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Interest Rates for Car Loan
|New Car Loan Interest Rate (Reducing)||Used Car Loan Interest Rate (Reducing)||Processing Fee|
|9.45 to 10.75%||13.75% Up to 36 Months||0.50%|
|17.20% Above 36 Months|
- Easy monthly repayment options.
- Instantly available.
- Loan Tenure period varies from 5-7 years.
- Affordable Interest Rates.
- Easily and quickly available loans.
- No hidden charges.
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: For Salaried 1 year in current employment and minimum two years of employment / For Self- Employed at least three years in business
- Minimum Annual Income: For Salaried Rs 100000 net annual income / For Self- Employed Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
- Telephone: Must at residence.
- Proof of Identity: Passport copy, PAN Card, Voters ID car, Driving License( Laminated, Recent, Legible)
- Income Proof: For Salaried Latest salary slip with form 16 / For Self- Employed Latest ITR
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy PAN Card
- Bank Statement: Last six months
Madurai is a city and headquarters of Madurai District in the South Indian state Tamil Nadu. It is the third largest city in Tamil Nadu. It is located on the banks of River Vaigai.
Leading Car Loan Providers (Click to Apply)
- HDFC Car Loan
- Bank of Baroda Car Loans
- Canara Bank Car Loan
- Indusind Bank Car Loan
- State Bank of Hyderabad Car Loan
- SBI Car Loan
- ICICI Bank Car Loan
- AXIS bank Car Loan
- IDBI Car Loan
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