Car Loan for Drivers

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Car Loan for Drivers

About Car Loan for Drivers

Car Loan for Drivers

Nowadays driving is not merely a skill, it has become an earning medium for the people. Ola Cabs, Uber Cabs, Meru Cabs etc are the platforms which have transformed this skill and utilized it in a better way.

If you are also planning to make your driving skill an earning medium, you can avail a Car Loan for Drivers. This product is specially designed for drivers who want to have their own vehicle. This loan is also called as Loan for Commercial Vehicles. Banks and NBFCs provide finance to the people to buy the car for the commercial purpose.

Avail the Best Car Loan for Drivers with maximum funding and Easy Loan Tenure. Repay your Loan amount with flexible options.“Save your precious time. No frequent visits to any bank.

We will assist you in getting the Best Commercial Car Loan. The Best Car Loan according to your needs will knock at your door. Avail your Car Loan without any hectic procedure and cherish your life.”

Commercial Car Loan Interest Rates:

Interest Rates

New Car Loan 

Used Car Loan 

13% to 14%

15% to 16%

Features and Benefits of Car Loan for Drivers

  • Affordable
  • Up to 85% Funding
  • Simple and Hassle free
  • Loan Tenure up to 4 years
  • Flexibility of payment
  • Speedy Approval in 4 hours
  • Car Loan of up to 6 times your annual income
  • A dedicated helpline.
  • Doorstep services

Eligibility for Car Loan for Drivers

The car loan eligibility requirements are as followed:

  • Minimum age: 21 years
  • Maximum age at loan maturity: 65 years
  • Minimum employment: For Salaried 1 year in current employment and a minimum of 2 years of employment / For Self- Employed at least 3 years in business
  • Salary Eligible: Rs. 20,000 per month
  • Telephone: Must at the residence.
  • Own House

Documentation required for Car Loan for Drivers

Documents required for car loan are as followed:

  • Proof of Identity: Passport copy, PAN Card, Voters ID card, Driving License ( Laminated, Recent, Legible)
  • Transport License is mandatory
  • Income ProofFor 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 6 months