Own that new car you have always desired, with a little help from us.We offer car loans up to 90% of the ex-showroom price of the car. Our interest rates would pleasantly surprise you. What's more, you can take up to 5 years to repay the loan.
Features & Benefits
Covers the widest range of cars and multi-utility vehicles in India
Upto 100% finance on your favourite car.** -Flexible repayment options, ranging from 12 to 84 months
Borrow up to 3 times your annual salary (for salaried professionals) and 6 times your annual income (for self employed professionals)*
Speedy processing - within 48 hours
Repay with easy EMIs
Car Loan Eligibility
Salaried Individuals include Salaried Doctors, CAs, employees of select Public and Private limited companies, Government Sector employees including public sector undertakings and central, state and local bodies:
Self employed (Professionals) include self - employed Doctors, Chartered Accountants, Engineers, MBA Consultants, Architects, Company Secretaries.
Self Employed (Individuals) include self-employed - Sole proprietors, Partners & Directors in the Business of Manufacturing, Trading or Services.
Self Employed (Pvt Cos and Partnership Firms) include Private Companies and Partnership firms in the Business of Manufacturing, Trading or Services
Car Loan Benefits
- Borrow up to Rs 15,00,000for any purpose, depending on your requirements.
- Repay with easy EMIs.
- Avail Attractive Interest Rates
- Hassle-freeLoans - No Guarantor / Security / Collateral required
- Speedy Loan Approval.
- Flexible repayment options, ranging from 12 to 48 months.
- Convenience of service at your doorstep.
- Credit Shield.
- Personal Accident Cover.
Car Loan FAQs
Q: What documents do I need to establish proof of income?
Ans: For income proof, most banks look at your IT returns for the last two years and also at the nature of income. However some banks do not consider speculative income - from the stock market, rental or agricultural income. Some banks discount such income by up to 50% in their workings.
When can I apply for a Home Loan?
You can for apply for Home Loan at anytime. You may apply for it after you have decided to acquire/construct a property, and even in case, the property has not been selected or the construction has not commenced, you can still apply. What's more, you can also avail for Home Loan facility if you want to renovate or expand your home.
Car Loan Document Required
Documents Requirement for Car Loan
- Last six month bank statement ,salary account. If salaried.
- Last six month current account statement. If self employed.
Car Loan Over View