Car Loan

Let’s start your dream ride with us

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Cars have become a necessary part of our lives as it provide us with that necessary support we need in today’s world to achieve meet our daily goals smoothly. Owning your dream car is what you always wait for. A car loan can make your realize your dream. What you want is a loan which is as per your requirement and financial situation. We provide you wide range of options for a car loan helping you to own your dream car with an ease.

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Advantages of Car Loan with us Benefits

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Easy Documentations
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High Loan Value
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Upto 90% Finance
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Quick Disbursal
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Quick & Simple Process
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No Hidden Charges
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Multiple Lenders
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Friendly EMI’s
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24/7 Service
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Low Interest Rates
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Flexible loan Tenure
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Top up Loan Facility
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Speedy Approval

Car Loan Features

  • Finance for purchasing of both new and used cars.
  • Upto 85% to 90% of on-road price available as finance. Some lenders also offer upto 100% finance depending on the vehicle on-road price and other criteria.
  • Loans tenures range from 1 year to 7 years.
  • Loan value or loan amount up to three times your annual income also sanctioned.
  • Instant finance also offered on select cars.
  • Additional discounts and offers available on dealer or manufacturer-lender tie-ups.
  • Purchased car acts as collateral until completion of loan repayment.
  • Repayment structured on easy Equated Monthly Installments.

Car Loan Eligibility

Salaried Individual

houseResident Indian Citizen
houseMinimum age: 21 Years Maximum Age: 60 years at Loan Maturity
houseIncome Requirement: Minimum Rs. 2,50,000 p.a.
houseEmployment: Minimum 2 years, and 1 year with Current Employer
houseHealthy savings history and professional stability

Self-Employed Individual

houseResident Indian Citizen
houseMinimum age: 21 Years Maximum Age: 65 years at Loan Maturity
houseIncome Requirement: Minimum Rs. 2,50,000 p.a.
houseBusiness: Minimum 2 years in current business
houseMinimum 1 year Business Vintage

Documents Required for Car Loan

DocumentsSalaried EmployeeSelf Employed
Identity ProofVoter Id / Passport / Driving License / Aadhaar cardVoter Id / Passport / Driving License / Aadhaar card
Age ProofVoter Id / Passport / Driving License / Aadhaar card/ Birth certificate / Secondary School Leaving Certificate / Pension Payment Order or Receipt / LIC PolicyVoter Id / Passport / Driving License / Aadhaar card/ Birth certificate / Secondary School Leaving Certificate / Pension Payment Order or Receipt / LIC Policy
Address ProofRent Agreement / Bank Statement / Ration card / Passport / Driving License / Electricity Bill / Property Tax Receipt / Water Bill / Telephone Bill / Credit Card BillRent Agreement / Bank Statement / Ration card / Passport / Driving License / Electricity Bill / Property Tax Receipt / Water Bill / Telephone Bill / Credit Card Bill
Income Proof3 Months Salary Statement / 6 Months Bank StatementsP&L Statement / Balance Sheet / 6 Month Bank Statements / 3 Year Income Tax return
Income taxForm 163 Year Income Tax Returns or Assessment Orders Advance Income tax Paid
Employment Proof / Proof of BusinessEmployers Letter Identification CardPAN / GST Certificate / Trade License Partnership Deed / AoA / MoA / Import Export Code / Registration Certificate / Professional Practice License for Doctors, Consultants, etc / Registration Certificate of Establishment for Shops, Factories, and other Establishments / Business Address Proof
Photograph3 Passport Size Photograph3 Passport Size Photograph

Frequently Asked Questions

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