| Buying cars made easy with affordable car loans apply now!
In today’s fast, never stopping world, owning a vehicle is must, moreover it is the representative of your society symbol. Cars loans are thus designed with the help of which anyone can buy cars of their choice that is of your choice and suits your status. Car loan are charged at 12% interest rate up to 3 years for new cars and at 13% for used/second hand cars which after 3 years increase to 12.50% and 13.50% respectively.
Features of car loan:-
- Maximum loan amount can be 15 lakh
- Cars loans are granted for new as well as old cars
- 7 years for loan repayment
- Reasonable interest rate
- Minimum processing and approval time around 4-7 days
Following are eligibility criteria for car loan application:-
- Annul income equal to Rs.12000 and Rs. 10000 for salaried and self employed individuals
- Age should be between 21-65 years
Documents to be submitted when applying for home loan includes- Id proof, residence proof, income proof, bank statement, signature proof.
|