Car Loan
Car Loan
Why Not Drive Away In The Car Of Your Dreams Right Now With Our Car Loan Customized To Your Exact Specifications? You May Buy The Automobile Of Your Dreams In A Matter Of Minutes Thanks To Our Convenient Car Loan, Which Includes Special Perks Including Complete Funding For Eligible Vehicles, A Range Of Payback Terms To Suit Your Budget And Affordable Monthly Payments.
Car Loan Requirements
- Car Loan Can Be Availed By Self-Employed Individuals, Self-Employed Professionals, Sole Proprietorships, Partnership Firms And Private Limited Companies (Including Closely-Held Public Limited Companies), With A Profitable Car Loan For The Past 3 Years
- Applicant’s Age Should Be Minimum 21 Years At The Time Of Application And Maximum 65 Years At Maturity
- Minimum 5 Years Of Experience Required In The Same Line Of Car Loan With At Least 3 Years Of Car Loan Establishment & Operation In The Same City. For Self-Employed Professionals, Minimum 4 Years Of Post-Qualification Experience Is Required
- Minimum Car Loan Turnover Required Is & Rs.1 Crore And For Professional / Service Sector, Applicant’s Gross Receipts Should Be At Least 60 Lakhs
- Applicant Must Own Either Residence Or Office In His Name Or Jointly With Family Members Or Resides In A Residence Owned By An Immediate Family Member.
Documents Required
- 2 Passport Photo
- Identity Proof – Any One (E.G. Voter ID / Driving License / Passport / Aadhar Card)
- Address Proof – Any One (E.G. Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed Or Sale Agreement / Bank Statement)
- Ownership Proof Of Either Residence Or Office Either In The Name Of Applicant Or Jointly With Family Members
- Car Continuity Proof – Any One Document Dated 5 Years Old (Bank Statement / Sales Tax Challans / IT Returns / Shops & Est. Certificate / Certificate Of Incorporation / Partnership Deed)
- Letter Certifying End Use Of The Car Loan Funds On Personal Letterhead
- Passport Size Photographs Of All Applicants And Co-Applicants
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