Used Car Loans
Used Car Loans
You can now take a car loan for not only new vehicles but also for pre-owned vehicles.The quick and speedy processing of the loan will ensure you are in possession of a car in no time.
Apply EMI CalculatorFeatures
- Avail up to 60% of the value of the vehicle.
- Tenor – Ranging from 12 to 48.
- Quick and speedy processing.
- Repayment through convenient EMI’s
- Financial based product
- Convenient and Attractive Rate of Interests
- Minimum / hassle free documentation
Eligibility
Salaried Individuals:
- Minimum age of Applicant - 21 years
- Maximum age of Applicant at loan maturity - 60 years
- Minimum Monthly Gross Salary should be Rs.20000/-
- Minimum Employment Stability - One year in current employment and total experience of 2 years
Self-Employed / Professionals:
- Minimum age of Applicant - 21 years
- Maximum age of Applicant at loan maturity - 65 years
- Average taxable income as per ITR should be at least Rs.2.40 lacs p.a
- Minimum Business Continuity - 3 years in same business
Partnership Firms:
- Minimum Income – Rs. 1,20,000/-
- Minimum Business Continuity - 3 years in same business
Private Limited Company:
- Minimum Income – Rs. 1, 20,000/-
- Minimum Business Continuity - 3 years in same business
Public Limited Company:
- Minimum Income – Rs. 1, 20,000/-
- Minimum Business Continuity - 3 years in same business
Fees & Charges
- Please click here for detailed Schedule of Charges for Loans and Advances
- Please click here for detailed Schedule of Charges of Savings Account
More Info
- Please click here for documents required
- Please click here for application form
- Please click here for for loan agreement copy of Vehicle-Loan
