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| * Applying for an auto loan online is quick, simple, and hassle free. The online application is completed with in few minutes... |
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- Auto Loan is available for both Salaried & Self employed people.
- Loan amount is decided on the basis of one's repaying capacity.
- Fast and quick processing.
- Payment is made directly to the car company over its dealer.
- Special discounts are also offered.
- Easy repayment through EMI options.
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| Salaried |
| Minimum age of Applicant: 21 years
Maximum age of Applicant at loan maturity: 60 years
Minimum age of Applicant: 21 years
Maximum age of Applicant at loan maturity: 65 years Income
Minimum Annual Income should be Rs.100, 000 p.a. taxable income The actual eligibility is calculated after going thru the actual financials and profile.
Minimum employment: Minimum 2 years in employment and minimum 1 year in the current organization.
Years in business: Minimum 3 years in current business and 5 years total business experience.
Business must be profit making for the last 2 years.
The minimum stay at current residence should be 2 year for salaried and self-employed individuals.
The applicant must have a landline telephone connection at home running from the last six months. |
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| Checklist for Automobile Loan |
Salaried individuals: Latest Salary slip or salary certificate. Form 16 of the previous Financial Year or latest Income Tax Returns.
Self-Employed individuals: Income Tax Returns of 2 previous financial years.
Partnership Firms, Societies & Companies: Income Tax Returns of 2 previous financial years along with Profit & Loss Account Statements and Balance Sheets of both years.
1. Voter's ID card
2. Passport
3. Ration card
4. PAN card
5. Employer's Identity card
1. Voter's ID card
2. Passport
3. Ration card
4. PAN card
5. Rent agreement (if you are residing in a rented house)
6. Bank Pass book
7. Quarters Allotment Letter from the company (if you are residing in company quarters) |
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