LOAN

CALCULATE YOUR EMI

Loan Amount

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Bank Interest Rate

%

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Loan Period

Months

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EMI

Per / Month
0

Total Loan Amount: 0 / Payable Amount: 0

 

CAR LOANS

Loan eligibility Banks provide loans based on the annual income of the individual. Other than income, maximum eligible amount depends on the car model, the borrower's repayment track record, existing loans, etc. Banks finance 90-100% of the ex-showroom price of a new car rest road tax and Insurance to be paid extra. If your income is not sufficient to avail loan amount that you want, you can also club your Blood relation income that bank will treat as co-applicant.

Documents Needed for Loan

Following are the documents that are required for getting a car loan.

Salaried OR Individual

  • 2 PHOTOGRAPHS
  • Know Your Customer (AGE, ADDRESS AND IDENTITY PROOF).
  • 2 YEARS FORM 16 A
  • ORIGNAL SALARY SLIP LATEST 3 MONTHS.
  • 6 MONTHS BANK STATEMENT OF SALARY ACCOUNT
  • EMPLOYER IDENTITY CARD.

Self Employed OR BUSINESSMAN

  • 2 PHOTOGRAPHS
  • 2 YEARS INCOME TAX RETURNS WITH CA’S COMPUTATION.
  • 6 MONTHS BANK STATEMENT
  • KYC (AGE, ADDRESS AND IDENTITY PROOF)

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