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Car Loan

Apply for a Car Loan.

Interest Rate

10.25% - 12.25% Per Annum

Processing Fee

Min. 1% (Rs.1000)

Tenure Range

1-7 years

Fees & Charges:

  • Preclosure fee - 6% of principal outstanding

Documents Required:

Identity Proof:

  • Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

  • Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

  • Last 2 years IT returns 
  • Income computation certificates by CA for last 2 years 
  • Bank statement for last 6 months
  • Turnover Proof -  Service Tax Returns/ latest sales

Eligibility:

  • Nationality - Indian 
  • Age - 21-65 years 
  • Yearly income - Min. 2 lakhs
Interest Rate

8.4% - 11.10% Per Annum

Processing Fee

Max. Rs 4,720

Tenure Range

1-7 years

Fees & Charges:

  • Preclosure Fee - 6% (till 6months-2 years), 5% (2-3 years) and 3% (after 3 years)

Documents Required:

Identity Proof:

  • Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

  • Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

  • Last 2 years IT returns 
  • Income computation certificates by CA for last 2 years 
  • Bank statement for last 6 months
  • Turnover Proof -  Service Tax Returns/ latest sales

Eligibility:

  • Nationality - Indian 
  • Age - 21-60 years 
  • Yearly income - Min. 3 lakhs 
  • Work Experience - Min. 2 years 
Interest Rate

9.3% Per Annum

Processing Fee

NIL

Tenure Range

1-7 years

Fees & charges:

  • Preclosure Fee - NIL

Documents Required:

Identity Proof:

  • Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

  • Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

  • Last 2 years IT returns 
  • Income computation certificates by CA for last 2 years 
  • Bank statement for last 6 months
  • Turnover Proof -  Service Tax Returns/ latest sales

Eligibility:

  • Nationality- NIL 
  • Age - 21-65 years 
  • Yearly Income - 3 Lakhs (Salaried), 4 Lakhs (employed)
Interest Rate

8.6% - 11.50%

Processing Fee

Max. Rs. 5,500

Tenure Range

1-7 years

Fees & Charges:

  • Preclosure Fee - 10% (Salaried individuals) and 5% (Self-employed) of principal outstanding

Documents Required:

Identity Proof:

  • Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

  • Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

  • Last 2 years IT returns 
  • Income computation certificates by CA for last 2 years 
  • Bank statement for last 6 months
  • Turnover Proof -  Service Tax Returns/ latest sales

Eligibility:

  • Age - 21-75 (salaried), 18-75 (Self-employed)
  • Yearly Income - 2.4 Lakhs (salaried), 1.8 Lakhs (Self-employed)
Interest Rate

8.80% - 13% Per Annum

Processing Fee

Max. Rs. 5,000

Tenure Range

1-7 years

Fees & Charges:

  • Preclosure Fee - NIL

Documents Required:

Identity Proof:

  • Aadhaar Card/ Passport/ PAN Card/ Voter ID Card

Address Proof:

  • Aadhaar Card/ Passport/ Driving License/ electricity, phone bills

Income Proof:

  • Last 2 years IT returns 
  • Income computation certificates by CA for last 2 years 
  • Bank statement for last 6 months
  • Turnover Proof -  Service Tax Returns/ latest sales

Eligibility:

  • Age - 23-70 years 
  • Should be self-employed/partnership/companies
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