Car Loan
🚗 Car Loan
Owning your dream car is now easier than ever with our fast and flexible Car Loan solutions. Whether you are purchasing a new car or a used vehicle, our car loans offer competitive interest rates, quick approvals, and flexible repayment options to suit your budget and lifestyle.
✅ Key Features of Car Loan:
Loan Amount: Up to 100% of on-road price (for new cars)
Loan for: New Cars, Used Cars, Commercial Vehicles
Tenure: 1 year to 7 years
Interest Rate: Competitive and customized
Collateral: The vehicle itself (hypothecated)
Processing: Quick approval and minimal paperwork
🔹 Benefits of Car Loan:
Fast processing and same-day approvals in many cases
Low down payment options
Fixed and affordable EMIs
No need to pledge additional security—vehicle serves as collateral
Financing available for salaried, self-employed, and business owners.
📋 Required Documents for Car Loan:
Personal KYC Documents:
PAN Card
Aadhaar Card / Passport / Driving License / Voter ID
Passport-size Photographs
Income Proof:
For Salaried Applicants:Last 3 months’ Salary Slips
Latest 6 months’ Bank Statement
Form 16 or Income Tax Return (ITR)
For Self-Employed Applicants:
Last 2–3 years Income Tax Returns (ITR)
Profit & Loss Statement and Balance Sheet
Business Registration Certificate
Vehicle-Related Documents:
Proforma Invoice / Quotation from Authorized Car Dealer
Vehicle Registration Details (if applicable for used car loan)
Other Documents:
Residence Address Proof (Utility Bill, Rent Agreement)
Existing Loan EMI Statements (if applicable)