Thursday, May 19, 2016
Wednesday, May 18, 2016
Car Loan in Delhi - Low-Interest Rates and EMI
Car Loan is used to buy new or used car or commercial vehicle etc., based on the debtor’s integrity and capability to pay.
Bank/NBFC offers Car Loan up to 95% value of ex-showroom price and it can be repaid over a period of 12 months to 84 months. The loan amount you are eligible for and the interest rate you will be charged are dependent on factors such as monthly income, value of the car, customer's employment history and past financial credit history with the pattern.
The Interest rates of Car Loan is 9.35%. You can calculate Car Loan EMI online through EMI Calculator.
The Loan Amount can be up to 100% of Ex-Showroom Price. The customers can apply for the car loan through online.
Documents Required:
- ID proof (PAN Card, Driver's license, Voter ID, Passport, Aadhar)
- Address proof (Electricity bill, Telephone bill, Ration card, Bank statement, Credit card statement)
- Passport Size Photo
- 3 month's Salary slips
- 6 month's Bank statement
- Last 2 years form 16
- Form 16/ITR for last 2 years
- Quotation of car
- Receipt of Booking/Advance payment (If any)
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