Own your dream car with our quick and easy car loans.
Make your dream of owning a vehicle a reality with our easy and fast Auto Loan services. Whether you're looking to buy a brand-new car or a pre-owned vehicle, our seamless loan process ensures you can hit the road in no time. With competitive auto loan interest rates and flexible repayment options, owning your dream car has never been easier. Start your journey today and turn your aspirations into achievements with our reliable and convenient car loan solutions.
Features and Benefits of our Car Loan
- Quick and Easy disbursement
- Flexible Loan Amount
- Flexible Tenure – Up to 84 months
- Improves Credit Scores: Timely repayment enhances your credit score
Eligibility Criteria for Auto Loan
- Age
21 to 65 years - Credit Score
A higher credit score can improve your chances of getting a loan and may qualify you for a lower interest rate. A score above 750 is often considered ideal. - Income and employment
Lenders want to see that you have a stable source of income and stable employment history to ensure you can repay the loan. Minimum income required Rs. 2.5 Lacs / year including the income of spouse / co applicant. - Loan Amount
Based on income and repayment ability - Debt-to-income ratio
This ratio compares your monthly debt to your gross monthly income. Lenders prefer a ratio below 40% - Down payment
A larger down payment can reduce the loan amount and the risk for the lender - Documentation
As per norms defined by the lender.
Documentation for Loan Auto Loan
- KYC Documents / Identification / Address proof
Aadhar Card / PAN card / Electricity Bill - Income proof
Salary slips, bank statements, Form 16, income tax returns, and financial statements Employment certificate - Car Dealership details and Proforma invoice of the car