Modipuram, Meerut , UP
Updated on 07 Jan 2022
Car Loan Details | ||
---|---|---|
Interest Rate (Monthly reducing balance) | 9.00% onwards | |
Processing Fees | Depends on the bank (0.25% to 0.50% of the loan amount) | |
Loan Tenure | 1 year to 7 years | |
Pre-closure Charges | Varies with bank | |
Guarantor Requirements | Varies with bank |
The car loan eligibility criteria can be different for different banks. The common criteria are as follows:
Identity proof/ Address proof | • Aadhaar • Passport • Driving license • Voters ID card • PAN card • Utility bills |
Identity proof/ Address proof | • Form 16 • Salary slips if you are salaried • Latest Income Tax Returns • Bank statements going back 6 months |
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