CAR LOAN FORM
Overview
A Car Loan is a loan taken for purchasing a new Car, a Used Car or a Car refinance on an existing Car.
If you are planning to buy a new car we will take care of Car the Loan and assistance for you.
Applicable Interest Rate
- Currently, the rate of interest on a Car Loan starts at as low as 7.5%.
Procedure
- Submission of complete application form with photograph.
- Submission of all required documents.
- Internal verifications.
- Personal interview with a bank official.
- Sanction of the Loan.
- Title clearance through our panel advocate.
- Collection of pre-disbursement documents.
- Loan disbursement.
Car Loan Types
If you want
to avail a new car you can take a new car loan
Owning a used car can be a simple,
easy and reliable experience. You can get up to 90% funding of the car value.
Avail this loan by pledging your existing car which is free from any loan/hypothecation
Take over your existing car loan and generate cash*
It’s a loan taken over from the bank where the foreclosure amount is lesser than what other Bank actually
funds on the asset. That’s how you generate cash and you can get more than 100% finance.