Car loan interest rate

Find the Best Car Loan on Insurance-Wala

About Car loan

A range of benefits on car loans from Insurance-Wala, irrespective of your loan amount or type of vehicle.

Car Loan:-

Car loan is very much what you think it is: It is a personal loan, the proceeds of which are used to purchase an car. More specifically, a lender loans the borrower the cash it takes to purchase a vehicle. In return, the borrower agrees to pay back the lender the amount of the loan plus interest, usually in monthly payments, until the amount owed is fully paid off.

Eligibility:-

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    Eligibility Details Salaried Business
    Age 21 – 60 years 18 – 65 years
    Annual income Rs 25,000 Minimum turnover of Rs. 40 lakhs
    Credit Score 800 800
    Loan Tenure Up to 7 years Up to 7 years
    Loan to Value Ratio Up to 100% Up to 100%

Car Loan Interest Rates:-

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EMI:-

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s,

Documents Required:-

1.Identity and Residence proof 2.Application form with photograph 3. Last 6 months bank statements 3. Processing fee cheque 4. Income Documents

    Agriculturists Salaried Customers Businessmen – Professionals
    Application form with photograph Application form with photograph Application form with photograph
    Identity and Residence proof Identity and Residence proof Identity and Residence proof
    Last 6 months bank statements Last 6 months bank statements Last 6 months bank statements
    Processing fee cheque Processing fee cheque Processing fee cheque
    Income Documents - -
    Copies of Title Documents of Agricultural Land depicting Landholding Latest Salary Slip Educational Qualifications Certificate and Proof of Business
    Copies of Title Documents of Agricultural Land depicting crops being cultivated Form 16 Business Profile and Previous 3 years Income Tax returns
    Statement of previous 2 years of loans availed - Previous 3 years Profit/Loss and Balance Sheet

Car Loan Interest Rate

    Interest Rate 9.25% onwards
    Processing Fee Min 0.22% of loan amount
    Loan Tenure 3 years to 8 years
    Prepayment charges NIL
    Loan to Value Upto 100% of ex-showroom price

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Our Travelers

Benefits our traveler's Enjoy

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

Our Associated Bank

We have associated with given bank list we also working other bank also

  • ICICI Bank
  • HDFC Bank
  • Axis Bank
  • IDBI Bank
  • IndusInd Bank
  • Bandhan Bank
  • State Bank of India
  • Union Bank of India
  • Punjab and Sind Bank
  • Bank of India