NEW CAR PURCHASE LOAN

What is New car purchase loan

A new car loan will enable you to buy a brand-new car while a used car loan can be used to buy a pre-owned car. Many top lenders in the country offer car loans for buying new cars as well as second-hand cars.

Features of New car purchase loan

Maximum Loan Amoun

Up to Rs. 3Cr

Loan Repayment Period

4 years

Interest Rate

Flexible Interest Rate

Faster Disbursal

Within 3 working days

No Collateral Required

Collateral free loans upto 50 lakhs

Documents for New car purchase loan

  1. Passport size photo
  2. Pan card
  3. Aadhar card
  4. Electricity bill
  5. Latest 3 month salary slip
  6. Latest 6 months salary account bank statement
  7. RC / smart card
  8. Insurance copy
  9. SOA