Car Loan

Car loan are loans that are availed for purchase of any car starting from a hatchback to a sedan and also an XUV which can be paid back through easy EMIs. You can take car loan for purchase of a brand new car, a used car, a taxi; take a balance transfer on your existing car. Firm and organizations can avail car loan for purchase of car or any transport vehicle to provide employee transport, to make provision of carrying goods for transport purposes, etc.

If you are keen on purchasing a car for official purposes, here are some features of Car Loan:

• Loan Amount: Get 100% car finance with upto Rs.12 Crores loan amount for purchase of a car.

• Rate of Interest: Rate of interest generally applicable on your car loan ranges between 10.25% to 12% p.a.

• Loan Tenure: Car loans can be availed for a Loan tenure upto 7 years.

• Nil fore-closure charges: You can pay back the car loan at any time during your loan tenure and make a pre-payment of your car loan.

• Minimal documentation: Car loans can be availed with very minimal documentation quite easily.

• Hassle-free Online process: Car loans can be applied for through a online process.

Check your eligibility for availing Car Loan in India by a firm or organization:

• You can apply for a car loan in India if you are registered firm or an organization.

• You can apply for a car loan in India along with a co-applicant who can be the partner in your organization.

• Documents that are required to avail your car loan in Delhi for Firms & Organization and Self-employed individuals:

• KYC Documents of the firm or an organization

• Income tax Return Certificate of past three years

• P&L statement of last three years

• Last Three months Bank Account Statement

Here’s how to apply for Car loan:

• You can submit an application for car loans online at letzbank

• You get to compare various Car Loan schemes and products being offered by top associate banks in the country.

• Once you compare and are confident as to which car you want to choose from and which car loan you want to go for, you can submit your application through effortless online procedure.

• You can plan your EMI, ROI and Loan Tenure with the help of our professional tools and services.

• You will be able to predict your loan term throughout the loan stages which will help you take a well informed choice while submitting your application.

• Online application will not just make your application procedure simpler but also help you get away with the added Service Charges.

• You can also e-save your KYC documents, certificates and details on an online document locker which will help you avoid identity theft and save your documents online for any further transaction in future.

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