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Features
& Benefits |
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Fasttrack
Your Loan |
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Eligibility
& Documents |
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Car
Segments & Funding |
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Eligibility & Documentation
Salaried Individuals
Eligibility Criteria :
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Minimum age of Applicant: 21 years |
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Maximum age of Applicant at loan
maturity: 58 years |
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Minimum employment: 1 year in
current employment and minimum 2
years of employment |
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Minimum Annual Income: Rs 100000 net
annual income |
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Telephone: Must at residence |
Documents required
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Proof of Identity:- Passport copy,
PAN Card, Voters Id car, driving
licence( Laminated, Recent, Legible) |
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Income Proof:- Latest salary slip
with form 16. |
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Address Proof:- Ration card/Driving
licence/Voters card/passport
copy/telephone bill/ electricity
bill/Life insurance policy PAN Card. |
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Bank Statement:- Not mandatory |
TOP
Self Employed
Eligibility Criteria
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Minimum age of Applicant: 21 years |
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Maximum age of Applicant at loan
maturity: 65 years |
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Minimum employment: Atleast 3 years
in business |
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Minimum Annual Income: Net profit Rs.
60000 p.a for standard cars and
Rs.100000 p.a. for mid-sized and
premium cars |
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Telephone: Must at residence |
Documents required
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Proof of Identity:- Passport copy,
PAN Card, Voters Id car, driving
licence( Laminated, Recent, Legible) |
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Income Proof:- Latest ITR |
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Address Proof:- Ration card/Driving
licence/Voters card/passport
copy/telephone bill/ electricity
bill/Life insurance policy PAN Card |
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Bank Statement:- Waived for small
cars, for mid - sized and premium
cars if income Is greater than Rs.
1.5 lacs then bank statement
requirement can be waived. |
TOP
Partnership Firms
Eligibility Criteria :
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Minimum Income: Net profit Rs. 60000
p.a for standard cars and Rs.100000
p.a. for mid-sized and premium cars |
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Minimum turnover: Turnover Rs. 4.5
lacs |
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Telephone: One phone at least at
business and at residence of the
loan executing partner |
Documents required :
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Proof of Identity:- NA |
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Income Proof:- Audited balance
sheet, Profit & Loss Account for
latest two years and the latest 2
years IT returns of the company |
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Address Proof:- Telephone
Bill/Electricity Bill/Shop &
Establishment Act certificate/SSI
registered certificate/Sales Tax
certificate |
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Bank Statement:- Waived for small
cars, for mid - sized and premium
cars if income Is greater than Rs
1.5 lacs then bank statement
requirement can be waived |
TOP
Private Limited Company
Eligibility Criteria :
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