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Fastrack your loan with our attractive car
loan plans
Credit Card Plan
If you are a salaried Individual /
self-employed / proprietor and hold any of
the cards mentioned below, your loan request
gets processed faster than normal.
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Citibank Gold. |
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Citibank Diners |
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HSBC Gold |
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ANZ Grindlays Gold |
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American Express Gold Card |
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American Express Charge Card |
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Standard Chartered Gold |
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HDFC Bank International Credit Card |
Submit your credit card statements in place
of income documents to avail of Used Car
Loans.
Requirements :
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Your card has to be atleast one year
old. |
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You need to submit the last two
billing statements. |
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The plan does not include
multi-utility vehicles (Tata
vehicles, Mahindra vehicles, etc). |
NRI Loans
NRIs can avail of Used Car Loans from HDFC
Bank, for use of the vehicles by their
relatives in India. Additional documents
required are as follows:
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Contract copy and salary slip of NRI. |
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Endorsement on passport for last 3
years. |
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Proof of ownership of property. |
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Post-dated cheques must be from the
resident account of the borrower. |
No Income-Document Loan Plan
Now, you can get a car loan without proof of
income.
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Under this scheme, you can get the
loan amoun upto 65% for 3 years and
upto 60% for 5 years on the value of
the car. |
90% Loan Plan with Fixed Deposit Lien
This allows you to take a loan against your
deposit at HDFC Bank.
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You can get a loan for 95% of the
valuation of the used car with the
required margin placed as a Fixed
deposit in HDFC Bank. |
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Lien is marked on the specified
deposit. Installments can be paid
through Standing Instructions/ PDC's/
ECS. |
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Fixed deposit should cover at least
50% of the loan amount. |
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