Vihaara.com

7.75%-8.25%

Rate of Interest

INR 10 Lakhs

Minimum Turnover

5 Years

Business Experience

Car Loan

If you're planning to buy a car, securing the right auto loan is crucial. It ensures smooth cash flow as banks/NBFCs fund 80-90% of the car's price. We assist in finding the best loan options based on interest rates, loan amounts, and quick disbursal times tailored to your needs.

Documents

For salaried Individuals (photocopy and self attested)

PAN & Adhaar
2 years form 16
2 photographs

last 6 months bank statement
Proof of existing loan if any
last 3 months salary slips

For self employed Individuals (photocopy and self attested)

PAN & Adhaar
last 6 months bank statement
Business address proof
Proof of existing loan if any
Last 3 years income tax return, computation, p&l account, balance sheet

Apply for loans

Car Loan - Eligibility

Self-employed individuals, proprietors, private limited companies & partnership firms working in trading, manufacturing or services.
Individuals associated with the current business for a minimum of 3 years (plus a total of 5 years of business experience).
Individuals should be at least 22 years of age while applying for the loan & less than 65 years of age at the time of maturity.
Enterprises making profits for the past two years.
Enterprises with a minimum turnover of INR 10 Lakhs.
Enterprises with a Minimal Annual Income (ITR) of INR 2 Lakhs per year.