Features and Benefits of our New Car Loan.

• Quick Car Ownership : Get your dream new car without waiting to save up all the money (Avail up to 100% of On Road Cost)
• Flexible Financing : We lend you the funds needed to buy the car, and you pay us back in smaller, manageable installments or OD facilities.
• Enjoy the Newness : Experience the excitement of a brand-new car with all its latest features.
• Options Galore : Choose from a wide range of new car models that suit your taste and needs
• Building Credit : Making regular payments can help improve your credit score over time.
• Warranty Coverage : Many new cars come with warranties that provide peace of mind.

New Car Loan Eligibility and Documents

• Age: Generally 21-65 years
• Income: Minimum monthly or yearly earnings.
• Employment: Stable job with experience (1-2 years).
• Credit Score: Good score, often 700 or higher.
• Down Payment: A certain percentage of the car's cost
• Documentation: ID, address, income proofs, car papers.
• Loan Amount: Based on income and repayment ability.
• Debt-to-Income Ratio: Consideration of existing debts.

Documentation for New
Car Loans

• KYC documents (Valid Photo ID Proofs)
• PAN Card
• Last 2 years’ ITR as proof of income
• Salary Slip (latest 3 months)
• Salary account statement (latest 6 months)
• Signature Verification Proof
• Proforma Invoice of the Car

Fees and Charges