Vehicle Loan
Car Loans are available in India at attractive interest rates and a repayment tenure of up to 8 years. Depending on the lender, up to 100% of the on-road price of a car may be offered as a loan.
Car loan interest rates offered by various lenders can be compared to choose the best option. Compare and choose the best car loan for you and your family. Additionally, maintaining a good credit score can often result in more favorable interest rates and loan terms.
At AARAMBH FINANCE, You can choose the car model you want and make repayments in easy EMIs in a hassle-free manner. We also ensure that the process of car loan application is simple, and the approval is given swiftly. Thus, begin your journey of owning a car today by applying for a car loan right away!
Eligibility For Car Loan
The Applicant should be an Indian citizen.
The Applicant should be at least 21 years of age or up to 65 years.
Salaried employees should have at least 2 years of work experience with the current employer.
Salary slips, Form-16, and IT Returns (as applicable).
Self-employed applicants should be in the business for at least 2
Car Loan for Salaried Individuals (Documents Required)
Proof of Identity (PAN Card) of residence Applicant & Co-Applicant.
Proof of Address (Aadhaar Card or Passport) of residence Applicant & Co-Applicant.
Bank statements for the last three months(where the salary is credited).
Minimum of 1-year continuous employment.
Latest salary slips.
Form-16 issued by the current employer.
Minimum net annual salary of ₹2,40,000 p.a. (for all approved car models)
Photo of Applicant & Co-Applicant.
Car Loan for Self-employed Professionals (Documents Required)
Proof of Identity (PAN Card) of residence Applicant & Co-Applicant.
Proof of Address (Aadhaar Card or Passport) of residence Applicant & Co-Applicant.
Office/Business Proof.
Should be in the business for at least 2
Bank statements for the last three months.
Photo of Applicant & Co-Applicant.
Minimum net annual business income of ₹2,40,000 p.a. (for all approved car models)
IT Returns of two years preceding the one in which loan is applied for.
“GST Certificate”(for self employed) & “Bank Statement”
Contacts
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