Features and Benefits
To replace or complement your bank
Attractive car loan interest rates
Comparable EMIs with multiple offers.
Flexible loan tenure
Flexible Loan repayment tenure that can be negotiated.
Multiple loan offers
Multiple financers provid multiple offers leading to a range of options for the customer.
Transparent Process
All the terms & conditions are shown upfront and the customer is informed at each step of the process.
Calculator
Get an approximate figure for the total monthly installment payments along with a complete break-up of the home loan.
New Car Loan Eligibility
You are eligible to avail a car loan if you meet the below criteria
For Salaried Individuals
- Individuals who are at least 21 years old at the time of loan application and no older than 60 after loan term are eligible.
- Individuals who have worked for at least two years, including at least one year with their present employer.
- Those with an annual income of at least ₹3, 00,000 including the income of their spouse or co-applicant.
For self-employed individuals
- Individuals who are at least 21 years old at the time of application and no older than 65 after loan term are eligible.
- Those who have been in operation for at least two years.
- Individual should earn at least ₹ 3,00,000 per annum.
Documents required for car loan
KYC documents (Valid Photo ID Proofs)
Last 2 years' ITR as proof of income
Salary account statement (latest 6 months)
PAN Card
Salary Slip (latest 3 months)
Signature Verification Proof
Availcar Partner
