Welcome to Car Loan in Bangalore
Auto loans are loans given out by car dealerships or financial institutions, for buying a car or any automobile. The automobiles lose value with time, this is the main reason for the high rate of interest of the auto loans. The shorter the time tenure, the lower the overall cost of the loan.
Car finance arose because the price of cars is slightly higher and many individual needs financial assistance. The personal car finance funding is provided either by a specialist car financing company or retail bank. Bookmypersonal loan helps the customer to take good decision by provide complete information about the bank policy rate of interest, terms and condition.
Car Loan In Bangalore Offered by Various Banks
- HDFC Bank car loan in bangalore
- ICICI Bank car loan in bangalore
- Bajaj Finserv car loan in bangalore
- Standard chartered bank car loan in bangalore
- Axis bank car loan bangalore
- kotak bank car loan bangalore
Features and benefits of car loan bangalore
- Flexible documentation and quick processing.
- Lower rate of interest on car loan
- End-to-end doorstep service
- Car Loans for personal and commercial-use cars or utility vehicles, both new and used.
- Flexible Loan payment options
- Low processing fee less than market price Bank fund max 80% of car value some finance company provides 100% fund.
Eligibility to get Car Loan Bangalore
- Be employed by the same employer for at least two years.
- Be at least 21-years-old at the beginning of the car loan tenure
- Have an annual salary of at least Rs. 1,50,000.
- Have residential stability for at least one year.
- No. of years in the employment or occupation
- CIBIL score and good repayment history
Documents required for car loan bangalore
- Pan card copy
- Id proof : voter id /passport /aadhar card /dl
- Address proof : voter id /passport /aadhar card /dl /bank statement /rental agreement
- Salary slip and bank statement