New Car Loan
Buying a car can be a milestone of an achievement in one’s life. But with skyrocketed car prices, it has become difficult than ever to buy a car. Hang on! How about a new car loan? Well, Car Khardo Becho has enabled many individuals in owning a brand-new vehicle via a new car loan.
Apply NowFeatures and Benefits
Opting for a new car loan comes with umpteen benefits. These include:
Get 100% funding
We all agree that brand new cars are expensive. But what if you are getting 100% of the car value as your new car loan amount? At Car KharidoBecho 24, we do 100% on-road funding for the vehicle of your dreams.
New car loans come with the option of foreclosure
At Car Kharido Becho 24, we take care of the customers who wish to settle their car loans. And this is the reason why we extend the option of foreclosure to them.
Get an easy and hassle-free approval
Without standing in queues, collecting a pile of documents from a plethora of places or being called to sign paperwork myriads of times, you can seek an approval to your new car loan. Apply at Car KharidoBecho 24 now and have a hassle-free loan approval experience .
No need of collateral
Unlike other types of loans, car loans do not require collateral. So, you need not take the pain of looking for gold or property.
New Car Loan Eligibility Criteria
There are qualifications for obtaining a new car loan, and not everyone will qualify.
The minimum and maximum age
From 18 to 65 years of age
The loan amount
Many banks provide loans up to 50 lakhs. The maximum loan amount in some banks is Rs. 1 crore.
Net income per month
Monthly income of at least Rs. 10,000
Net income per month
Monthly income of at least Rs. 10,000
Employment Type
Salaried or self-employed.
Type of car
The loan amount varies depending upon the new or old car.
New Car Loan Eligibility Criteria
There are qualifications for obtaining a new car loan, and not everyone will qualify.
Work Experience
A minimum of one year’s experience in the field is required for the position to be salaried. The self-employed must be in business for five years and have a minimum two-year ITR.
Value of car
Depending on the ex-showroom price or on-road price of your new car and the sale value of your old one, your loan value eligibility differs.
Residence
A city, a town, or a rural area.
Stability of residence
A minimum of one year of residency is required at the current address.
Documents Required for car loan
Car KharidoBecho 24 doesn’t require piles of documents that are to be attached with your new car loan application. All you need to submit is:
Proof of identity
Card, PAN card, or driving license
Proof of income
Bank account statement of 6 months, salary slip of 3 months, and ITR of 2 years
Low car loan EMIs
Choosing a long repayment period may allow you to pay a lower EMI every month.
