Pre-owned Car Loan

• Minimum 21 years of age
• Maximum 70 years of age at maturity (conditions apply)
• Minimum Net Annual Salary of Rs. 2,40,000 p.a. for all approved car models
• Income eligibility based on latest salary slip and Form 16
• Minimum of 1 year continuous employment

• Minimum 18 years of age
• Maximum 75 years of age at loan maturity
• Minimum Net Annual Business income of Rs. 1,80,000 p.a. for selected models and Rs. 2,00,000 p.a. for others.
• Income eligibility based on latest Income Tax Returns
• Minimum 3 years of employment in the same line of business

• Minimum Net Annual Business income or Rs. 1,80,000 p.a. for selected models and Rs. 2,00,000 p.a. for others
• Income eligibility based on latest 2 years. Income Tax Returns and audited financials of 2 years along with computation of income
• Minimum 3 years of employment in the same line of business

• Age proof
• ID proof
• Application form.
• Photograph
• Residence proof
• Income proof
• Bank statement
• Signature verification proof
• Car Valuation report
• RC copy in case of refinance
• Adhar copy
• Insurance copy

• Loan Agreement duly signed along with RTO set
• Standing Instructions (SI) Request/ECS Form/Post Date Cheques (PDCs) – Security Cheques are required for SI and ECS

All of the above is subject to terms and conditions