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Car Loans

 
 
Repayment Period : Maximum 5 Years
Margin                      : 25%
Eligibility                  : Employees of Govt./ Semi Govt., Reputed Companies /                                      Businessmen, Traders / Professionals & Self Employed                                      Persons / Farmers.
Other Norms           :
                          (A)  : For Employees of Govt./ Semi Govt., Reputed Companies.
                              1  : Applicant must be permanent employee.
                              2  : Should submit - salary certificate,undertaking letter of
                                     employer to deduct & send the monthly installment.
                              3  : I.T. return copy.
                              4  : Maximum take Loan salary should be 50% after deducting                                      loan installment
                           (B) : For Businessmen or Traders or Professionals & Self Employed.
                                    Income proof for last three years i.e.audited Balance sheet or                                      I.T. return.
                           (C) : For Farmers
                                    Income proof for last three years.
                           (D) : One acceptable guarantor.