SUB PARIVAR

Sub Parivar

SUB PARIVAR PVT LIMITED

WE GROW TOGETHER

Email

Info@subparivar.com

car loan

Rate of Interest for Car Loan

 

Car Loan Details
Interest Rate (Monthly reducing balance)
8.60% onwards
Processing Fees
Varies with bank
Loan Tenure
1 years to 7 years
Pr-closure Charges
Varies with bank
Guarantor Requirement
Varies with bank

Things to be done while applying for it – Car Loan

Steps
Requirement
Inference
Submit Income Proof
Bank Statement (last 6 months)
Pay-Slips (last 3 months)
IT- Returns (last 2 years)
Lender wants to establish your ability to repay the borrowed amount.
Submit Proof of Address and Identity
PAN Card, Voter’s ID, Aadhaar Card, Passport, etc.
Lender wants to establish your nationality, identity and permanent address.
Credit History
PAN Card
Lender wants to check your past credit records and establish if you can be trusted to make regular repayments.
Information About Vehicle
Sales Receipts from the Showroom from wherein the Vehicle was Purchased.
Lender must confirm that the deal was affected as intended.
Proof of Insurance and Driving License
Copies of the Vehicle’s Motor Insurance and your Driving License.
Lender must establish that all laws and protocols are followed with regards to the purchased vehicle.

Why From Us

Enquiry Form Sub Parivar