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We organize Car Loans for both Used & New Cars from various Banks, NBFC and Private financiers.

We provide up to 90% finance on New Cars from there Invoice price.    jan05-mahindra-logo-india1

Up to 80% finance for used cars from their assessed value from Banks & 60% from the private financiers. 2-5 yrs tenure for finance.

For used cars the age of the car plays an important role, the total tenure should not be more than 8 years ·i.e. a 2007 model car can get 3 yrs loan, 2006 model· 2 years loan , 2009 car 5 yrs loan

Refinance:· we can organize finance on a car which is already in your name & free from any loan 

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Documents required for Finance

1) Latest 2 yrs IT Returns with computation of Income, P&L accounts, Balance sheets & schedules.

2) Form 16 (latest 2 years) / Appointment order,· Salary Slip 3 months.  Tata-logo

3) Bank Statements latest 6 months· ( salary credit )

4) Present Address proof (Driving Licence, Ration Card, Passport, Voters ID, Telephone Bill, Gas Bill)

5) Permanent Address proof (Property tax receipt, water tax receipt)

6) I D proof (DL, PP, Pan Card, Voters ID)  nissan_logo

7) Post dated cheques

8) MOA / Board resolution

Partnership deed / Letter of Authority

9) Previous Loan details (PL, Car Loan, Home Loan, Credit cards)   FIAT-logo

10) Photograph.

 


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