Documents Required
- Age between 18 years and 75 years
- Minimum net monthly income of Rs. 20,000
- At least 1 year of employment with the current employer
- Bank Statement of last Three month
Car Loan
Car Loan - With interest rates as low as 8.30% p.a. and repayment tenure of up to 8 years, you can find the most suitable vehicle loan for your needs at BankBazaar. You can take the loan for 90% to 100% of the on-road price of the car.
Documents Required For Car Loan
The car loan eligibility criteria can be different for different banks. The common criteria are as follows:
| Bank Name | Car Loan Interest Rates | Processing Fee |
| Allahabad Bank Car Loan | 8.30% p.a. onwards | 0.5% of the loan amount |
| Bank of Baroda Car Loan | 8.65% p.a. onwards | 0.50% of loan amount |
| Canara Bank Car Loan | 8.50% p.a. onwards | 0.25% of the loan amount, subject to a minimum of Rs.1,000 and a maximum of Rs.5,000 |
| Axis Bank Car Loan | 9.05% p.a. onwards | Minimum of Rs.3,500 and maximum of Rs.5,500 |
| Union Bank of India Car Loan | 8.60% p.a. onwards | 0.25% to 0.50% of the loan amount |
| Federal Bank Car Loan | 9.25% p.a. onwards | Minimum of Rs.1,500 and maximum of Rs.2,500 |
| SBI Car Loan | 8.65% p.a. onwards | Rs.1,000 onwards |
| ICICI Bank Car Loan | 9.10% p.a. onwards | Rs.3,500 onwards |
| HDFC Bank Car Loan | 9.50% p.a. onwards | 0.4% of the loan amount |
