Fast Car Loan – Pre-Owned
Sometimes it’s a tough call, but the joy of ownership and the smile on the faces of your family makes that decision all worth it. Start off with a fabulous pre-owned car today. Shriram Bank offers amazing fast car loans for Pre-Owned / Used Cars in Nagpur.
Purchase of Second Hand Car.Age of the Car not above 2 Years
Net Take home pay not less than Rs.10000 per month.
Min. RS. 1 lakh and Max Limit 5 lakhs or 60% of Valuation.
Maximum 5 years.
14% per annum.
1% of Loan amount+ GST.
1% of Loan amount Min. of RS. 5000/-
– Hypothecation of car
– Two guarantors
1. Duly filled prescribed application form
2. Photo Identity & Residence Proof of the Applicant & Guarantor
3. Income proof a) or b) as applicable
a)Salaried person : salary slips for last 3 months, ITR/Form 16 for last 2 years
b) Businessman/Professional/self employed: last three years profit & loss account and balance sheet, & ITR and Bank statement for last 6 months.
4. Vehicle Valuation report from Bank’s approved Valuer
*Conditions Apply
1)Total life 7 years 2)For balance period we will finance.
