Silent Car Loan Features
- Lowest Interest Rates & EMI;
- Longest Repayment Tenure (7 years);
- Financing on ‘On-Road price’:
- On-Road price includes Registration, Insurance and Extended Warranty/ Total Service Package/ Annual Maintenance Contract/ Cost of Accessories.
- Interest calculated on Daily Reducing Balance;
- For purchase of new passenger cars, Multi Utility Vehicles (MUVs) and SUVs.
- Financing Upto 100% of ‘On-road Price’
- No Advance EMI
Car Loan criteria
|Regular employees of Central Public Sector Enterprises (Maharatnas/ Navratnas/ Miniratnas). Defence Salary package (DSP), Para Military salary package (PMSP) & Indian Coastal Guard Package (IGSP) Customers and Short Commissioned Officers of various Defence establishments.||Net Annual Income of applicant and/or co-applicant if any, together should be a minimum of |
|50 times of the Net Monthly Income.|
|Professionals, Self-employed, Businessmen, proprietary/partnership firms and others who are income tax assesses||Net Profit or Gross Taxable income of Rs. 3, 00,000/- p.a.|
(income of co-applicant can be clubbed together).
|4 times Net Profit or Gross Taxable income as per ITR after adding back depreciation and repayment of all existing loans.|
Custom-fit Car Loan gives you...
Step-Up / Balloon EMI Options
Zero Foreclosure after 24 months of repayment
Top-up Loans after 9 months