Car loan in Kolkata

Want to buy a new car but don’t have funds for it? A car loan will help you to realise your dream in your city Kolkata which is full of joy. Car Loan helps you to overcome your budget constraints. To give your family the your best you can purchase any segment of car as per your wish and requirement.

Letzbank offer best deals across the country. We have tie ups with leading banks and financial institutes providing car loans. Our smart and friendly website enables you to compare the best offers in the market and make the favourable choice. We have tie ups with all the leading lenders all over the country. You can compare and select the best and valuable deal as per your accordance on our portal.

Car loans in Kolkata allows you to purchase the following:

• New Car

• Used Car

• Taxi permit car

• Refinance on your car

Check Your Eligibility

Some characteristic in Kolkata city for car loans which tempt the customer are as follows

• Hassle free and quick loan processing

• Flexible contract terms

• Up to 100%finance on the ex- showroom price

• Flexible tenure up to 7 years

• Rate of interest – 10.25% to 12% p.a

• Easy and Lesser documentation

• Competitive and Lower interest rates

• Low EMI’s

• Low processing fees

• Less prepayment charges

• No advance EMI

• Every individual with a permanent income can apply for a car loan

• Tie ups with all the showroom across the country

Eligibility Factors for car loans are as follows

Salaried Individuals

• Minimum age : 21 years

• Maximum age at the end of loan : 70 years (Conditions apply)

• Income: Minimum Net Salary of Rs. 2.4 Lac p.a.

• Income eligibility: As per latest salary slip and Form 16

• Employment: Minimum 1 year

Self-employed Individuals

• Minimum age : 18 years

• Maximum age at loan maturity : 75 years

• Income: Minimum Net Business income of Rs. 2.0 Lac p.a.

• Income eligibility - As per latest ITR

• Employment: Minimum 3 yrs in the same business

Self-employed Non Individuals

• Income should be 2.0 lacs minimum per annum.

• Latest ITR ‘s

• Employment: Minimum 3 yrs in same line of business

Documentation needed

Documents required for Salaried Category

• KYC Docs

• Proof of Residence:-Any of your Utility Bill (not more than 3 months old) / Passport (any one).

• Last 3 months Bank Statement (where your salary income is credited).

• Salary slips - last 3 months.(Originals)

• 2 Passport Size photographs.

Documents required for Self employed Category

• KYC Documents- Identity proof , residence proof, DOB proof.

• Proof of Residence- Leave and License or Utility Bill (not more than 3 months old) / Passport (any one).

• Income Tax returns and audited financials for the last two years.

• Bank statement for latest 6 months

• Office address proof

• Residence or office ownership.(Electric Bill) Compulsory

• Proof of continuity of business.

• 2 Passport Size photographs