Car Loans in Bangalore

Car Loans in Bangalore: Car loan Schemes and Offers come in an extensive and exquisite variety in your beautiful city – Bangalore. From family cars to sports car loan schemes can be utilized for purchase of your brand new cars, used cars, taxis, or even re-visiting your existing car loan charges.

• You can purchase your favorite car by obtaining car loans upto 100% ex-showroom price of the car in Bangalore and loan amount upto Rs. 12 Crores.

• Car Loans in Bangalore can be availed with rate of interests ranging between 10.25% to 12% p.a. However, rate of interests for purchase of a used car is slightly on the higher side compared to purchase of a brand new car. The rate of interest for purchase of a used car ranges between 14.25% to 17.75% p.a. depending on the condition of your used car.

• If you have been paying overrated ROI and EMI, you can revisit your car loan rates to ensure that your EMI and ROI suits your pocket and falls in your budget.

• You can avail a car loan in your city for loan tenure as long as 7 years to buy a brand new car and 5 years for purchase of a used car

Check Your Eligibility

Eligibility to apply for Car Loans in Bangalore

• For obtaining car loans in Bangalore you should be an Indian resident with minimum 21 years of age at the time of submission of your car loan application and 65 years of age by the end of your loan tenure.
• Salaried individuals with a minimum annual income of Rs 2.5 Lakhs for all assets can apply for Car loans in Bangalore.
• Self-employed individuals and non-individuals can avail car loans in Bangalore with a minimum income of Rs 2 Lakhs p.a.
• You can also apply along with a co-applicant who should necessarily be a blood relation or a partner

Documents required for submitting your application

• Application Form
• KYC Documents – Photographs, identity proof, address proof, age proof
• 6 Months bank Statement – Signature Verification
• Income Proof- IT return Certificate, Salary Slip, CA audit report, Form 16, etc.
Let us bank with - Submit your applications the drive home our dream car with Car Loans in Bangalore:
• Choose to apply for car loans in Bangalore at Letzbank to get waiver on service charges over your online applications.
• Letzbank facilitates Comparative and Competitive Car Loan offers through a single window.
• An expert assistance of our tools and services are aimed at providing you an overview of your loan term along with long term planning of your EMI and ROI that would suit your pocket.
• Pick a car loan offering you lowest rate of interest, NIL foreclosure charges, and maximum loan amount.
• With online application you not only get benefited by comparing various offers from partner banks but also obtain a waiver on the service charge for submission of your applications online.
Driving home your dream car is easier with us, so let’s bank with Letzbank