Car Loans in Chennai: Apply for attractive loan offers for your attractive car and drive home your dream car with Car Loans available in Chennai. Chennai is a metropolitan city with dense population, which is mainly attributable to the vast industrialization in and around the city. The city was awarded as the best city in the country as per the survey done by India Today in the year 2014. If you are a resident of this smart city, and are looking for a car loan, you can apply for car loan in Chennai with letzbank.
Car Loans in Chennai
How to apply for Car Loans in Chennai?
- If you are done with your market research and zeroed on the car your wish to buy and the dealer your wish to buy your car from, all you need to do is to avail a quote from the car loan dealer and logon to www.letzbank.com, and click on the car loan section.
- Choose from various banks offering car loan schemes.
- Choose the best car loan scheme by viewing the comparative statement of various car loan products
- Apply for car loan by filling in simple online application with accurate information about yourself.
- Submit your application and let the experts do the job of facilitating car loan for you in your city.
- Applying online will help you waive off Service Fee applicable on your car loan.
- What next! Just drive home your dream car with Letzbank- Apply Today!
Documents Required for Car Loans in Chennai
- ID proof
- Income proof
- 3 months bank statement
- Self – attested photograph along with duly filled application form
Eligibility for Car Loans in Chennai
- Age 21 years old or less than 75 for salaried individuals.
- Self- Employed professional with a minimum age of 18 years or less than 75 years.
- You should have an annual salaried income of Rs.2.4 Lakhs p.a. along with the co-applicant in case you are jointly applying (Note – The co-applicant can be your blood relation or your business partner)
- If you are a self-employed individual you must have a minimum income of Rs. 1.8 Lakhs net annual business income.
About Car Loans in Chennai
- Loan amount: You can avail Car Loan in Chennai ranging between Rs. 50,000/- to Rs. 2.5 Crores to drive home your dream car without any hassle.
- Loan tenure: The loan tenure to pay back your loan amount can be as long as 7 years.
- Rate of Interest: You can avail Car loan in Chennai at rate of interest 9.65% p.a.
- Some banks in Chennai offer Car loans at Zero Processing Fee, Nil- Part Payment Charges and Nil Fore-closure charges.
- Your car loan in Chennai can be availed without providing any guarantor for the car loan.
- You can buy a new car, used car, or a commercial vehicle depending on your choice and pocket.