Hdfc Car Loan- Check Eligibility & Instant Approval Procedure

Hdfc Car  Loan:-  As we all know that car loan is type of a personal loan that allow the customer or buyer to paid monthly payment rather paying full price at once. HDFC  Bank also provide car loan facilities to its customers processing of having car loan from HDFC bank is a fast and hassle-free process. HDFC bank offer a car loan in lowest down payment, best deal for customers and lower EMI. 

Features Or Benefits Of Hdfc Car Loan:-HDFC bank provide up to100% finance on Fixed interest rates. There is No income Document scheme and flexible tenure of up to 7 years. Attractive car loan scheme and wide range of car loan accordingly customers needs or eligibility. HDFC bank offer highly competitive interest charge and loan procedure is completely transparent and with no hidden charges.  HDFC also provides status update for customers loan application. Some other features or benefits are given below that are:-

  • up to 100% finance.
  • Get avail loan for the widest range of car and other multi-utility vehicles in India.
  • Flexible loan repayment from 12 months up to 84 months.
  • Check car loan eligibility in 1 minute and approval with in 30 minutes.
  • Pocket friendly EMI repayment.
  • Rational interest rate.
  • Easy customer-friendly documentation procedure.
  • Specific or extra ordinary scheme for customers having HDFC bank account.
  • Easy loans up to Rs. 1.5 Cr.

Check Eligibility & Instant Approval Procedure:- Details of eligibility norms and  needed documents while having a HDFC car loans is very important for any customer to know about criteria of eligibility. Different criteria or norms for different employed category so check your eligibility and category depending on the kind of loan or customer requirements.

If You Are A Salaried Employee

In this category HDFC bank includes salaried doctors, CAs, employees of select public and private limited companies,  employees of govertment sector such as public sector undertakings and central, state and other local bodies.

  • At the time of loan application minimum age of salaried employe is 21 years and the end of loan tenure <=60 year.
  • At least 2 year job holder or minimum of 1 year with current employer.
  • Annually income at least Rs. 1,80,000 including the income of your partner or Co-applicant.
  • Having a telephone or post paid mobile.

Documents need to submit for customers to take car loan:

  • Identity proof: Passport copy, PAN Card, driving licence or Voter Id card.
  • Income proof :-latest salary slip.
  • Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.
  • Bank Statement: Last 6 months bank statement.

If Loan seeker is a self-employed Individual:- In this category HDFC bank includes self-employed sole proprietors in the business of manufacturing, services or trading.

  • At the time of loan application self-employed minimum age at least 21 year <=65 is at the end of the loan tenure.
  • Loan seeker must be in self-employed business at least 2 year.
  • And the annual income at least Rs. 60,000 or if you are looking for excellence or standard car your salary must have to near Rs. 1,00,000 per annual for premium cars.
  • Having telephone or post paid mobile connection at residence.

Necessary documents need to submit are:-

  • Identity proof:-Passport, PAN card, Voter ID or other.
  • Income proof:- Latest ITR (income Tax Return)
  • Address Proof:-Telephone bill, Electric Bill, Ration card, PAN card, Life insurance policy(LIC)
  • Bank Statement:- Last 6 months

If You Are Self Employed (Partnership Firms)

In this category partnership self employed are included self employed partners in the business of manufacturing, trading or services.

  • Self employed partners have earn at least Rs. 60,000 per annual or if your are looking for the excellence car you annually income must be Rs. 1,500,000 lakh for car loan.
  • Minimum turnover of company is at least Rs. 4,50,000 per annum.
  • Having landline or telephone connection at office or residence

Document you have to submit for car loan:

  • Identity Proof: NA
  • Income Proof: Latest 2 year IT return of the company, Audited balance sheet, loss & profit Account of at least two years.
  • Address proof:- Electricity Bill, telephone bill, Establishment Act certificate/SSI registered certificate/sale tax certificate
  • Bank statement:- Last 6 month bank statement.

If Your Are Self Employed(Private Limited Companies)

In this category HDFC bank include those who have own a private limited compamy in the business  manufacturing, trading or services.

  • For car loan from HDFC bank you earn at least Rs. 60.000 annually or if you are vlooking fopr the standard mid size car your annually income at least Rs. 1,50,000.
  • Minimum turnover of Rs.4,50,000 annually.
  • Landline or telephone connection at office.

Necessary Documents for having car loan:

  • Identity Proof: NA
  • Income Proof: Latest 2 year IT return of the company, Audited balance sheet, loss & profit Account of at least two years.
  • Address proof:- Electricity Bill, telephone bill, Establishment Act certificate/SSI registered certificate/sale tax certificate
  • Bank statement:- Last 6 month bank statement.

Are You Self Employed In Public Limited Companies

In this category HDFC included those who have own (director) in public limited company n the business of manufacturing, trading or services.

  • Earn at least Rs. 60,000 annually for car loan or if you are looking for a standard car your annually income must be Rs. 1,50,000 annually.
  • Minimum turnover of companies is at least Rs. 4,50,000
  • Having landlines or telephone connection at office.

Necessary document you need to submit for having a car loan:

  • Identity Proof: NA
  • Income Proof: Latest 2 year IT return of the company, Audited balance sheet, loss & profit Account of at least two years.
  • Address proof:- Electricity Bill, telephone bill, Establishment Act certificate/SSI registered certificate/sale tax certificate
  • Bank statement:- Last 6 month bank statement.

Procedure of car loan eligibility and instant approval   through online:- check your car loan eligibility and get approval by submitting all required document in 30 minutes.view exact cost of EMI for car loan discounted interest rate through online. Duly fill the application form for your can loan eligibility.

  • We the official site of HDFC bank “car loan”
  • Fill your resident type, DOB, Type of employe, total work experience, Mobile, Name and other details then click on calculate my eligibility.
  • Then decide to apply page will open. Select model no and click on Apply now.
  • In third step of complete your application fill the details correctly and submit it.
  • Your privacy is secured by HDFC bank.

NOTE:- This web page is completely dedicated to the HDFC car loan. For any other related news of HDFC car loan and its eligibility stay connect with this web page.

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