Facilitating credit and economic growth with our cutting-edge technology, trust and leadership. 

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+91 99995 03333 | 9810510695

72, J Block Mkt, DDA LSC. Vikaspuri,N.Delhi-110018

You can avail a car loan not only for buying a brand-new car but also for buying the used ones. Although, the used car is cheaper, so the car loan amount required is lower, and so does the car loan EMIs. But a used car requires higher upkeep cost and there may be additional re-registration costs associated with it, neither of which will be covered by the car loan.
So, most of the car purchasers approach a bank for new car options as it is the one preferred over the used car loan options. Another factor that adds up in favor of the new car loan is that the approval is much swifter as compared to the used car loan.

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DOCUMENTS REQUIRED

-2photographs
-Identity Proof
-Address Proof
-Bank Statements
-Signature Verification
-Business Stability proof / Ownership proof
-Employment Stability Proof
-Partnership deed and Letter signed by all partners authorizing one partner
-Companies and Societies: Resolution by Board of Directors (or such managing body) and Memorandum and Articles of Association

 

 

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72, 2nd Floor, DDA Local Shopping Center, Manohar Nagar, Vikaspuri, Delhi, 110018

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91 99995 03333

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