Car Loan Eligibility Criteria: The eligibility criteria for Car loans usually vary from lender to lender and from case to case.
Age: 21 years to 60 years
NET MONTHLY INCOME : 20000/- FOR SALARIED, 3 LAKH PER YEAR FOR SELF EMPLOYED, MINIMUM HAVING 2 ACRES KHATONI
Must have maintained average bank balance
Maintained a good credit score
Clear repayment history
Must be a Resident Citizen of India
Documents required to apply for Car Loan :
KYC – PAN Card, Aadhaar Card
Income Proof – Last 3 months salary slip for salaried, Last 2-3 years ITR with computation for self employed, khatoni for kissan, one year banking for non-income proof
