Car Loan By HDFC Bank

Hii sir , I Wants to get the Information About the Car loan of the HDFC Bank Will you Please provide It ?

[pawan]

HDFC Bank offers car loans to help fund your dream vehicle, from a no-frills compact car to a top-end luxury sedan.

Features :

Flexible Repayment Tenure
Choose a loan tenure to your liking: just 12 months, or 84 months, with our pocket-friendly EMI repayment options.

Fulfil Your Every Need
Get up to 100% finance** on a wide range of cars and multi-utility vehicles.

Competitive Rates
Get an easy loan up to Rs. 3 Crores with ease, and enjoy our competitive rates of interest, with no hidden charges.

Quick Eligibility Check & Disbursal
Check your New Car Loan eligibility online or at select branches in just 60 seconds. Our documentation process is transparent, quick and easy, and loans can be approved in just 30 minutes!

Loan processing and disbursement will take atleast 7 working days post submission of all requisite documents and information as may be required by Bank as per Bank's criteria.

Special Benefits for HDFC Bank Customers
Existing HDFC Bank customers can enjoy added benefits with unique schemes just for them.

Eligibility Criteria

Salaried Individuals:
This includes employees of private limited companies, employees from public sector undertakings, including central, state and local bodies Individuals who are a minimum of 21 years of age at the time of applying for the loan, and no older than 60 at the end of the loan tenure

Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer

Those who earn a minimum of Rs. 2,50,000 per year, including the income of the spouse/co-applicant Individuals who have a telephone/post-paid mobile


Self Employed Individuals and Professionals (Sole Proprietorship):

This includes self-employed sole proprietors in the business of manufacturing, trading or services Individuals who are a minimum of 21 years of age at the time of applying for the loan, and no older than 65 at the end of the loan tenure

Those who have been in business for a minimum of 2 yearsShould earn at least Rs. 2,50,000 per annum

Charges

Late Payment Penalty 2% per month
Processing fees* (Non - refundable) 0.4% of Loan Amount or Rs.10000, whichever is lower
Cheque/ ECS swapping charges Rs 500/- Instance

For more Information you may Visit the Nearest branch of the HDFC Bank