State Bank of Hyderabad Car Loan Eligibility

Hello sir I am Raman, will you please tell me what are the Eligibility criteria required to apply of State Bank of Hyderabad Car Loans??

[Shaleen]

State Bank of Hyderabad is an associate bank of State Bank of India (SBI), and is one of the scheduled banks in India.
The Bank's head office is situated at Gunfoundry Area, in Hyderabad, India
There are three categories for applying for Car Loan at this bank and they are:
Category 1(Salaried)
(a):For employees of Central and State Government, Public Sector Undertakings, Defence/Paramilitary Forces and Railway employees who are maintaining salary accounts with us and min. 3 months salary have regularly come in these accounts, drawing gross annual income of applicant and/or co-applicant if any, together should be Rs.300000/- p.a. and above

(b):For salaried customers other than above mentioned categories, gross annual income of the applicant and/or co-applicant if any, together should be Rs.300000/- p.a. and above.

Category 2:
Professionals, self-employed and others who are Income Tax assesses drawing Gross Annual Income of Rs.400000/-and above.

Category 3: Persons engaged in Agriculture and allied activities drawing Gross Annual Income of Rs.400000/- and above.
State Bank of Hyderabad Car Loan Interest Rates
Interest Rate (Floating): 9.95%
I- Base – 9.75%
Processing Fees: 0.25% of the Loan Amount subject to a minimum of Rs. 500/- & a maximum of Rs. 5000/-
Pre Closure Charges: Nil
Loan Tenure: 1 year to 7 years
Guarantor Requirement: No Guarantor Required