HOW TO GET LOAN

1 Find sutaible Loan.
2 Review your query.
3 Send Query

If you still have problems, please let us know, by sending an email to [info@loanguru.in] . Thank you!

Office HOURS

Mon-Fri 9:00AM - 6:00AM
Sat - 9:00AM-5:00PM
Sundays by appointment only!

Nowadays there is a famous saying that. “Money can’t buy you happiness, but still it is better to cry in Jaguar rather than on a bus” Besides that now owning a car has become a necessity in this fast pace moving life.You can't imagine living without a car since that would confine you from going places for work, commitments or recreation, ruining a decent social and professional life. Yet, with more current advancements and lesser resources, the cost of cars is on its peak, frequently making it very troublesome for the normal individual to buy their car with the help of their savings only.So, let us assist you in getting your dream car with our Loan Guru’s car loan facility.

WHAT IS A CAR LOAN?

It is a facility for those people who are interested in buying new cars but do not have sufficient money to pay for it. One can buy a car for commercial purposes (buying a taxi or cab) as well as for personal purposes (gifting it to some relative, buying it for yourself or for your child etc.). A car loan comes with various benefits like low insurance and registrations charges, no collateral requirement, easy EMIs, etc.

SALIENT FEATURES

Car Loan has generally following features: -

  • ALTERNATIVE TO GET BETTER : Car loan is a facility which enables the people to buy the car which is better than the car which is available in their budget.
  • FIXED RATE OF INTEREST : In car loan, there is a fixed rate of interest that has to be paid in monthly EMIs. Currently, the interest rate on the car loan is ranging from 8.5-12.5%.
  • FLEXIBLE TENURE : With Loan Guru, you can avail very flexible tenure payments period ranging from 3-5 years, in which you can easily repay the loan amount through monthly EMIs.
  • HASSLE FREE APPROVAL : Generally, car loans are easier and quicker to approve compared to other forms of secured loans. You can easily avail your loan amount within 72 hours of application submission.
  • NO COLLATERAL REQUIRED : Unlike other forms of secured loan, you do not have to give any assets as a security against loan amount. In car loan, your car itself acts as collateral or security to the bank.
  • MAXIMUM LOAN AMOUNT : At Loan Guru, one can borrow the amount up to Rs 1.5 crores, which mostly comprise the 100% of the road price of the car.

CAR LOAN ELIGIBILITY CRITERIA

Almost any Indian citizen can apply for the car loan. However, the basic eligibility for the car loan is judged by age, financial status and other geographical factors of the loan applicant.

The common requirements for the car loan are:

  • The applicant must be self-employed, salaried employed or business owner.
  • The applicant must be of Indian nationality residing in or out of India.
  • The applicant must be 25-60 years of age.
  • The loan borrower must have minimum repayment capacity or salary to repay the loan.
  • He/She must be in the current job for at least 1 year or been self-employed in the same business for at least 2 years.

DOCUMENTS REQUIRED FOR THE CAR LOAN

There are several documents that are required to verify the identity, creditworthiness, address etc. of loan borrowers, which are:

  • Duly signed loan application form with 4-6 passport sized photos.
  • ID- proof which can be a voter-id card, pan card, Driving License, Adhar card etc.
  • Address proof which basically includes a voter-id card, ration card, passport, telephone bill, electricity bill etc.

Income Proof documents

  • Recent 6 months salary slips.
  • IT returns of last 2-3 years.
  • Form 16, for salaried person.
  • 6 months bank statement.
  • PAN & Aadhaar card required.

WHY CHOOSE LOAN GURU?

Because we provide you the most substantial terms and conditions for car loans which are:

  • Quick loan disbursal.
  • One of the most trusted brand in India- Loan Guru.
  • Guaranteed car loan with even faster approval.
  • Absolute transparency in the loan process and procedures- No hidden charges.
  • Cheapest auto loan rates.
  • Minimal Paperwork.
  • Already tied-up with reputed car dealers in almost every Delhi.
  • Best repayment options in the industry with customizable EMIs options.

Terms & Conditions

  • All the data contained above is for the responsiveness and client convenience only. It is envisioned to act only as a demonstrative guide about Loan Guru's product and services. For detailed info kindly contact at +91 9911175539 or please visit our branch.

What Loan You Required

We never spam!

×

For Instant Call    Query Now

TOP