Starts from 7.25% p.a. (BLLR + Strategic Premium + interest rates ranging from 0.25% to 3.25% depending on the applicant’s risk rating.)
– Calculation of interest rates is dependent on the credit score of the applicant and is done on the daily reducing balance.
– Salaried employees, corporates, Non-Resident Indians (NRIs), professionals, and businessman can apply for a car loan.
– Salaried employees, corporates, Non-Resident Indians (NRIs), professionals, and businessman can apply for a car loan.
Various factors such as the processing fee, loan tenure, rate of interest, and loan amount are considered when calculating the EMI.
The documents that must be submitted by salaried employees and self-employed individuals are different.