Wednesday, April 29, 2015

Car Loan


We Are associate with Axis Bank , ICICI Bank , HDFC Bank and Tata
Capital Finance……
-> If Customer Having New Car Loan ( Original Car Loan) from
HDFC Bank Or ICICI Bank then
Approx Loan Amount = Installment X No Of Paid Installment X 1.4
In that case Always take car registration number / Loan Account no
Rate OF Interest 16% Reducing For 36 to 48 Months
Processing Fees = 4500 Or 2% Of Loan Amount Which ever is lower

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-> Other Bank car loan Or Free Car Or Used Car purchase loan
2007 old car model not allowed
Loan Amount 80—90 % Valuation
Refinace + Balance Transfer —> 14.5% + PF
Used Car Purchase Loan —> 15.5% + PF
This Loan is basically Hypothecation of Car loan…. In that existing
loan of car should be closed
Total Timing for this process is 4-5 days after completion of docu-