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Pre Owned Car Loan - Eligibility & Documentation

Eligibility

For Self-Employed Individuals:

  • Resident Indians only
  • Aged between 21-70 years
  • Minimum 2 years of business continuity
  • Must earn minimum ₹1.5 lakh per annum
  • Tenure duration 12 months - 84 months

For Salaried Individuals:

  • Resident & Non-Resident Indians
  • Aged between 21-60 years
  • Minimum 1 years of experience
  • Must earn minimum ₹1.8 lakh per annum
  • Tenure duration 12 months – 84 months

Documentation

  • Valid Identity Proof (PAN Card/Aadhar Card/Passport/Voter ID)
  • Address Proof (Aadhar Card/Driving License/Passport etc.)
  • Income Proofs (Current Salary Slips/Latest Form 16/Current ITR)
  • Latest 3 to 6 months bank statements
  • RC Book and Insurance copy of the vehicle