Any finance availed for buying a brand new or a used car is defined as Car Loan. Car loan helps you to overcome the budget constraints and helps you to purchase your dream car. We, provide Quick and Easy Loans for new and used car.
Is your dream car still a dream?
We will help to realize your dream. With some of the world's finest cars now available in India don't let the price tags discourage you. Power we will bridge that distance by financing a major part of the cost of your new car. So, you don't have to put the brakes on your ambition.
- Loan value calculated as per the ex-showroom price of the vehicle
- Attractive interest rates
- LTV of up to 90% of the ex-showroom price on selected models
- Loans available for salaried and self employed individuals, proprietorships and partnership firms and Companies
- Loans tenure from 1 year to 7 years
Commercial Vehicle Loans
To help you with your dream of owning Commercial Vehicle we provide several customized financial options. Now purchase your own through a quick and simple loan process. We also extend financial assistance for buying second hand commercial vehicles.
Commercial Vehicles - Loans for commercial vehicles (This includes Buses, Trucks, Tempos, Tippers), LCVs (Light Commercial Vehicles, HCVs (Heavy Commercial Vehicles), MCVs (Medium Commercial Vehicles).
Document required for a Car Loan
The documentation process in car loan is very fast . Following documents are required by financial institutions to process the loan application:
- Identity proof
- 3 to 6 months Bank statements
- Residence proof
- Salary slip
- Guarantors & their same set of documents
In case of self-employed banks require balance sheets, profit & loss account, partnership deed & other mandatory documents etc.