IDBI Bank Car Loan – Best Interest rates for Cars loans. Check Documents, EMI and Eligibility for IDBI Car Loan. Offers loans at 9.90%, the lowest in the market, and waives off the Rs 1,000 processing charge.
IDBI Bank Car Loan Details
|Interest Rates||9.90% – 9.95%|
|Repayment||Upto 7 Years|
|Min. Income||15000 p.m|
|Part Payment Charges||1% before 6 months|
|Processing Fees||Nil to 1000/-|
Interest Rates of IDBI Car Loan 2016:
Primary Auto Loan for All Loan Amounts = 9.95%
Combo Auto Loan for All Loan Amounts = 9.90%
(Available only if sanction tenor is > 3 years)
Features of IDBI Car Loan
- maximum loan amount
- Covers wide range of vehicles and high end bikes
- Repayment with easy EMIs and avail the loan for upto 7 years
Eligibility of IDBI Car Loan: –
Min age of the applicant should be 18 years for salaried & Self employed
Min. Annual Income of Rs. 1,80,000/- required for salaried & Self employed
Income proof: Salary Slip, Form 16/ ITR, Bank statement showing salary credit for salaried & Last 2 years with computation of income / certified financials, Balance Sheet, P & L A/c, Bank statement for self employed.
Age Proof, Identity proof, Address Proof, Income proof & Bank statements.
Other Available Products of IDBI: