Car Loan Erode

Here’s the List of Best Banks for Car loans in Erode:

Bank Name Erode
UCO Bank Mettur Rd, Erode, Tamil Nadu 638001
Indian Overseas Bank thillai nagar, Erode, Tamil Nadu
ICICI Bank 5/1, Neela Complex Paarinagar Corner, Erode-638011, State Highway 96, Palayapalayam, Erode, Tamil Nadu 638011
Axis Bank Ltd RS No. 418/2, Near Sudha Nursing Home, Perundurai Road, Veerappan Chathiram Panchayat, Erode, Tamil Nadu 638011  1800 209 5577
Syndicate Bank Mettur Rd, Erode, Tamil Nadu 638009
Axis Bank Perundurai Rd, Erode, Tamil Nadu 638009
Repco Bank 1155, Mettur Rd, Erode, Tamil Nadu 638009
Karur Vysya Bank Erode, Tamil Nadu 638001
Canara Bank Karungalpalayam, Erode, Tamil Nadu 638003
Axis Bank Perundurai Rd, Erode, Tamil Nadu 638009
Tamilnad Mercantile Bank Ltd ATM 240, Gopi - Erode Main Road, Othakuthirai, Tamil Nadu 638455
SBI COLLECTORATE BUILDING, Perundurai Rd, Erode, Tamil Nadu 638011
Indian Overseas Bank Moolapalayam, Erode, Tamil Nadu
Tamilnad Mercantile Bank Ltd Post Box No 19, 27 1 oldno south car street, Erode, Tamil Nadu 627211  1800 425 0426
ICICI Bank Gandhiji Rd, Erode, Tamil Nadu 638001

Benefits :

Firstly, it enables you to buy a better car than you could otherwise afford. Trying to save money by buying an older model can result in more costly repairs being needed, which all amounts to a false economy in the long run. Taking out a car loan also means you can spread the cost over a longer period of time, which in turn makes your car much easier to pay for - and you will always know where you stand with your monthly payments. You'll also know exactly how long you'll be paying the loan for until it's completed.

Apply for Best Car Loan Erode

Professional Details
Loan Amount:
Occupation:
City:
Annual Income:
Banks/Rates HDFC Bank Kotak Axis Bank State Bank of India (SBI)
New Car Loan
9.45% - 12.50% 11.50% - 13.50% 9.40% - 12.00% 9.45%( for WOMEN) 9.50%( for Others)
Processing Fee Up to 2.5 Lakhs: Rs. 3220/-, (Above 2.5 Lac, Rs.4390/- to Rs.5870/-) Rs.3300/- to Rs.4750/- Rs.3500/- to Rs.5500/- Nil

How Much Salary or Income Required Getting Car loans in Erode

Minimum 15000 per month income required for getting loans from bank to purchase a dream car in Erode.

Documents you will need to submit for Apply Car loan in Erode:

·         Proof of Identity: Passport copy, PAN Card, Voters Id card, driving licence( Laminated, Recent, Legible)

·         Income Proof: Latest salary slip with form 16 / Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of Rs. 4,50,000 per annum / Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company / Latest ITR

·         Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.

·         Bank Statement: Last 6 months