List of Major Branches of Banks which offers Car Loans in Pune:
Pune or Poona is the seventh largest metropolis in India and the second largest in the state of Maharashtra. It was known as Punyanagari in old time. Population (2014) - 5,049,968 As one of the largest cities in India, and as a result of its many colleges and universities, Pune is emerging as a prominent location for IT and manufacturing companies to expand. Pune has the seventh largest metropolitan economy and the sixth highest per capita income in the country. All sectors of the automotive industry are represented, from two-wheelers and autorickshaws to cars, tractors, tempos, excavators and trucks. Automotive companies like Tata Motors, Mahindra & Mahindra, Mercedes Benz, Force Motors (Firodia-Group), Kinetic Motors have set ups in Pune.
|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 Pune
Minimum 15000 per month income required for getting loans from bank to purchase a dream car in Pune.
Documents you will need to submit for Apply Car loan in Pune:
· 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