Car Loan Salem

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

Bank Name Salem
Corporation Bank Vasantham Complex, Opp. New Bus Stand, Alagapuram, Omalur Main Rd, Salem, Tamil Nadu 636004
Bank of India Swarnapuri Branch, VSA Commercial Complex, No 10, Omalur Main Rd, Swarnapuri, Salem, Tamil Nadu 636004 
Corporation Bank Salem-Shevapet Branch, Divya Towers I Floor, 49-57, Fort Main Rd, Shevapet, Salem, Tamil Nadu 636001
Syndicate Bank Johnsonpet Branch, Jeevan Prakash Building, LIC of India Divisional Office, Opp. ATC Depot, Johnsonpet Rd, Johnsonpet, Salem, Tamil Nadu 636007 
Repco Bank Salem Branch, No. 343, Co-Optex Building, Periyar St, Swarnambigai Agraharam, Salem, Tamil Nadu 636001
Indian Overseas Bank Salem Main Branch, 16/17, Car St, Swarnambigai Agraharam, Salem, Tamil Nadu 636001 
Karur Vysya Bank Salem Gugai Branch, No.445, Trichy Main Rd, Gugai, Salem, Tamil Nadu 636006  
State Bank of Travancore Post Box No. 736, No. 9, Rajaji Rd, Peramanur, Salem, Tamil Nadu 636007 
Bank of India Salem Branch, No 624, Fort Main Rd, Shevapet, Salem, Tamil Nadu 636002 

 

Apply for Best Car Loan Salem

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 Salem

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

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

·         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