IndusInd Bank Car Loan IndusInd Bank Car Loan: In this article, we will provide you information about IndusInd Bank car loan. If your dream is to buy a car and you are short of money, then you can join with IndusInd Bank’s car loan.
in present time IndusInd Bank Car Loan Interest Rate 8.00% p.a. starts from Under this loan you can purchase a car up to 100% of the cost Can get loan. this loan you 60 months can be obtained for a period of Just as we take a bike loan to buy a bike, similarly we take a car loan to buy a car.
IndusInd Bank Car Loan in Hindi
IndusInd Bank Car Loan comes under the category of secured loans. You can take an IndusInd Bank loan to buy any type of car, new, used or luxury. You can apply for this loan both online and offline.
If your CIBIL score is very good and you fulfill all the conditions of the bank, then you can take advantage of the bank’s attractive Car loan interest rate. Loan benefits with doorstep service.
You can easily calculate your loan EMI with the help of IndusInd Bank Car loan EMI Calculator by visiting the official website of the bank.
HIGHLIGHTS:
| loan name | IndusInd Bank Car Loan 2022 |
| lender | IndusInd Bank |
| loan amount | Up to 100% of the cost of the car |
| Rate of interest | Starting from 8% p.a. |
| loan tenure | up to 60 months |
| processing charge | Up to 2% of the loan amount |
| preclosure charges | 2% – 5% of the outstanding principal |
| official website | www.industries.com |
IndusInd Bank Car Loan Interest Rate 2022
IndusInd Bank Car Loan Interest Rate 8% p.a. starts from. The bank offers loans for both new and used cars and the loan interest rate may vary for both. If you have a good credit score and are an existing customer of the bank, you can avail the loan at a lower interest rate.
IndusInd Bank Car Loan Benefits and Features
- Anyone can take an IndusInd Car loan to buy a new or used car.
- You can avail loan up to 100% of the full cost of the car.
- In all cases the loan tenure can be extended up to 7 years.
- The processing fee for car loans is up to 2% of the loan amount.
- For more information about car loan fees and charges, you can visit the official website of the bank.
- Minimal Documentation.
- Faster Processing.
IndusInd Bank Car Loan Types
IndusInd Bank offers mainly two types of Car Loans which are as follows:
- New Car loan
- Used Car Loan
New Car loan
- You can take advantage of this New Car loan to buy a new car.
- Get 100% loan of the cost of the car.
- Benefits of doorstep service.
- Loan benefits with minimal documentation and faster processing.
- The loan tenure is from 1 to 5 years. In some cases it can be extended up to 7 years.
Used Car Loan
- When we take a car loan to buy an old car, it is a Used Car Loan or Pre-Owned Car Loan.
- You can avail loan up to 100% of the used car.
- Avail loan benefits with doorstep service.
- The loan tenure of Used Car Loan is from 1 to 4 years. In some cases it can be extended up to 5 years.
IndusInd Bank Car Loan Eligibility
Only those individuals who are eligible can apply for IndusInd Bank loan. The eligibility for new car loan and old car loan is different. You can see the eligibility below:
IndusInd New Car Loan Eligibility
Eligibility for Salaried Individual:
- The minimum age of the applicant should be 23 years.
- Maximum age should be 60 years.
- The annual income of the customer should be at least Rs.2.5 lakh.
- Must have 1 year in current employment and minimum 3 years of employment stability.
- Have been living at the present residence for 1 year and have been living in that city for at least 2 years. Stability is not required in the case of your home.
Eligibility for Self Employed Person:
- The minimum age of the applicant should be 23 years.
- Maximum age should be 65 years.
- The annual income of the applicant should be at least Rs.3 lakh.
- Minimum 3 years of professional stability.
- Have been living at the present residence for 1 year and have been living in that city for at least 2 years. Stability is not required in the case of your home.
Self Employed Individuals – Business Use – Eligibility for FTU:
- At least 3 years valid driving license with badge
- The age of the applicant should be between 25 to 60 years.
- Compulsory guarantor with minimum 12 months commercial experience with license with valid repayment track / RC copy / badge.
- Own house / Own house guarantor.
- Have been living at the present residence for 1 year and have been living in that city for at least 2 years. Stability is not required in the case of your home.
Used Car Loan Eligibility
Eligibility for Salaried Individual:
- Your minimum age should be 23 years.
- Maximum Age: The age of superannuation is Rs.
- The minimum annual income of the applicant should be Rs.2.5.
- Minimum 1 year stability in the present employment.
- Have been living at the present residence for 1 year and have been living in that city for at least 2 years. Stability is not required in the case of your home.
Eligibility for Self Employed Person:
- Your minimum age should be 25 years.
- Maximum Age: The age of superannuation is Rs.
- The minimum annual income of the applicant should be Rs.2.5.
- Minimum 1 year stability in the present employment.
IndusInd Bank Car loan documents required
The documents can be different for new car loan and old car loan which are as follows:
Documents for New Car Loan:
Documents for Salaried Individuals:
- Latest – Form 16/Income Tax Return
- Last 3 months salary slip
- Bank statement – 3 months
Documents for Self Employed Person:
- Latest 2 Years Income Tax Returns with IT Computation
- 3 months bank statement
- Business Incorporation Certificate / Business Proof
Documents for Used Car Loan:
Documents for Salaried Individual:
- Property Documents:
- RC copy with original attested seal
- Valuation Report and Vehicle Inspection Report
- copy of insurance policy
- Income Proof:
- form 17
- Last 3 months salary slip
- latest income tax return
- bank details
- No Income Proof:
- 6 months bank statement
- Business Incorporation Certificate / Business Continuity Certificate for the last 3 years
- Ownership Residence Stability Proof
Documents for Self Employed Person:
- Property Documents:
- RC copy with original attested seal
- Valuation Report and Vehicle Inspection Report
- copy of insurance policy
- Income Proof:
- latest income tax return
- Balance Sheet for the last financial year
- 3 months bank statement
- business incorporation certificate
How to apply for IndusInd Bank Car Loan?
If you fulfill all the conditions of this IndusInd Bank loan, then you can apply for it both online and offline. Follow the steps given below to apply:
IndusInd Bank Car Loan Apply Online
- After coming to the home page of the website, in the option of Products > Loans Vehicle Loan Click on the option.
- After clicking, the option of car loan will appear in front of you, click on it.
- All the information related to the car loan will come in front of you.
- To apply, click on the option of Apply Now.
- The car loan application form will open in front of you.
- Enter the information sought in it and submit the form.
- After this the bank will contact you and the loan process will be continued further.
How to Apply for IndusInd Bank Car Loan Offline?
- For this you have to first go to your nearest IndusInd Bank branch.
- Visit the bank branch and contact the bank employee who will provide you complete information about the car loan.
- Then will verify your documents.
- You have to fill the form, submit your required documents.
- In this way you can apply for a car loan.
How to check IndusInd Bank Vehicle loan statement online?
Car loan statement contains complete information about your loan such as loan amount, remaining EMI, fees and charges, loan tenure etc. You can check and download your loan statement online. You can check it online by visiting the official website of the bank.
Apart from this, you can also do this check by visiting your nearest IndusInd Bank branch. You can keep balance in your loan by checking your loan statement from time to time.
IndusInd Bank Car loan Customer Care Number
- Customer Care : 1800 209 0061 / 1860 267 7777
conclusion
In this article we have given you IndusInd Bank Car Loan in Hindi Complete information about has been provided. Anyone can avail this loan to buy their dream car. If you want to get more information about the loan, then you can get information by calling the customer care number of the bank.
FAQ:
At present, this interest rate starts from 8% per annum.
You can track the status of your application by calling the customer care number of the bank.
You can get your loan closed by visiting your nearest bank branch.