Car Loan Ludhiana

Car Loan @ 8.10%*

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About Car Loan Ludhiana

Located in the state of Punjab, Ludhiana is the largest city in the state in terms of Population. Ride your dream car. Book the Best Car Loan in Ludhiana and get Instant Approval.

Why Us for Car Loan Ludhiana?

€¢ Know your Car Loan Eligibility in 1 minute

€¢ Loan Tenure up to 7 years

€¢ Interest Rates as low as 9.20%*

€¢ Minimal Documentation

€¢ Instant Approval in 2 hrs

€¢ Special Festive Offers and Discounts

€¢ Get Doorstep Services and Experts’ Assistance

Car Loan Ludhiana

Car Loan Ludhiana Eligibility Criteria

Salaried Individuals

  • Minimum age of the applicant: 21 years
  • Maximum age of the applicant at loan maturity: 70 years (Conditions apply)
  • Income: Minimum Net Yearly Salary of Rs. 2.4 Lac p.a. for all recommended car models
  • Income eligibility: As per latest pay slip and Form 16
  • Profession: Least 1 year of a continuous profession

Self-employed Individuals

  • Minimum age of the applicant: 18 years
  • Maximum age of the applicant at loan maturity: 75 years
  • Income: Lowest Net Yearly Business revenue of Rs. 1.8 Lac p.a. for chosen models and Rs. 2.0 Lac p.a. for others
  • Income eligibility – As per latest ITR
  • Profession: Minimum 3 years in the related line of business.

Car Loan Ludhiana Documents

€¢ Identity Proof

€¢ Current Address Proof

€¢ Last 6 months bank statements

€¢ Latest 3 months salary slips

€¢ 2 years Form 16

€¢ PAN Card Copy

€¢ Two Colored Photographs

* Interest rate can vary as per individual’s portfolio.
* All loans repayment period are over 6 months. No short term loans.
* Credit at sole discretion of the Banks we have a tie-up with.
* The Organisation do not charge money from customers.