Used Cars

Schemes

income program

  • Income document is mandatory
  • LTV up to 85% of the valuation amount
  • Maximum tenure of 5 years
  • All categories of cars will be covered under this product.
  • Maximum loan amount as per eligibility criteria

no income document program

  • Income document is mandatory
  • LTV up to 70% of the valuation amount
  • Maximum tenure of 5 years
  • Category A & B cars covered under this product.
  • Maximum loan amount is Rs 3 lacs

agri scheme funding

  • ID proof, Address Proof, Signature Proof
  • Latest 3 months Bank Statement
  • Minimum of 3 acres of cultivable land holding proof
  • Maximum lending upto 75% LTV on Valuation Amount

repayment proof scheme

  • ID proof, Address Proof, Signature Proof
  • Minimum 12 months of Repayment track record from any NBFC / Bank
  • Latest 6 months Bank statement where Loan is running