Car Loans
Our transparent, simple and quick processing helps you own your dream car.
We provide loans for purchasing new and used vehicles for both commercial and personal usage. We also offer customized loans for the entire range of cars, MUVs, SUVs, Cross over Vehicles and Premium Cars. Unique schemes based on low EMI, low margin money, attractive rate of interest, quick documentation and quick disbursal of loans makes Tata Capital the best choice in financing your dream drive.
We offer a minimum loan amount of Rs. 1,25,000 for a used automobile and Rs. 1,00,000 for a new automobile. The loan amount can be customized to your needs and can be fixed within the purview of our credit policy, available across the range of products in the market. We also offer loan tenure upto 60 months.
When you choose a Car Loan from us, you can be rest assured of a pleasant journey – right from the onset until you repay the final installment.
Eligibility & Documentation – New Cars
Parameters | Salaried | Self Employed | Non-Individuals |
LTV | Up to 100% | Up to 90% | Up to 90% |
| Minimum Income | 1.5 lacs for all assets | 1.6 lacs for all assets | 1.6 lacs for all assets |
| Tenure | 12 - 60 months | 12 - 60 months | 12 - 60 months |
| Documents Needed | 1) PAN Card 2) Address proof 3) Signature Verification Proof 4) One Photograph 5) ITR/Salary Slips/Form 16 6) Bank Statement for last 3 months | 1) PAN Card 2) Address proof 3) Signature Verification Proof 4) One Photograph 5) ITR 6) Bank Statement for last 3 months | 1) Registered Partnership Deed for Partnership Firms 2) Certificate of Incorporation for Pvt and Public Ltd Companies 3) Certficate of Commencement of Business for Public Ltd companies 4) Article and Memorandum of Association in case of Public and Pvt Ltd Companies 5) Address Proof Pan Card of the Firm 6) One Photograph 7) ITR 8) Audited Balance Sheet and Profit and Loss Account Bank |
To know more about our Partnerships, click here.
To Fast track your New Car Loan, click here.
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