HDFC Bank Car Loan in Pune

About HDFC Bank Car Loan in Pune

HDFC bank is a well-known name in the banking industry. The bank offers a variety of products and services to the customers based in the city of Pune. A customer of HDFC bank can take a car loan from the bank in order to buy a dream car. The bank gives the best repayment tenure and interest rate for a car loan. There are more than 100 branches of the bank in the city of Pune.

HDFC Bank Car Loan Pune at a glance

The important details about a car loan offered by HDFC bank in the city have been given below.

ParticularDetails
Interest rate8.00% - 13.00%
Loan amountMax. loan amount :

New Cars : Upto ₹ 3,00,00,000

Pre-owned Cars: Upto ₹ 50,00,000
TenureNew Cars : Up to 7 years

Pre-owned Cars: Up to 5 years
Processing feeNew Car: 0.4% of Loan Amount or ₹10000, whichever is lower

Pre-owned Car: 2% of loan amount or ₹ 5,000/-, whichever is lower
Pre-payment chargeNo foreclosure allowed within 6 months from date of availing the car loan; 6% of Principal Outstanding for preclosures within 1 year from 7th EMI;5% of Principal Outstanding for preclosures within 13-24 months from 1st EMI; 3% of Principal Outstanding for preclosures post 24 months from 1st EMI

Eligibility criteria for HDFC Bank Car Loan Pune

The eligibility for a car loan offered by HDFC bank for different applicants have been given below-

Salaried Employee-

  • Should be at least 21 years of age while applying for a loan and <=60 years of age when the loan matures
  • Should have a job for a minimum of two years and must be working for the current employer for at least one year
  • Must earn a minimum annual income of ₹ 2,50,000. This can include the income of the co-applicant or spouse
  • Should have a post-paid mobile or a telephone

Self-employed individual (Sole Proprietorship)-

  • Need to be at least 21 years of age when the tenure starts and <=65 when the tenure ends
  • Need to be in their business for a minimum of two years
  • Need to have an annual income of at least ₹ 2,50,000 if you plan to get a standard car and mid-sized & premium cars respectively
  • Need to have a telephone at home or a post-paid mobile connection

Self-employed (Partnership Firms)-

  • Need to earn a minimum annual income of ₹ 2,50,000 if you plan to get a standard car
  • People engaged as self-employed partners in the business of manufacturing, trading or services are eligible to apply for car loans.
  • Must have a landline in residence as well as office

Self-employed (Private Limited Companies) and Self employed (Public Limited Companies)-

  • Earn a minimum annual income of ₹ 2,50,000 in order to get a standard car. 
  • Landline connection in office is required

Documents required for HDFC Bank Car Loan Pune

The list of all the important documents has been given below. Check them out right now-

  • Identity Proof- PAN Card, Voter ID Card, Passport, Driving License
  • Proof of Income- The applicants are required to submit the below documents as a proof of their income.

-Salaried employee: A salary slip along with Form 16

-Self-employed individual (Sole Proprietorship): Latest Income Tax Returns

-Self-employed (Partnership Firms): Audited Balance Sheet, latest two years Income Tax returns and Profit and loss account of the last two years

-Self-employed (Private Limited Companies): Audited Balance Sheet, P&L account of the last two years and Income Tax returns of the latest two years

-Self-employed (Public Limited Companies): Audited Balance Sheet and P&L account of the last two years

  • Proof of Address-

-Salaried employee and Self-employed individual (Sole Proprietorship): Driving license/Telephone Bill/Ration card/Life insurance policy/passport copy/Voter card/ electricity bill/PAN Card

-Self-employed (Partnership Firms), Self-employed (Public Limited Companies) and Self employed (Private Limited Companies): Sales Tax certificate/Electricity Bill/Telephone Bill/SSI registered certificate/Shop & Establishment Act certificate

  • Bank Statement-The applicant needs to show the bank statements of the past six months

Have a look at Car Loan Pune for more information.

Address of HDFC bank branches in Pune

The complete list of HDFC bank branches in the city has been given below with the address, contact details and IFSC & MICR codes.

BranchAddressIFSCMICRContact details
Law College RoadLaukik Appt. Plot No. 3, CTS No. 870, Bhandarkar Rd, Pune - 411004, MaharashtraHDFC00000074112400029890603333
Kondhwa KhurdShop No. 3 / 4, , Mayurpankh APARTMENT, Kondhwa Khurd, Pune - 411048, MaharashtraHDFC00000294112400039890603333
Boat Club Road9 / 2, Kalpataru Garden, Opposite Narangi Baug, Boat Club Road, , Pune - 411001, MaharashtraHDFC00000394112400049890603333
Aundh93, Rajyog Creations, Anand Park, Off ITI Road, Aundh, Pune - 411007, MaharashtraHDFC00000524112400059890603333
Fergusson College Road1182 / 13, Bu Bhandari Showroom, , Opposite Hotel Lalit Mahal, Fergusson College Road, Pune - 411005, MaharashtraHDFC00001034112400079890603333
Shankar Seth RoadVardhaman Building, Oswal Bandhu Samaz Bldg, Shankar Seth Road, Pune - 411042, MaharashtraHDFC00001044112400069890603333
East StreetK. P. Housing Society, General Thimmaya Road, , Camp, East Street, Pune - 411001, MaharashtraHDFC00001484112400089890603333
KothrudPlot No. 14, Mayur Colony, Opposite Jog High School, , Kothrud, Pune - 411029, MaharashtraHDFC00001494112400099890603333
NigdiPlot No 1, Sector 27 - A, Pradhikaran, Nigdi, Pune - 411044, MaharashtraHDFC00001854112400109890603333
PashanCasp Bhavan, 132 / 2 - Plot No. 3, , Pashan - Baner Link Road, Pune - 411021, MaharashtraHDFC00002234112400069890603333
Sahakar NagarRuturang 49 / 1, Pune Satara Road, Aranyeshwar Corner, , Sahakar Nagar, Pune - 411009, MaharashtraHDFC00003594112400119890603333

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