IndusInd Bank Car Loan in Ahmedabad

Last Updated : April 4, 2017, 5:14 p.m.

About IndusInd Bank Car Loan in Ahmedabad

IndusInd is the bank that has started its operation in the year 2004. The bank aims to provide the best products and services by collaborating with the latest technology and process. The car is one of the luxuries that everyone wants to achieve in their lives. For this, the bank has designed the car loan products that can fulfill the requirements of the people and help them to achieve what they aspire to achieve. Thus, in the city of Ahmedabad, the car loan by IndusInd bank is one of the financial solutions that can assist you to get the car and enjoy the excitement of having it.

IndusInd Bank Car Loan in Ahmedabad at a glance

Eligibility Criteria

• Eligible Segments – Individuals, professionals, reputed firms and companies
• The age of the applicant should be between 21- 60 years for salaried individuals and 21- 65 years for self- employed.
• Minimum annual gross salary of the individuals should ₹ 2.50 lakh for salaried individual and minimum net profit for the self- employed should be ₹ 2 lakh.
• The salaried individuals Should have minimum work experience of 3 years and at least 1 year with the current employer.
• The self- employed should have the minimum experience of 3 years in the current business or professions.
• The applicant must have the residential stability. The minimum stay in the city should be at least 3 years and the minimum stay of 1 year in the current residing house.
• The CIBIL score should be 600 and above. Should not have negative or caution profile.

Documents Required

• 1 passport size photograph
• Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible and self-attested)
• Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
• Proof of Income: Latest 2 months salary slip with form 16 Audited balance sheet, and the latest 2 years IT returns of the company/ Latest ITR, bank statement reflecting salary credits for last 4 months.
• Bank Statement: Income statement, balance sheet, and ITR for last 2 years ( for self- employed), Last 6 months bank statement (for salaried individual)
• Business Proof: CST Certificate/ Labour act, Shop establishment act/SSI certificate, Proof of ownership of the entity, Rental deed/ Utility deed in the name of the company.

To get more information, Click Car Loan Ahmedabad.

Address of IndusInd Bank Branches in Ahmedabad