Car Loan Rates EMI 2024
IndusInd Bank Car Loan in Chandigarh
Last Updated : May 20, 2017, 3:38 p.m.
About IndusInd Bank Car Loan in Chandigarh
IndusInd bank is one of the new generation banks that has established in 2004. It wanted to provide the world class services to the people in the country. The car loan is a type of personal loan which is used to fulfill the personal requirements of owning the car. Thus, it is one of the best schemes to get a brand new car for yourself and enjoy the affordable interest rate that is applicable on the loan amount. It is easy to avail the loan amount as it requires less documentation. So to get the excitement and thrill to own the car it is one of the best method.
IndusInd Bank Car Loan in Chandigarh at a glance
| Particulars | Details |
|---|---|
| Interest Rate | As per bank's guidelines |
| Loan amount | 85% of the showroom value. Depend on the income and profile of the applicant. |
| Tenure | For new vehicles - 3 years |
| Processing fee | Nil |
| Pre- payment charges | As per bank’s norm |
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 Chandigarh .
Address of IndusInd Bank Branches in Chandigarh
| Branch Name | Address | IFSC Code | MICR | Contact Details | |
|---|---|---|---|---|---|
| Chandigarh | S.C.O. NO.53 - 54, Sector 8 - C, Madhya Marg Chandigarh - 160018 . | INDB0000014 | 160234002 | 0172 2541651 / 655 2541657 | |
| Chandigarh Sec. 35 | SCO - 359 - 360, Sec 35 - B, Chandigarh - 160035 | INDB0000318 | 160234007 | 0172-5002359 | |
| Chandigarh Sector 27 | Ground First And Second Floor Sco 27 Sector 27 C Chandigarh 160019 | INDB0000596 | 160234017 | 4946402 | |
| Chandigarh Sector 16 D | Ground First And Second Floor Sco 20 Sector 16 D Chandigarh 160015 | INDB0000597 | 160234016 | 5174001 | |
| Sector 32 Chandigarh | Sco No- 62, Ground, First & Second Floor, Sec- 32-c, Chandigarh-160031 | INDB0000618 | 160234018 | 1724979600 | |
| Sector 47 Chandigarh | Ground And First And Second Floor Sco No 95 Sector 47 D Chandigarh 160047 | INDB0000669 | 160234024 | 5015260 | |
| Industrial Area Chandigarh | Ground Floor The Statement Plot No 149 Industrial Area Phase 1 Chandigarh 160002 | INDB0000679 | 160234025 | 4605483 | |
| Sector 40 Chandigarh | Ground Floor Sco 224 225 Basement Of Sco 224 Sec 40 D Chandigarh 160036 | INDB0000743 | 160234027 | 4651351 | |
| Sector 22 Chandigarh | Ground Floor Sco No 1100 1101 Sector 22 B Chandigarh 160022 | INDB0000789 | 160243028 | 4008667 | |
| Sector 20 D Chandigarh | Ground First And Second Floor Sco No 1 Sector 20 D Chandigarh 160020 | INDB0000826 | 160234029 | 2546021 | |
| Sector Thirty Eight Chandigarh | Ground And Basement Floor Sco 301 302 Sector 38d Chandigarh 160038 | INDB0000835 | 160234030 | 4965199 |