IndusInd Bank Car Loan in Chandigarh

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

ParticularsDetails
Interest RateAs per bank's guidelines
Loan amount85% of the showroom value.
Depend on the income and profile of the applicant.
TenureFor new vehicles - 3 years
Processing feeNil
Pre- payment chargesAs 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 NameAddressIFSC CodeMICR Contact Details 
ChandigarhS.C.O. NO.53 - 54, Sector 8 - C, Madhya Marg Chandigarh - 160018 .INDB00000141602340020172 2541651 / 655 2541657
Chandigarh Sec. 35SCO - 359 - 360, Sec 35 - B, Chandigarh - 160035INDB00003181602340070172-5002359
Chandigarh Sector 27Ground First And Second Floor Sco 27 Sector 27 C Chandigarh 160019INDB00005961602340174946402
Chandigarh Sector 16 DGround First And Second Floor Sco 20 Sector 16 D Chandigarh 160015INDB00005971602340165174001
Sector 32 ChandigarhSco No- 62, Ground, First & Second Floor, Sec- 32-c, Chandigarh-160031INDB00006181602340181724979600
Sector 47 ChandigarhGround And First And Second Floor Sco No 95 Sector 47 D Chandigarh 160047INDB00006691602340245015260
Industrial Area ChandigarhGround Floor The Statement Plot No 149 Industrial Area Phase 1 Chandigarh 160002INDB00006791602340254605483
Sector 40 ChandigarhGround Floor Sco 224 225 Basement Of Sco 224 Sec 40 D Chandigarh 160036INDB00007431602340274651351
Sector 22 ChandigarhGround Floor Sco No 1100 1101 Sector 22 B Chandigarh 160022INDB00007891602430284008667
Sector 20 D ChandigarhGround First And Second Floor Sco No 1 Sector 20 D Chandigarh 160020INDB00008261602340292546021
Sector Thirty Eight ChandigarhGround And Basement Floor Sco 301 302 Sector 38d Chandigarh 160038INDB00008351602340304965199

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