Punjab National Bank Car Loan in Chennai

Last Updated : April 6, 2017, 6:21 p.m.

About Punjab National Bank Car Loan Chennai

In India, every other day, we come across the news that one or the other car is coming to the market. Since cars are one of the first desires of everyone and Chennai is not behind in this. Having said that, to get an affordable car loan in this city is hassle-free as Punjab National Bank is here. The car loan offered by PNB is designed by keeping in mind the affordability and demands of a car loan borrower. To apply, check details like eligibility criteria and interest rates here.

Punjab National Bank Car Loan in Chennai at a Glance

Eligibility Criteria

The eligibility criteria to apply for a car loan or vehicle loan at Punjab National Bank (PNB) is as follows:

• The vehicle should be used for private purposes only
• Any individual can apply
• The loan can be taken for business concerns (corporate or non-corporate)
• The minimum net monthly salary/pension/income of the applicant should be ₹20000

Documents Required

The list of documents that an applicant must have at the time of applying for a car loan at PNB is as follows:

• Signed loan application form
• Identity Proof (PAN Card/Voter ID Card/Driving License/Passport)
• Age Proof
• Address Proof (Driving License/Passport/Voter ID Card)
• Last 6 months bank statement
• Last 3 months salary slip for salaried
• Form 16 or ITR for salaried
• Last 3 years ITR with computation of income for self-employed
• Last 3 years CA Certified/Audited Balance Sheet and Profit & loss account

For more information on car loans, read Car Loan Chennai

Punjab National Bank Branch Addresses in Chennai