RBL Bank Car Loan in Ahmedabad

About RBL Bank Car Loan in Ahmedabad

RBL Bank provides affordable car loans with minimal documentation in Ahmedabad. You can now get a higher loan amount on your car loan and buy your dream car for yourself. To apply and get instant loan approval Ahmedabad branch of RBL Bank, check eligibility criteria, interest rates, documentation checklist below.

RBL Bank Car Loan in Ahmedabad at a Glance

ParticularsDetails
Interest Rate10.35%-10.85% p.a.
Loan amountFor salaried - ₹30 lakhs
For Self-employed- ₹1 Crore
TenureUp to 5 years
Processing Fee1% of Loan amount

Eligibility Criteria

The eligibility criteria to apply for a car loan or vehicle loan at RBL Bank is as follows:

For salaried-

  • Applicant’s age should be minimum 21 years and maximum 58 years at loan maturity (maximum 60 years for Govt. employees.)
  • Minimum total work experience of 3 years required.
  • Minimum one landline contact at residence or office and a post-paid mobile connection required.
  • Minimum annual income from ₹1 lakh to ₹9 lakhs

For self-employed-

  • Self-Employed Individuals / Professionals
  • Applicant’s age should be minimum 25 years and maximum 65 years at loan maturity.
  • Minimum 3 years of experience required in the same line of business.
  • Minimum one landline contact at residence or office and a post-paid mobile connection required.
  • Minimum annual income of from ₹1 lakh to ₹7.5 lakhs

Documents Required

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

  • PAN Card – For Individual/Partnership Firm / Company
  • Identity Proof – Any one (Voter ID / Driving License / Passport / Aadhar Card)
  • Address Proof – Any one (Voter ID / Driving License / Passport / Telephone Bill / Electricity Bill / Registered Lease Deed or Sale Agreement / Bank Statement)
  • Business Continuity Proof – Any one document dated 3 years old (Bank Statement / Sales Tax Challans / IT Returns / Shops & Est. Certificate / Certificate of Incorporation / Partnership Deed)
  • Passport Size Photographs of all applicants & co-applicants
  • Car Documents
  • Pro-forma Invoice of the Car
  • Margin money receipt from the dealer
  • RTO set
  • Income Proof
  • Bank statements

For more information, read Car Loan Ahmedabad

Address of RBL Bank Branches in Ahmedabad

Branch NameComplete AddressIFSCMICRContact Number
Ahmedabad 107/108, Madhavpura, ganj Bazar, Ambaji temple, Ahmedabad-380004RATN0000065380176002079-22120833
Viva Complex, AhmedabadThe Ratnakar Bank LTd., Viva Complex, opposite Parimal Garden, Ellisbridge, Ahmedabad-380006RATN00001583801760049558824663

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