RBL Bank Car Loan in Jaipur
Last Updated : May 20, 2017, 12:22 p.m.
About RBL Bank Car Loan in Jaipur
If you have been finding it difficult to travel via public transport, it’s time for you to buy a car for yourself. RBL Bank is now going to make it easier for you to get a car loan at one of the lowest interest rates and enjoy paying low EMI. Not only this, you also get a higher loan amount with the help of which expensive cars can also become yours! So, change your dream into reality and apply for a car loan in Jaipur at RBL Bank. Before starting the procedure, have a look at the documentation required to apply for a car loan at the bank and other important details.
RBL Bank Car Loan in Jaipur at a Glance
Particulars | Details |
---|---|
Interest Rate | 10.35%-10.85% p.a. |
Loan amount | For salaried - ₹30 lakhs For Self-employed- ₹1 Crore |
Tenure | Up to 5 years |
Processing Fee | 1% 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
Documentation Required
The document checklist 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 Jaipur
Address of RBL Bank Branches in Jaipur
Branch Name | Complete Address | IFSC | MICR | Contact Number |
---|---|---|---|---|
Mohanpura | Gram Mohanpura, Khasra No.374 By 264, Part C 1, Ground Floor, Ajmer 305801 | RATN0000176 | NON-MICR | 43020600 |