RBL Bank Car Loan in Jaipur

Last Updated : April 13, 2017, 9:43 a.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

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