RBL Bank Car Loan in New Delhi

About RBL Bank Car Loan in New Delhi

Driving with your own car is also time-saving and comfortable. Having said that, New Delhi is a place where you will enjoy the convenient traveling and go from one corner of the city to the other without any hassle. RBL Bank is one such bank in Delhi, that has won the hearts of the people because of the affordable car loan. The interest rates offered by RBL Bank is one of the lowest interest rates on car loans. So, have a look at the documentation checklist, interest rates and apply now to get instant approval.

RBL Bank Car Loan in New Delhi 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

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 New Delhi

Address of RBL Bank Branches in New Delhi

Branch NameComplete AddressIFSCMICRContact Number
New Delhi17A/53, W.E.A. Karol Bagh, Gurudwar Road, Opp.Jesa Ram Hospital, New Delhi 110005RATN0000071110176001011-28756452
Barakhamba-New DelhiThe Ratnakar Bank Ltd, Dr.Gopal Dass Bhawan, Ground Floor, 28, Barakhamba Road, New Delhi - 110 001RATN00001001101760029810211851; 9365576299
Hauz Khas, New DelhiThe Ratnakar Bank Ltd, Ground Floor, M-6 Hauz Khas, New Delhi - 110016RATN0000141110176006NA
Rajouri Garden, New DelhiThe Ratnakar Bank Ltd, J-13/52, Basement & Ground Floor, Rajouri Garden, New Delhi - 110027RATN0000142110176007NA
Vasant ViharThe Ratnakar Bank Ltd 23 Basant Lok Market Community Centre Vasant Vihar New Delhi 110057RATN0000182NON-MICR43020600
Chandni ChowkRbl Bank Ltd 450 454 Kucha Brij Nath Chandni Chowk Delhi 110006RATN000018911017601045028843
PitampuraRBL BANK LIMITED 4TH KAPIL VIHAR PITAMPURA DELHI 110034RATN000019011017600945028843
Vikas Marg - DelhiRBL Bank Ltd., 6, Shankar Vihar, Vikas Marg, New Delhi 110092RATN00001941101760121800123804

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