RBL Bank Car Loan in New Delhi
Last Updated : April 13, 2017, 9:43 a.m.
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
| 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 New Delhi
Address of RBL Bank Branches in New Delhi
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| New Delhi | 17A/53, W.E.A. Karol Bagh, Gurudwar Road, Opp.Jesa Ram Hospital, New Delhi 110005 | RATN0000071 | 110176001 | 011-28756452 |
| Barakhamba-New Delhi | The Ratnakar Bank Ltd, Dr.Gopal Dass Bhawan, Ground Floor, 28, Barakhamba Road, New Delhi - 110 001 | RATN0000100 | 110176002 | 9810211851; 9365576299 |
| Hauz Khas, New Delhi | The Ratnakar Bank Ltd, Ground Floor, M-6 Hauz Khas, New Delhi - 110016 | RATN0000141 | 110176006 | NA |
| Rajouri Garden, New Delhi | The Ratnakar Bank Ltd, J-13/52, Basement & Ground Floor, Rajouri Garden, New Delhi - 110027 | RATN0000142 | 110176007 | NA |
| Vasant Vihar | The Ratnakar Bank Ltd 23 Basant Lok Market Community Centre Vasant Vihar New Delhi 110057 | RATN0000182 | NON-MICR | 43020600 |
| Chandni Chowk | Rbl Bank Ltd 450 454 Kucha Brij Nath Chandni Chowk Delhi 110006 | RATN0000189 | 110176010 | 45028843 |
| Pitampura | RBL BANK LIMITED 4TH KAPIL VIHAR PITAMPURA DELHI 110034 | RATN0000190 | 110176009 | 45028843 |
| Vikas Marg - Delhi | RBL Bank Ltd., 6, Shankar Vihar, Vikas Marg, New Delhi 110092 | RATN0000194 | 110176012 | 1800123804 |