RBL Bank Car Loan in Noida

Last Updated : May 20, 2017, 11:29 a.m.

About RBL Bank Car Loan in Noida

Are you tired of traveling by busy or struggling everyday in the metro rush? It is the time for you to get a car for yourself. Yes, no need to worry about the money because RBL Bank is here to help. You can apply for a car loan at RBL Bank in your nearest bank branch once you match the required eligibility criteria. Also, you need to have the necessary documentation required to apply for a car loan at the bank. So, to start the procedure, have a look at the document checklist, interest rates, eligibility criteria, branch contact details, etc.

RBL Bank Car Loan in Noida 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 Noida

Address of RBL Bank Branches in Noida