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New / Used Car Loan

Overview

Car loans are secured loans where the vehicle itself is used as a collateral. It is offered by Bank's & NBFC's for new cars & used cars.

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Get instant car loan eligibility with upto 100% financing from leading banks & NBFC's at best Interest Rates, EMI for your new car and used car purchase. Citycasa Finance brings car loan with attractive banks offer for you.

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Flexible repayment tenure and pocket-friendly EMI so that you get the dream car you want, in a matter of minutes!

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Eligibility

Car Loan Eligibility Criteria

The borrowers do not need any hefty eligibility criteria to avail a car loan. The minimum eligibility criteria are given below:

  • The Applicant should be age between 21 to 63 years.

  • The Applicant annual income should be minimum 2.5 lakh

  • The Applicant should be employed or in business for at least 1 year. 

  • The Applicant should be holding Account for at least 3 months.

Documents

KYC

  • Identity Proof - Pan Card, Valid Passport, Permanent Driving license, voters ID Card etc.

  • Address Proof - Aadhar Card, Valid Passport, Light Bill, Rent Agreement, Company Letterhead.

Income Proof -

(Salaried Individuals)

  • Latest 3 months salary slip

  • Latest 2 years Form 16 

  • Bank statement of the current 12 months

(Self Employed Individuals)

(Sole Proprietorship)

  • ​Latest 2 years Income Tax Returns (ITR)

  • Bank statement of the current 12 months

Self Employed Individuals
(Partnership Firms)

All the following documents as income proof:

  • Audited Balance Sheet

  • Company Incorporation

  • MOA & AOA

  • Profit & Loss Account of the previous 2 years

  • Company ITR for the previous 2 years

  • ​Shop & Establishment Act Certificate

  • GST Certificate​​​​​

  • Bank statement of the current 12 months​​​​​​​​​​​​​​​​​​​​​

Self Employed Individuals

(Private Limited Companies)

All the following documents as income proof:

  • Audited Balance Sheet

  • Company Incorporation

  • MOA & AOA

  • Profit & Loss Account of the previous 2 years

  • Company ITR for the previous 2 years

  • ​Shop & Establishment Act Certificate

  • GST Certificate

  • Bank statement of the current 12 months

Self Employed Individuals

(Public Limited Companies)

All the following documents as income proof:

  • Audited Balance Sheet

  • Company Incorporation

  • MOA & AOA

  • Profit & Loss Account of the previous 2 years

  • ​Any of the following documents as address proof:

  • Telephone Bill

  • Electricity Bill

  • Shop & Establishment Act Certificate

  • GST Certificate​​​​

  • Bank statement of the current 12 months

Features & Benefits

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Short time loan process

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Minumul Documentation

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Attractive Interest Rate

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Flexible EMI Tenure

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Loan Amount Up to 100%

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100% security of

documentation

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Customer Support

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