Big fish Business
NEW CAR LOANS
Caluculate EMI
Car Loan Eligibility
Car Loan Eligibility Criteria for Top Banks :
- Age: Generally 21-65 years.
- Income: Minimum monthly or yearly earnings.
- Employment: Stable job with experience (1-2 years).
- Credit Score: Good score, often 680 or higher.
- Documentation: ID, address, income proofs, car papers.
- Loan Amount: Based on income and repayment ability.
- Debt-to-Income Ratio: Consideration of existing debts.
- Paid EMIs: Car owners who have paid at least 12 EMIs on an active car loan.
For Self-Employed Individuals
- Individuals who are at least 25 years old at the time of application and no older than 60 at the end of the loan tenure.
- Those who have been in business for at least two years.
- Should earn at least Rs. 2,50,000 per year
- Individuals who own a car have paid at least 12 EMIs if there is an active loan.
Documents required fo Car Loan ?
You will be asked to submit papers suggested by your lender to show your eligibility and competence for a New Car Loan To begin the Loan procedure, keep the following documents on hand to obtain a Loan as soon as possible.
List of Documents Required
- KYC documents (Valid Photo ID Proofs)
- PAN Card
- Last 2 years’ ITR as proof of income (for self-employed individuals)
- Salary Slip (latest 3 months)
- Salary account statement (latest 6 months)
- Signature Verification Proof
- Registration Certificate of the Car
- Loan track (if there is an active loan on the car)
- Car Insurance
Why choose Our New Car Loans Service ?
Competitive Interest Rates: Enjoy low interest rates that make your new car purchase more affordable and help you save money over the life of your loan.
Flexible Repayment Terms: Choose from a variety of repayment terms tailored to fit your budget and financial goals, ensuring comfortable and manageable payments.
Quick and Easy Approval: Benefit from our streamlined application process with fast approvals, allowing you to get behind the wheel of your new car without delay.
Personalized Support: Our team of financial experts provides personalized guidance and support throughout the loan process, helping you make the best decisions for your situation.
Transparent Process: Experience a transparent loan process with no hidden fees or surprises, giving you peace of mind from start to finish.
How It Works ?
Browse or List Vehicles: If you’re buying, browse our extensive inventory of vehicles online or in-person. If you’re selling, list your car with us to reach a wide audience of potential buyers.
Get a Fair Evaluation: Receive a fair market value evaluation for your vehicle if you’re selling, ensuring you get the best price.
Schedule Test Drives or Inspections: Schedule test drives for the cars you’re interested in or inspections for your vehicle to ensure it meets our quality standards.
Complete the Transaction: Finalize your purchase or sale with our easy and efficient paperwork process. Our team will handle all the details to ensure a smooth transaction.
Drive Away Happy: Whether you’re buying or selling, leave with the satisfaction of knowing you got the best deal and exceptional service from Bigfishbusiness.
Choose Bigfishbusiness for your next car sale or purchase and experience the difference of working with a trusted partner. Contact us today to get started and find the perfect vehicle or buyer for your needs.