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Car Finance
HDFC
The Housing Development and
Finance Corporation is one of the most sought after banks as far as personal
finance is concerned. It has achieved this in a large measure by simplifying
the procedures associated with taking a loan.
Schemes
*Advantage Platinum, this is the express approval scheme
for select credit card holders,
*100 % Fixed Deposit Lien Loan plan where you get the full
loan amount with the required margin placed as a fixed deposit in HDFC Bank.
*No Documents Loan Plan which as the name suggests, removes
all income document requirements
| DOCUMENTS |
SALARIED |
SELF-
EMPLOYED |
PVT
LTD / LTD CO'S |
PUBLIC
LTD CO. |
| Application
form |
Required |
Required |
Required |
Required |
| Income
Documentation (latest 2 years) |
ITR
or Form 16 and last 2 months salary slips |
ITR
and audited accounts or computation of income statement and
assessment order copy |
ITR
and audited accounts |
Bank
Statement
(previous 3 months) |
Required |
Required |
Required |
Required |
| Proof
of identity |
Required |
Required |
- |
- |
| Proof
of Residence |
Required |
Required |
- |
- |
| Office
Address Proof |
- |
Required |
Required |
Required |
| Legal
Documents |
- |
- |
Memorandum
of Association and Articles of Association |
SUNDARAM
FINANCE
With over 45 years of experience in vehicle financing, Sundaram Finance Ltd.
has satisfied customers across the country.
Schemes
offered :
- Margin Money Scheme
- Advance EMI Scheme
- Security Deposit Scheme
- Customised Schemes
Fast Track Scheme
This is a unique scheme through which you can get instant approval for your
car loan over the phone. For more details kindly provide your telephone
number or get in touch on the below mentioned numbers.
Cars That Are Financed:
Standard cars:
Maruti 800, Omni, Zen, Hyundai Santro, Daewoo Matiz, Tata Indica. (All
Variants)
Luxury cars:
Maruti Esteem, Baleno, Honda City, Hyundai Accent, Ford Ikon, Ford Escort,
Mitsubishi Lancer, Opel Astra, Cielo, Nexia.
Jeeps & Utility vehicles:
Tata Sumo, Safari, Sierra, Maruti Gypsy and the entire range of Mahindra
vehicles.
ICICI BANK
finances a
whole range of cars that include all from the Maruti stable, those from
Fiat, the Santro, Contessa, Honda City, Nexia, Lancer, Opel, Ford etc.
The amount of interest payable
is as follows
| Tenure
(Months) |
12 |
24 |
36 |
48 |
60 |
Honda City/Santro*/Cielo/
Nexia/Matiz
| Interest
(%) |
16.00 |
16.00 |
16.00 |
16.00 |
16.00 |
| EMI
per lac (Rs.) |
8954 |
4832 |
3469 |
2797 |
2400 |
|
*6 year scheme for
salaried class-interest 18.5%, EMI Rs.2,274
Maruti
800/Maruti/Omni/Uno/Sumo/ Indica
| Interest
(%) |
17.00 |
17.00 |
17.00 |
17.00 |
17.00 |
| EMI
per lac (Rs.) |
8993 |
4875 |
3515 |
2845 |
2451 |
Maruti
Zen/Esteem/Sienna/Escort/Opel/Sierra/Estate/Safari
| Interest
(%) |
16.50 |
16.50 |
16.50 |
16.50 |
16.50 |
| EMI
per lac (Rs.) |
8973 |
4853 |
3492 |
2821 |
2425 |
Lancer
| Interest
(%) |
16.25 |
16.25 |
16.25 |
16.25 |
16.25 |
| EMI
per lac (Rs.) |
8964 |
4843 |
3481 |
2809 |
2412 |
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