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