2.3.47.2, 2017-10-10 18:26:25

Salaried Individual
 
 
 
Particulars
Car value
(up to 10 lacs)
Car value
(10 lacs -20 lacs)
Car value
(20 lacs and above)
Age Criteria
Minimum age 21 years old
Minimum age 21 years old
Minimum age 21 years old
Income Criteria
Gross annual income of at least Rs. 2.00 lacs.
Gross annual income of at least Rs. 5.00 lacs.
Gross annual income of at least Rs. 10.00 lacs.
Job / Business Stability
Minimum 3 years
Minimum 3 years
Minimum 5 years
LTV (%)
Upto 90%
Upto 90%
Upto 90%
Self-Employed Individual
 
 
 
Particulars
Car value
(up to 10 lacs)
Car value
(10 lacs -20 lacs)
Car value
(20 lacs and above)
Age Criteria
Minimum age 21 years old
Minimum age 21 years old
Minimum age 21 years old
Income Criteria
Gross annual income of at least Rs. 1.00 lacs.
Gross annual income of at least Rs. 3.50 lacs.
Gross annual income of at least Rs. 5.00 lacs.
Job / Business Stability
Minimum 2 years
Minimum 5 years
Minimum 7 years
LTV (%)
Upto 85%
Upto 85%
Upto 85%