Car Loan 

HDFC Bank Car Loan Madurai | Interest Rates | 625001

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Professional Details
Loan Amount
Occupation
Annual Income
City

HDFC Bank Car Loan Details Madurai

Interest Rates car loan 7.95% to 8.30%
Processing Fee 0.4% of Loan Amount or Rs.10000, whichever is lower
Repayment 7 Years
Loan Amount Upto 100%
Foreclosure Charges Nil
Monthly Income 15000

New Car Loans

  • Up to 100% funding
  • Faster approvals and doorstep services
  • No Income Document Scheme
  • Flexible repayment period of up to 7 years
  • Fast and hassle free loan processing
  • Lowest down payment and best deals for customers
  • Approval of Car loan in 30 minutes
  • Easy loans up to Rs. 1.5 Cr.
  • Minimum Income per month required are Rs.15000/-

    • Pre-owned Car Loans

  • Widest range of authorized dealers
  • Up to 100% finance and up to 60 months tenure
  • Up to 2% lower interest compared to personal loan available in the market
  • Minimum income required 1 lakh Annually
  • Car loan approval in 30 mins
  • Highest loan value as compared to market

    •  
    What should be the age of my car?
    The vehicle age at the end of Loan against Car tenure should not exceed:

  • 7 Years for Private Usage
  • 6 Years for Commercial Usage

    • Loan against Car

  • Pre-approved cash loan for existing Car Loan customers
  • No income documents required
  • Easy access to cash when you required urgently
  • Lowest Interest Rates
  • Upto 90% fund available on used cars

    • Major Branches of HDFC Bank in Madurai:

    1. HDFC Bank Limited 78 T P K Road Anndal Puram Madurai-625003
    2. Sri Nithya Kalyani Towers No.34, Krishnarayar Tank Street, Northweli Street, Tamil Nadu Madurai
    3. HDFC Bank Limited No 74 &75 Kamaraja Street Madurai-625009
    4. HDFC Bank Ltd 316,Ground Floor,HIG, Anna Nagar,80Feet road, Madurai-625020
    5. 78/4,Bye Pass Road Opp Hotel Gowri Krishna Madurai-625016
    6. No.6, Vinayagar Home Vinayagar Nagar, K. K. Nagar Madurai-625020
    7. 20,Vasunagar Narayanapuram Madurai-625014

    Documents Required for Car Loans under HDFC Bank in Madurai

    Proof of Identity: Passport copy, PAN Card, Voters Id card, driving licence( Laminated, Recent, Legible)
    Income Proof: Latest salary slip with form 16.
    Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.
    Bank Statement:Last 6 months

    Are you a self employed individual (Sole Proprietorship)?
    Be in business for at least 2 years
    Earn at least Rs. 60,000 per annum if you are looking to buy a standard car and at least Rs. 1,00,000 per annum for mid-sized and premium cars.
    Have a telephone at residence / Post Paid mobile connection

    Are you self employed (Partnership Firms) and (Private Limited Companies)?
    Earn at least Rs. 60,000 per annum if you are looking to buy a standard car and at least Rs. 1,50,000 lakh/anum for car loan
    Have a minimum turnover of Rs. 4,50,000 per annum
    Have a landline at your office and residence.

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