Saraswat Bank Car Loan | Interest Rates | Documents | Information
Saraswat Bank Car loan interest rates starts from 8.60%. Get details & calculate loan EMI with calculator, Eligibility, Documents, Processing fees & Other charges online.
Basic Features of Saraswat Car Loan:
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- Salaried : Max 30 times of Avg Net Monthly Salary
- Businessmen : Max 4 times of Avg Net Cash Accruals
- 80% of On-Road cost extended upto 100%*
- Maximum Loan amount upto Rs. 1 Crore
Car Loan Rate of Interest – Saraswat Bank:
Period | General Customers | Loyalty Customers |
upto 5 years | 8.60% 8.85% | 8.50% 8.70% |
Above 5 years to 7 years | 9.50% | 9.25% |
Processing feesUpto Rs.10 Lakh – Rs.2500/- + GST. Above Rs.10 Lakh – Rs.5000/- + GST.
List of Documents Required for Saraswat Bank Car Loans:
- Duly filled prescribed application form
- Identity and residence proof of the Applicant and Guarantor(if any)
- Income documents a) or b) as applicable
a) In case of salaried person, salary slip for last 3 months and bank statement for last 6 months, ITR of the past 3 years
b) In case of businessman, last 2 years profit & loss & ITR copies, balance sheet and bank statement of business account for last 6 months. - Proforma Invoice of the Authorized dealer