New Car Loan In Vapi

Features and Benefits of our New Car Loan In Vapi

1. Competitive Interest Rates: Shivay Financial Consultant offers new car loans with competitive and attractive interest rates, ensuring affordability for borrowers.

2. High Loan-to-Value Ratio: Borrowers can benefit from a high loan-to-value (LTV) ratio, allowing them to finance a significant portion of the new car's value through the loan.

3. Flexible Loan Tenure: Shivay Financial Consultant provides flexible loan tenure options, allowing borrowers to choose a repayment period that aligns with their financial situation and preferences.

4. Quick and Streamlined Approval Process: Shivay Financial Consultant ensures a quick and efficient loan application process, with streamlined approval procedures, facilitating a seamless experience for borrowers.

5. Customised Loan Solutions: Borrowers can access personalised loan solutions, tailored to meet individual needs and financial capabilities, ensuring that the new car loan aligns with specific requirements.

6. Transparent Terms and Conditions: Shivay Financial Consultant maintains transparency in loan terms and conditions, with no hidden fees or surprises, providing clarity to borrowers throughout the loan process.

7. Additional Benefits: Depending on the loan program, Shivay Financial Consultant may offer additional benefits such as special interest rate promotions, zero or low processing fees, and insurance packages, enhancing the overall value for borrowers.

New Car Loan In Vapi Eligibility and Documents

Read on to know the criteria required to apply for our New Car Loan In Vapi.

Eligibility Criteria for New Car Loan

1. Competitive Interest Rates: Shivay Financial Consultant offers new car loans with competitive and attractive interest rates, ensuring affordability for borrowers.

3. Flexible Loan Tenure: Shivay Financial Consultant provides flexible loan tenure options, allowing borrowers to choose a repayment period that aligns with their financial situation and preferences.

4. Quick and Streamlined Approval Process: Shivay Financial Consultant ensures a quick and efficient loan application process, with streamlined approval procedures, facilitating a seamless experience for borrowers.

5. Customised Loan Solutions: Borrowers can access personalised loan solutions, tailored to meet individual needs and financial capabilities, ensuring that the new car loan aligns with specific requirements.

6. Transparent Terms and Conditions: Shivay Financial Consultant maintains transparency in loan terms and conditions, with no hidden fees or surprises, providing clarity to borrowers throughout the loan process.

7. Additional Benefits: Depending on the loan program, Shivay Financial Consultant may offer additional benefits such as special interest rate promotions, zero or low processing fees, and insurance packages, enhancing the overall value for borrowers.

 

Documentation for New Car Loan In Vapi

Income Proof Documents

Photo Identity Proof (Any one):

  • PAN Card
  • Aadhar Card
  • Passport
  • Latest Passport Size Photo
  • Voter’s ID


Address Proof (Any one):

  • Aadhaar Card
  • Utility Bill (telephone, electricity, water, gas) – less than 2 months old
  • Passport
  • Driving Licence
  • Current and Permanent Address Proof


Proof of Income:

For Salaried Professionals:

  • Salary slips (Last 3 months)
  • Form 16 of Latest 2 years
  • Last 6 Months Saving Account Bank statement
  • If the current employment of the applicant is less than one year then the current Appointment letter and the last company’s relieving letter will be required.

For Self-Employed Professionals / non-professional:

  • ITR Return for the last 3 years along with income of computation, Financial Report, Audit Report, P&L Statement and Balance Sheet.
  • GST Registration
  • GST Return of Last 2 years.
  • Current & savings Account Bank Statement of past 6 months.
  • 26AS of the latest 2 years

For Parntership Firm:

  • Partnership Deed
  • Shareholder Certificate
  • Director’s List and Director KYC
  • Firm’s PAN Card
  • 26AS of the latest 2 years

For Private Limited Company:

  • MOA
  • AOA
  • LOD
  • LOS
  • BRB
  • Director’s KYC
  • Company's PAN Card
  • 26AS of the latest 2 years

EMI Calculator for New Car Loan In Vapi

The monthly part-payment that you make to repay your New Car Loan is known as an Equated Monthly Instalment (EMI). This monthly payment includes repayment of the principal amount of your loan divided over the period of the loan, with the agreed interest amount on the outstanding amount of your New Car Loan. Shivay Financial Consultant online New Car Loan EMI Calculator is essential to make an up-to-date decision to execute your New Car Loan Plan at optimum levels. This EMI calculator online aids you to perform complex computing functions to calculate your New Car Loan Equated Monthly Instalment accurately in an instant.

EMI Calculator

Apply for a loan, and you will be able to benefit from a decent and comfortable loan.

EMI Amount: Apply Now

Fees and Charges for New Car Loan In Vapi

The fees and charges of New Car Loan In Vapi usually vary from lender to lender and from case to case. The aforementioned table will give you a fair idea of the fees and charges related to New Car Loan In Vapi:

Particulars Charges
Loan Processing Fees Upto 4% of the total loan amount
Loan Cancellation Usually around 3000
Stamp Duty Charges Payable as per the state law
Rate of Interest 7.40% per annum onwards
Penal Charges 2% on the delayed payment

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