Benefits
Benefits

Digital Car Loan

Purpose

For purchase of New Car/Van/Jeep/Multi Utility Vehicle (MUV) or Sports Utility Vehicles (SUV).

Eligibility

a)Individuals who are having an assured source of regular income viz. Salaried employees, Professionals, Self Employed persons, businessmen.

b) Existing to Bank (ETB) customers, having fully KYC compliant saving/ current account with registered Mobile number and Email id.

c) Resident individuals only (singly).

d) Customer Age group between 21-60 years. e) Minimum Income of Rs. 25,000/- per month

2-year ITR filling is mandatory.

Loan amount

Minimum Loan amount: Rs. 1,00,000/-

Maximum Loan amount: Rs. 20,00,000/-

Processing fee and documentation Charges

Nil

Documents Required for Digital Journey

Valid PAN Card (Name in saving account strictly as per PAN)

Valid Mobile Number.

Aadhar number linked with mobile number

Web-camera for clicking picture and performing Video KYC. (in case of New to Bank customers)

Income Tax Login credentials for fetching ITR details.

Quotation of car to be purchase .