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  #1  
November 19th, 2012, 01:12 PM
harsh patel.
Guest User
 
SBI Used Car Loan Chennai

I want to know about the State Bank of India Used Car Loan Chennai so please can you give me the detail of the loan and provide me the eligibility of the loan ?
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  #2  
November 19th, 2012, 05:07 PM
Super Moderator
 
Join Date: Mar 2012
Re: SBI Used Car Loan Chennai

You want to take car loan from SBI .These are the following details of SBI car Loan .

Benefits of SBI car Loan Scheme :
Lowest interest rates
Finance for one-time road tax, registration fee, insurance premium and accessories
No hidden costs or administrative charges.
No advance EMIs
Longer repayment period of upto 84 months or 7 years.


Eligibility :
Your age should be 21-65 years .
If you are a Permanent employee of State / Central Government, Public Sector Undertaking, Private company or a reputed establishment or A Professionals or self-employed individual proprietary/partnership firms who is an income tax assessee Then Net Annual Income should be Rs. 2,50,000/- and above.

Documents Required :

Your Statement of Bank account for last 12 months.
2 passport size photographs .
Signature identification from bankers .
A copy of passport /voters ID card/PAN card.
Proof of Address.
Latest salary-slip showing all deductions
I.T. Returns/Form 16: 2 years for salaried employees and 3
years for professional/self-employed/businessmen
duly accepted by the ITO wherever applicable to be
submitted.
Proof of official address for non-salaried individuals.

Processing Fee :
0.50% of Loan amount and to be paid upfront.
Minimum: Rs. 500/-
Maximum Rs. 10,000




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