CAR LOAN HYDERABAD

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CAR LOAN HYDERABAD

Several banks and finance companies offer car loans for residents of Hyderabad for buying a car. The HDFC Bank gives a minimum loan of one-lakh rupees for a period of one to seven years with an interest rate 8.40-10.35%. The Axis Bank gives a loan at an interest rate 8.60-11.50%. The ICICI Bank car loan Hyderabad is available at an interest rate 8.40-13.25%. The documentation process in the ICICI bank is easy and simple. One needs proof of identity, age, and address. Photograph, bank statements, income proof, and some other documents are required for the loan. A person can apply for the loan through a telephone, SMS, online or by visiting the bank in the city. The bank gives an instant approval on the loan.

Dena Bank gives a loan for 1L-2Crs Rs at an interest rate 9.15%. Jammu and Kashmir Bank gives a car loan at an interest rate 9.55%. The HDFC Bank gives a loan for minimum seventy thousand rupees at an interest rate 12-15.5%. Some other banks like Citibank, Syndicate bank, State bank of Hyderabad, Vijaya Bank, Corporation bank, Reserve bank of India and other banks also give car loan Hyderabad. The car loan facility is available from several finance companies like TVS Credit Services, Capital First, Sundaram Finance, Mahaveer Finance India Ltd, and other companies.