Type Here to Get Search Results !

how much borrowing range for a car/auto loan?


The borrowing range for a car/auto loan differs with lending 
institutions and also takes into consideration the applicants credit profile. Usually in a car loan the minimum amount is Rs.1 lakh and the maximum depends on the income and other credit profile details of the applicant. Some banks offer around 3 times the annual salary of the applicant in case of a salaried individual and around 6 times the annual income in the case of self employed professionals.

Post a Comment

0 Comments
* Please Don't Spam Here. All the Comments are Reviewed by Admin.

Top Post Ad

Below Post Ad