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HDFC Bank Limited Car Loan

Bank Link

http://www.hdfcbank.com/personal/products/loans/car-loans/new-car-loans

Loan Amount

Borrow up to 3 - 6 times your annual income. Avail up to 100% finance on your favorite car**

Interest Rate

Information not available

Tenure

12 to 84 Months

Pre Payment Charges

3% to 6% after six months of availing the loan

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Service Charges

Up to 2.5 Lakhs : Rs.2825/-

Over Rs. 2.5 Lakhs up to 4 Lakhs : Rs.3650/-

Over Rs. 4 Lakhs to 5 Lakhs : Rs.4100/-

Over Rs. 5 Lakhs up to 10 Lakhs : Rs.4450/-

Over 10 Lakhs : Rs.4950/-

Over Rs. 2.5 Lakhs up to 4 Lakhs : Rs.3850/-

Over Rs. 4 Lakhs to 5 Lakhs : Rs.4300/-

Over Rs. 5 Lakhs up to 10 Lakhs : Rs.4650/-

Over 10 Lakhs : Rs.5150/-

Other Charges

Description of Charges:

6 % of POS for preclosures within 1 year from 1st EMI

5% of POS for preclosures within 13-24 months from 1st EMI

3% of POS for preclosures post 24 months from 1st EMI

No foreclosure allowed within 6 months from date of availing the car loan

Stamp Duty : At acutals

Late Payment Penalty: 2% per month

Cheque swapping charges: Rs 500/-

Loan cancellation / re-booking charges: Rs 1000/-

Loan Reschedulement charges: As applicable at the time of reschedulement

Special NOC: Rs.500/- per request

Duplicate Repayment Schedule charges: Rs 500/-

Legal, Repossession & Incidental charges: At actuals

Duplicate no due certificate / NOC: Rs 500/-

Transaction fees for Suraksha Kavach: Rs 500/-

Self
Minimum Age (in yrs.)

21-65 Years

Minimum Income (in Rs.)

Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars

Minimum Work Experience (yrs.)

Atleast 3 years in business

Residence Status (yrs.)

Telephone: Must at residence ; Private & Public Limited Company:Telephone-One phone at least at business

Id Proof

Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible)

Address Proof

Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.

DOB Proof

Birth Certificate or 10th Class Passing Certificate

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Salaried
Minimum Age (in yrs.)

21-65 Years

Minimum Income (in Rs.)

Minimum Rs. 100000 p.a including the income of spouse

Minimum Work Experience (yrs.)

1 year in current employment and minimum 2 years of employment

Residence Status (yrs.)

Telephone: Must at residence

Id Proof

Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible)

Address Proof

Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.

DOB Proof

Birth Certificate or 10th Class Passing Certificate

Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.
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