Secured Car Loan
8.5% R.O.I
Minimal Documentation
A car is no longer a luxury, it has become a necessity. Own your car with My Mudra online car loan and drive your happiness. The car loan interest rates start at 8.5% with minimal documentation. Bring your car home swiftly with us.
Finance your car and release the burden of financial hardship easily. Get a car loan by showing Income Proof, an Aadhaar Card, and a PAN Card. Track the status of your online car loan from the portal.
To get a car loan online one needs to be eligible to apply for a car loan online. Mentioned below are the eligibility criteria you must check before applying for a car loan:
1. Age: 18 years to 60 years.
2. Annual Income: The minimum annual income of the borrower for an online car loan should be Rs.3 lakh.
3. Citizenship: One should be an Indian citizen.
4. Residence Stay Duration: The duration of stay in the current residence should be a minimum of 1 year to get a car loan easily.
1.) Identity Proof
2.) Address Proof
3.) Age-Proof
4.) Income Proof
a.) Bank Statement
b.) Agreement for the Vehicle Loan
5) Duly Filled Application Form
6) Car Buying Agreement Papers
7) KYC Documents