What are the steps to get car deals and loans?
- Check with seller
- Published date: March 30, 2021
[ #42118 Ads Views - 3 ]
- Bahadurgarh, Haryana, India
Getting car deals and loans can be confusing. We believe that nothing can stop you and your dream car. Therefore, we have listed five simple steps to obtain car deals and loans:
Step 1: choose a car
Are you ready to buy a car or are you still determining the brand and model? To search and compare cars, please visit HDFC bank's online car market.
Once you have identified the car, you can start the car loan process.
Step 2: check qualifications
The easiest way to check your eligibility is to use the online auto loan eligibility calculator.
First of all, it is suggested that you choose a car loan up to six times your annual income. However, the qualification criteria may vary with city, income, occupation, etc.
Step 3: calculate the loan amount, tenure and EMI
How much do you need to borrow? How long? How much can you afford to pay each month?
A simple way to determine these details is to use the HDFC bank auto loan EMI calculator. You only need to enter the amount and term of the loan you need, as well as the interest rate provided by the bank, to calculate the EMI of your loan.
Our bank provides car rental loans for 12-84 months with minimum EMIS of Rs. 1111 / RS *.
You may also need to pay a down payment, which is equivalent to a certain proportion of the value of the car. HDFC bank provides up to 100% of road funding, which is an easy way to finance your new car that you can take advantage of.
Make full use of zero foreclosure fees *.
Step 4: apply and provide materials
You can now apply for a loan online or go to the nearest branch to go through the formalities. HDFC bank has a simple online application form that you can complete in a few minutes.
Prepare income, identification and address documents. Here is a list of the documents you need.
Once you provide complete documentation, it takes only 10 seconds for HDFC bank to approve the car loan.
For existing customers, HDFC bank provides instant and paperless auto loans through Internet banking.
Step 5: book your car
Once the loan is approved, you can visit the dealer and pay for the recommended financial value of the car's price. The bank will deposit the loan funds directly into your account. You can complete your payment and booking. Once you've done this, you can have the car as soon as it's ready.
It's easy to book a car now. Now all you need to do is apply for a car loan. Start applying now!
Now, if you want to buy the perfect car for this festival, everything is possible. Click here to view EMI records from HDFC bank's festival entertainment.
- Avoid scams by acting locally or paying with PayPal
- Never pay with Western Union, Moneygram or other anonymous payment services
- Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
- This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"
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