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Car Loan Eligibility Criteria
Cars today are a status symbol, as well as a utility that serves day-to-day purposes. Essential to your comfort and to the demands of time, your aspirations to own a car are now within reach. We at Ruloans have collaborated with several well-known banks and NBFCs to offer you an array of car finance solutions for a comfortable living. Ruloans has on offer tailor-made car loans that differ in terms of individual abilities, and other factors. To own a car, talk to your Ruloans Team for beneficial alternatives via phone, email, or chat, and apply for a Car Loan to get your Ruloans’ Flexible Car Loans Advantage. Eligibility criteria for car loans are as follows.
Salaried Individual
- Resident Citizens of Indian
- Minimum Age: 21 years
- Maximum Age: 60 years at Loan Maturity
- Income Requirement: Minimum Rs. 2,50,000 p.a.
- Employment: Minimum 2 years, and 1 year with Current Employer
- Healthy savings history and professional stability
Self Employed Individual
- Resident Citizens of Indian
Minimum Age: 21 years
Maximum Age: 65 years at Loan Maturity
Income Requirement: Minimum Rs. 2,50,000 p.a.
Business: Minimum 2 years in Current Profession
Minimum 1 year Business Vintage
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