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Tips to help you choose the right car loan
April 30, 2009
Eligibility
If you are over 21 years of age and your annual income is at least Rs 100,000, you are eligible to get a car loan. Of course, the amount of loan depends on your financial profile, price of the car and model variant.
Documents required
Even though some documents may vary between salaried individuals and self employed professionals, the common documents asked for are:
Application form with photograph
Identity & residence proof
Latest salary slip
Form 16
Bank statements
Also read: Bangalore best Indian city to live in
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