HDFC Bank car loan

HDFC Bank Car Loan Eligibility:

1. Salaried Individuals
   
   • Minimum age of Applicant : 21 years
   • Maximum age of Applicant at loan maturity : 60 years
   • Minimum employment : 1 year in current employment and minimum 2 years of employment
   • Gross household income i.e. including income of the spouse : Rs 100000 net annual income
   • Telephone : Necessary at residence
2. Self-employed Individuals
   
   • Minimum age of Applicant : 21 years
   • Maximum age of Applicant at loan maturity : 65 years
   • Minimum employment : Atleast 3 years in business
   • Minimum Annual Income : 60000
   • Telephone : Necessary at residence

How is your HDFC Bank car loan eligibility determined?
Based on the following aspects HDFC Bank will determine your loan eligibility:

• Your monthly income
• Cost of the vehicle
• Other EMI’s which you are paying for any other loan

Fill the form above to check your actual car loan amount eligibility.

HDFC Bank Car Loan documentation Checklist:

• Age Proof: Any one of Passport copy, PAN Card, Voters ID card, Photo driving licence with birth date ( laminated, recent , legible), Photo ration card with DOB, Employer certificate/ID, School/College Leaving certificate.
• Proof of Identity: Any one of Passport copy, PAN Card, Voters ID card, Photo driving licence with birth date, Photo ration card with DOB.
• Income Proof: Latest salary slip with latest form 16/latest ITR. HDFC bank corporate salary account statement for salary credits of above Rs 8000 for three months.
• Address Proof: Any one of Photo Ration card with DOB, Photo Driving licence with DOB, Voters ID card, Passport copy, Telephone bill, Electricity bill, PAN Card, Credit Card statement with credit card copy, Employer certificate/ID.
• Sign Verification Proof: Any one of Passport copy, Photo driving licence with birth date ( laminated, recent , legible), Credit Card statement with credit card copy, Banker's verification, Copy of margin money paid to bank.
• Proforma invoice