IDBI Bank Car Loan in Purnea, Bihar

Getting to drive your dream Car can make life seem so much better. Avyud Finance facilitates Car Loan Services for your dream Car. Our Auto loans are easy and quick to avail and we make sure you take on the roads faster with our quick processing of the loan. Just rush to book your dream car or bike, while we take care of your loan requirement. Avyud Finance offers Car Loan from IDBI Bank with Affordable interest rate. These are Fixed rate loans and are one of the best Car Loan rates.

IDBI Bank Car Loan Important Information

• Maximum Funding : IDBI Bank will help you get a higher sanction for funding your dream Vehicle


• Wide coverage on Vehicles : Our Auto loan covers wide range of car's, suv's and high end bikes


• EMI on reducing balance : Repayment with easy EMIs and avail the loan for upto 7 years


• Attractive Interest rates : To ensure a smooth ride our Auto loans offer attractive rate of interest


• Tie-ups with Dealers and Manufacturers : We have the tie-ups with dealers and Manufactures of vehicles and we make sure you will get the best deal

Eligibility Criteria for IDBI Bank Car Loan

• Min age of the applicant: 18 years


• Max age of the applicant (At loan Maturity): 70 years/retirement age whichever is earlier.


• Min. Annual Income of Rs.2,40,000/-


• Income proof: Salary Slip, Form 16/ ITR, Bank statement showing salary credit

• Min age of the applicant: 18 years


• Max age of the applicant: (At loan Maturity): 70 years


• Min. 2 years in profession


• Min. Annual Income of Rs.2,40,000/-


• Income proof: for Last 2 years with computation of income / certified financials, Balance Sheet, P & L A/c, Bank statement

Documents Required for IDBI Bank Car Loan

• School Leaving Certificate


• Passport


• Driving License


• Election ID Card


• Birth Certificate


• LIC Policy


• PAN Card


• Latest 2 months salary slips


• Form 16/ ITR for last 2 years


• Bank Statement reflecting salary credits for 4 months

Fees & Charges for IDBI Bank Car Loan

• Interest Rate Floating: 7.50% - 8.10% Fixed: 9.20% - 9.90%


• Loan Tenure: Upto 7 years


• Processing Fee Minimum: Rs.1,500 plus taxes Maximum: Rs.2.500 plus taxes


• Pre-closure Charges: Within 6 months - 1% of the balance outstanding, After 6 months: Nil