How to take SBI car loan?
Hello friends, I welcome you all. Friends, in today’s article you will know how to take a car loan. Friends, if you are thinking of buying a new car but you do not have enough money to buy a car, then State Bank of India’s car loan can help you. SBI car loan not only offers flat interest rates and flexible repayment tenure but it also comes with other benefits. If you want to take SBI Car loan at your home then it also provides all the facilities.
Under this loan, the bank gives you a loan up to 90% of the on-road price of your car which also includes costs like registration charges, insurance and warranty. The most important thing about SBI car loan is that there is no advance EMI or foreclosure charge. If you want to know how to take a car loan, today’s article will tell you all the information in detail. That’s why you have to read this article carefully till the end.
Required Documents for Sbi Car Loan
- Proof of Identity
- address proof
- Bank statement of last 6 months
- IT Returns and Form 16
- Latest Salary Slip, Form 16
- 2 passport size photographs
Eligibility for taking SBI Car Loan
- The minimum age of the applicant to take SBI car loan should be 21 years and minimum age should be 65 years.
- Salaried employees whose annual income is more than Rs 2,50,000 can get a loan of up to 48 times their annual income.
- If the annual income of professional or self-employed is Rs 3,00,000 or more, they can get a loan of up to 4 times.
- The applicant taking loan should have good civil score.
- If the net annual income of a person involved in agriculture is Rs 4,00,000 or more, he can get a loan of 3 times his annual income.
- You can take a loan to buy a MUV or SUV car.
How to apply online for SBI Car loan?
If you want to apply online for SBI new car loan, then for this you will have to follow all the steps given below, which will be as follows –
- To take SBI Car loan, first of all you have to go to the official website of SBI.
- After that find the loan category in the menu bar and click on Personal Finance.
- After clicking, 4 options will appear on your screen, you will have to click on the same loan.
- If you want, go to the section of SBI New Car Loan Scheme and click on More info.
- After using it, all the information related to loan will open on your screen, from here you can check the eligibility criteria and required documents.
- If you use it then you will have to click on Apply Now.
- Use Bad You will have to enter your mobile number and account number and click on submit option.
- Select loan offer. You will have to fill the bad application form and complete the application form.
conclusion –
Friends, in today’s article we have informed you all about how to take SBI car loan and also explained the entire online process in full detail so that you can easily take SBI car loan. Friends, if you want to know about this then please share this article.