Frequently asked questions
You can take advantage of our flexible repayment tenures that range up to 72 months.
A CIBIL Score of 720 or higher is needed to apply for our car loan balance transfer and top-up.
You can get a car loan balance transfer and top-up of up to Rs. 47 lakh, which you can repay comfortably over a long tenure of up to 72 months.
The eligibility criteria are as follows:
Age: 18 to 80 years*
For salaried employees: Individuals should have at least 1 year of experience and a minimum monthly salary of Rs. 20,000
For self-employed individuals: Applicants must submit an ITR proof for the last 2 years
*You should be 80 years or younger at the end of the loan tenure.
Credit score is an important factor for car loan balance transfer eligibility. The minimum credit score required to get the balance transfer varies from lender to lender.
The documents required for a car loan balance transfer are:
- KYC documents: Aadhaar/ passport/ voter’s ID
- PAN card
- Employee ID card
- Bank statements for the last 3 months
- Salary slips for the last 3 months
- Vehicle registration certificate and insurance copy