IDFC First Bank India - Car Loans
Overview
IDFC First Bank offers car loans to help you finance the purchase of your dream car. With competitive interest rates and flexible repayment options, IDFC First Bank car loans make it easy for you to drive home your new vehicle.
Features
- Loan amounts up to 100% of the on-road price of the car
- Flexible repayment options with tenures up to 7 years
- Competitive interest rates
- Quick approval process
- No prepayment charges
- Special offers for existing customers
Eligibility Criteria
To apply for a car loan from IDFC First Bank, you must meet the following eligibility criteria:
- Minimum age of 21 years
- Minimum annual income of Rs. 1.8 Lakhs
- Indian resident or NRI with a valid Indian passport
- Employed or self-employed with a stable source of income
Documents Required
When applying for a car loan from IDFC First Bank, you will need to submit the following documents:
- Proof of identity (Aadhaar card, passport, PAN card, etc.)
- Proof of address (Utility bills, rental agreement, etc.)
- Income proof (Salary slips, income tax returns, bank statements, etc.)
- Passport-size photographs
- Copy of car quotation or proforma invoice
How to Apply
You can apply for an IDFC First Bank car loan online through the bank's website or by visiting a branch near you. Simply fill out the application form, submit the required documents, and wait for approval.
Customer Support
If you have any questions or need assistance with your car loan application, you can contact IDFC First Bank's customer support team at 1800 419 4332 or visit their website for more information.
