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Home Auto Loans

SBI CAR LOAN SCHEME | Car loan in sbi 2020

by Editor
August 6, 2021
in Auto Loans, Videos
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SBI CAR LOAN SCHEME | Car loan in sbi 2020
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Namaskar Dosto!
Do you realize the small print of SBI automobile loan scheme? This video is for you.
SBI presents you the most effective deal for financing your new automobile. Lowest rates of interest, lowest EMI, minimal paperwork and fast disbursement.

Salient Features
Lowest Interest Rates & EMI;
Longest Repayment Tenure (7 years);
Financing on ‘On-Road worth’:
On-Road worth contains Registration, Insurance and Extended Warranty/ Total Service Package/ Annual Maintenance Contract/ Cost of Accessories.
Interest calculated on Daily Reducing Balance;
For buy of latest passenger vehicles, Multi Utility Vehicles (MUVs) and SUVs.
Financing Upto 90% of ‘On-road Price’
No Advance EMI
Optional SBI Life Insurance cowl obtainable

Eligibility
To avail an SBI Car Loan, try to be a person aged 21 to 67 years,

Documents Required
You would wish to submit the next paperwork together with the finished utility type:

Salaried
Statement of checking account for final 6 months.
2 passport measurement images
Proof of Identity
Address Proof
Income Proof: Latest Salary Slip, Form 16
I.T. Returns or Form 16 for the final 2 years.
Proof of Identity : – (Copy of anybody) Passport/ PAN Card/ Voters ID card/ Driving License and many others. Address Proof :- (Copy of anybody) Ration card/Driving License/Voters ID card/Passport /Telephone Bill/ Electricity invoice/Life Insurance coverage
Form 16/ITR is waived for our Salary Package clients who’re sustaining their wage account with the Bank for minimal 12 months.

Statement of Bank Account (For six months) is waived for our Salary Package clients who’re sustaining Salary account with us.

Non-Salaried/ Professional/Businessmen
Statement of checking account for final 6 months.
2 passport measurement images
Proof of Identity
Address Proof
Income Proof: ITR for final 2 years
I.T. Returns or Form 16 for the final 2 years.
Audited Balance sheet, P&L assertion for two years, Shop & institution act certificates / gross sales tax certificates / SSI registered certificates / copy of partnership.
Person engaged in agricultural and allied actions.
Statement of checking account for final 6 months.
2 passport measurement images
Proof of Identity
Address Proof
Direct agricultural exercise (crop cultivation):
Khasra/Chitta Adangal (displaying cropping sample) Patta/Khatoni (displaying land holding) with {photograph}. All land ought to be on free maintain foundation and possession proof to be in the identify of borrower.
Allied agricultural exercise (like Dairy, Poultry, Plantation/ Horticulture)
Documentary proof of operating of the actions to be offered.

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