Auto Loan
Auto Loan
With Ezmy Loans, you can get an instant approval for auto loans up to 1 crore in minutes. All you have to do is apply for an auto loan (any vehicle) and we'll help you get preapproval, kudos to our cutting-edge online systems that are integrated with regulatory agencies. We will also tailor your specifications so that you can choose from a wide range of vehicle loan offers from over 25 banking firms, including public, private, and non-banking finance companies.
Why choose us:
- A cutting-edge digital platform with a service-oriented design
- Convergence with Statutory Bodies is smooth.
- Advanced Algorithms for Borrowers and Lenders Linking
- It saves you both time and money.
- Data Safety and Security
Auto Loan Eligibility Criteria:
- Applicant's Minimum Age – 18 Years
- The applicant's maximum age - For salaried applicants, the age limit is 60, and for self-employed applicants, the age limit is 65.
- Minimum Annual Earnings – 3 Lakhs
- Employment Situation - Salaried or self-employed
- Country or location of residence – India
- Time Spent in Current Residence – Minimum 1 Year
Auto Loan Documents Required:
- Application form signed and photocopied
- Aadhaar card, PAN card, driver's license, passport, and voter ID card
- NREGA-issued valid passport/permanent driving license/voters ID card/job card
- Birth certificate/school leaving certificate/driving license/tenth-grade mark sheet
- Salary slips/ Income Tax Return Document/ Form 16/ 3-6-month bank statement
1. What exactly is a co-applicant?
A co-applicant is someone who appears to apply for a loan with the main borrower and is evenly responsible for paying off the loan. A co-applicant can be a borrower's blood relative, close family member, or partner.
2. Is it necessary to include a co-applicant?
No, adding a co-applicant is not required to obtain in-principle approval for a home loan. Adding a co-applicant, on the other hand, may increase the likelihood of receiving higher loan eligibility. For a home loan, you can add up to three co-applicants.
3. What if I don't have an income tax return or banking information?
If the lender has not submitted an ITR because his or her income is less than the filing threshold, the lender can provide income by self-declaring. If the lender doesn't even have a basic bank statement for the previous six months, the services will be revoked.
