Criteria

Eligibility Criteria

  • Applicant must be an employee of a well- reputed organization or a self-employed professional or businessman
  • Should be in current employment for atleast 3 years or should be in business/profession for atleast 5 years
  • Age should not be more than 60 years

Financing Criteria

  • Applicant will contribute a minimum of 20% of vehicle cost as down payment
  • In case of salaried individuals, monthly car installment rental will not exceed more than 1/3rd of net monthly take home salary
  • Net financing will not exceed Rs. 3.0 million