- 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
Criteria
Eligibility Criteria
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