Mahindra Verito Car Loan
Why Mahindra Verito Car Loan?
Ride the Eye-catching and Dynamic Mahindra Verito and live a luxurious life. Explore the curves and corners of each road with the Mahindra Verito. Mahindra Verito is made to conquer every road.
Avail the Best Mahindra Verito Car Loan on Lowest Interest Rates and get Doorstep and Personalized Services. No need to visit the banks. MAgicLoans will knock at your door and will present you the keys of your dream Verito.
Features
- An Unbiased Experts Advice
- Instant Approval within 24 hours
- Fast, Reliable and Personalized Service
- Comparison across all the banks on a single platform
- Doorstep Services
Benefits
- Loan up to 100% of ex-showroom price
- Loan tenure up to 7 years
- Pre-Qualified Car Loans for existing customers
- Attractive Rate of Interest
- Easy documentation
- Attractive deals from associated car dealers
- Flexible repayment options
Mahindra Verito Car Loan Documents
DOCUMENTS REQUIRED
Documents you will need to submit for Salaried Individuals
- Proof of Identity: Passport copy, PAN Card, Voters Id card, driving licence( Laminated, Recent, Legible)
- Income Proof: Latest salary slip with form 16.
- Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.
- Bank Statement: Last 6 months
Documents you will need to submit for Self Employed
- Proof of Identity: Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible)
- Income Proof: Latest ITR
- Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card
- Bank Statement: Last 6 month
Mahindra Verito Car Loan Eligibility
ELIGIBILITY CRITERIA
Loan Amount
The minimum loan amount for taking a car loan is Rs. 1,00,000. The maximum loan amount will depend upon the price of the car, model variant, profile of the customer, etc.
New Car
- Loan up to 100% of the ex-showroom price of the car.
Pre-owned Car
- Loan up to 80% of the valuation of car with maximum tenure of 60 months* (can go further depending on profile)
- Hassle-free processing
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Particulars
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Salarield Individual
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Self-Employed Individual
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Partnership Firm
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Private / Public Ltd Co
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Age Criteria* |
The applicant should be above 25 years old at the time of application, and upto 58 years of age at the time of maturity of the loan. |
Any proprietor, partner, professional or director above 28 years but below 65 years at the time of the loan maturity. |
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Limited companies should have been in existence for at least 3 years./p> |
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Income Criteria* |
Gross annual income of at least Rs. 2.50 lakh |
Gross annual income of at least Rs. 2.00 lakh |
Firm should have a minimum PAT (profit after tax) of Rs. 2.00 lakh Business income as per ITR or Profit as per P/L. |
Minimum PAT (profit after tax) of Rs. 2.00 lakh Business income as per ITR or Profit as per P/L. |
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Stability |
The total employment stability should be more than 2 years and current employment stability of minimum 1 year. |
Current business stability should be 2 years or total more than 3 years. |
Current business stability should be 2 years or total more than 3 years. |
How to Apply on magicloans.in
Steps to apply
Search for magicloans.in on google
A form will open up.
Fill the form with the required information.
You will get assisted by us further.
You can call on 60011600 for more information.
Why magicloans.in Is a Good Platform to Apply for Car Loan
Why we are suggesting applying for the personal loan by using magicloans.in over other sites. magicloans.in know the value of your precious time. You will get so many perks if you apply by using this site.
If you apply for the car loan from you will be entertained by so many benefits
First of all, You just have to fill the car Loan form and you will get a call from outside automatically.
Besides that get some more concessions in the interest rates.
There is no need to go to the bank.
Your documents will be picked up from your doorstep.