{"id":319,"date":"2020-07-31T09:53:38","date_gmt":"2020-07-31T09:53:38","guid":{"rendered":"http:\/\/magicloans.in\/?p=319"},"modified":"2020-07-31T09:53:38","modified_gmt":"2020-07-31T09:53:38","slug":"car-loan-ludhiana","status":"publish","type":"post","link":"https:\/\/magicloans.in\/car-loan-ludhiana\/","title":{"rendered":"Car Loan Ludhiana"},"content":{"rendered":"<p style=\"text-align: justify;\"><style>\r\n    :root {\r\n      --primary: white;\r\n      --material: rgb(224, 58, 16);\r\n    }\r\n\r\n    .frame form#contact .autodata {\r\n      position: relative;\r\n    }\r\n\r\n    .frame form#contact .autodata input {\r\n      width: 100%;\r\n    }\r\n\r\n    .frame form#contact .autodata ul#citySearchResult,\r\n    .frame form#contact .autodata ul#companySearchResult {\r\n      border: 1px solid #ddd;\r\n      top: 46px;\r\n      position: absolute;\r\n      width: 100%;\r\n      margin: 0;\r\n      background: #fff;\r\n      overflow-y: auto;\r\n      z-index: 999;\r\n      max-height: 139px;\r\n      padding: 0px 12px 0;\r\n      overflow-x: hidden;\r\n      border-radius: 8px;\r\n    }\r\n\r\n    .frame form#contact .autodata ul#citySearchResult li,\r\n    .frame form#contact .autodata ul#companySearchResult li {\r\n      list-style-type: none;\r\n      cursor: pointer;\r\n    }\r\n\r\n    .frame form#contact .autodata ul#citySearchResult li:hover,\r\n    .frame form#contact .autodata ul#companySearchResult li:hover {\r\n      background-color: #aaa !important;\r\n    }\r\n\r\n    .frame form#contact .autodata ul#companySearchResult li:nth-of-type(2n),\r\n    .frame form#contact .autodata ul#citySearchResult li:nth-of-type(2n) {\r\n      background: #ccc;\r\n    }\r\n\r\n    .frame form#contact .autodata ul#companySearchResult li,\r\n    .frame form#contact .autodata ul#citySearchResult li {\r\n      background: #eee;\r\n      padding: 7px;\r\n    }\r\n\r\n    .frame form#contact .autodata ul#companySearchResult,\r\n    .frame form#contact .autodata ul#citySearchResult {\r\n      border: 0px;\r\n      padding: 0px;\r\n    }\r\n\r\n    \/* FORM *\/\r\n\r\n    html,\r\n    body * {\r\n      box-sizing: border-box;\r\n      font-family: 'Open Sans', sans-serif;\r\n    }\r\n\r\n    .frame form#contact h3 {\r\n      text-transform: capitalize;\r\n      font-weight: normal !important;\r\n      color: rgba(255, 255, 255, 0.8) !important;\r\n      font-size: 18px !important;\r\n      margin: 10px 0;\r\n    }\r\n\r\n    .frame {\r\n      background-color: #1a202a;\r\n      width: 80% !important;\r\n      margin: 0 auto 20px;\r\n      border-top: solid 1px rgba(255, 255, 255, .5);\r\n      border-radius: 5px;\r\n      box-shadow: 0px 2px 7px rgba(0, 0, 0, 0.2);\r\n      overflow: hidden;\r\n    }\r\n\r\n    #contact {\r\n      width: 100%;\r\n      font-size: 16px;\r\n      padding: 40px 60px;\r\n      transition: opacity .5s ease, transform .5s ease;\r\n      display: flex;\r\n      flex-direction: column;\r\n    }\r\n\r\n    .frame form#contact .multi-inputs {\r\n      display: flex;\r\n      gap: 20px;\r\n    }\r\n\r\n    .frame form#contact .group {\r\n      position: relative;\r\n      margin: 12px 0;\r\n      width: 100%;\r\n    }\r\n\r\n    .frame form#contact textarea {\r\n      resize: none;\r\n    }\r\n\r\n    .frame form#contact input,\r\n    .frame form#contact textarea {\r\n      background: none;\r\n      color: rgba(255, 255, 255, 0.8);\r\n      font-size: 18px;\r\n      padding: 10px 10px 10px 5px !important;\r\n      display: block;\r\n      width: 100%;\r\n      border-radius: 0;\r\n      border: none !important;\r\n      border: 1px solid #aaa !important;\r\n      background-color: transparent;\r\n      transition: 0.25s;\r\n      border-radius: 2px;\r\n      margin-bottom: 0 !important;\r\n    }\r\n\r\n    .frame form#contact input:focus,\r\n    .frame form#contact textarea:focus,\r\n    .frame form#contact input:valid,\r\n    .frame form#contact textarea:valid {\r\n      outline: none;\r\n      border-color: transparent !important;\r\n    }\r\n\r\n    .frame form#contact input:focus~label,\r\n    .frame form#contact input:valid~label,\r\n    .frame form#contact textarea:focus~label,\r\n    .frame form#contact textarea:valid~label {\r\n      top: -14px;\r\n      left: 5px;\r\n      font-size: 12px;\r\n      color: var(--primary);\r\n    }\r\n\r\n    .frame form#contact input:focus~.bar:before,\r\n    .frame form#contact textarea:focus~.bar:before,\r\n    .frame form#contact input:valid~.bar:before,\r\n    .frame form#contact textarea:valid~.bar:before {\r\n      width: 100%;\r\n    }\r\n\r\n    input[type=password] {\r\n      letter-spacing: 0.3em;\r\n    }\r\n\r\n    .frame form#contact label {\r\n      color: rgba(255, 255, 255, 0.8);\r\n      font-size: 16px;\r\n      font-weight: normal;\r\n      position: absolute;\r\n      pointer-events: none;\r\n      left: 15px;\r\n      top: 10px;\r\n      transition: 300ms ease all;\r\n    }\r\n\r\n    .frame form#contact .bar {\r\n      position: relative;\r\n      display: block;\r\n      width: 100%;\r\n    }\r\n\r\n    .frame form#contact .bar:before {\r\n      content: \"\";\r\n      height: 2px;\r\n      width: 0;\r\n      bottom: 0px;\r\n      position: absolute;\r\n      background: var(--primary);\r\n      transition: 300ms ease all;\r\n      left: 0%;\r\n    }\r\n\r\n    .frame form#contact .btn {\r\n      background: #fff;\r\n      color: #959595;\r\n      border: none;\r\n      padding: 10px 20px !important;\r\n      border-radius: 3px !important;\r\n      letter-spacing: 0.06em;\r\n      text-transform: uppercase;\r\n      text-decoration: none;\r\n      outline: none;\r\n      box-shadow: 0 1px 3px rgba(0, 0, 0, 0.12), 0 1px 2px rgba(0, 0, 0, 0.24);\r\n      transition: all 0.3s cubic-bezier(0.25, 0.8, 0.25, 1);\r\n    }\r\n\r\n    .frame form#contact .btn:hover {\r\n      color: #8b8b8b;\r\n      box-shadow: 0 7px 14px rgba(0, 0, 0, 0.18), 0 5px 5px rgba(0, 0, 0, 0.12);\r\n    }\r\n\r\n    .frame form#contact .btn.btn-submit {\r\n      width: 200px;\r\n      background: var(--material);\r\n      color: white;\r\n      margin-top: 10px;\r\n      cursor: pointer;\r\n      align-self: flex-end;\r\n    }\r\n\r\n    .frame form#contact .btn.btn-submit:hover {\r\n      background: rgb(222 85 51);\r\n    }\r\n\r\n    .frame form#contact .btn.btn-cancel {\r\n      background: #eee;\r\n    }\r\n\r\n    .frame form#contact .btn.btn-cancel:hover {\r\n      background: #e1e1e1;\r\n      color: #8b8b8b;\r\n    }\r\n\r\n    .frame form#contact .select {\r\n      font-family: 'Roboto', 'Helvetica', 'Arial', sans-serif;\r\n      position: relative;\r\n      width: 100%;\r\n    }\r\n\r\n    .frame form#contact .select-text {\r\n      position: relative;\r\n      width: 100%;\r\n      padding: 10px 10px 10px 5px !important;\r\n      font-size: 18px;\r\n      border: 1px solid #aaa !important;\r\n      background-color: transparent;\r\n      transition: all 300ms;\r\n      border-radius: 2px;\r\n      margin-bottom: 0 !important;\r\n      color: rgba(255, 255, 255, 0.8);\r\n      font-weight: 300;\r\n      height: auto!important;\r\n    }\r\n\r\n    .frame form#contact .select-text option {\r\n      color: #333;\r\n    }\r\n\r\n    \/* Remove focus *\/\r\n    .frame form#contact .select-text:focus {\r\n      outline: none;\r\n      border-color: transparent !important;\r\n      border-bottom-color: #aaa;\r\n    }\r\n\r\n    \/* Use custom arrow *\/\r\n    .frame form#contact .select .select-text {\r\n      appearance: none;\r\n      -webkit-appearance: none\r\n    }\r\n\r\n    .frame form#contact .select:after {\r\n      position: absolute;\r\n      top: 18px;\r\n      right: 10px;\r\n      \/* Styling the down arrow *\/\r\n      width: 0;\r\n      height: 0;\r\n      padding: 0;\r\n      content: '';\r\n      border-left: 6px solid transparent;\r\n      border-right: 6px solid transparent;\r\n      border-top: 6px solid rgba(0, 0, 0, 0.12);\r\n      pointer-events: none;\r\n    }\r\n\r\n\r\n    \/* LABEL ======================================= *\/\r\n    .frame form#contact .select-label {\r\n      color: rgba(255, 255, 255, 0.8);\r\n      font-weight: normal;\r\n      font-size: 16px;\r\n      position: absolute;\r\n      pointer-events: none;\r\n      left: 15px;\r\n      top: 10px;\r\n      transition: 300ms ease all;\r\n    }\r\n\r\n    \/* active state *\/\r\n    .frame form#contact .select-text:focus~.select-label,\r\n    .frame form#contact .select-text:valid~.select-label {\r\n      color: var(--primary);\r\n      top: -14px;\r\n      left: 5px;\r\n      font-size: 12px;\r\n    }\r\n\r\n    .frame form#contact .select-text:focus,\r\n    .frame form#contact .select-text:valid {\r\n      border-color: transparent !important;\r\n    }\r\n\r\n    \/* BOTTOM BARS ================================= *\/\r\n    .frame form#contact .select-bar {\r\n      position: relative;\r\n      display: block;\r\n      width: 100%;\r\n    }\r\n\r\n    .frame form#contact .select-bar:before,\r\n    .frame form#contact .select-bar:after {\r\n      content: '';\r\n      height: 2px;\r\n      width: 0;\r\n      bottom: 1px;\r\n      position: absolute;\r\n      background: var(--primary);\r\n      transition: 0.2s ease all;\r\n    }\r\n\r\n    .frame form#contact .select-bar:before {\r\n      left: 50%;\r\n    }\r\n\r\n    .frame form#contact .select-bar:after {\r\n      right: 50%;\r\n    }\r\n\r\n    \/* active state *\/\r\n    .frame form#contact .select-text:focus~.select-bar:before,\r\n    .frame form#contact .select-text:focus~.select-bar:after,\r\n    .frame form#contact .select-text:valid~.select-bar:before,\r\n    .frame form#contact .select-text:valid~.select-bar:after {\r\n      width: 50%;\r\n    }\r\n\r\n    .frame form#contact .select-highlight {\r\n      position: absolute;\r\n      height: 60%;\r\n      width: 100px;\r\n      top: 25%;\r\n      left: 0;\r\n      pointer-events: none;\r\n      opacity: 0.5;\r\n    }\r\n\r\n    @media (min-width:0px) and (max-width:567px) {\r\n      .frame {\r\n        width: 96% !important;\r\n      }\r\n\r\n      .frame form#contact .autodata ul#companySearchResult li {\r\n        font-size: 16px;\r\n      }\r\n\r\n      .frame form#contact .autodata ul#companySearchResult li,\r\n      .frame form#contact .autodata ul#citySearchResult li {\r\n        font-size: 14px;\r\n      }\r\n\r\n      .frame form#contact div.multi-inputs {\r\n        flex-direction: column;\r\n        gap: 0;\r\n      }\r\n\r\n      #contact {\r\n        padding: 10px 15px !important;\r\n        transition: opacity .5s ease, transform .5s ease;\r\n        display: flex;\r\n        flex-direction: column;\r\n      }\r\n\r\n      .frame form#contact .group {\r\n        margin: 10px 0 !important;\r\n      }\r\n\r\n      .frame form#contact .btn.btn-submit {\r\n        align-self: center !important;\r\n        width: 100% !important;\r\n      }\r\n\r\n    }\r\n  <\/style>\r\n\r\n<div class=\"container\">\r\n        <div class=\"frame\">\r\n            <form id=\"contact\" action=\"https:\/\/crm.zoho.com\/crm\/WebForm\" name=\"WebForm778470000035380591\" method=\"POST\" onsubmit=\"javascript:document.charset='UTF-8'; return checkMandatory()\" accept-charset=\"UTF-8\">\r\n                <h3><strong>Car Loan @ 8.10%*<\/strong><\/h3>\r\n                <h2>Apply Now &amp; Get Instant Approval<\/h2>\r\n                <input type=\"text\" style=\"display:none;\"\r\n                    name=\"xnQsjsdp\" value=\"d6defc94b02bcb3bf52a5c3ad2e81b3508d60e51952b815de4dc225022111d15\">\r\n                    <input type=\"text\" style=\"display:none;\" name=\"xmIwtLD\" value=\"dd6f9e66bc53a4c26ad52253ec8ca252e3be99b5c457a4a9fca3f778c0293f8c\">\r\n                    <input type=\"text\" style=\"display:none;\" name=\"actionType\" value=\"Q3VzdG9tTW9kdWxlMQ==\">\r\n                    <input type=\"text\" style=\"display:none;\" name=\"returnURL\" value=\"http:\/\/www.magicloans.in\/thank-you\/\">\r\n\r\n                    <div class=\"multi-inputs\">\r\n                        <div class=\"group\">\r\n                            <input id=\"NAME\" name=\"NAME\" type=\"text\" tabindex=\"1\" required=\"\" autofocus>\r\n                            <span class=\"highlight\">\r\n                            <\/span><span class=\"bar\"><\/span>\r\n                            <label>Full name<\/label>\r\n                        <\/div>\r\n\r\n                        <div class=\"group\">\r\n                            <input id=\"COBJ1CF11\" name=\"COBJ1CF11\" type=\"text\" tabindex=\"2\" minlength=\"10\" maxlength=\"10\" required=\"\">\r\n                            <span class=\"highlight\">\r\n                            <\/span><span class=\"bar\"><\/span>\r\n                            <label>Mobile number<\/label>\r\n                        <\/div>\r\n                    <\/div>\r\n\r\n                    <div class=\"multi-inputs\">\r\n                        <div class=\"group\">\r\n                            <div class=\"input-group autodata\">\r\n                                <input id=\"COBJ1CF171\" name=\"COBJ1CF171\" type=\"text\" tabindex=\"3\" required=\"\">\r\n                                <ul id=\"citySearchResult\" style=\"display: none;text-align:left;\"><\/ul>\r\n                                <span class=\"highlight\"><\/span>\r\n                                <span class=\"bar\"><\/span>\r\n                                <label>City<\/label>\r\n                            <\/div>\r\n                        <\/div>\r\n\r\n                        <div class=\"group\">\r\n                            <input id=\"COBJ1CF63\" name=\"COBJ1CF63\" type=\"text\" tabindex=\"4\" minlength=\"5\" required=\"\">\r\n                            <span class=\"highlight\">\r\n                            <\/span><span class=\"bar\"><\/span>\r\n                            <label>Monthly Income<\/label>\r\n                        <\/div>\r\n                    <\/div>\r\n\r\n                    <div class=\"multi-inputs\">\r\n                        <div class=\"group\">\r\n                            <div class=\"select\">\r\n                                <select class=\"select-text\" name=\"COBJ1CF21\" tabindex=\"5\" required=\"\">\r\n                                    <option value=\"\" disabled selected><\/option>\r\n                                    <option value=\"Salaried\">Salaried<\/option>\r\n                                    <option value=\"Self Employed\">Self Employed<\/option>\r\n                                <\/select>\r\n                                <span class=\"select-highlight\"><\/span>\r\n                                <span class=\"select-bar\"><\/span>\r\n                                <label class=\"select-label\">Occupation Type<\/label>\r\n                            <\/div>\r\n                        <\/div>\r\n\r\n                        <div class=\"group\">\r\n                            <div class=\"select\">\r\n                                <select class=\"select-text\" name=\"COBJ1CF33\" tabindex=\"5\" required=\"\">\r\n                                    <option value=\"\" disabled selected><\/option>\r\n                                    <option value=\"New\">New Car<\/option>\r\n                                    <option value=\"Used\">Used Car<\/option>\r\n                                <\/select>\r\n                                <span class=\"select-highlight\"><\/span>\r\n                                <span class=\"select-bar\"><\/span>\r\n                                <label class=\"select-label\">Car Type<\/label>\r\n                            <\/div>\r\n                        <\/div>\r\n                    <\/div>\r\n\r\n                    <div class=\"multi-inputs\">\r\n                        <div class=\"group\">\r\n                            <div class=\"select\">\r\n                                <select class=\"select-text\" name=\"COBJ1CF48\" tabindex=\"5\" required=\"\">\r\n                                    <option value=\"\" disabled selected><\/option>\r\n                                    <option value=\"Personal\">For Personal Use<\/option>\r\n                                    <option value=\"Commercial\">Commercial Use (Uber, Ola, Taxi etc.)<\/option>\r\n                                <\/select>\r\n                                <span class=\"select-highlight\"><\/span>\r\n                                <span class=\"select-bar\"><\/span>\r\n                                <label class=\"select-label\">Car Purpose<\/label>\r\n                            <\/div>\r\n                        <\/div>\r\n\r\n                        <div class=\"group\">\r\n                            \r\n                        <\/div>\r\n                    <\/div>\r\n\r\n                    <button type=\"submit\" class=\"btn btn-submit\" tabindex=\"5\">Get Me The Best Offer<\/button>\r\n\r\n                    <input type=\"hidden\" name=\"COBJ1CF4\" id=\"COBJ1CF4\" value=\"Web Lead\">\r\n                    <input type=\"hidden\" name=\"COBJ1CF3\" id=\"COBJ1CF3\" value=\"Fresh\">\r\n                    <input type=\"hidden\" name=\"COBJ1CF158\" id=\"COBJ1CF158\" value=\"MagicLoans\">\r\n                    <input type=\"hidden\" name=\"zc_gad\" id=\"zc_gad\" value=\"\">\r\n                    \r\n                <script>\r\n                    var mndFileds = new Array('NAME', 'COBJ1CF11');\r\n                    var fldLangVal = new Array('Full Name', 'Mobile');\r\n                    var name = '';\r\n                    var email = '';\r\n        \r\n                    function checkMandatory() {\r\n                        for (i = 0; i < mndFileds.length; i++) {\r\n                            var fieldObj = document.forms['WebForm778470000035380591'][mndFileds[i]];\r\n                            if (fieldObj) {\r\n                                if (((fieldObj.value).replace(\/^s+|s+$\/g, '')).length == 0) {\r\n                                    if (fieldObj.type == 'file') {\r\n                                        alert('Please select a file to upload.');\r\n                                        fieldObj.focus();\r\n                                        return false;\r\n                                    }\r\n                                    alert(fldLangVal[i] + ' cannot be empty.');\r\n                                    fieldObj.focus();\r\n                                    return false;\r\n                                } else if (fieldObj.nodeName == 'SELECT') {\r\n                                    if (fieldObj.options[fieldObj.selectedIndex].value == '-None-') {\r\n                                        alert(fldLangVal[i] + ' cannot be none.');\r\n                                        fieldObj.focus();\r\n                                        return false;\r\n                                    }\r\n                                } else if (fieldObj.type == 'checkbox') {\r\n                                    if (fieldObj.checked == false) {\r\n                                        alert('Please accept  ' + fldLangVal[i]);\r\n                                        fieldObj.focus();\r\n                                        return false;\r\n                                    }\r\n                                }\r\n                                try {\r\n                                    if (fieldObj.name == 'Last Name') {\r\n                                        name = fieldObj.value;\r\n                                    }\r\n                                } catch (e) { }\r\n                            }\r\n                        }\r\n                    }\r\n        \r\n                <\/script>\r\n            <\/form>\r\n        <\/div>\r\n    <\/div>\r\n<\/p>\n<h3 style=\"text-align: justify;\">All about Car Loan Ludhiana<\/h3>\n<p style=\"text-align: justify;\">Nowadays, owning your dream car is not at all a hectic method as it can be quickly obtained using a Car Loan. Cars are more than a passion for people. They are inevitable assistants in the busy modern schedule. But the prices of vehicles are not affordable for every person. However, Car Loans have come up with the most suitable solution for financing.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone wp-image-9590 size-full\" src=\"http:\/\/magicloans.in\/wp-content\/uploads\/2019\/12\/download.jpg\" alt=\" Car Loan Ludhiana \" width=\"216\" height=\"233\" \/><\/p>\n<h3 style=\"text-align: justify;\">Eligibility Criteria for Car Loan Ludhiana<\/h3>\n<h4 style=\"text-align: justify;\">Self Employed Candidates:<\/h4>\n<p style=\"text-align: justify;\">Firstly, the income of the candidate should be more than Rs. 30,000.<\/p>\n<p style=\"text-align: justify;\">Also, his age should be more than 30.<\/p>\n<p style=\"text-align: justify;\">Furthermore, if the applicant\u2019s age is not 30, then he can have a co-applicant whose age needs to be more than 25.<\/p>\n<p style=\"text-align: justify;\">Lastly, the candidate must have been in business for more than 2 years.<\/p>\n<h4 style=\"text-align: justify;\">Salaried Candidates:<\/h4>\n<p style=\"text-align: justify;\">Firstly, the income of the salaried client needs to be more than Rs. 25,000.<\/p>\n<p style=\"text-align: justify;\">Next, the age of the client should be more than 21.<\/p>\n<p style=\"text-align: justify;\">Lastly, the salaried applicant should be working for at least 2 years with a minimum1 year with the current employer.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n<h3 style=\"text-align: justify;\">Eligibility for different individuals<\/h3>\n<h4 style=\"text-align: justify;\">Private Employees:<\/h4>\n<p style=\"text-align: justify;\">If the salary of the individual is more than Rs. 25,000, then the loan is given on a 100% ex-showroom price.<\/p>\n<h4 style=\"text-align: justify;\">Government Employees:<\/h4>\n<p style=\"text-align: justify;\">If the government employee has his own house and has a good CIBIL score, then the credit is given on 100% on road price.<\/p>\n<h4 style=\"text-align: justify;\">Internal Customer:<\/h4>\n<p style=\"text-align: justify;\">1oo% on road loan is given if the client is from HDFC, Yes Bank or Axis bank.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n<h3 style=\"text-align: justify;\">Interest rate of Car Loan Ludhiana<\/h3>\n<p style=\"text-align: justify;\">Banks charge different interest rates, and these are:<\/p>\n<p style=\"text-align: justify;\">Firstly, the interest rate charged on amount 1-3 lakhs is 10.26%.<\/p>\n<p style=\"text-align: justify;\">Further, For the amount of 3-10 lakhs, the interest rate is 10%.<\/p>\n<p style=\"text-align: justify;\">Also, the interest rate of 9.25% is charged by the banks on the amount of credit from 10-20 lakhs.<\/p>\n<p style=\"text-align: justify;\">Lastly, for the amount above 20 lakhs, the interest rate is 9.75%.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n<h3 style=\"text-align: justify;\">Foreclosure charges:<\/h3>\n<p style=\"text-align: justify;\">If the client closes his loan before the tenure of 2 years, then the bank charges up to 4%. Also, there will be no Foreclosure charges if the applicant pays the loan after 3 years.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n<h3 style=\"text-align: justify;\">Documentation for Car Loan Ludhiana<\/h3>\n<p style=\"text-align: justify;\">Following documents are needed in case the client has their own house:<\/p>\n<h4 style=\"text-align: justify;\">Salaried Applicants<\/h4>\n<p style=\"text-align: justify;\">Id Proof: Pan Card, Aadhar Card, Voter ID card<\/p>\n<p style=\"text-align: justify;\">Income Proof: 3 months service slip<\/p>\n<p style=\"text-align: justify;\">Address Proof: Electricity Bill, Telephone Bill \/ Aadhar Card<\/p>\n<p style=\"text-align: justify;\">Bank Statement: 6 months of bank statement<\/p>\n<p style=\"text-align: justify;\">Car quotation<\/p>\n<h4 style=\"text-align: justify;\">Self Employed<\/h4>\n<p style=\"text-align: justify;\">Id Proof: Pan Card, Aadhar Card, Voter ID card<\/p>\n<p style=\"text-align: justify;\">Income Proof: 3 months service slip, 2 years ITR (which must be of Rs. 2.5 lakhs or more per year)<\/p>\n<p style=\"text-align: justify;\">Address Proof: Electricity Bill, Telephone Bill \/ Aadhar Card<\/p>\n<p style=\"text-align: justify;\">Bank Statement: 6 months of bank statement<\/p>\n<p style=\"text-align: justify;\">Following documents are required in case the customer is living in a rented house:<\/p>\n<h4 style=\"text-align: justify;\">Salaried<\/h4>\n<p style=\"text-align: justify;\">All the documents are the same as stated above, and you just need to have an additional rent agreement.<\/p>\n<h4 style=\"text-align: justify;\">Self Employed<\/h4>\n<p style=\"text-align: justify;\">All the documents are same; the customer only needs to have a rent agreement as an additional document.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n<h3 style=\"text-align: justify;\">Benefits of Car Loan Ludhiana<\/h3>\n<p style=\"text-align: justify;\">First of all, banks offer car loan for 5-7 years so that the client can choose the tenure as per his\/her convenience.<\/p>\n<p style=\"text-align: justify;\">Also, you can easily apply online for a car loan with <a href=\"http:\/\/www.magicloans.in\/\">magicloans.in<\/a>.<\/p>\n<p style=\"text-align: justify;\">Next, the interest rate can be negotiated if the customer has a good CIBIL score.<\/p>\n<p style=\"text-align: justify;\">Moreover, the client does not need to keep any collateral with the bank. The car itself is the security for the bank.<\/p>\n<p style=\"text-align: justify;\">The client can freely choose the type of interest rate, which can be floating or fixed.<\/p>\n<p style=\"text-align: justify;\">Furthermore, the procedure for claiming the car loan is straightforward and simplified.<\/p>\n<p style=\"text-align: justify;\">Lastly, the client can modify the car according to his\/her wish and use the car without any hesitation.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n<h3 style=\"text-align: justify;\">Additional Information<\/h3>\n<p style=\"text-align: justify;\">Firstly, the applicant needs to have a CIBIL score above 700.<\/p>\n<p style=\"text-align: justify;\">Also, the loan is given for tenure of 60 months to 84 months.<\/p>\n<p style=\"text-align: justify;\">The minimum amount of credit that can be claimed by the client is Rs. 1 lakh.<\/p>\n<p style=\"text-align: justify;\">Also, car Loan is not given to constables.<\/p>\n<p style=\"text-align: justify;\">Clients having CIBIL 0, 1, -1 are good customers.<\/p>\n<p style=\"text-align: justify;\">Lastly, if the instalment got bounced, then the bouncing amount charged by the bank will be doubled for that particular month.<\/p>\n<p style=\"text-align: justify;\">\n<p style=\"text-align: justify;\">\n<h3 style=\"text-align: justify;\">Car Loan for the Agriculturist<\/h3>\n<p style=\"text-align: justify;\">The agriculturist clients need to have 3-5 acres of land for the loan amount of Rs. 1-10 lakhs and the interest rate charged on this credit amount is 65%- 75%.<\/p>\n<p style=\"text-align: justify;\">If the client has more than 20 acres of land, then he can avail a loan of Rs. 10 lakh, and above and the interest rate charged by the bank will depend on the income of the client and the ITR filed by him.<\/p>\n<p style=\"text-align: justify;\">\n<h3 style=\"text-align: justify;\">About Ludhiana<\/h3>\n<p style=\"text-align: justify;\">Ludhiana is a city district in the Punjab state of India. It situated on the old bank of River Sutlej. Also, it is Punjab&#8217;s largest city.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>All about Car Loan Ludhiana Nowadays, owning your dream car is not at all a hectic method as it can be quickly obtained using a Car Loan. Cars are more than a passion for people. They are inevitable assistants in the busy modern schedule. But the prices of vehicles are not affordable for every person.&hellip;&nbsp;<a href=\"https:\/\/magicloans.in\/car-loan-ludhiana\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Car Loan Ludhiana<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/319"}],"collection":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/comments?post=319"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/319\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}