When you take out a car loan from a financial institution, you receive your money in a lump sum
the borrower agrees to repay the loan amount in full, as well as any interest (a percentage of the loan amount, calculated on a yearly basis), by a certain date, usually by making monthly payments. Car loans follow most of the same rules and procedures that apply to other loans
The minimum amount that we can borrow is $ 5,000 (USD) and a maximum loan amount of $ 2,000,000 (USD). In whatever type of loan you choose, we promise to offer you our maximum support
You can apply for the loan in any currency of your choice.
Note: The amount you can borrow from us depends on your total monthly income. For those who do not have a means of income, we can arrange a special loan for you also.
Car loan can be categorized under personal loan also.
It can be categorized under car loan or business loan. It is a loan collected to start-up a transportation business or improve an already existing company
|Age Limit||The applicant should be min 21 years & max. 65 years.|
|Income||Business should be profit making at least for the past 3 years|
|Turnover||$5000 p.a. should be the minimum annual income|
|Co-applicants||Business should be profit making at least for the past 2 years|
|Audited||We accept only audited financials by CA.|
|Cash flow||On the other hand, we denounce with righteous indignation.|
|Type of the Business||Proprietorship, Partnership, Pvt.Ltd. or Public Ltd.|