canara bank car loan
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Overview Of Canara Bank Car Loan
• Canara bank car loans are known as Canara Mobile – Vehicle.
• It is an exceptional loan service by Canara bank that gives ordinary Indians a chance to purchase a vehicle of their choice.
• Canara Bank car loans offer minimal documentation.
• Their low interest rates make monthly EMI even lower, thereby making it easier on the pocket.
For more details visit : https://WWW.letzbank.com/
Why Pick Canara Bank Car Loan?
• Canara Bank car loan is highly sought after for a variety of reasons.
• Canara Bank does not levy any pre-closure charges at all if you choose to pre-pay your car loan.
• Canara Bank has one of the lowest Interest rates in the retail car segment.
• Canara Bank has low EMI repayment structure.• By availing car loan from Canara Bank, you can
repay your car loan for a longer duration of up to 7 years.
For more details visit : https://WWW.letzbank.com/
5 car loan mistakes that cost you money
1. Negotiating the monthly payment rather than the purchase price.
2. Letting the dealer define your creditworthiness.
3. Making the wrong choice between cash rebate and low interest rate loan.
4. Rolling negative equity forward.
5. Financing the cost of add-ons that you can buy separately.
For more details visit : https://WWW.letzbank.com/
Canara Bank Car Loan Eligibility
• For Salaried
1. Minimum net yearly income should be a minimum of Rs. 3 lakhs.
2. The take home salary after deducting the proposed monthly EMI should not be less than 25% or Rs. 12,000 (whichever is higher).
• For Self Employed
1. Minimum net yearly income should be a minimum of Rs. 3 lakhs.
2. The take home income after deducting the proposed monthly EMI should not be less than 25% or Rs. 12,000 (whichever is higher).
For more details visit : https://WWW.letzbank.com/
Documents Required
• For Salaried
1. Proof of Identity.2. Proof of Age as well as a
picture identity proof.3. Residential Proof.4. Salary slip of last 3 months
and Form 16 or ITR.5. Last 6 months bank
statement.
• For Self Employed
1. Proof of Identity.2. Proof of age with photo
identification.3. Address Proof.4. Last 3 years IT Returns with
income calculation.5. Last 3 years audited balance
sheet and profit and loss statement.
6. Bank statement for the previous 6 months.
For more details visit : https://WWW.letzbank.com/
Canara Bank Car Loan EMI Calculator
• In order to get your monthly EMI break-up, simply use our EMI calculator located on Letzbank.
• You are required to enter the total loan amount, the total car loan tenure as well as the rate of interest per annum.
• When you enter this value, the EMI calculator will evaluate your EMI amount per month.
For more details visit : https://WWW.letzbank.com/
How to apply car loan through letzbank
Login to Letzbank.Click on car loan.Check your eligibility and compare the rates with our
Valuable Lender banks across the country.Enter your valid name, email id, mobile number and
submit your application.Sales executive from the respective bank will call
you.None of the applicants will be charged .
For more details visit : https://WWW.letzbank.com/
Contact UsLetzbank,Plot No. 4,, 1-98/8/9/A, Image Gardens Rd, Madhapur,500081 Hyderabad, Telangana,India.
040-48586878
For more details visit : https://WWW.letzbank.com/
