Money Finance
Bangalore 560022 moneyfinanceservice@gmail.com

Office Address

  • No 1503 40/41 MKK Road 11th C Cross 1st Floor Bangalore - 560022
  • moneyfinanceservice@gmail.com
  • +917022573176

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Our Features

Car Loan

Loan of up to ₹ 47 Lakh

3 Unique
Variants

Tenure of up to 72 months

Minimal Documentation

Explore Car Loans with Money Finance Service

At Money Finance Service, we understand the significance of car loans in fulfilling your transportation needs. A car loan from Money Finance Service provides a tailored financial solution, allowing you to acquire a vehicle with ease. This form of financing enables you to make a partial upfront payment for the car, with the remaining amount paid in manageable installments over an agreed-upon period. Our loans are structured considering your income, credit history, and the vehicle’s value, ensuring flexibility and affordability in repayment. Trust Money Finance Service to support you in achieving your goal of vehicle ownership while maintaining financial stability.
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Features Of Car Loan

Flexible Financing Options

Access immediate funds with customizable loan amounts and fixed interest rates.

Convenient Repayment Plans

Enjoy convenient monthly installments and potential tax benefits.

Vehicle Ownership Simplified

Choose from options for new or used cars with ownership from day one.

Credit Building Opportunities

Improve credit score through timely payments without the need for full upfront payment.

Eligibility Requirements for Car Loans

  • Primary Factors for Eligibility : Car loan approval hinges on your income, credit score, and existing financial commitments, which collectively indicate your ability to repay the loan.
  • Bank-specific Requirements : Lenders generally seek applicants aged between 21 and 65 years, with a minimum monthly income of approximately INR 20,000, and a history of stable employment.
  • Importance of Credit Score : A credit score of 650 or higher is typically necessary to establish your reliability and creditworthiness to potential lenders.
  • Criteria for Salaried and Self-employed Individuals : Salaried applicants must meet specified minimum annual income thresholds, which may include combined earnings with a spouse or co-applicant. Self-employed individuals need to demonstrate business stability and sufficient income levels to qualify for a car loan.

Documents required to apply for Car Loan

Valid Photo ID Proofs for KYC Verification
PAN Card Submission Required
Last 2 years' Income Tax Returns (ITR) as Income Proof
Proof of Signature Verification
Latest 3 Months' Salary Slips for Income Verification
Latest 6 Months' Salary Account Statements for Financial Assessment

Enquiry Form

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