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This step-by-step guide on how to get a car loan covers everything from determining your budget and credit score to shopping for the right car and lender, making it easier for you to navigate the process and get the best car loan deal.
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India’s largest online lending fintech platform* An interactive ecosystem empowering borrowers and lenders Digital Contactless Journey Digital approvals within 59 minutes and disbursements within 7-10 days Caters to the financial aspirations of enterprises (MSMEs) & individuals facilitating affordable loans in a quick & hassle-free manner Deeply integrated with multiple vendors to get authentic data from source Sophisticated algorithms & automation used to eliminate time-consuming & tedious processes Assists lenders in customer acquisition, disbursement & monitoring ensuring deeper customer penetration & improved Proposals processed with a rules-based engine built using banks’ eligibility criteria Strong partnerships with all public sector & multiple private sector banks *Credit Suisse Report on India Banks Sector (March 2019).
Auto Loan up to 1 Crore your new vehicle is just an hour away* *digital approval only. loan disbursal subject to sanction
Use of Auto Loan New car New two-wheeler Used/pre-owned cars and two-wheelers Electric cars and bikes
Why avail home loan from www.psbloansin59minutes.com Auto loans up to ₹1 crore Seamless integration with statutory bodies • Digital auto loan approval in less than 15 minutes • Sophisticated algorithms for matching of borrowers and lenders • Widest range of offers from 21+ banks/NBFCs • Simple process with single application • Fastest turn around time Real time decision making • Direct disbursement to applicant’s account Wide range of choices to ensure lowest interest rate on home loans • Saves you time and money Advanced digital platform with service-driven architecture
Process Flow Get digital approval for auto loan up to 1 crore in just 15 minutes. Follow these simple 5 steps:
Eligibility & Documentation • Any salaried or self-employed individual can apply and get an auto loan (car loans/bike loans) for up to ₹1 crore through PSB59. • Income Tax Returns (ITRs) - You will need to upload income tax return proof in XML format which can be downloaded from income tax portal. If you are not required to file income tax return, you can manually declare your income details for last year. Latest 1 year ITR is mandatory • Bank Statements - You will need to upload latest 6 month bank statements in PDF files, which can be downloaded from your bank's net banking portal or your bank's mobile app. • Other Details - Vehicle & loan requirement details.
For more information: • support@psbloansin59minutes.com • 079-41055999