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HDFC Bank Car Loans

Submitted by admin on February 5, 2010 – 5:55 pmNo Comment

HDFC Bank provides car loans up to 95% of the ex-showroom price of the car. Loan tenure can be extended up to 7 years which makes it easier to repay. HDFC Bank is one among the top financier for car loans in India.

HDFC Bank Car Loans help you realize your dream of owning a car of your own. HDFC Car Loans are available for both new cars as well as used cars.

For New Cars HDFC  Bank offers loan amount Up to 100% of the ‘on road’ cost on few selected car models and a loan of up to 95 % on the ‘ex-showroom price’ with a minimum loan amount limit of Rs. 1,00,000.

For Used Cars HDFC bank offers loan amount Up to 90% of the valuation amount of the car with a minimum loan amount limit of Rs. 75,000.

The minimum age for applying HDFC Car Loan is 21 and the maximum age at the time of maturity of the loan is 60 years for salaried individuals and 65 years for self-employed.

HDFC Bank offers various channels to apply for a car loan.You can either apply the car loan online through their official website or by calling HDFC Bank Customer Care to meet an HDFC representative or you can also visit your nearest HDFC Bank branch or SMS the car loan request to HDFC Bank.

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