New India Finance Co.| Services :: New & used car Loan :: company offers comprehensive range of loans services for Corporate Finance, Commercial Vechicle & Real Estate & Mortgages and Infrastructure Project & Structured Finance.

New/Used Car Loans

Too many car buyers overlook the importance of financing a car properly. In truth, getting the right Car loan, at a good interest rate, is the best way to cut car-related costs. Here’s how you go about getting your vehicle.

There are also finance companies which are associated with dealers and manufacturers. There are various finance schemes available with the most common ones being Zero per cent finance and Attractive rate of interests. There are also attractive flat interest schemes available.

We are New India finance Co. offer Car loans which suits your requirments.
We provideUpto 100% Car loans (For New car)*. We finance New Cars up to 100% of the value of the car.
We also have customised products for Women and Senior citizens.
New india finance co. offer Drive home your dream car with the help of our Car Loan in Moradabad, Low interest Rate in Moradabad for New Car Loan. Pay the lowest EMI

Used Car Loan

We offer finance on Used Car at attractive interest rates!

Owning a car can still be a reality with our loans for used cars. Easy approvals, convenient payback options and attractive interest rates make sure you enjoy the luxury of driving a four wheeler.

You will experience a speedy, hassle-free process with no hidden costs. You will deal only with our employees who are of high integrity and extremely customer friendly. Used Car Loan Interest Rate (Reducing) Find good condition second hand car loan in Moradabad.

LOAN AMOUNT for Used Car Loan

S.No. Transaction Type Description Quantum of Loan

1 Pre- Owned Borrower Purchasing the Vehicle from owner(selling Party)/Broker/ Pre-owned Dealers Up to 85% on Purchase price of the Vehicle or Valuation Report by SF Panel surveyor (Whichever is Lower)

2 Used Vehicle Vehicle in Borrower’s Name – After New India Finance Co. Loan based on our Grid value.. @twitter

*Terms & Conditions Apply Sufficient Insurance IDV must

Age of the Vehicle eligible for Used Car Loan:

Easily highlight new or unread items with the .badge class

Age of Vehicle during Completion of Loan Make 10 Years Maruti, Honda, Hyundai, Toyota 8 Years Others Make

Normal Eligibility Criteria:

Minimum age of applicant: 18 years (Salaried) and 21 years (Self Employed)

For Salaried Employees: Should have worked for one year in the current company

For Self Employed: Should have been at least 2 years in the business

Minimum Loan Amount generally given is Rupees One Lakh

Documentation Required for Car Loans:

For Salaried Individual:

Address Proof (any of the following documents):
House Lease/ Leave & License agreement, Ration card, Driving license, House Tax chalan, Housing Society bill, Voter card, Passport, Telephone bill, Electricity bill, Water Tax chalan, Wireless Landline bill, Credit Card Statement, Post Paid Mobile bills (2 bills required one bill of the last completed month and one which is 6 months before the last completed month).

Identity Proof
(any of the following documents): Passport, Photo Credit Card, PAN Card, Voter Identity card, Driving license, Employee ID issued by Government of India/ PSU/ Limited companies, Local Panchayat Identity card, Notary certification with Photograph. Form 16 with latest Salary slips. Income Proof: Latest salary slips with the Form 16 document.

For Self Employed:

Address Proof:
The documents collected towards identity proof to reflect the current address of the concern/firm

Identity Proof(any of the following documents):
Passport, PAN Card, Voters Identity card, Driving license, Latest Sales Tax assessment order, Sale Tax registration certificate

Income Proof:
Latest Income Tax Return

For Partnership Firms:

Address Proof:
The documents collected towards identity proof to reflect the current address of the concern/firm

Identity Proof(any of the following documents):
Partnership deed, Shop & Establishment Act certificate, Latest Sales Tax assessment order, Sale Tax registration certificate.

Income Proof:
Audited Balance Sheet, Profit & Loss Account (latest two years) and the latest 2 years IT returns of the firm.

For Limited / Pvt. Ltd. Companies:

Address Proof:
The documents collected towards identity proof to reflect the current address of the concern/firm

Identity Proof:
Memorandum and Articles of Association (with registration certificate)

Income Proof:
Audited Balance Sheet, Profit & Loss Account (latest two years) and the latest 2 years IT returns of the firm.

S.No.	Transaction Type	Description	Quantum of Loan
1	Pre- Owned	Borrower Purchasing the Vehicle from owner(selling Party)/Broker/ Pre-owned Dealers	Up to 85% on Purchase price of the Vehicle or Valuation Report by SF Panel surveyor (Whichever is Lower)
2	Used Vehicle	Vehicle in Borrower’s Name – After New India Finance Co. Loan based on our Grid value..	@twitter
		*Terms & Conditions Apply	Sufficient Insurance IDV must