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Reliance Car Loan

  • Drive yourself to bigger things

    With auto finance options that are quicker and simpler, Reliance Car Loan makes owning that car you’ve always wanted a speed-bump-free experience.

    We recognise that your choice set of wheels might be a spanking new car, or a sturdy pre-owned one that has stood the test of time – which is why we offer both, used car finance, as well as new car loans.

    Our auto loans truly go that extra mile for you. We also consider the ‘on-road value’ of the vehicle for funding, which means our car financing also covers insurance and road tax*.

    Tenors up to 7 years, the option to avail of security on an already-owned vehicle and a balance transfer facility make for a smooth journey to your dream car.

    Don’t just drive; drive to your biggest dreams.

    Reliance Car Loans – Features and Benefits

    The benefits you receive on our loans:-

    1. Simple and hassle free documentation .
    2. You get quicker access to the money owing to our speedy disbursals at multiple locations.
    3. You can pay back loans upto a period of 84 months
    4. The repayment of loans will be tailor-made to suit your requirement (balloon, bullet, step down, step up or equated ) – terms and conditions apply.
    5. The mode of repayment too has been made most convenient for you as we accept payments through cheques and electronically.
    6. The loans we offer are on “on-road value”, which means that we cover not just the insurance but also the road tax – terms and conditions apply.
    7. You can avail of up to 85% finance on used cars for any car with age not exceeding 5 years – terms and conditions apply.
    8. Special ‘No income document’ program .

    Reliance Car Loans – Eligibility

    Eligible Applicants

    Applicants eligible to apply for an auto loan are :

    Salaried individual
    Self-Employed individuals
    Proprietorships
    Partnerships
    Private Limited companies
    Limited Companies
    Trusts

    Eligible Cars
    All cars included in the LTV matrix, as published from time to time, are Eligible Cars.

    Reliance Car Loans – Documentation

    Document Age Address Property Ownership Identity Signaturetity
    Passport Copy
    Photo Driving License with DOB
    Voters ID Card
    PAN Card
    Photo Ration Card With DOB
    Electricity Bill
    Telephone Bill

    Reliance Car Loans – Fees and Charges

    Particulars Car Loans
    New Used
    Processing Fees* Upto 1.5% of the loan value or Rs. 5500/- whichever is higher. Upto 1.5% of the loan value or Rs. 5500/- whichever is higher.
    Cheque Bounce Charges Rs.650 Rs.650
    Late Payment Charges 3% p.m. on unpaid EMI 3% p.m. on unpaid EMI
    Cheque Swapping Charges Rs.500 per swap Rs.500 per swap
    Asset Verification Charges Rs.350 Rs.350
    Published on August 2, 2010 · Filed under: Car Loan, Reliance Car Loan;
    2 Comments

2 Responses to “Reliance Car Loan”

  1. looking for preowned car loan

  2. i am looking for preowned car loan

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