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Quick Used Car Loan in Mumbai

If you are looking for Car Loan in Mumbai then let’s connect with Fynamics top Used Car Loan Provider in Mumbai. There are number of Banks and NBFCs in Mumbai, Gujarat. Which offer loans for entrepreneurs For example Kotak and Syndicate have 9 and 14 branches respectively in Mumbai. Generally rates of interest for a Car loan will be very from 10% to 15%. And mostly Business Loans are costly than the WCF loans. Fynamics is lead name for business loan & Business Finance provider in Maharashtra.

Our business is spread thought in different cities of Gujarat. If are you are planning for a business loan then you can easily get total assistance easily from our highly qualified assistance in Mumbai. We provide our best service so that you can easily get your loan for your business.

Loans up to 100 lakhs

  • we offer the highest ticket size of up to 100 lacs as Car Loan so that you can pursue your ambitions for your business. This is the highest ticket size that anyone offers in this category.

No Guarantors. No Collateral Required

  • No want to provide any Guarantors or any collateral to avail a business Loans.

Car Loan Interest Rates in Mumbai

If you’re running a business in Mumbai and searching for a loan to expand your business and meet your capital funding, availing associate unsecured Business loan are often smart possibility for you.

Many several BANKS and NBFCs in Mumbai that provide Business loans while no collateral to businessmen and SMEs.

business loan

What is the eligibility for a used car loan?

The eligibility criteria for used car loans vary from one lender to another. Here are some basic eligibility criteria that most financial institutions have:

  • Applicant ages of 21 years and 65 years.
  • The applicant should have a credit score of 700 and above.
  • Applicant minimum annual income of Rs. 4 lakh+.
  •  salaried or a self-employed individual.
  • Type of business: Proprietorship, Partnership, Private Limited or Public Limited

Documents Required for Used Car Loan in SMumbai

1 Photograph of Co-ApplicantYesYes
Income DocumentIT Returns, Balance Sheet & P/L Account statement for the last 2 years with AnnexureIT Returns, Balance Sheet & P/L Account statement for the last 2 years with Annexure
Bank Account StatementsFor last 12 monthsFor last 3 months
KYC documents of Co-applicantYesYes
Business ProofCertificate of PracticeMOA, AOA/ Partnership Deed/ Shop Act License