What Is The Pre-Owned Car Loan Eligibility For A Self-Employed Person?
We have kept our Used Car Loan eligibility for self-employed very simple so that a maximum number of people can benefit from our loan. To be eligible for a Pre-Owned Car Loan, self-employed individuals just need to meet the following Used Car Loan eligibility criteria:
- Age: The applicant should be between 24 and 60 years of age.
- Residency: Directors/Partners/Proprietors must have Indian citizenship.
- The applicant with an annual income of up to ₹10 Lakh must have a business vintage of at least 24 months.
- The applicant with an annual income of ₹10 Lakh – ₹ 75 Lakh must have a business vintage of at least 60 months.
Please note that the above-mentioned Used Car Loan eligibility requirement is indicative. We may require additional information at the time of loan processing.