• You can apply for a car loan if your age is atleast 21 years or
• A minimum income of Rs.1,50,000/- annually.
• Running an organization with minimum turnover of Rs. 4,50,000 per
• Should have a landline at both office and residence.
• A minimum of work experience of 2 years with atleast one year of
experience with the current employer.
• You can also apply if your annual income is Rs.180,000/- inclusive of your
spouse’s income if he or she is the co-applicant.