Venkatesh Motors

Finance

Venkatesh Motors

Used Car
Loan Eligibility & Documents

Eligibility for a pre-owned car loan depends on the individual appraisal and the product, and all loans are given at the sole discretion of the company. The basic eligibility criteria are as below:

 

Salaried Individuals:

  • All Indian residents
  • Minimum age of 21 years
  • Maximum age of loan maturity at 60 years
  • Income requirement as per the vehicle model, vehicle age and repayment tenure

Self Employed:

  • Minimum age of 21 years
  • Maximum age of loan maturity at 65 years
  • Minimum employment of at least 1 year in the business
  • No age bar for partnership firms, Pvt. Ltd. and Ltd. companies

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