BALANCE TRANSFER AND TOP-UP CAR LOAN FEATURES & BENEFITS
With Allfin Solutions, you can transfer the balance of your existing car loan and arrange a top-up loan to meet your working capital needs. The process of transferring your car loan is painless, rapid and hassle-free.
High-value loans made affordable
Get loans up to 160% of your car's valuation, with a maximum amount of Rs. 20 lakh.
Allfin Solutions offers the funds at an attractive interest rate to ensure that your EMIs are light on your pocket.
Easy EMI
Repay the loan at your convenience with an attractive range of tenor options
Faster processing time
Allfin Solutions approves your loan application instantly and disburses the funds to your bank account within 48 hours.
Get serviced at your doorstep
Post application, you can get the documents collected at your doorstep making the process hassle-free for you.
Special pre-approved offers
As an existing customer, you get access to a host of pre-approved offers.
Premium services
Enjoy special services like car insurance and life insurance, financial fitness report, GPS tracker facility and more at an additional cost.
- EST. 2007 -
Trusted Financial Services in Chennai
Balance Transfer and Top-up
For Your Car Loan
BALANCE TRANSFER CAR LOAN ELIGIBILITY
Salaried Individuals:
Minimum 21 years of age at the time of applying for the loan, and no older than 60 at the end of the loan tenor.
Individuals who have had a job for the minimum period of 1 year and earning at least Rs. 20,000 per month.
The vehicle should have a minimum repayment track record of 11 months.
Self-employed Individuals:
This includes self-employed sole proprietors with a minimum age of 25 years at the time of applying for the loan, and no older than 60 at the end of the loan tenor.
Individual ITR of minimum Rs 2,50,000 and 2 years of ITR required.
The vehicle should have a minimum repayment track record of 11 months.
DOCUMENTS REQUIRED
You would need to submit the following documents along with the completed application form:
Salaried
Statement of bank account for last 6 months.
2 passport size photographs
Proof of Identity
Address Proof
Income Proof: Latest Salary Slip, Form 16
I.T. Returns or Form 16 for the last 2 years.
Proof of Identity : - (Copy of any one) Passport / PAN Card / Voters ID card / Driving License etc. Address Proof :- (Copy of any one) Ration card/Driving License/Voters ID card/Passport / Telephone Bill / Electricity bill / Life Insurance policy
Form 16/ITR is waived for our Salary Package customers who are maintaining their salary account with the Bank for minimum 12 months.
Statement of Bank Account (For six months) is waived for our Salary Package customers who are maintaining Salary account with us.
Non-Salaried/ Professional/Businessman
Statement of bank account for last 6 months.
2 passport size photographs
Proof of Identity
Address Proof
Income Proof: ITR for last 2 years
I.T. Returns or Form 16 for the last 2 years.
Audited Balance sheet, P&L statement for 2 years, Shop & establishment act certificate / sales tax certificate / SSI registered certificate / copy of partnership.
