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Loans for car accessories in India |
| Carloanshub » Car Loans and Financing » Loans for car accessories in India |
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There are also banks and financial agencies that provide loans for car accessories in India. One important feature of performance and looks of the car, apart from the motor parts, are the car accessories. The modern accessories that can be used for modification of car models include both the car parts and frills.
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Some of the commonly used car accessories are the ding king, pulling bridge, hot glue gun, dent pulling tabs, sticks OEM paint safe glue, turning knob and many other things. Some people also apply the dent or the dings so that it could be visible under certain lighting conditions or angles.
The banks that provide loans for car accessories in India also cover insurance aspects. The insurance is not only covered for the car parts but also for helping the purchase of accessories that range in thousands. The insurance also covers up the security of these accessories.
For getting loans for car accessories in India, there are several necessary aspects that need to be covered. One such obligation is, the consumer must be a salaried individual or self-employed. Partnership firms can also apply for loans. Several other criteria includes:
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The borrower should be a minimum of 21 years.
- The maximum age limit is 58 years.
- He/She should have at least 1 year of employments in the present organization and a total work experience of at least 2 years till date.
- The annual income should be at least Rs 100000 or more.
- He/she must be the resident of India.
The common documents required for getting loans for car accessories in India include the following:
- Income Proof - Latest salary slip with form 16.
- Proof of Identity - Passport copy, PAN Card, Voters Id car, driving license (Laminated, Recent, Legible).
- Bank Statement - Not obligatory.
- Address Proof - Ration card, driving license, voters card, passport copy, telephone bill, electricity bill, life insurance policy, PAN Card.
Other aspects of loans for car accessories in India include flexible repayment options, ranging from 12 to 84 months. At least one should avail 100% finance on a particular accessory. While applying for loan, you can borrow up to 3 times of your annual salary and six times of the annual income. Several other features and benefits of loans for car accessories are also applied on the basis of purchase.
In order to collect information further on loans for car accessories in India browse through our web site carloanshub.com.
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