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Explore the car loan schemes offered by the hdfc bank at affordable rates and flexible loan terms. Find the details regarding these car loans india, there benefits, features and processing.
Hdfc bank is one of the prominent names in offering financing solutions at competitive rates of interests and flexible plans. You don?t have to wait for long time as this application of car loan gets processed within 48 hours. For this car finance, guarantor is not needed until and unless applicant is eligible for the loan as per the standard norms and rules.

Applicants just need to fill an online application form and representatives of the bank will get in touch with applicants as soon as possible. It is not necessary to hold an account with the bank as the car loan india can be availed to the applicants without holding an account. HDFC offers numerous options to choose from that turns out to be convenient for applicants. Following are the detailed descriptions of hdfc bank car loan schemes are offered:

Past re-payment history: This special loan scheme is offered to the customers who have good credit history. Eligible customers who have taken the loan and repaid it back successfully without any outstanding can apply for the loan with this scheme at attractive car loan interest rates.

No income document loan plan: As its name suggests, under this financial solution, proof of income is not required. In this, only 60 %of the invoice value can be borrowed and its tenure period is of 3 years.

100% loan plan with fixed deposit lien: Under this plan scheme, 100% loan value can be borrowed against the fixed deposit lien placed in the HDFC bank. Installments can be paid separately or out of the deposit.

Advantage platinum credit card plan: This is another special loan scheme offered by hdfc bank in which if applicant has any one of credit card, then he or she is eligible to apply for the loan. For this loan, card should be one year old and tenure period will be allotted up to 3 years.
Following are the benefits of HDFC car loans:

? Covers the widest range of cars and multi-utility vehicles in India
? Avail 100% finance on your favorite car
? Flexible repayment options, ranging from 12 to 84 months
? Borrow up to 3 times your annual salary (for salaried professionals) and 6 times your annual income (for self-employed professionals)
? Speedy processing ? within 48 hours
? Repayment with easy EMIs
? Attractive car loan plans
? Attractive Interest rates
? Hassle-free documentation