New Car Loan Features

Features and Benefits of our New Car Loan

• Competitive Interest Rates: People Grow Financial Solution offers new car loans with competitive and attractive interest rates, ensuring affordability for borrowers.
• High Loan-to-Value Ratio: Borrowers can benefit from a high loan-to-value (LTV) ratio, allowing them to finance a significant portion of the new car's value through the loan.
• Flexible Loan Tenure: People Grow Financial Solution provides flexible loan tenure options, allowing borrowers to choose a repayment period that aligns with their financial situation and preferences.
• Quick and Streamlined Approval Process: People Grow Financial Solution ensures a quick and efficient loan application process, with streamlined approval procedures, facilitating a seamless experience for borrowers.
• Customised Loan Solutions: Borrowers can access personalised loan solutions, tailored to meet individual needs and financial capabilities, ensuring that the new car loan aligns with specific requirements.
• Transparent Terms and Conditions: People Grow Financial Solution maintains transparency in loan terms and conditions, with no hidden fees or surprises, providing clarity to borrowers throughout the loan process.
• Additional Benefits: Depending on the loan program, People Grow Financial Solution may offer additional benefits such as special interest rate promotions, zero or low processing fees, and insurance packages, enhancing the overall value for borrowers.

Eligibility Criteria for New Car Loan

The following outlines the general eligibility criteria established by financial lenders for individuals seeking a New Car Loan:

• Citizenship & Age: Exclusive to Indian citizens, applicants must be a minimum of 18 years old at the time of application, and the loan term should conclude by the age of 75 years.
• Maximum Tenure: The loan tenure can extend up to 15 years, with repayment concluding by the age of 60 years.
• Monthly Income: There is no predefined minimum monthly income requirement.