Overview

Get the car you like to buy, the easiest way you want it with Jayamfinserv online loan portal’s fast Car Loan approval, which is easier to get from a lender bank

You just own your dream car on this good day – the one you have always been waiting for? Jayamfinserv online portal offers to apply for a Car Loan from reputed lender banks quickly and comes with exclusive features like 100% financing on select cars on the road price, it has flexible and easy EMI repayment tenure and financially friendly EMI so that the borrower gets a dream car they want, in a matter of hours!

Jayamfinserv offer applicants to easily apply for a car loans from leading banks. Car loan can be applied to both salaried and self-employed. What’s more, we not only help you raise the amount but also we assist a car loan applicants in finding their dream car and the right the best dealer with best offers. So, what are you waiting for? Apply for your dream Car Loan today!

Instant New Car Loan

If you are looking to get into the speed lane as soon as possible to get your dream car, the Jayamfinserv loan portal has come up with a car loan application facility tailor-made for you. Apply for a car loan which is an instant Car Loan process provided by the leading banks.

• Instant disbursal of loan
• 24/7 Online Loan
• Negligible Paperwork

Loan Amount

Get a car loan up to INR 5 crore on a wide range of brand new cars and multi utility cars

Enjoy 100% finance from the on-road price of car**

Top Up Loans

Previous ongoing car loan (new or old) customers can get a top-up loan with no documentation required

Flexible Repayment Tenure

Jayamfinserv online loan portal giving an opportunity for the car loan applicant’s Flexible repayment tenures from 12 months to 84 months an easy EMI method

Quick and easy Processing and Approval

End-to-end brand new Car Loan process documentation can happen now in just 30 minutes!

Enjoy the best and most transparent, quick, and easy loan process that is entirely paperless and digital.

PURPOSE

Car Loan can be availed by individuals for personal use:

Purchase of Old four wheeler, not older than three years

Purchase of a New two wheeler

Purchase of a New four wheeler

Car Loan can also be availed by private sector Companies / Firms for professional use i.e. purchase of a car for usage by their Managing Directors, directors, managers/employees.

Pros:

New car loans usually have a lower rate of interest compared with older ones.

It is much easier to avail of a car loan from leading lender banks.

Since it comes under the secured loan, an individual with a minimum credit score is also likely to be eligible for the loan to buy a car.

The car which is purchased through the loan itself acts as a security against the loan.

Cons:

The Applicant or borrower will be required to provide a down payment.

The car, bike or any other car will be hypothecated to the bank or private lender and you will receive the complete ownership only after all payments have been made. No objection certificate (NOC) will be provided only after the completion of all loan tenures and pending’s.

Salaried :

Minimum required age of the loan applicant: 21 years

The Maximum age of the car loan applicant (At loan Maturity time): 70 years/retirement age whichever is earlier.

Minimum Annual Income should be Rs.2,40,000/- to apply for a car loan

Income proof: Salary Slip, Form 16/ ITR, Bank statement showing salary credit

Self-Employed Professionals :

Minimum required age of the car loan applicant: 21 years

Maximum age of the car loan applicant should be: (At loan Maturity): 70 years

Minimum 2 years in the business or profession

Income proof: for Last 2 years with computation of income / certified financials, Balance Sheet, P & L A/c, Bank statement

The Equated Monthly Installments (EMIs) that borrowers of a car loan will pay depend on a few key factors.

The processing fees

The tenure of the loan

The size of the loan

The interest rate that is applicable to the loan