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NRI Car Loan eligibility criteria
The loan is generally provided at a cost, referred to as interest on the debt, which provides an incentive for the lender to engage in the loan.
Eligibility for the NRI- [Only Registered users can see links . Click Here To Register...] includes the following: Guarantor must be an NRI. Applicant must be a resident Indian. Both Applicant & Guarantor, should be of an age between 21-65 years. Loan must be repaid before the guarantor reaches the age of 65. Borrower must be physically fit and must possess a driving license or must be in a position to engage a driver. Guarantor should fulfill the following conditions: Possess a valid Indian passport. Maintain a steady source of income. Be employed abroad for at least two years. Hold a valid job contract / work permit. |
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