Salaried Individual
Above 21 years of age but below 58 at the time of the loan's maturity
Gross annual salary above Rs 1 lakh p.a
Self-Employed Individual
Any Proprietor, partner, professional or director above 21 years of age but below 65 at the time of the loan's maturity
Gross annual income above Rs 60,000 p.a. for a standard car and above Rs 1 lakh p.a. otherwise.
Partnership Firm
Firm should have a minimum PAT (profit after tax) income of Rs 60,000 for a standard car and above Rs 1 lakh otherwise
Private / Public Ltd. Co.
Limited companies should have been in existence for at least 2 years Minimum PAT (profit after tax) of Rs 60,000 for a standard car and above Rs 1 lakh otherwise
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