Car Loan
At Bravima Solution, we understand that purchasing a car is a significant milestone. To make this journey seamless, we offer tailored car loan solutions in partnership with India’s leading Non-Banking Financial Companies (NBFCs).
Why Choose Bravima Solution for Your Car Loan?
Zero Percent Commission: Enjoy transparent financing with no additional commission fees, ensuring cost-effective access to your dream car.
Competitive Interest Rates: Benefit from attractive interest rates through our esteemed NBFC partnerships.
Flexible Loan Amounts: Finance up to 100% of the on-road price of your chosen vehicle.
Convenient Repayment Options: Select repayment tenures ranging from 12 to 84 months, tailored to your financial comfort.
Quick Processing: Experience a streamlined application process with fast approvals, putting you in the driver’s seat sooner.
Eligibility Criteria:
Age: Applicants should be between 21 and 65 years old.
Employment: Available to salaried individuals, self-employed professionals, and business owners.
Income: Minimum annual income criteria apply, varying by applicant profile.
Credit Score: A healthy credit history enhances approval chances.
How to Apply:
Online Application: Complete our user-friendly online form with your personal and financial details.
Documentation: Submit necessary documents, including identity proof, address proof, income proof, and bank statements.
Approval & Disbursement: Upon verification, receive prompt approval and disbursement of funds directly to the car dealer.
Documents Required:
Identity Proof: PAN Card, Aadhaar Card, Passport, or Voter ID.
Address Proof: Utility bills, rental agreement, or property documents.
Income Proof: Salary slips, IT returns, or audited financials.
Bank Statements: Statements from the past six months.
Drive home your dream car with Bravima Solution’s zero-commission car loans. Apply now and experience hassle-free financing tailored to your needs.
Frequently Asked Questions (FAQs)
Q1: What does zero percent commission mean for car loans?
A: Zero percent commission means that Bravima Solution does not charge any additional fees for facilitating your car loan. You only pay the loan-related charges determined by the NBFC.
Q2: Can I get 100% financing for my car?
A: Yes, in many cases, we can provide up to 100% financing on the on-road price of your chosen vehicle, subject to your eligibility and the lender’s terms.
Q3: What is the typical interest rate for car loans?
A: Interest rates vary depending on the NBFC, loan amount, and your profile. Rates usually start as low as 9.14% per annum. Contact us for personalized quotes.
Q4: How long does it take to get the loan approved?
A: With our streamlined process, most loans are approved within 24-48 hours, provided all documents are submitted correctly.
Q5: Can I prepay my car loan? Are there any charges for prepayment?
A: Yes, you can prepay your car loan. Prepayment charges, if any, depend on the NBFC. We will provide detailed terms at the time of loan approval.
Q6: What is the maximum tenure available for a car loan?
A: You can choose a repayment tenure ranging from 12 to 84 months, depending on your financial goals and eligibility.
Q7: Do I need to provide collateral or a guarantor?
A: Car loans are generally secured loans, with the vehicle itself serving as collateral. A guarantor is usually not required unless specified by the NBFC.
Q8: What happens if I miss an EMI payment?
A: Missing an EMI can impact your credit score and may incur late payment fees. We recommend contacting us or the NBFC immediately if you foresee any issues in repayment.
