Car loan

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Car loan

Car loan on YONO is envisaged as one-stop solution for applying for loan, Covering existing Bank customers (salaried and non salaried customer categories) under self service mode.

Features

  • Instant In-principle loan approval
  • 24X7 Loan approval capability
  • Longest Repayment Tenure (7 years)
  • Financing on ‘On-Road price’
  • Interest calculated on Daily Reducing Balance

Eligibility

  • Salaried - Net Annual Income of applicant and/or co-applicant if any, together should be a minimum of Rs. 3,00,000/-.
  • Self-Employed - Net Profit or Gross Taxable income of Rs. 3, 00,000/- p.a. (income of co-applicant can be clubbed together).

How to Avail 

  • Step1: Download & register/Login to YONO
  • Step2: In Hamburge (☰) menu click on loan
  • Step3: Click Car Loan and Apply Now
  • Step4: Complete the Application
  • Step5: Accept the terms and conditions and Lead generated

Download YONO SBI

Last Updated On : Monday, 07-03-2022

Interest Rates

8.50%* p.a. onwards

w.e.f. 05.04.2024

*T&C Apply.

 

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