Auto loan

Why choose  Richi Loans and Financial Services for Auto Loan?

Buying a car in India for personal or business use these days is an expensive affair. It requires solid financial funding to purchase one. So, to help you cover the cost of purchasing a vehicle we at Richi Loans and Financial Services present to you an Auto Loan that meets your requirement.

So our primary goal is to provide you with quick hassle free approvals, lowest minimum interest rates in India, and present to you an array of trusted networks of Banks & NBFCs.

If buying a vehicle in India today is your dream, do not waste time and visit us at Richi Loans and Financial Services and get the Best Auto Loan in Mumbai today.

Eligibility:

• For Salaried Individuals – 21 to 60 years, Self-Employed Individuals – 21 to 65 years, and Businesses/Firms – Minimum 3 years of business operation

• For Salaried Individuals – Minimum monthly income of ₹15,000 – ₹25,000 ( depends on lender)

• For Self-Employed Professionals- Minimum annual income of ₹2-3 lakhs (as per ITR)

• For Businesses/Firms – Stable business income with ITR proof of at least 2-3 years

• Typically, a High CIBIL Score of 700+ is preferred for quick approval and lower interest rates. However, an individual with a Low Credit Score may still get a loan with higher interest rates or a guarantor.

• Salaried – Minimum 1 year of employment (6 months with the current employer). Self-Employed – Minimum 2-3 years of stable business operations.

Documents:

• Identity Proof – Aadhaar, PAN, Passport, or Voter ID.

• Address Proof – Utility bills, Aadhaar, Passport, or Rental Agreement.
• Income Proof – Salary slips (for salaried), ITR + bank statements (for self-employed).
• Business Proof – GST certificate, ITR filings, business registration (for self-employed/businesses).
• Car-related Documents – Proforma invoice from the dealer (for new cars).

Why Choose Us?

• Best Deals, Tailored for You

We analyze multiple lenders for the most competitive offers

• Over 90% Approval Rate

Our expertise ensures a higher success rate

• Independent & Transparent

No hidden charges, unbiased financial advice

• Seamless Process

From documentation to disbursement, we handle everything

• Expert-Led Advisory

Ex-bankers and finance professionals guiding you