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BMW 3 Series

Price ₹ 69.20 Lakh

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Benefits On BMW 3 Series

Consumer Offer up to Rs. 33,000 . T&C’s Apply

Applicable on All Variants

Applicable city - New Delhi

Vali till - Jun 30, 2023

Description

The BMW 3 Series is a popular luxury compact car model from the German automaker BMW. It was first introduced in 1975 and has since become one of the brand's best-selling models. The BMW 3 Series is known for its sporty handling, powerful engines, and luxurious features.

The BMW 3 Series is an iconic line of compact executive cars that has been captivating drivers around the world for decades. Renowned for its sporty performance, luxurious features, and cutting-edge technology, the 3 Series has become a benchmark in the automotive industry.

Self Employed Individuals
Eligibility

We make your dream come true with minimal new car loan eligibility criteria. Helping you commute in your own dream car!
  • Income: Minimum ₹3 Lakhs per annum as per latest ITR
  • Age: 23 years to 65 years
  • Stability: Minimum 3 years’ business stability
  • Residence stability – 2 years in the city and 1 in the current residence/ no stability required in case of own house
Document details
  • Documents
    • Latest 2 years’ Income Tax Returns with IT computations
    • 3 months' Bank statements
    • Business Incorporation Certificate /Business Proof
Salaried Individuals
Eligibility

We make your dream come true with minimal new car loan eligibility criteria. Helping you commute in your own dream car!
  • Income: Minimum ₹2.5 Lakhs per annum
  • Age: 23 years to 60 years
  • Stability: Minimum 3 years’ employment stability and at least 1 year in the current employment
  • Residence stability – 2 years in the city and 1 in the current residence/ no stability required in case of own house
Document details
  • Income proof :
    • Latest - Form 16/ Income Tax Returns
    • Last 3 months' salary slips
    • Bank Statements – 3 months

Bank Name

Car Loan Interest Rates

Processing Fee

SBI Car Loan

8.60% p.a. onwards

New Car: Up to Rs.2,000

Axis Bank Car Loan

8.75% p.a. onwards

Minimum of Rs.3,500 and a maximum of Rs.12,000

Bank of Baroda Car Loan

8.70% p.a. onwards

Rs.2,500

Canara Bank Car Loan

8.80% p.a. onwards

0.25% of the loan amount, subject to a minimum of Rs.1,000 and a maximum of Rs.5,000

Federal Bank Car Loan

11.00% p.a. onwards

Contact the bank
FAQs

ualification criteria vary among lenders, but common factors include your credit score, income, employment stability, and debt-to-income ratio. Lenders assess these factors to determine your ability to repay the loan.

Generally, you will need to provide proof of identity, proof of income (such as pay stubs or tax returns), proof of residence, and your driver's license. Additionally, you may need to provide information about the vehicle you plan to purchase.

The amount you can borrow depends on several factors, including your creditworthiness, income, and the value of the vehicle you intend to purchase. Lenders typically have minimum and maximum loan amounts.