Thursday, February 14, 2008

Car Overdraft

Salaried Individual

Self-Employed Individual

Partnership Firm

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

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