Are you planning to buy your dream car in Mumbai? Finding the right car loan provider in Mumbai can make the process easy and stress-free. At Soni Money World, we offer fast and hassle-free car loans with competitive interest rates and minimal documentation. Whether you are looking for a new or used car loan, we ensure quick approvals and flexible repayment options to suit your financial needs.
Why Choose Soni Money World for Car Loans in Mumbai?
Quick Loan Approval: Get instant approval with minimal paperwork.
Low-Interest Rates: Competitive interest rates starting from 8.50% per annum.
Flexible Repayment Tenure: Choose a repayment period ranging from 1 to 7 years.
100% Loan Financing: Avail up to 100% on-road price financing for select car models.
Minimal Documentation: Simple and fast documentation process for faster loan disbursement.
The interest rates on car loans vary based on the borrower’s credit score, loan amount, and tenure. Here’s a quick breakdown of car loan interest rates in Mumbai:
Loan Type
Interest Rate (p.a.)
New Car Loan
8.50% – 12.00%
Used Car Loan
10.50% – 15.00%
Documents Required for Car Loan Approval
To ensure a smooth loan application process, you need to submit the following documents:
For Salaried Individuals:
Identity Proof: PAN Card, Aadhaar Card, or Passport
Address Proof: Electricity Bill, Rental Agreement, or Aadhaar Card
Income Proof: Last 3 months’ salary slips and bank statements
Employment Proof: Form 16 or Employment Certificate
Car Proforma Invoice (for new car loans)
For Self-Employed Individuals:
Identity & Address Proof (same as salaried individuals)
Income Proof: ITR filings for the last 2 years
Bank Statements: Last 6 months
Business Proof: GST Certificate, Business Registration
With our easy and fast car financing solutions, Soni Money World ensures that you get the best loan offers in Mumbai. Low-interest rates, quick approval, and minimal documentation make us your trusted partner in car financing. Contact us today and make your dream of owning a car a reality!
