TVS Credit Car Loans

TVS Credit Services Limited is part of the $5 Billion TVS Group. TVS Credit Services was incorporated on November 5, 2008 with a clear focus on financing buying of used cars.

It leverages its network of over 2500 TVS Motor Company dealerships and operates around 20 branch offices to source its business. It is a preferred loan provider for brands like TVS, TAFE and Eicher. TVS credit to its credit has serviced over 5 lakh satisfied customers.

Documentation needed to apply for an ICICI Bank Car Loan

1. Signed application form with a photograph
2. Photo ID & age proof
3. Proof of Residence
4. Last 6 months bank statement
5. For salaried:
  • Last 3 months salary – slips
  • Form 16 or Income Tax Returns
6. For self-employed:
  • Last 3 years Income Tax Returns with Income computation
  • Last 3 years Audited Balance Sheet and P&L Account

Features & benefits of TVS Used Car Loans

TVS Credit offers used car loans for salaried individuals, self-employed individuals, proprietorship or partnership firms and private or public limited companies. The car loans offered have some great features and benefits:

TVS Credit has a niche market services and much greater flexibility as it services to people taking used car loans on agricultural income or based on their past repayment record.

  1. Eligible for all cars manufactured in India, pre-defined age limit (of cars).
  2. Easy paperwork and fast processing and disbursals.
  3. Flexibility to offer loans to a very wide income group
  4. Higher loan eligibility—Upto 15 times of gross monthly income.
  5. Loan Tenure of up to 48 months.