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Auto Loan
IIDFC provides car loan mostly to corporate entity. The product line includes vehicle for company business purpose as well as car for company high officials and employees.
Loan tenure varies from 3 (Three) to 5 (Five) years.
Year model of Car must not be older than 5 (Five) years from manufacturing year.
Finance amount may be extended up to 80% of vehicle’s value depending on loan tenure and year model.
Generally repayment through monthly or quarterly installments.
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