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Car Loan


About Car Loan

One or two decades ago the number of cars on the road was very less. Only the rich used to possess a car. The car was considered to be a status symbol. Today, having a car is no longer a considered to be a luxury. It is more of a requirement than a thing of luxury. It is next to impossible to imagine our lives without a car. In fact in most of the houses, we will be able to see two to three cars in the parking area. Be it for the purpose of business of for personal reasons, having a car is a must for a comfortable and relaxed life. The immense rise in the number of money lenders has made the process of getting a car loan extremely easy and hassle-free. All you need to do is visit our website or download our app from the play store and in no time you will get the loan amount in your account. We will need some basic information like your car model and your salary or business turnover.

Car loans are applied for when someone is on the verge of buying a new car. He or she may or may not have cash crunch. It is not that only people with less money in their pockets opt for car loans. There are a number of other reasons people prefer to take a car loan rather than paying the entire amount in cash or one time cheque.

Opting for a car loan ensures that people don’t face budget constraints. Can loans are a beautiful concept that gives comfort to the pockets of car owners. They are able to enjoy the benefits of a car without having to pay the large sum at once. You own a car and keep paying for it in small bits. Also, you will not have to pay for the car from your savings. Again, if you pay using your savings you might be stuck by income tax officials as well.

Car loans are offered to individuals who desire to buy a car in India. Non residential Indian’s may also be eligible to opt for car loans after providing relevant details. You have to be more than 21 years of age and must not have crossed 65 years. And, last but not the least your salary or earnings should be good enough to repay the money you want to borrow. You should be salaried for the last 1 year or in business for at least 24 months.


If you want to opt for a car loan, contact Sugmya Finance. Why you ask?

  • Professional Advice – The intend of Sugmya Finance is not only to provide loans but also to provide the advice to ensure you buy loans best suited to your needs.
  • Hassle-Free Documentation – Sugmya Finance believes in comfort and convenience of customers. Unlike many financial institutes, we ask for minimum documentation.
  • On Time Money Transfer – We hate keeping our customers waiting. Therefore, transfer the loan amount as soon as possible.

Know more about the ease and convenience of opting for a loan from Sugmya Finance. Contact us now!

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