Banks are willing to issue targeted loans for the purchase of a car. Obtaining a car loan frees a person from long-term accumulation of funds and allows him to use the car immediately after purchase. In order to obtain this type of loan, you must submit a certain list of documents and meet the requirements of banks.
It is necessary
- -passport or other identity document
- -INN
- - certificate of income 2-NDFL (not in all banks)
- - questionnaire - an application (of the established form is issued at the bank)
- - certificate of income of the spouse or spouse (not in all banks)
Instructions
Step 1
Each bank has its own specific car loan programs. They are usually more beneficial than other types of loans.
Interest rates vary from bank to bank. The loan amount is transferred to a plastic card issued by the bank. A detailed repayment schedule is issued.
Loan terms are different according to the client's choice. Some car models are given preferential loans.
Before applying for a loan, the car must have already been selected.
Step 2
Banks require car insurance for the entire loan repayment period.
Step 3
There are government subsidized auto loans. These are cars produced on the territory of the Russian Federation with the established list by the Ministry of Trade and Industry of the Russian Federation.
Step 4
There are also partner lending programs that involve car manufacturers.
Step 5
It is possible to provide loans for both new and used cars (no more than 5-10 years old). Domestic and foreign manufacturers.
Step 6
Borrower requirements:
- Age from 21 years old, at the time of maturity not older than 75 years. In some banks - not older than 60 years
-be a citizen of the Russian Federation
-have a permanent or temporary registration on the territory of the Russian Federation
-have a positive credit history in the general database
-work at one enterprise for at least 6 months before the day of crediting
-the total work experience must be at least 1 year in 5 years
- be solvent (the amount of earnings is confirmed by the 2-NDFL form, not in all banks)
Step 7
The interest rate depends on the credit history, down payment, and the car. The interest rate on the purchase of new cars will be lower than on the purchase of used ones.
Step 8
The government's concessional lending program has been extended for 2011. All banks take part in it. The state finances part of the amount when buying cars from domestic manufacturers.
Step 9
In some banks, documents for the car are kept in a safe until the loan is fully repaid. Others are limited to a copy of the documents.
