Å KODA Bank

Eligibility

Salaried Individual

Particulars

Car value

(up to 10 lacs)

Car value 

(10 lacs -20 lacs)

Car value 

20 lacs and above

Age CriteriaMinimum age 21 years oldMinimum age 21 years oldMinimum age 21 years old
Income CriteriaGross annual income of at least Rs. 2.00 lacs.Gross annual income of at least Rs. 5.00 lacs.Gross annual income of at least Rs. 10.00 lacs.
Job / Business StabilityMinimum 3 yearsMinimum 3 yearsMinimum 5 years
LTV (%)Upto 90%Upto 90%Upto 90%

Self - Employed Individual

Particulars

Car value

(up to 10 lacs)

Car value 

(10 lacs -20 lacs)

Car value 

20 lacs and above

Age CriteriaMinimum age 21 years oldMinimum age 21 years oldMinimum age 21 years old
Income CriteriaGross annual income of at least Rs. 1.00 lacs.Gross annual income of at least Rs. 3.50 lacs.Gross annual income of at least Rs. 5.00 lacs.
Job / Business StabilityMinimum 2 yearsMinimum 5 yearsMinimum 7 years
LTV (%)Upto 85%Upto 85%Upto 85%