To get a car loan, you must submit the following documents - Age proof, ID proof, Application form, Photograph, Residence proof, Income proof, Bank statement, and Signature verification proof, among others.

Mostly, the tenure for a car loan is 1-5 years. However, in some cases, you can extend the loan repayment period to a maximum of 7 years. A longer tenure means that your EMI will be lesser.

There are possibilities for the financier to reject your loan application. The reasons may include a bad credit score, defaulting on your repayments, multiple rejection of applied loans, etc. Also, some financiers may have eligibility criteria that you need to meet to get your loan approved.