Best Banks for Car Loan in Perambalur

Car Loan Perambalur Features

If you are a resident of Perambalur and want to own your dream car but don’t have the funds for it, you have come to the right place! Dialabank acts as a mediator between various banks and you to get a car loan tailor-made for your financial condition for both brand-new and second-hand cars, for a tenure ranging from 1 to 7 years. In Perambalur, you can get access to a wide range of appealing features  when it comes to a car loan:

• Car loans are available at low-interest rates, which may vary from bank to bank.
• Almost all major banks and NBFCs offer car loans in Perambalur in your vicinity
• Good CIBIL scores make your documentation process is quick and hassle-free
• Car loans are easily available through Dialabank.

Car Loan Perambalur Interest Rates

To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Car Loan Interest Rate Online

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Car Loan Perambalur Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

1. Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
2. Income Proof: Latest 3-month salary slip with form 16
3. Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
4. Bank Statement: Last 6 months.

For Self Employed Individuals:

1. Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
2. Income Proof: Latest ITR
3. Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
4. Bank Statement: Last 6 months.

Car Loan Perambalur Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried Applicants

1. Minimum age: 21 years
2. Maximum age at loan maturity: 60 years
3. Minimum employment: 1 year in current employment and a minimum of 2 years of employment
4. Minimum Annual Income: Rs.100000 net annual income

For Self-Employed Applicants

1. Minimum age: 30 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: At least 3 years in business
4. Minimum Annual Income: Net profit Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Perambalur

TABLE WILL APPEAR

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Processing Fees / Prepayment Charges on Car Loan in Perambalur

CIBIL Score Required for Car Loan in Perambalur

The CIBIL score is referred to as what defines your ability to pay off your credits. A higher Credit score means good credit history and makes your car loan application process smooth and easy, on the other hand, a lower score might charge you a higher interest rate.

If you have a bad credit history, the fastest way you can improve it is by taking short-term small amount loans and repaying them on time. These might charge you higher interest rates.

While a score of 650 is considered ‘fair’, banks and NBFCs consider a credit score of 750 and above as a good score to approve your processing of Car Loan Perambalur. This score may again vary from bank to bank. Thus, a CIBIL score is an important factor in a car loan.

Apart from the CIBIL score, the foundation also checks the history of your previous loans. If they found any delay payments of your previous loans, then your car loan application might be disapproved.

Car Loan Perambalur Agent Contact Number

In case of any queries regarding the car loan in Perambalur, you may dial up the number 9878981166 for any sort of assistance!

Pre Calculated EMI Table for Car Loan Perambalur

Car Loan EMI Calculator Perambalur

 EMI Calculator

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About Perambalur

Perambalur is located in the state of Tamil Nadu and has a lot of mythological significance. It is also known for its famous Perambalur Sugar Mills, the National Fossil Wood Park, where you can see myriad species of flora including conifers, and the Rajankudi Fort.

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