car loan

Call us on 9878981166


 

Nowadays, buying a car has become a dream for every common man. Limited income and overbearing expenses do not allow a common man to buy his favorite car. A Used Car Loan is a convenient scheme that allows a person to bring home a vehicle. Get easy funding to drive your dream car home.

 

“Save your precious time. No frequent visits to any bank. We will assist you in getting the Best Used Car Loan to buy your dream car. The Best Used Car Loan according to your needs will knock at your door. Avail Used Car Loan without any hectic procedure and cherish your life with the thrilling and breathtaking ride of your dream car.”

 

 

What is Used Car Loan?

 

Everyone aspires to have a car to live a luxurious life. A car has become a necessity, so it doesn’t matter whether it is new or a used one. The market of second-hand cars is gaining popularity day by day and touching the peak of Everest. The low prices of Used Cars attract people, as they want to maintain their budget. Purchasing a Used Car has become easy with the help of Used Car Loan. Banks and NBFCs provide Used Car Loan with a simple and hassle free process. 

 

Why should one choose a Used Car Loan in Andhra Pradesh

  • Loan approvals in 24 hours
  • Attractive interest rates
  • Finance up to 75-85%of the car's value  
  • Choose any car available in India
  • Repay your Loan with easy EMIs Flexible repayment option(s), which ranges from 12 to 60 months
  • Car model should not be older than 5 years from the present time
  • Hassle free loans - no post dated cheques required
  • Easy and simple documentation.

Eligibility Criteria for Car Loan

  • Minimum age: 21 years
  • Maximum age at loan maturity: 65 years
  • Minimum employmentFor Salaried 1 year in current employment and minimum 2 years of employment / For Self- Employed at least 3 years in business
  • Minimum Annual IncomeFor Salaried Rs 100000 net annual income / For Self- Employed Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
  • Telephone: Must at residence.

 

Documents you will need to submit

  • Proof of Identity: Passport copy, PAN Card, Voters ID card, Driving License( Laminated, Recent, Legible
  • Income Proof: For Salaried Latest salary slip with form 16 / For Self- Employed Latest ITR
  • Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy PAN Card
  • Bank Statement:: Last 6 months
  • RC/Insurance of the Car.

Interest Rates:

Banks/Rates

New Car Loan Interest Rate (Reducing)

Used Car Loan  Interest Rate (Reducing)

Processing Fee

Get The Best Offers

HDFC Bank

10.00% - 11.00%

13.99% - 15.50%

Rs. 999 to Rs. 4300

Apply Now

Axis Bank 

10.25% - 11:25%

14.50% to 16%

Rs. 3500 to Rs. 5500

Apply Now

Bank of Baroda 

10.75%

N.A.

0.75% Up to 15 Lac

Apply Now

Kotak Mahindra Bank 

11.50% - 13.50%

17% - 20%

Rs.3300 to Rs.4750

Apply Now

Punjab National Bank 

10.75% to 11%

NA

0.5% to 1.5%

Apply Now

State Bank Group 

10.50%

17.05% to 17.30%

0.50%

Apply Now

ICICI Bank

10.50% to 11.75%

16.50% to 18.00%

Rs.2500 to Rs.5000

Apply Now

Bank of India 

10.50% to 13.50%

13.50% to 14.50%

0.50% to Rs.25000

Apply Now

Canara Bank 

12.50% Fixed

N.A

0.10% of Loan Amount

Apply Now

Corporation Bank 

13.75%

N.A

0.50%

Apply Now

 

 

About Andhra Pradesh

 

Andhra Pradesh is one of the 28 states of India, situated on the country's southeastern coast. It is India's fourth largest state by area and fifth largest by population. The capital and largest city of Andhra Pradesh is Hyderabad.

 

 

 

Leading Auto Loan Providers in Andhra Pradesh (Click to Apply)

Axis Bank Car Loan

ICICI Bank Car  Loan

HDFC Car Loan

Other Banks

 

 

REMINDER SERVICES EMI CALCULATOR

CAR LOAN INTEREST RATES

 

 

 

 

 

 

 

Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as an information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly.