Car Loan Churachandpur

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Buy your dream Car

Rates as low as 8.75%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

About Car Loan Churachandpur

Car Loan Churachandpur

We offer you an attractive interest rate and amazing offers on the Car Loan. Apply online from anywhere and we are available in your service to help you in making your dream come true. Lowest interest rate and affordable EMI. Speedy approval and quick disbursement.

Why Choose Car Loan Churachandpur

Interest Rates

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Collateral Required

Hypothecation of the car

Loan Tenure

1 Yr to 5 Years

Max Funding

Upto 90% of Car Value

Pre-Closure Charges

0 % to 4 % of the outstanding loan amount

Documentation for Car Loan Churachandpur

1.  Income proof: Need to submit your salary slips for the last three months and the statements of your bank account for the last six months. For self-employed people, the requirement is to submit the audited bank account statements for the last six months.

2.  Employment Proof: Need to submit a copy of the appointment letter and a certificate of employment issued by your company. For self-employed individuals, the partnership deed or business establishment documents need to be submitted.

3.  Tax Proof: Need to submit the IT return or Form 16 documents for the last two years.

4.  Address Proof: Any government sanctioned KYC document can be submitted as proof of residence.

5.  Age Proof: Any government sanctioned KYC document can be submitted as proof of age.

1. Credit history: The interest rate depends on the credit history you have built in past years, the high cibil score will not only help you in getting a loan but will also empower you with strong bargaining power.

2. Income level: Higher the income better are the chances for the approval of a higher loan amount.

3. The amount of down payment: Higher the down payment made lesser will be the amount that the bank will have to lend you. As a result, the bank’s risk will go down. Also, it shows that your financial position is sound. You may get a loan at a lower interest rate from the bank.

4. Tenure of the loan: Car loan is generally available for the tenure of up to 7 years.  It is generally seen that banks charge a higher interest rate for a loan of the shorter time period and vice versa. Longer tenors will enhance repayment capacity.

5. Car model and age: It is necessary for the bank to consider the car model in deciding the interest rate as on sale every model may not fetch the expected price. New cars are more easily financed than used cars; a high-end model will be expensive which means the borrower has to be able to pay the required down payment.

The City of Churachandpur is the biggest district in the state of Manipur, India.


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CAR LOAN INTEREST RATE

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Why Choose Car Loan in Churachandpur

Why Choose Car Loan in Churachandpur

Why Choose Car Loan in Churachandpur

Why Choose Car Loan in Churachandpur

Why Choose Car Loan in Churachandpur

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