Best Banks for Car Loan in Devakottai
Car Loan Devakottai Features
Everyone wants to own a car to fulfil the needs of his/her loved ones. Purchasing a Car requires a huge amount. To buy your dream car, you can opt for Auto Financing. It is an easy process of getting a loan on the Lowest Interest Rates and Affordable EMIs. You can pay for the vehicle in easy instalments. We will assist you in availing the best Car Loan.
Some of the features of car loan Devakottai are:
- Up to 90-95%% of the funding available for new cars.
- Equated Monthly Instalment is worked out for repayment.
- The loan period is usually between 1 to 7 years.
- Early settlement of the pending amount is available subject to the pre-payment penalty.
- Up to 80-85%% of the funding available for used cars
- The interest rate is calculated on the basis of compound interest.
Car Loan Devakottai Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Car Loan Devakottai Documents Required
For Salaried Individuals:
- Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed Individuals:
- Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest ITR
- Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Devakottai Eligibility Criteria
For Salaried Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment
- Minimum Annual Income: Rs.100000 net annual income
For Self-Employed Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: At least 3 years in business
- 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 Devakottai
TABLE WILL APPEAR Apply for a Car LoanProcessing Fees / Prepayment Charges on Car Loan Devakottai
CIBIL Score Required for Car Loan in Devakottai
CIBIL score plays a key role while getting the loan application processed and thereby availing a fresh loan.
If your Cibil score lies near to 750, then there are more chances for you to get the quick loan approvals. Whereas, if in case, the CIBIL score is less than 700 then your application might have to suffer. So, it is recommended to check your CIBIL score before you apply for the loan.
If you pay your EMIs in time then your Cibil score will be increased. In case you fail to repay the instalment, your CIBIL score will be reduced to a certain extent. The applicant has to pay monthly EMIs according to the schedule of the respective bank.
Car Loan Devakottai Agent Contact Number
For loan queries regarding the car loan in Devakottai, reach us at Dialabank or contact us on 9878981166.
Pre Calculated EMI Table for Car Loan Devakottai
Car Loan EMI Calculator Devakottai
About Devakottai
Devakottai is one of the major cities comes under the Chettinad area with a rich heritage of houses built with limestone called Karai Veedu in the state of Tamil Nadu, India. This Region is one of the towns in Chettinad belt. This place is famous for its ancient temple Sri Meenakshi Sundareswarar temple, also known as Nagara Sivan Kovil. The town is known for its rich culture where the community of Nagarathars has great importance. The Kandar Sasti Vizha, a festival for the rich culture of Devakottai, has been continuously conducted by Kandar Sasti Vizha Kazhagam for the past 68 years at the Nagara.
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Table of Contents
- 1 Best Banks for Car Loan in Devakottai
- 2 Car Loan Devakottai Features
- 3 Car Loan Devakottai Interest Rates
- 4 Car Loan Devakottai Documents Required
- 5 Car Loan Devakottai Eligibility Criteria
- 6 Car Loan for Major Car Manufacturers in Devakottai
- 7 Processing Fees / Prepayment Charges on Car Loan Devakottai
- 8 CIBIL Score Required for Car Loan in Devakottai
- 9 Car Loan Devakottai Agent Contact Number
- 10 Pre Calculated EMI Table for Car Loan Devakottai
- 11 Car Loan EMI Calculator Devakottai
- 12 About Devakottai