Car Loan Modasa

Best Banks for Car Loan in Modasa

Car Loan Modasa Features

The main purpose of our company Dialabank is to make a car loan procedure easier for you and help you avail an offer that is the best fit for your financial condition. A car loan is a means of funding provided by banks and NBFCs to the applicants at an affordable rate of interest to aid them in buying a car, whether new or used. You can also get access to many features in Modasa.

• Car loans are available at low-interest rates, which may vary from bank to bank so make sure you compare and choose wisely.
• Car loans in Modasa are offered by all banks and NBFCs in your vicinity
• The documentation process is quick and efficient
• Car loans are easily available through DialaBank. we make sure our customers get the best facilities!

Car Loan Modasa Interest Rate

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

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Car Loan Modasa Documents Required

Documents required for car loan are as followed:

For salaried:

• Passport copy, PAN Card, Voters ID card, or any other form of identity proof
• The latest 3-month salary slip with form 16
• Anyone address proof
• 6 months of bank statements.

For self-employed:

• Passport copy, PAN Card, Voters ID card or any other form of identity proof
•  ITR filing proofs required
• Anyone address proof
• 6 months of bank statements.

Car Loan Modasa Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried Individuals:

• The age of the car loan applicant should be a minimum of 21 years.
• The maximum age should not exceed 60 years.
• A minimum of 1-year tenure in current employment and a previous total of 2 years of total employment is essential.
• Rs 100000 income per annum at least.

For Self-employed Individuals:

• The age of the applicant should lie between 30-65 years.
• At least 3 years of business operating is necessary.
• Rs. 60000 p.a net profits for standard cars and Rs.100000 p.a. for higher-range cars are essentially required

Car Loan for Major Car Manufacturers in Modasa

TABLE WILL APPEAR

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Processing Fees & Prepayment Charges on Car Loan Modasa

CIBIL Score Required for Car Loan in Modasa

The CIBIL score is referred to as the ability with which you pay off your credits in the past and is based on your repayment history all over the years. A higher credit score means that you are punctual and show that you a trustworthy creditor, and this can get you a loan easily on low-interest rates. Thus, a CIBIL score is an important factor in a car loan.

While most banks consider 650 to be a ‘fair’ score, a score of 750 and above is necessary for a smooth application.

If you have a bad credit score, i.e. less than 600, you can help secure a loan by various methods such as taking a secured loan (by offering a collateral property), or by showing some rented utilities under your name, such as a rented apartment.

Car Loan Modasa Contact Number

In case if you have queries regarding the car loan in Modasa, you may contact us on the number 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Car Loan Modasa

Car Loan EMI Calculator

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