Car Loan Munger

Best Banks for Car Loan in Munger

Car Loan Munger Features

A car loan is a financial aid provided by banks and NBFC’s to fulfil your dream of having your own car. They provide the required necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car. Car Loan is a secured loan with easy repayment options available in the form of EMIs. The loan amount is offered on Interest charges which vary from lender to lender. For getting your dream car Car loan is the best option available. Car loan like any other loan requires certain eligibility criteria to be fulfilled before your application gets approved.

Car Loan Munger Interest Rates

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

Car Loan Munger Documents Required

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 Munger Eligibility Criteria

For Salaried Applicants

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 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: 21 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 Munger

Processing Fees / Prepayment Charges on Car Loan Munger

CIBIL Score Required for Car Loan in Munger

A CIBIL score is a score that describes your ability to repay your past loans efficiently and effectively. The minimum CIBIL score requirement for car loans in Munger vary from one bank to bank. So, maintaining a good CIBIL score is very important if you want to avail a car loan. Majorly the lending institutes accept a 750+ score to process your car loan but these may be higher or lower depending upon the individual requirements of the banks and NBFCs.

Car Loan Munger Contact Number

You may contact on the number 9878981166 or visit  Dialabank apply for your car loan in Munger or in case of any queries regarding the car loan process.

Pre Calculated EMI Table for Car Loan Munger

Car Loan EMI Calculator Munger

About Munger

Munger is a twin city and a Municipal Corporation located in Bihar, India. It is the administrative headquarters of Munger district and is the 11th largest city of Bihar by population. Historically, Munger is known for being an ancient seat of rule.

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