Car Loan Palladam

Best Banks for Car Loan in Palladam

Car Loan Palladam Features

Thinking of purchasing a new car? A car loan is here for your benefit. This method of funding or business help is given by banks and NBFCs to the applicants at an affordable rate of interest can assist you to buy any car you want, whether new or used. CIBIL score is a three-digit numeric showing a consumer’s credit account and credit profile.

As private vehicles have become a requirement, Dialabank has created a comfortable way for you to get a car loan quickly, along with appealing features such as:

• Car loans are accessible at low-interest rates, which may differ from bank to bank so make sure you analyze and choose wisely.
• Nearly all major banks and NBFCs give car loans in Palladam
• The documentation process is quick and hassle-free
• Dialabank makes sure that the customers get the best equipment and fulfill their fantasies.

Car Loan Palladam Interest Rates

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

Car Loan Palladam Documents Required

For Salaried Individuals:

• Proof of Identification: PAN Card, Voters ID card, Passport copy, Driving License
• Income Proof: Latest 3-month salary slip and form 16
• Residence Proof: Ration card / Driving license / Voters card / Telephone Bill / Electricity Bill / Life Insurance Policy / Passport Copy / PAN Card
• Bank Statement: Last 6 months.

For Self Employed Individuals:

• Identification Proof: PAN Card, Passport copy, Voters ID card, Driving License
• Income Proof: Latest ITR
• Address Proof(anyone): Ration card/ Voters card / Passport Copy / Telephone Bill / Electricity Bill / Driving license / Life Insurance Policy /PAN Card
• Bank Statement: Last 6 months.

Car Loan Palladam Eligibility Criteria

For Salaried Applicants

• Minimum age: 21 years
• Maximum age at loan maturity: 65 years
• Minimum employment: 1 year in modern employment and a minimum of 2 years of profession
• 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 marketing
• Minimum Annual Income: Net profit Rs. 60000 per annum for regular cars and Rs.100000 per annum for mid-sized and excellent cars

Car Loan for Major Car Manufacturers in Palladam

Processing Fees / Prepayment Charges on Car Loan Palladam

CIBIL Score Required for Car Loan in Palladam

As per the current scenario, consumers turn to credit cards and loans to help them achieve their dreams and financial goals. A CIBIL score is one of the important factors which helps you in availing the required access to credit and is considered as a consumer’s credit score.

The Score is based on details found in the ‘Accounts’ and ‘Enquiries’ of the previous loans, including payment statuses, outstanding amounts and days past the due date. The closer a CIBIL Score is to 750, the higher are the chances of the consumer’s loan application getting approved. This is based on past credit behaviour, such as borrowing and repayment criteria as shared by banks and lenders with CIBIL score.

Car Loan Palladam Agent Contact Number

In case if you have queries regarding the car loan in Palladam, you may reach us at Dialabank or 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Car Loan Palladam

Car Loan EMI Calculator Palladam

About Palladam

Palladam is a community and First Grade Municipality in the Tirupur area in the state of Tamil Nadu, India. It is one of the seven taluks of the Tirupur district. Palladam is located on National Highway NH 67. Palladam is a major Town with a large source of income settled from the business city. According to the 2011 census, Palladam had a population of 42,225. The common literacy of the city was 74.08%, associated with the national average of 72.99%.

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