Car Loan Raebareli

Best Banks for Car Loan in Raebareli

Car Loan Raebareli Features

Thinking of buying your desired luxurious dream car? But money holds you back? not to worry! DialaBank has you covered through a car loan in Raebareli. A car loan is a means of funding your dream car provided by banks and NBFCs to applicants at an affordable rate of interest throughout the country to cater to your needs. Since the cost of cars is growing rapidly daily a car loan is very important and fulfills your desire to be the owner of a luxurious car. The main features of a car loan in Raebareli are:

• Car loans in Raebareli are available at Lowest Car Loan Interest Rate
• Car loans are easily available through Dialabank
• Almost all major banks and NBFCs offer car loans
• The documentation process is quick and hassle-free

Car Loan Raebareli Interest Rate

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

Apply for a Car Loan

Car Loan Raebareli Documents Required

Documents required for car loan are as followed:

For Salaried Employee

1. Income Proof: It is  necessary to provide the latest 3-month salary slip with form 16 of the applicant
2. Identity Proof:  ID like Passport copy, PAN Card, Voters ID card, Driving License to verify identity
3. Bank Statement: The last six months’ statement to be submitted by the applicant is strictly required
4. Address Proof: Permanent address proof like Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card

For Self-Employed

1. Income Proof: Latest ITR proof of the firm by the applicant is required
2. Identity Proof: ID like Passport copy, PAN Card, Voters ID card, Driving License
3. Bank Statement: The last six months’ statement to be submitted by the applicant.
4. Address Proof: Permanent address proof like Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card

Car Loan Raebareli Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried Employee

1. The individuals should possess a minimum of 1-year experience in current employment and a minimum of 2 years of employment from the past
2. The minimum age requirements are 21 years.
3. The applicants should not be more than 60 and 65 years at the time of completion of tenure
4. Usually getting a car loan is easier when the applicant possesses a CIBIL score of 750 and above which is an essential factor required for the loan approval in Raebareli
5. Minimum Annual Income: For such applicants, Rs 100000 net annual income is important to mention.

For Self Employed

1.  At least 3 years in operating business is mandatory
2. The minimum age requirement for the applicant is 30 years
3. The applicants should not be more than 60 and 65 years at the time of the completion of the loan tenure.
4. Usually getting a car loan is easier when the applicant possesses a CIBIL score of 750 and above which is an essential factor required for the loan approval in Raebareli
5. Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for best mid-sized and premium cars.

Car Loan for Major Car Manufacturers in Raebareli

Apply for a Car Loan

Processing Fees & Prepayment Charges on Car Loan Raebareli

CIBIL Score Required for Car Loan in Raebareli

The credit score popularly known as the Cibil score is what defines your ability to pay off your past credits. A higher Credit score defines your good credit history which makes your application process smooth and easy to be processed further. Usually, most of the banks and NBFCs require a credit score of 750 and above to approve your car loan application process in Raebareli. This score may further vary from bank to bank as per requirements. In case a CIBIL score is less than the required value of the bank you will be required to pay a high rate interest rate on the loan amount.

Car Loan Raebareli Contact Number

Apply for a Car Loan

In case of any queries regarding car loan in Raebareli, you may contact on the number 9878981166 for any sort of assistance and visit Dialabank

Pre Calculated EMI Table for Car Loan Raebareli

About Raebareli

Raebareli is a city and a municipal board situated in the Indian state of Uttar Pradesh. Raebareli is also the administrative headquarters of Raebareli district and a part of the Lucknow Division. Raebareli is situated on the banks of the Sai river, 82 km southeast of the city of Lucknow. The city was created by Britishers in 1858.

Car Loan EMI Calculator

Apply for a Car Loan

Other Cities For Car Loan In Uttar Pradesh