Used Car Loan Bahadurgarh

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Rates as low as 11.99%*
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Used Car Loan Bahadurgarh

Best Banks For Used Car Loan In Bahadurgarh

Feature
HDFC Bank
Private Bank
Kotak Mahindra Bank
Interest Rate
8% - 8.4 %
8.5 - 9.5 %
11%
Min Loan Amt
Metro : 1 Lac & Non Metro: 75000
75000
75000
Max Loan Amt
1 Cr
1 Cr
1 Cr
Loan Tenure
Upto 7 Years
Upto 5 Years
Upto 5 Years
Processing Fee
1999 - 4999 + Tax
0.25% to 1.50%
0.25% to 1.50%
Preclosure Chgs
2%, Nil after 24 months
2%, Nil after 36 months
Nil
Loan to Value (LTV)
Upto 100% on Ex- showroom
Upto 95% on Ex- showroom
Upto 90% on Ex- showroom

Used Car Loan Bahadurgarh FeaturesUsed Car Loan Bahadurgarh

The best way to complete all your daily travel is to get a preowned car suitable for your city.

You can simply opt for a used car loan Bahadurgarh at low-interest by availing of custom and convenient repayment plans with easy pay EMIs.

One can avail of up to Rs.2.5 crore of loan amount by getting approximately 3 to 6 times your annual income as well as can borrow up to 100% of the value of the car*

Hassle and complex free process.

Quick and fast loan approvals and disbursals.

Easy pickup services of the documents from your door.

Up to 85% of the value of the car as a loan amount for 5 years and that too without any income proof.

*Age of Car should not cross 10 years at loan maturity. The maximum loan tenure of 60 months is available with flexible repayment tenures from 12 months to 60 months.

Terms & conditions apply, offers on specific models only.

Visit Dialabank to know more about Used Car Loan Bahadurgarh.

Used Car Loan Bahadurgarh Interest Rates

Bank
Processing Fee
Prepayment Charges
HDFC Bank Car Loan
(1999 - 4999) + Tax
2%, Nil foreclosure charges after 24 months
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 36 months
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
2.25% of fore closure amount if closed 1 month ahead of the tenure.
IIFL Car Loan
Nil
Nil
Muthoot Car Loan
Nil
Nil
Manappauram Car Loan
Nil
Nil
PNB Car Loan
0.70% to 1%
Nil
Canara Bank Car Loan
1%
Nil
Andhra Bank Car Loan
Nil
Nil

 

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

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Used Car Loan Bahadurgarh Documents Required

Documents required for car loan are as followed:

For Salaried Individual:

Identity & Address Proof:

  • Valid Passport
  • Permanent Driving license [recent, legible, laminate]
  • The letter declared by the National Population Register including details of name & location
  • Voters ID Card
  • Job card issued by NREGA

Proof of income:

  • Latest Salary Slip
  • Latest Form 16/Latest ITR
  • Bank Statements for the previous 6 months

Sign verification proof:

  • Credit Card Statement with Credit Card Copy
  • Banker’s Verification
  • Passport Copy
  • Photo Driving Grant with DOB
  • Copy of Margin Money Returned to the Bank

For Self Employed:

Age proof: Memorandum and Articles of Certificate of Incorporation.

Identity proof: Memorandum and Articles of Association/Certificate of Incorporation.

Income proof: Latest ITR and audited balance sheet along with profit & loss account.

Address proof:

  • Telephone Bill
  • Memorandum and Articles of Association
  • Certification of Incorporation
  • Electricity Bill

Sign verification proof:

  • Passport Copy
  • Credit Card Statement with Credit Card Copy
  • Banker’s Verification
  • Photo Driving Permit with DOB
  • Image of Margin Money Requited to the Bank.

The following type of companies can also apply for a Used Car Loan Bahadurgarh:

  1. Sole Proprietorship
  2. Partnership Firms
  3. Private Limited Companies
  4. Public Limited Companies

Used Car Loan Bahadurgarh Eligibility Criteria

The car loan eligibility requirements are as followed:

Salaried Individual:

  • The applicant must be: Who is a doctor, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.
  • Age Range: Individuals who are a minimum of 21 years of age when applying for the loan, and a maximum of 60 years of age at the end of the loan tenure
  • Minimum Work Experience: Individuals who at least have had a job for 2 years, with a minimum of 1 year with the present employer.
  • Minimum Earning: Those who earn a minimum of Rs. 2,50,000 per year., The income of the spouse can be considered as one with the applicant’s income.

Self Employed:

  • Rs. 2,50,000 per annum should be a minimum earning.
  • Individuals who have an office landline.

The following type of companies are also eligible for a Used Car Loan Bahadurgarh:

  1. Sole Proprietorship
  2. Partnership Firms
  3. Private Limited Companies
  4. Public Limited Companies

How to Apply for Used Car Loan in Bahadurgarh?

Availing a  used car loan Bahadurgarh is an easy process with the help of DialaBank. Follow the quick steps mentioned below to avail the best offers:

  • Visit us online at Dialabank
  • Go to the specific city page for used car loan Bahadurgarh
  • Fill in the details required in the fast and easy Used Car Loan Application Form.
  • Please wait as our relationship manager will soon get in touch with you for further information and process.

Used Car Loan For Major Car Manufacturers In Bahadurgarh

TABLE WILL APPEAR

Processing Fees / Prepayment Charges On Used Car Loan In Bahadurgarh

Category
Details
Processing Charges
1999 - 4999 + Tax
Prepayment 
No prepayment is allowed until 12 EMIs are paid
Preclosure
No foreclosure is allowed until 12 EMIs are paid
Prepayment Charges
13-24 months: 2% of loan principal outstanding
>36 months: Nil Charges
Stamp Duty
As per state laws
Cheque Bounce Chgs
₹ 550/chq +  GST
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
2% p.m.(on overdue amount)
Amortisation Schedule Chgs
Rs 200 + GST

CIBIL Score Required For Used Car Loan Bahadurgarh

A great CIBIL score is a requirement before asking for a loan other than a gold loan. It is essentially a foundation for your loan, for this analysis, every lending organization has its own controlled criteria for the minimum required CIBIL score for preparing a loan application.

Generally, most of the institutions require a minimum CIBIL score of 720 to process your loan application without any failure.

It is not just your CIBIL score, many organizations also look at the specific behavior on the previous loans taken by you, including articles on the type of loan and the loan amount, payment plans, and if all deadlines are satisfied while repayment.

Making sure your CIBIL score is good before applying for a loan is a good practice.

Used Car Loan Bahadurgarh Contact Number

In case of any queries regarding used car loans in Bahadurgarh, you may contact us by dialing on 9878981166 for any sort of assistance.

Pre Calculated EMI Table For Used Car Loan Bahadurgarh

Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466

Used Car Loan EMI Calculator

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About Bahadurgarh

Bahadurgarh, identified as the “Gateway of Haryana” is a Subdistrict, and a municipal committee located in Jhajjar, a community in the state of Haryana, India, which comprises 31 wards. Bahadurgarh is about 2 km from Delhi.

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