Used Car Loan Basti

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Buy Your Dream Car

Rates as low as 13.60%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Top/Best Banks for Used Car Loan in Basti

Feature
HDFC Bank
ICICI 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 Basti Features

Used Car Loan BastiNow thinking about buying a car? But don’t you have the money necessary for it? Make no doubts! There is a used car loan for you and yours. A used car loan is a method of investment or state aid given to the borrowers by banks and NBFCs at a fixed interest rate to help them acquire a used vehicle.

Since used cars are already a necessity for all of us, but the cost of used cars is rising exponentially every day. It is here where a used credit score comes into play and fulfills your urge to be the owner of your used car vision. A used car loan in Basti has the major characteristics of:

  • Versatile tenures of maturity between 12 months and 84 months
  • Offers direct and flexible federal loans with EMIs that are wallet-friendly
  • End-to-end service gain — from analysis to lease option
  • Borrowing on a large variety of used cars and low- and mid-use vehicles up to Rs.2.5 Crore

Used Car Loan Basti Interest Rate

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

Used Car Loan in Basti Required Documents

For Salaried:-

  • [Identity] Proof: PAN Card, NREGA contractor released, Letter given by the National Register of Population containing identity & address details, Voters ID card, Passport copy, Driving License
  • [Income] Proof: Recent 3-month wage slip with form 16
  • [Address] Proof: Driving license / NREGA contractor released / Letter given by the National Register of Population containing identity & address details / Voters card / Passport Copy /PAN Card
  • [Bank] Statement: Last 6 months.

For Self Employed:-

  • [Identity] Proof: PAN Card, Voters ID card, NREGA contractor released, Letter given by the National Register of Population containing identity & address details, Passport copy, Driving License
  • [Income] Proof: Current ITR along with the details of salary slip
  • [Address] Proof: Voters card / Passport Copy /PAN Card / NREGA contractor released / Letter given by the National Register of Population containing identity & address details
  • [Bank] Statement: Last 6 months.

Used Car Loan Basti Eligibility Criteria

For Salaried:-

  1. Minimum [age]: 21 years
  2. Maximum [age at loan maturity]: 60 years
  3. Minimum [employment]: 1 year in recent working experience and a minimum of 2 years of working experience
  4. Minimum [Annual Income]: Earn an extra Rs 2,50,000 a year, with marital income

For Self-Employed:-

  1. Minimum [age]: 25 years at its minimum
  2. Maximum [age at loan maturity]: 65 years at tenure
  3. Minimum [employment]: at an estimate of 3 years in sales
  4. Minimum [Annual Income]: Rs. 2,50,000 every year

How to Apply/Register for Used Car Loan in Basti?

The issuance of a Basti used car loan is a short method with DialaBank. Follow the procedure below to get the best deals:

  • Our website Dialabank. Do Visit
  • Click on the button for a used car loan in the panel
  • Fulfill the info relevant the form of used car and your earnings
  • Pause for our financial advisor to get in contact with you on your assigned number soon.
  • In case of any doubt about the loan, you can also approach our project managers at number 9878981166.
  • To enable the use of an offline used car loan you’ll really have to visit the bank directly, which could turn out to be intense for you.

Used Car Loan for Major Used Car Manufacturers in Basti

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Basti

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
ucl_processing_fees

CIBIL Score Required for Used Car Loan in Basti

The Cibil score is deemed what determines your capacity to produce your credits pay off. A higher credit score suggests a positive credit history which makes the screening process for your used car loan smoother which easy to process. Most of the time, banks and NBFCs consider a mortgage rate of 750 and above as a satisfactory score for approving your Basti loan online application.

This performance will vary from bank to bank, again. You would be expected to pay a higher interest rate on the loan sum in case of a poor CIBIL score than the required value and if your CIBIL score is decent then you’ll have to pay a poor rate of interest. Therefore a CIBIL score with a used car loan is a major factor.

Used Car Loan Basti Contact Number

For any requests about the used car loan in Basti, you can approach any kind of guidance under the number 9878981166.

Pre Calculated EMI Table for Used Car Loan Basti

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

About Basti 

Basti applied to the original Vasisthi name. In this area was located the ashram of the sage Vasishtha. Here Sher Shah Suri rendered a well and a Sarai, and thus got the name. The town of Basti becomes the tehsil headquarters in 1801, and in 1865 it was designated as offices of the newly created Gorakhpur collector district of Basti.

Used Car Loan EMI Calculator

Menu