About Used Car Loan Calicut
Buying a car has always been a tough job as the prices of cars are touching the sky. There are only few people who have the funds in their bank account to manage buying even a used vehicle.
The solution to this problem is availing Used Car Loan Calicut that offers monetary help to people who wishes to buy a preowned vehicle.
What to know about Used Car Loan Calicut:
Features and Benefits of Used Car Loan Calicut with Dialabank
- Loan approvals in 24 hours.
- Flexible re-payment option(s), which ranges from 12 to 60 months
- Car model should not be older than 5 years from the present time
- Attractive interest rates.
- Finance up to 92% of the car’s value
- Choose any car available in India
- Repay your Loan with easy EMIs
- Hassle free loans – no post dated cheques required
- Easy and simple documentation.
Eligibility Criteria for Used Car Loan Calicut
- Age of the applicant should be minimum of 21 years and maximum of 65 years.
- Minimum employment 1 year in present company and a minimum of 2 years of work in total.
- Monthly income of the applicant should be Rs 24,000.
- Minimum age 30 years. 25 years if you have earning co-applicant.
- Maximum age at loan maturity 60 years
- Minimum employment At least two years in business
- Minimum ITR filed should be 2.5 lakhs annually for two consecutive years.
Documents for Used Car Loan Calicut
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License, Aadhar Card
- Income Proof: For Salaried Latest 3 months salary slip and 6 months bank statement. For Self- Employed Last 2 ITR filed and 6 months bank statement.
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy / PAN Card / Aadhar Card
- Bank Statement: Bank statements for the last six months is also required.
Interest Rates for Used Car Loan Calicut:
|Banks/Rates||New Car Loan Interest Rate (Reducing)||Used Car Loan Interest Rate (Reducing)||Processing Fee||Get The Best Offers|
|HDFC Bank||10.00% – 11.00%||13.99% – 15.50%||Rs. 999 to Rs. 4300||Apply Now|
|Axis Bank||10.25% – 11:25%||14.50% to 16%||Rs. 3500 to Rs. 5500||Apply Now|
|Bank of Baroda||10.75%||N.A.||0.75% Up to 15 Lac||Apply Now|
|Kotak Mahindra Bank||11.50% – 13.50%||17% – 20%||Rs.3300 to Rs.4750||Apply Now|
|Punjab National Bank||10.75% to 11%||NA||0.5% to 1.5%||Apply Now|
|State Bank Group||10.50%||17.05% to 17.30%||0.50%||Apply Now|
|ICICI Bank||10.50% to 11.75%||16.50% to 18.00%||Rs.2500 to Rs.5000||Apply Now|
|Bank of India||10.50% to 13.50%||13.50% to 14.50%||0.50% to Rs.25000||Apply Now|
|Canara Bank||12.50% Fixed||N.A||0.10% of Loan Amount||Apply Now|
|Corporation Bank||13.75%||N.A||0.50%||Apply Now|
Facts about Calicut:
Calicut is a beautiful city in Indian state of Kerala situated at the Malabar Coast. It is the city of many values as it is known as the “city of spices”, also the “city of sculptures”. It is stated as the second best city in India to live in. Malayalam and English are the major spoken language here.
|Leading Auto Loan Providers in Calicut (Click to Apply)|
|Axis Bank Car Loan||ICICI Bank Car Loan||HDFC Car Loan||Other Banks|
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