Best Banks for Used Car Loan in Chirala
Used Car Loan 
Chirala Features
With the advancement and modernization of society, the car has become the basic amenity for every family. Buying a car may sometime go above your budget limit, so you can always apply for a used car loan to buy a car and enjoy the freedom.
A Used Car Loan Chirala will help buy the best car within your budget and is a financial aid offered to the customers by commercial banks and NBFCs. We present before you some of our best offers for Car Loan to purchase a used car anywhere in Chirala!
The features of Used Car Loan Chirala are as follows:
- You can avail a loan up to Rs.2.5 crore on pre-owned car value.
- Car at loan maturity age shall not exceed 10 years, with a maximum loan tenure of 60 months.
- Personalized help and advisory by our highly trained experts to choose a car that meets your wants.
- Enjoy doorstep service and easy documentation for our customers.
- You may also borrow up to 100% of the value of the car to the value of 3-6 times your annual remuneration.
- Convenient and customized repayment plans available with the easily payable instalments.
- Get 85% of the value of the car as a loan amount for 5 years without income proof verification.
- Flexible repayment tenures starting from 12 months to ease the burden.
*Terms and Conditions Apply
Used Car Loan Chirala Interest Rates
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Bank
|
Processing Fee
|
Prepayment Charges
|
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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
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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
Car Loan Chirala Documents Required
For Salaried Individuals:
Any of the following as Identity and Address Proof:
- Valid Passport
- Job card issued by NREGA
- Permanent Driving license
- Letter issued by the National Population Register with name & address
- Voters ID Card
All the following as Income Proof:
- Latest Salary Slip
- Bank Statements for the previous 6 months
- Latest Form 16/ Latest ITR
Any of the following as Signature Verification Proof:
- Photo Driving License with DOB
- Copy of Margin Money Paid to the Bank
- Credit Card Statement and its Copy
- Banker’s Verification
- Passport Copy
For Self Employed**:
Income proof: Latest ITR and audited balance sheet with profit & loss account.
Identity proof: Memorandum and Articles of Association/ Certificate of Incorporation.
Age proof: Memorandum and Articles of Association/ Certificate of Incorporation.
Any of the following as Sign Verification Proof:
- Passport Copy
- Banker’s Verification
- Credit Card Statement and its Copy
- Copy of Margin Money Paid to the Bank.
- Photo Driving License
Any of the following as Address Proof:
- Telephone Bill
- Electricity Bill
- Memorandum and Articles of Association
- Certification of Incorporation
**The following type of companies can also apply for a Used Car Loan Chirala:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Chirala Eligibility Criteria
The following people are eligible to apply for a Pre-Owned Car Loan in Chirala:
Salaried Individual:
- 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 candidate’s income.
- Minimum Work Experience: Individuals who at least have had a job for 2 years, with a minimum of 1 year with the present employer.
- Age Limit: 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 period
- The candidate must be a doctor, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.
Self Employed***:
- Individuals who own a private company in the business of manufacturing, trading, or service sectors
- Rs. 2,50,000 per annum should be a minimum earning
- Individuals who have an office landline number.
***The following companies are also eligible for a Used Car Loan Chirala:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Private Limited Companies
How to Apply for Used Car Loan in Chirala?
Availing a used car loan Chirala is an easy process with the help of DialaBank.
- Visit us online at Dialabank
- Go to the specific city page for a used car loan Chirala
- Fill in the details required in the fast and easy Used Car Loan Application Form.
- Our manager will get in touch with you for further process.
Used Car Loan for Major Car Manufacturers in Chirala
TABLE WILL APPEARProcessing Fees / Prepayment Charges on Used Car Loan Chirala
|
Category
|
Details
|
|
Processing Charges
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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
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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
|
Used Car Loan Chirala Contact Number
Contact us at 9878981166 or visit the website of Dialabank for instant help and guidance to fulfil all your loan needs anytime in Chirala.
Pre Calculated EMI Table for Used Car Loan Chirala
Used Car Loan EMI Calculator Chirala
check CIBIL score for car loan
About Chirala
Chirala is a city in Prakasam district of the Indian state of Andhra Pradesh. The City was also known as Kshirapuri, which translates as the town of milk. The name got transformed to Chirala, where Chira means Sari and the surroundings were known of high-quality hand-loom industry.
