Best Banks for Used Car Loan in Churu
Used Car Loan Churu Features
A Used Car Loan Churu will help you 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 Churu!
The features of Used Car Loan Churu are as follows:
- Flexible repayment tenures starting from 12 months to ease the burden.
- 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.
- You can avail a loan up to Rs.2.5 crore on pre-owned car value.
- Get 85% of the value of the car as a loan amount for 5 years without income proof verification.
- 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.
- Checking the CIBIL score is very important.
*Terms and Conditions Apply
Used Car Loan Churu Interest Rates
Details on the car loan interest rate are given below:
|
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
Car Loan Churu Documents Required
Details on the documents required for car loan are mentioned below:
For Salaried Individuals:
For Identity and Address Proof:
- Valid Passport
- Permanent Driving license
- Letter issued by the National Population Register mentioning name & address
- Voters ID Card
- Job card provided by NREGA
For Income Proof:
- Latest Salary Slip
- Bank Statements for the last 6 months
- Latest Form 16/ Latest ITR
For Signature Verification Proof:
- Photo Driving License
- Credit Card Statement and its Copy
- Banker’s Verification
- Copy of Margin Money Paid to Bank
- Passport Copy
For Self Employed**:
Remuneration proof: Latest ITR and audited balance sheet with profit & loss account.
Identity proof: Memorandum and Articles of Association/ Certificate of Incorporation.
Age proof: Certificate of Incorporation/Memorandum and Articles of Association.
For Sign Verification Proof:
- Credit Card Statement and its Copy
- Copy of Margin Money Paid to Bank.
- Passport Copy
- Banker’s Verification
- Photo Driving License
For Address Proof:
- Telephone Bill
- Electricity Bill
- Memorandum and Articles of Association
- Certification of Incorporation
**The following companies are also applicable for a Used Car Loan Churu:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Churu Eligibility Criteria
The following people are eligible to apply for a Pre-Owned Car Loan in Churu. Eligibility criteria for car loan are discussed below:
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 included with the candidate’s income.
- Minimum Work Experience: Individuals who have job experience for a minimum of 2 years and a minimum of 1 year with the current employer.
- Age Limit: Individuals qualifying 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 maturity period.
- Professional practitioners 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 undertakings.
- Rs. 2,50,000 per year should be a minimum remuneration.
- Individuals who have an office landline number.
***The following companies are also eligible for a Used Car Loan Churu:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Private Limited Companies
How to Apply for Used Car Loan Churu?
Availing a used car loan Churu 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 Churu
- Fill the details required in the Used Car Loan Application Form.
- Our manager will get in touch with you to serve you with the entire process.
Used Car Loan for Major Car Manufacturers in Churu
TABLE WILL APPEARProcessing Fees / Prepayment Charges on Used Car Loan Churu
|
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
|
Used Car Loan Churu 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 Churu.
Pre Calculated EMI Table for Used Car Loan Churu
Used Car Loan EMI Calculator Churu
About Churu
Churu is located in the desert region of Rajasthan state of India, also known as the gateway to the Thar Desert.
Used Car Loan For Other Cities
| Used Car Loan Madurai | Used Car Loan Vellore |
| Used Car Loan Salem | Used Car Loan Chennai |
| Used Car Loan Tirupur | Used Car Loan Coimbatore |
| Used Car Loan Trichy | Used Car Loan Tirunelveli |
