Used Car Loan Diphu

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Buy Your Dream Car

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

Best Banks for Used Car Loan in Diphu

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 Diphu Features

used car loan diphuThinking of purchasing a car? But don’t have the required funds for it? Do not worry! A used car loan is here for you. A used car loan is a means of funding or financial help provided by banks and NBFCs to the applicants at an affordable rate of interest to aid them in buying a used car.

Since used cars have become a necessity for everyone, but the cost of used cars is growing rapidly daily. This is where a used car loan comes into play and fulfills your desire to be the owner of your dream used car. The main features of a used car loan in Diphu are:

  • Experience a strong problem of free organization, forced sponsorships, and sharp disbursements
  • At whatever point, wherever, monitor your application. At each point, obtain statements on your credit application
  • See membership and mandatory and fundamental documents at the doorstep
  • Check your cap on movement in just 60 seconds

Used Car Loan Diphu 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 Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Used Car Loan Diphu Documents Required

For Salaried:-

  • Substantial Passport
  • Lasting Driving permit [recent, decipherable, laminate]
  • Citizens ID Card
  • Occupation card gave by NREGA
  • The letter gave by the National Population Register containing subtleties of name and address

For Self Employed:-

  • Update and Articles of Association/Certificate of Incorporation as age proof
  • Update and Articles of Association/Certificate of Incorporation as character confirmation
  • Latest ITR and looked into financial record close by advantage and disaster account as a check of compensation

Used Car Loan Diphu Eligibility Criteria

For Salaried:-

  1. This incorporates professionals, CAs, private confined association representatives, public territory workers, including local, federal, and neighborhood bodies,
  2. Individuals who are at least 21 years of age at the time of the production application and not more than 60 years of age near the end of the credit residency
  3. Individuals who served for 2 years at any time, with 1 year with the current chief at any pace.The individuals who in any case continuously acquire Rs 2,50,000, including the payment of the partner

For Self-Employed:-

  1. In terms of amassing, selling, or profits, this consolidates individuals who own a private organization.
  2. Shall obtain Rs 2,50,000 per annum at any rate
  3. People who have a landline at the workplace

How to Apply for Used Car Loan in Diphu?

Availing a used car loan Diphu is an easy process with DialaBank. Follow the following steps to avail the best offers:

  • Visit our website Dialabank
  • Click on the used car loan option available in the menu
  • Fill in the details regarding the used car type and your income
  • Wait as our relationship manager will soon get in touch with you on your provided number.
  • You may also contact our relationship managers on the number 9878981166 in case of any queries regarding the loan.
  • For availing a used car loan offline you will have to visit the branch personally, which might turn to be hectic for you.

Used Car Loan for Major Used Car Manufacturers in Diphu

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Diphu

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 in Diphu

The Cibil score is referred to as what defines your ability to pay off your credits. A higher Credit score means good credit history and makes your used car loan application process smooth and easy to be processed. Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Diphu.

This score may again vary from bank to bank. In case of a low CIBIL score than the required value, you will be required to pay a high rate interest rate on the loan amount while if your CIBIL score is good then you may have to pay a low rate of interest. Thus, a CIBIL score is an important factor in a used car loan.

Used Car Loan Diphu Contact Number

In case of any queries regarding the used car loan in Diphu, you may contact on the number 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Used Car Loan Diphu

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 Diphu

Diphu is the headquarters of the district of Karbi Anglong in Assam State, India. This little town is a popular hill tourist destination for people from nearby cities.

Used Car Loan EMI Calculator

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