Used Car Loan Dum Dum

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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 Dum Dum 

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 Dum Dum Features

used car loan dum dum

A Used Car Loan Dum Dum can assist you in buying the best car within your budget and is a financial assistance given by commercial banks and NBFCs to customers. Dialabank is offering some of our strongest car loan deals to buy a used car anywhere in Dum Dum!

The Used Car Loan Dum Dum characteristics are as follows:

  1. Flexible repayment terms to relieve the pressure from 12 months onwards.
  2. Cars with a loan maturity age shall not exceed 10 years, with a loan term of 60 months overall.
  3. Personalized support and advice from our highly qualified professionals to select a vehicle that suits your needs.
  4. On the valuation of the said vehicle, you can get a loan up to Rs.2.5 Crore.
  5. Hurdle and complex free process.
  6. Quick and fast loan approvals and disbursals.
  7. Easy and fast pickup services of the documents from your doorstep.
  8. Get Up to 85% of the value of the car as a loan amount for 5 years and that too without any income proof.

Used Car Loan Dum Dum 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 Dum Dum Documents Required

If You Are Salaried Individual:

For Identity and Address Proof:

  1. Valid Passport
  2. Permanent Driving license
  3. Letter issued by the National Population Register mentioning name & address
  4. Voters ID Card
  5. Job card provided by NREGA

For Income Proof:

  1. Latest Salary Slip
  2. Bank Statements for the last 6 months
  3. Latest Form 16/ Latest ITR

For Signature Verification Proof:

  1. Photo Driving License
  2. Credit Card Statement and its Copy
  3. Banker’s Verification
  4. Copy of Margin Money Paid to Bank
  5. Passport Copy

If You Are Self Employed**:

Income proof: Latest ITR and audited balance sheet with profit & loss account.

Age proof: Certificate of Incorporation/Memorandum and Articles of Association.

Identity proof: Certificate of Incorporation/ Memorandum and Articles of Association.

For Sign Verification Proof:

  1. Credit Card Statement and its Copy
  2. Copy of Margin Money Paid to Bank.
  3. Passport Copy
  4. Banker’s Verification
  5. Photo Driving License

For Address Proof:

  1. Telephone Bill
  2. Electricity Bill
  3. Memorandum and Articles of Association
  4. Certification of Incorporation

**The following companies are also applicable for a Used Car Loan Dum Dum:

    1. Sole Proprietorship
    2. Partnership Firms
    3. Private Limited Companies
    4. Public Limited Companies

Used Car Loan Dum Dum Eligibility Criteria

For Salaried:-

  1. Minimum Work Experience: Individuals who have job experience for a minimum of 2 years and a minimum of 1 year with the current employer.
  2. Minimum Earning: People earning a minimum of Rs. 2,50,000 annually, the income of the spouse can be considered as included with the candidate’s income.
  3. Age Limit: Individuals having the age of 21 years when applying for the loan, and a maximum of 60 years of age at the end of the loan maturity period.
  4. Professional practitioners doctors, CAs, private limited company employees, employees from public sector undertakings including central, state, and local bodies.

For Self-Employed:-

  1. Individuals who own a private company in the business of manufacturing, trading, or service undertakings.
  2. minimum earning should be Rs. 2,50,000 per annum.
  3. Individuals who have an office landline number.

Used Car Loan for Major Used Car Manufacturers in Dum Dum

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Dum Dum

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

Pre Calculated EMI Table for Used Car Loan Dum Dum

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 Dum Dum

Dum Dum is a town and municipality in the North 24 district of Parganas, in the West Bengal Indian state. It is close to Kolkata and also a part of the area protected by Kolkata Metropolitan Development Authority (KMDA) bordered to the west by Sinthee and Cossipore, to the north by Kolkata Airport and Rajarhat, to the south by Shyambazar and Belgachia, and to the east by Salt Lake.

Used Car Loan EMI Calculator

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