Used Car Loan Ferozepur

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

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 Ferozepur 

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 Ferozepur FeaturesUsed Car Loan Ferozepur

  • Avail of credit up to Rs. 2.5 crore on a wide variety of preowned cars and multi-utility vehicles
  • Get between 3 to multiple times your yearly pay, and get up to 100% of the estimation of the car*

*Age of Car at credit development ought not to cross 10 years, subject to the most extreme advance residency of 60 months

  • Advantage from start to finish warning – from examination to title move
  • Get customized advice to pick a vehicle that meets your special needs
  • Profit of altered and helpful reimbursement plans with pocket-accommodating EMIs
  • Flexible reimbursement residencies from a year to 60 periods
  • Fast and simple Processing and endorsement
  • Experience sincere issue free fitting, fast support, and fast disbursals
  • Track your application whenever, anyplace. Get announcements about your credit application at each stage
  • Enjoy doorstep policy and speedy and easy documentation
  • Check your advance qualification in only 60 seconds
  • Get 80% of the estimation of the vehicle as to the advance sum for a long time without pay confirmation
  • Get 85% of the estimation of the vehicle as to the advance sum for a long time without pay confirmation

Used Car Loan Ferozepur 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 Ferozepur Documents Required

Salaried Individuals:

Identity proof:

  1. Substantial Passport
  2. Lasting Driving permit [recent, decipherable, laminate]
  3. Citizens ID Card
  4. The Occupation card is given by NREGA.
  5. The report gave by the National Population Register containing distinctions of name and address.

Evidence of salary:

  1. Most recent Salary Slip
  2. Most recent Form 16/Latest ITR
  3. Last 6 months bank statement

Confirmation verification:

  1. Identification Copy
  2. Photograph Driving Permit with DOB
  3. Financial record with Credit Card Copy
  4. Broker’s Verification
  5. Copy of Margin Money Returned to the Bank

For Self Employed:

  • Identity Proof: Voters ID card, Passport copy, PAN Card, Driving License
  • Income Proof: Latest ITR
  • Address Proof: Voters card / Ration card / Telephone Bill / Driving license / Electricity Bill / Passport Copy / Life Insurance Policy /PAN Card
  • Bank Statement: Last 3 months.

Public Limited Companies, Private Limited Companies, Hindu Undivided Family – also need to submit the same documents in order to avail used car loans.

Used Car Loan Ferozepur Eligibility Criteria

For Salaried:-

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 60 years
  3. Minimum employment: 1 year in the contemporary job and a minimum of 2 years of work
  4. Minimum Annual Income: Rs 2,50,000 net annual income

For Self-Employed:-

  1. Minimum age: 25 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: Should have been in exchange for a point of 3 years
  4. Minimum Annual Income: Rs 2,50,000 net annual income
Public Limited Companies, Private Limited Companies, Hindu Undivided Family- also require to follow the same eligibility criteria to get used car loans.

Used Car Loan for Major Car Manufacturers in Ferozepur

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Ferozepur

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

CIBIL Score Required for Used Car Loan in Ferozepur

The CIBIL score is alluded to as something defines your ability to take care of your assets. A higher Credit score means a great experience as a customer and makes your vehicle credit application measure level and simple to be marketed. Generally, banks and NBFCs consider a FICO assessment of 720 or more as a decent score to affirm your credit application measure for Used Car Loan Ferozepur.

This score may frequently replace from the bank with the bank. In the event of a low CIBIL score than the necessary worth, you will be needed to pay a high rate financing cost on the credit sum while on the off possibility that your CIBIL score is pleasant, at that point you may want to pay a low speed of intrigue. Consequently, a CIBIL score is a vital factor in vehicle credit.

Used Car Loan Ferozepur Contact Number

In case of any queries regarding the Used car loan Ferozepur, you may contact on the number 9878981166 for any sort of assistance. Or for any further assistance, you can also visit us on our website Dialabank.

Pre Calculated EMI Table for Used Car Loan Ferozepur 

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 Ferozepur 

Firozpur, also known as Ferozepur, is a center on the shores of the Sutlej River in Firozpur District, Punjab, India. It was established by Sultan Firoz Shah Tughluq (1351–88), a ruler of the Tughluq administration, who reigned over the Sultanate of Delhi from 1351 to 1388.

Car Loan EMI Calculator

Used Car Loan For Other Cities

Used Car Loan Kapurthala Used Car Loan Talwara
Used car loan Urmar tanda Used Car Loan Sujanpur
Used Car Loan Ropar Used Car Loan Payal
Used Car Loan Jagraon Used Car Loan Faridkot
Menu