Best Banks for Used Car Loan in Gangtok
Used Car Loan Gangtok Features
- Hassle and complex free process.
- Quick and fast loan approvals and disbursals.
- Easy pickup services of the documents from your door.
- Up to 85% of the value of the car as a loan amount for 5 years and that too without any income proof.
- Advantage from start to finish warning – from examination to title move
- Get customized information to pick a vehicle that fits your special requirements
- 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 details about your credit use at each stage
- 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
Used Car Loan Gangtok Interest Rate
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Gangtok Documents Required
Documents required for car loan are as followed:
For Salaried:-
- Identification Proof: Passport photocopy, Voters ID sheet, Driving License, PAN Card
- Income Proof: form 16 including Latest 3-month salary slip
- Address Proof: Driving license / Passport Copy / Voters card / PAN Card
- Bank Statement: Last six months
For Self Employed:-
- Identity Proof: Voters ID card, Passport copy, PAN Card, Driving License
- Income Proof: Latest Income tax return (ITR)
- Address Proof: Voters card / Passport Copy / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last six 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 Mumbai Eligibility Criteria
The eligibility criteria for a car loan is as followed:
For Salaried:-
- Minimum age: 21 years
- Maximum age at loan maturity: 60years
- Minimum employment: 1 year in prevailing employment and a minimum of 2 years of work
- Minimum Annual Income: Net income of 2.5 Lakhs per year
For Self-Employed:-
- Minimum age: 25 years
- Maximum age at loan maturity: 65 years
- Minimum employment: at least 3 years in selling
- Minimum Annual Income: 2.5 Lakhs annually
Public Limited Companies, Private Limited Companies, Hindu Undivided Family- also require to follow the same eligibility criteria to get used car loans.
How to Apply for Used Car Loan Gangtok?
Availing of a used car loan is an easy process with Dialabank. Watch the following steps to avail the most suitable offers:
- Visit our website Dialabank
- Bang on the car loan option possible in the menu
- Fill in the features regarding the car type and your salary
- Wait as our communication manager will soon get in perception with you on your provided number.
- You may also reach our contact managers on the number 9878981166 in case of any queries about the loan.
- For availing a car loan offline you will have to attend the branch personally, which might turn to be excited for you.
Used Car Loan for Major Car Manufacturers in Gangtok
TABLE WILL APPEAR
|
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 for Used Car Loan Gangtok
This number may again differ from bank to bank. In case of a low CIBIL score than the necessary value, you will be asked to pay a high rate interest rate on the loan sum while if your CIBIL score is good then you may have to provide a low rate of interest. Thus, a CIBIL score is an important part of a car loan.
A good CIBIL score provides an opportunity to negotiate and reduce the car loan interest rate to a certain extent.
Used Car Loan Gangtok Contact Number
In case of any questions regarding the used car loan Gangtok, you may reach the number 9878981166 for any sort of help.
Pre Calculated EMI Table for Used Car Loan Gangtok
About Gangtok
Gangtok is a city, town, the capital, and the most considerable town of the Indian state of Sikkim. It is also the base of the East Sikkim district. Gangtok is in the eastern Himalayan range, at an altitude of 1,650 m.
Used Car Loan EMI Calculator
