All About Used Car Loan Ghanaur
Are you fed up of driving the same car for a long time? Change cars frequently by investing money in Used Cars. We will provide you Used Car Loan on easy interest rate and documentation in no time — Avail Car Loan from DialaBank on easy terms and conditions.
Documentation for Used Car Loan Ghanaur
Income Proof: Latest 3 months salary slip and 6 months bank statement is required for salaried employees and Last 2 ITR filed and 6 months bank statement is required for self employed persons.
Identity Proof: Passport copy/ PAN Card/ Voters ID card/ Driving License/ Aadhar Card
RC and Insurance Copy
Rent agreement is needed only in case of government employees
Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy / PAN Card / Aadhar Card
Bank Statement: Bank statements for the last six months should also be available with the applicant
Interest Rate for Used Car Loan Ghanaur
The interest rate charged on used car loan is 14% of total amount. This interest on Used Car Loan Ghanaur is charged on the basis of reducing method.
Used Car Loan Ghanaur gets disbursed in your bank account in just 2-3 days
Eligibility for Used Car Loan Ghanaur
For self employed
- The age of the applicant should be 30 years. In case the applicant is less than 30 years, he would need the co applicant.
- The co applicant should be of 25 years and currently working.
- CIBIL of the applicant needs to be 700.
- The applicant must have filed an ITR of Rs.2.5 lakhs for past 2 years.
For salaried employees
- The income of the applicant should be Rs. 24,000 per month.
- Minimum age of the applicant needs to be 21 years and maximum age should be 60 years.
- CIBIL of the applicant should be atleast 700.
- Bank’s internal customer are given used car loan in case they are rented.
Note: Used Car Loan is not given to rented customers.
Benefits of Used Car Loan Ghanaur
- You can save money by buying used car and use the left over money for another purpose.
- You get the loan amount within 72 hours in your bank account.
- The documentation for Used Car Loan is less.
- The interest rate on Used Car Loan Ghanaur are also very less.
- CIBIL required for Used Car Loan Ghanaur is also less.
- Tenure also varies from 2 years to 5 years, so the applicant the choose the period for which he wants to avail the Car Loan.
Additional information for Used Car Loan Ghanaur
- The amount of loan the the customer can take starts from Rs. 1 lakhs.
- Car Loan is given on car models of after 2013.
- A customer with CIBIL 1,0 and -1 can also apply for loan.
- The amount of loan that the customer will get is 85% of Insurance Value.
- In case of luxury cars, the loan can be given for models after 2011.
- Time period for which the customer can avail the loan is 24 months to 60 months.
How to Apply for Used Car Loan Ghanaur?
Ghanaur is a village located in Patiala district of state Punjab, India. For more information on Used Car Loan, you can visit our official website.
Leading Used Car Loan Providers (Click to Apply)
Table of Contents
- 1 All About Used Car Loan Ghanaur
- 1.1 Documentation for Used Car Loan Ghanaur
- 1.2 Interest Rate for Used Car Loan Ghanaur
- 1.3 Eligibility for Used Car Loan Ghanaur
- 1.4 Benefits of Used Car Loan Ghanaur
- 1.5 Additional information for Used Car Loan Ghanaur
- 1.6 How to Apply for Used Car Loan Ghanaur?
- 1.7 About Ghanaur
- 1.8 Leading Used Car Loan Providers (Click to Apply)