All About Used Car Loan Hardoi
Having your own car has many benefits. But to enjoy these benefits you need to own a car. And buying a car is not a big deal today. You can also own a used car. And you can purchase a used car on Loan.
Eligibility Criteria for Used Car Loan Hardoi
- The minimum age required is 21 years, and maximum age needs to be 60 years.
- The minimum income should be Rs. 24,000 per month or above.
- If there is any government employee and living in a rented house can also avail this loan.
Note: If anyone is working in a non-government organization, then you can’t apply for this loan.
- The minimum age required is 30 years.
- The maximum age required is 60 years.
- The minimum ITR of Rs. 2,50,000 for two years should be filed.
- ITR is mandatory
Note: If the applicant wants to avail used car loan, but the age is 25 years, then co-applicant is necessary, and the co-applicant must be a working person.
Documents Required for Used Car Loan Hardoi
Following are the documents required for Used Car Loan Hardoi:
- Identity Proof: Aadhar Card, Voters ID card, PAN Card, Copy of Passport, Driving License,
- Address Proof: Aadhar Card, Driving License,Passport Copy, Voters ID Card, Electricity Bill (if tenant).
- Income Proof: For Salaried, latest salary slip of 3 months/ For Self-Employed, copy of ITR filed of last 2 years.
- Bank Statement: Copy of active bank statement of last 6 months.
Interest Rate to avail Used Car Loan Hardoi
The interest rate for used cars is decreasing at 14.00% per annum. Eg. If you have availed a loan of Rs 4,00,000 and after completion of one year you have to pay an amount of Rs. 3,00,000 then 14% will be charged on this particular amount and same will be continued.
Additional Information for Used Car Loan Hardoi
- The CIBIL score needed to be more than 700.
- The loan is valid only for the car models which are launched after 2013.
- The loan amount gets disbursed by bank in 48 hours.
- Anyone is having CIBIL 0, 1, -1 are also eligible for the loan.
- The loan amount is given for a period of 12 months (1 year) to 60 months (5 years).
- The minimum amount of credit that can be incurred by the applicant is Rs. 1 lakh.
Benefits of Used Car Loan Hardoi
- A flexible monthly repayment option is available.
- Instantly available.
- Easily and quickly available loans.
- There are no hidden charges.
- Affordable Interest Rates
Why should you choose DialaBank for a Used Car Loan?
- We offer you a loan with the lowest interest rates and with hassle free documentation.
- Dialabank Used Car Loan is one of the best options that allow an individual to buy a car at an affordable amount.
- With our help, you will be getting the best in market loan to value ratio.
- Apply now on our official website for instant approval and faster processing of your car loan.
How to Apply for Used Car Loan Hardoi?
- Firstly you need to visit our website Dialabank
- Click on the car loan option displaying on the website.
- After that, fill all the required details on site and apply for a car loan.
- Also, mention your contact information.
Its a district of the Indian state of Uttar Pradesh.