Used Car Loan Jalpaiguri

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 in Jalpaiguri

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 Jalpaiguri Features

Need a car? Since a car has become a necessity nowadays. But not everyone can afford it. If you want to buy a car without getting worried about funds then a car loan is a great option. A Car loan is a financial help provided by banks that help the applicants in buying a car, whether a new car or used car. You will get a car loan easily as it is a very simple and quick process.

The main features of a car loan in Jalpaiguri are:used car loan Jalpaiguri

  • Car loans are available at an affordable rate of interest.
  • It is very easy to get a car loan in Jalpaiguri as many banks in Jalpaiguri provides car loans.
  • Repayment plans are flexible and available at less rate of interest
  • The documentation process is very easy and quick.
  • You will get updates about your loan application.
  • Car loans are easily available through DialaBank

Used Car Loan Jalpaiguri 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 Jalpaiguri Documents Required

For Salaried:

  • Identity & Address Proof: Valid Passport, Permanent Driving license [recent, legible, laminate], Voters ID Card, Job card issued by NREGA, Letter issued by the National Population Register containing details of name & address
  • For  proof of income: Latest Salary Slip, Latest Form 16/Latest ITR, Last 6 months bank statement

  • For sign verification proof: Passport Copy, Photo Driving License with DOB (recent, legible, laminated), Credit Card Statement with Credit Card Copy, Banker’s Verification, Copy of Margin Money Paid to the Bank

For Self Employed:

  • Memorandum and Articles of Association/Certificate of Incorporation as age proof
  • Memorandum and Articles of Association/Certificate of Incorporation as identity proof
  • Latest ITR and audited balance sheet along with profit & loss account as proof of income
  • Documents required for address proof:- Memorandum and Articles of Association, Certification of Incorporation, Telephone Bill, Electricity Bill
  • Documents required for sign verification proof:- Passport copy, Photo Driving License with DOB (recent, legible, laminated), Banker’s verification, Copy of Margin Money Paid to the Bank
  • Also, the used car loan can be borrowed in the following type of firms as well:
    • Partnership Firms
    • Sole Proprietorship
    • Public Limited Companies

Used Car Loan Jalpaiguri Eligibility Criteria

For Salaried:-

  1. This includes doctors, CAs, employees of private limited companies, employees from public sector undertakings, including central, state, and local bodies
  2. The minimum age of the candidate:- 21 years
  3. The maximum age of the candidate:- 60 years
  4. Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer
  5. Minimum Annual Income:-Rs 2,50,000

For Self-Employed:-

  1. The minimum age of the candidate:- 21 years
  2. The maximum age of the candidate:- 60 years
  3.  Individuals who have been in business for a minimum of 3 years are eligible
  4. An Individual  should earn at least Rs 2,50,000 per anum
  5. This includes individuals  who own a private company in the business of manufacturing, trading, or services

Used Car Loan for Major Car Manufacturers in Jalpaiguri

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Jalpaiguri

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 Jalpaiguri

The CIBIL score is referred to as what defines your ability to pay off your credits. A higher credit score means good credit history and makes your car loan application process smooth and easy to be processed. Mostly, banks and NBFCs consider a credit score of 720 and above as a good score to approve your loan application process Jalpaiguri.

This score may again vary from bank to bank. In case of a low CIBIL score than the required value, you will be required to pay a high rate interest rate on the loan amount while if your CIBIL score is good then you may have to pay a low rate of interest. Thus, a CIBIL score is an important factor in a car loan.

Used Car Loan Jalpaiguri Contact Number

In case of any queries regarding the car loan in Jalpaiguri, you may contact the number 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Car Loan Jalpaiguri

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

Used Car Loan EMI Calculator

About Jalpaiguri

Jalpaiguri is a city in the Indian state of West Bengal. It is the largest city and the headquarters of the Jalpaiguri district as well as of the Jalpaiguri division of West Bengal, covering the jurisdiction of the five districts of North Bengal. The city is located on the banks of the Teesta River which is the second largest river in West Bengal after the Ganges, on the foothills of the Himalayas.

Used Car Loans For Other Cities

Used Car Loan Sangli
Used Car Loan Solapur
Used Car Loan Aurangabad
Used Car Loan Kalyan
Menu