Used Car Loan Jaunpur

Best/Top Banks for Used Car Loan in Jaunpur

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 Loan Jaunpur Features

Used Car Loan JaunpurWhat about buying a car? But don’t they have the requisite funds for it? Only don’t worry! There’s a used car loan for you here. A used car loan is a source of payment or welfare support given to the borrowers by banks and NBFCs at a reasonable interest rate to help them purchase a used car.

Since used cars have become a requisite for everyone, but the cost of used cars is increasing rapidly every day. That is why a used car loan comes into play and satisfies your urge to be the owner of your used car dream. The principal features of a Jaunpur used car payment are:

  • Flexible tenures of maturity from 12 months to 84 months
  • Track the application anywhere, anytime. Get status updates at all levels of your loan application
  • With pocket-friendly EMIs, personalized and flexible repayment plans
  • Lending on a large variety of used cars and multi-purpose vehicles up to Rs.2.5 crore

Used Car Loan Jaunpur 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 Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Used Car Loan Jaunpur Documents Needed

For Salaried:-

  • <Identity> Proof: PAN Card, Voters ID card, NREGA general contractor provided, Letter based on the National Register of Population containing identity & email address, Passport copy, Driving License
  • <Income> Proof: Latest 3-month Wages slip with form 16
  • <Address> Proof: NREGA general contractor provided / Letter based on the National Register of Population containing identity & email address / Driving license / Voters card / Passport Copy /PAN Card
  • <Bank> Statement: Last 6 months.

For Self Employed:-

  • <Identity> Proof: PAN Card, Voters ID card, Passport copy, NREGA general contractor provided, Letter based on the National Register of Population containing identity & email address, Driving License
  • <Income> Proof: Latest ITR along with the wages slip
  • <Address> Proof: NREGA general contractor provided / Letter based on the National Register of Population containing identity & email address / Voters card / Passport Copy / Driving license /PAN Card
  • <Bank> Statement: Last 6 months.

Used Car Loan Jaunpur Eligibility Criteria

For Salaried:-

  1. <Minimum> age: 21 years
  2. <Maximum> age at loan maturity: 60 years
  3. <Minimum> employment:1 year at current jobs and a minimum of 2 years in total
  4. <Minimum> Annual Income: Earn at least Rs 2,50,000 a year, including spousal income

For Self-Employed:-

  1. <Minimal> age in years: 25 years
  2. <Maximal> age at payment maturity: 65 years
  3. <Minimal> employment: at smallest 3 years in sales
  4. <Minimal> Annual Income: Those who receive at least 2.50,000 Rs per year

How to Register for Used Car Loan in Jaunpur?

The provision of a used car loan Jaunpur with DialaBank is a minor procedure. Follow the steps below to get the best prices available:

  • On the website Dialabank
  • Click on the button for a used car loan in the dashboard
  • Include the details regarding the form of used car and your incomes
  • Wait for our project team to get in contact with you more on your assigned number soon.
  • In case of questions about the loan, you can also touch our relationship managers at no 9878981166.
  • To maximize the use of an offline used car loan you would also have to visit the branch immediately, which could turn out to be crowded for you.

Used Car Loan for Majorly Used Car Manufacturers in Jaunpur

TABLE WILL APPEAR

Processing Charges / Prepayment Charges on Used Car Loan Jaunpur

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 Needed for Used Car Loan in Jaunpur

The Cibil score is deemed what dictates your abilities to create your credits pay off. Higher payment history represents a better credit history which makes the application process for your used car loan straightforward which easy to process. Most of the time, banks and NBFCs consider a payment history of 750 and above as a suitable score for approving your Jaunpur loan application form.

This result will vary from bank to bank, again. You would have been compelled to pay a high fee on the loan sum in case of a poor CIBIL score than the maximum value and if your CIBIL score is better then you will have to pay a poor rate of interest. And thus a CIBIL score in a used car loan is an important aspect.

Used Car Loan Jaunpur Contact Number

With any inquiries about the used car loan in Jaunpur, you can approach for any kind of assist on the number 9878981166.

Pre Calculated EMI Table for Used Car Loan Jaunpur

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 Jaunpur

Jaunpur is a town in Uttar Pradesh, in the Jaunpur district. The region’s origin goes back to 1359 when it became known as Shiraz-e-Hind; it was founded by Feroz Shah Tughlaq. Modern-day Jaunpur has yet to experience the fruits of the sustainable growth the rest of the world is experiencing.

Used Car Loan EMI Calculator