Used Car Loan Kallakkurichi

Best Banks For Used Car Loan In Kallakkurichi

Used Car Loan Kallakkurichi Features

Everyone dreams to have their own car. But not everyone can afford it. If you can’t afford to buy a car then going for a car loan can always be a better choice. A car loan will surely help you to get your dream car. Car loans are available at a low rate of interest.

The main feature of car loan in Kallakkurichi are:

• Car loans are available on a wide range of cars at an affordable rate of interest.
• Track your application anytime, also you will receive updates about your loan application at each stage.
• Almost all major banks provide car loans in Kallakkurichi.
• The documentation process is hassle-free and quick.
• Car loans are available through Dialabank

Used Car Loan Kallakkurichi Interest Rates

Check the latest interest rates of used car loan at dialabank.

To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Used Car Loan Kallakkurichi Documents Required

These are the documents required for used Car loan-:

For Salaried Individual:

Any of the following documents as identity & Address Proof:

• Valid Passport
• Permanent Driving license [recent, legible, laminate]
• Letter issued by the National Population Register containing details of name & address
• Voters ID Card
• Job card issued by NREGA

All the following documents as proof of income:

• Latest Salary Slip
• Latest Form 16/Latest ITR
• Last 6 months bank statements

Any of the following for sign verification proof:

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

For Self Employed:

• For Age proof: Memorandum and Articles of Association/Certificate of Incorporation.
• For Identity proof: Memorandum and Articles of Association/Certificate of Incorporation.
• For Income proof: Latest ITR and audited balance sheet along with profit & loss account.
• Any of the above documents as address proof:
• Telephone Bill
• Memorandum and Articles of Association
• Certification of Incorporation
• Electricity Bill
• Any of the above documents for sign verification proof:
• Passport Copy
• Credit Card Statement with Credit Card Copy
• Banker’s Verification
• Photo Driving License with DOB (recent, legible, laminated)
• Copy of Margin Money Paid to the Bank.
• The following type of companies can also apply for a Used Car Loan:

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan Kallakkurichi Eligibility Criteria

This is the eligibility criteria needed for used car loan:

Salaried Individual:

• The minimum age of the candidate should be 21 years
• The maximum age of candidate at loan maturity should be 60 years
• Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer are eligible
• Minimum Annual Income should be Rs 2,50,000
• Doctors, CAs, employees of private limited companies, employees from public sector undertakings, including central, state, and local bodies are also eligible

Self Employed:

• For Self-Employed individual, the minimum age should 21 years and the maximum age at loan maturity should be 60 years
• Individuals who have been in business for a minimum of 3 years are eligible
• Minimum annual income should be Rs 2,50,000 per anum
• This includes individuals  who own a private company in the business of manufacturing, trading, or services
• The following type of companies are also eligible for a Used Car Loan :

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan For Major Car Manufacturers In Kallakkurichi

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Processing Fees/Prepayment Charges On Used Car Loan In Kallakkurichi

Pre Calculated EMI Table For Used Car Loan Kallakkurichi

Note-: Check your CIBIL score for used car loan at dialabank.

Used Car Loan EMI Calculator