Used Car Loan Karaikudi

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Rates as low as 13.60%*
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Best Banks for Used Car Loan in Karaikudi

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 Karaikudi Features

Used Car Loan KaraikudiGoing to reflect on buying a used car? But do not you have the required resources for it? Create no fears! There is a used car loan for you again. A used car loan is a type of credit or state aid given to the customers by banks and NBFCs at a reasonable rate to help them obtain a used vehicle.

Although used cars have now become a necessity for everybody, the cost of used cars gradually increases nearly every day. This is where a used car loan comes into question and fills your need to be your dream car driver. The best characteristics of a Karaikudi used car loan seem to be:

  • Loaning on a wide array of used cars and cross-utility vehicles up to Rs.2.5 crore
  • End-to-end consultation profit — from studies to quitclaim deed
  • Offers unique and efficient federal loans with EMIs that are mobile-friendly
  • Experience open, trouble-free application, rapid approvals, and fast disbursements

Used Car Loan Karaikudi 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 Karaikudi Documents Required

For Salaried:-

  • Identity-Required Proof: PAN Card, Voters ID card, Passport copy, NREGA job card produced, Letter given by the national registration of Population containing identity & delivery address, Driving License
  • Income-Required Proof: Latest 3-month salary slip with form 16
  • Address-Required Proof: NREGA job card produced / Letter given by the national registration of Population containing identity & delivery address / Driving license / Voters card / Passport Copy /PAN Card
  • Bank-Required Statement: Last 6 months.

For Self Employed:-

  • Identity-Required Proof: PAN Card, Voters ID card, NREGA job card produced, Letter given by the national registration of Population containing identity & delivery address, Passport copy, Driving License
  • Income-Required Proof: Latest ITR with current salary slip
  • Address-Required Proof: Voters card / Passport Copy / Driving license / NREGA job card produced / Letter given by the national registration of Population containing identity & delivery address / PAN Card
  • Bank-Required Statement: Last 6 months.

Used Car Loan Karaikudi Eligibility Criteria

For Salaried:-

  1. Minimum-Required age: 21 years
  2. Maximum-Required age at maturity: 60 years at loan
  3. Minimum-Required employment:1 year at present employment and similar proportion years at work
  4. Minimum-Required Annual Income: Rs. 2,50,000 per capita income, with marital profits

For Self-Employed:-

  1. Minimum-Required age: 25 years of age
  2. Maximum-Required age at maturity: 65 years in tenure
  3. Minimum-Required employment: at smallest 3 years in employment
  4. Minimum-Required Annual Income: Rs. 2,50,000 per capita income

How to Apply for Used Car Loan in Karaikudi?

The availability of a Karaikudi used car loan is a straightforward process with DialaBank. Follow the same steps below and get the best deals:

  • Go to our website Dialabank
  • Click on the button for a used car loan in the summary
  • Plete the details regarding the style of used car and your profit
  • Watch for our project team to get in sync with you on your assigned number soon.
  • In case of any doubts about the loan, you also can notify our managers at number 9878981166.
  • To maximize the use of an indirectly used car loan you’ll need to visit the bank directly, which could turn out to be exhausting for you.

Used Car Loan for Major Used Car Manufacturers in Karaikudi

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Karaikudi

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 Karaikudi

The Cibil score is considered who dictates your opportunity to make your credits work off. A higher monthly payment means good credit rating and quick and simple approval of your car lending process. Most of the time, banks and NBFCs assign a credit score of 750 and above as a decent score for authorizing your Karaikudi loan registration form.

This result will vary from bank to bank, again. You would have been expected to pay a higher interest rate on the loan volume in case of a lower CIBIL score than the rated value and if your CIBIL score is better then you will have to pay a weak real interest rate. Therefore a CIBIL score with a used car loan is a critical factor.

Used Car Loan Karaikudi Contact Number

For any requests about the used car loan in Karaikudi, you can request for any kind of guidance on number 9878981166.

Pre Calculated EMI Table for Used Car Loan Karaikudi

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 Karaikudi

Karaikudi and its related places have endless temples and shrines of which some are world-renowned. A Temple is an antithesis of history and tradition. Temples operated not only as a place of worship but also as a place of relaxation, preaching, education, public meetings, ceremonies, patronizing literature, poetry, music, dance, dramas, fine arts.

Used Car Loan EMI Calculator

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