Used Car Loan Kohima

Best Banks for Used Car Loan in Kohima

Used Car Loan Kohima Features

• Used Car Loans are accessible at low-interest prices
• Experience preferred pricing
• Follow easy, hassle-free processing, swift approvals, and immediate disbursals
• Trace your certificate anytime, anyplace. Get rank updates about your loan request at every grade
• Avail of convenient repayment plans with pocket-friendly EMIs
• Nearly all significant banks and NBFCs offer Used Car Loans in Kohima
• The documentation method is swift and hassle-free
• Used Car Loans are easily accessible through DialaBank
• Get 80% of the value of the car as a loan amount for three years without income proof
• Get 85% of the value of the vehicle as a loan amount for five years without income proof

Used Car Loan Kohima Interest Rate

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

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Used Car Loan Kohima Documents Required

An individual must check the documents required for car loan before deciding.

For Salaried:

Identity and residence proof:

• Valid Passport
• Voter ID Card
• Permanent Driving License
• Job Card
• Letter issued by the National Population Register

Income proof:

• Latest Salary Slip
• Latest Form 16/Latest ITR
• Bank statement of the last six months

Signature proof:

• Passport Copy
• Photo Driving License with DOB
• Credit card statement with Credit Card Copy
• Banker’s verification

For Self Employed:

1. Age evidence, the records required are Memorandum also Articles of Association/Certificate of Business
2. Identity verification, the records required are Memorandum also Articles of Association/Certificate of business
3. Income Proof, there is a position of the Latest ITR and balance sheet with interest and decline statement
4. Address Proof Certificates: Memorandum including Articles of Association, Telephone Bill, Certificate of Incorporation, Electricity Bill
5. Sign Verification Documentation: Passport Copy, Photo Driving Permit with DOB, Credit Card Statement, Banker’s Confirmation

Also, the Used Car Loan can be adopted in the following type of firms as well:

• Partnership Firms
• Sole Proprietorship
• Public Limited Companies

Used Car Loan Kohima Eligibility Criteria

An individual must fulfil the Eligibility criteria for car loan to avail of the loan amount.

For Salaried:-

1. Minimum age: smallest age criteria is 21 years
2. Maximum age at loan maturity: most age criteria is 60 years
3. Minimum employment: 1 year in the current job and two working years of work
4. Minimum Annual Income: Rs. 2,50,000 net annual income

For Self-Employed:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 60 years
3. Minimum employment: 3 years
4. Minimum Annual Income: Rs. 2,50,000 per annum

The following type of firm are also eligible to take a pre-owned Used Car Loan Kohima:

• Sole Proprietorship
• Partnership Firms
• Public Limited Companies
• Hindu Undivided Family

How to Apply for Used Car Loan in Kohima?

Availing a Used Car Loan Kohima is an easy process with DialaBank. Simply you need to understand the following steps to avail the best suggestions on loan:

• Visit our website Dialabank
• Click on the Used Car Loan option accessible in the menu bar
• Fill in the aspects regarding the car kind and your income (yearly)
• Wait as our contact manager will soon get in touch with you on your assigned figure.
• You may also reach our contact managers on the number 9878981166 in case of any queries concerning the loan.
• For availing a Used Car Loan in Kohima offline, you will have to visit the branch individually, which might be hectic for you.

Used Car Loan for Major Car Manufacturers in Kohima

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Processing Fees / Prepayment Charges on Used Car Loan Kohima

Pre Calculated EMI Table for Used Car Loan Kohima

You can calculate your EMI here: Car Loan EMI Calculator

About Kohima

Kohima is the principal municipality of India’s northeastern state of Nagaland. With a resident group of almost 100,000, it is the second-largest municipality in the country.

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