Car is a basic need of today's era, but It is essential to buy everything according to your budget, so now you can by a used car with the help of dialabank, You can easily apply online via Dialabank to attain used car loan effortlessly, your loan will be disbursed within 48 hours.
What is Used Car Loan Kullu?
A car loan is a financial service offered to customers by popular banks and NBFCs. Banks provide you Used Car Loan with very reasonable interest rates. The car loan is disbursed within 48 hours.
Interest Rates for Used Car Loan Kullu
The interest rate for used cars is 14.00% reducing. For example, If you applied for a loan of Rs. 6,00,000 and after completion of one year you have to pay an amount of Rs. 5,00,000 then 14% will be charged on this particular amount and same will be continued.
Eligibility Criteria for Used Car Loan Kullu
- Age of the applicant should be minimum of 21 years and maximum of 65 years.
- Minimum employment 1 year in present company and a minimum of 2 years of work in total.
- Customers monthly income should be Rs 24,000.
- Minimum age 30 years. 25 years if you have earning co-applicant.
- Maximum age at loan maturity 60 years
- Minimum employment At least two years in business
- Minimum ITR filed should be 2.5 lakhs annually for two consecutive years.
Why should one choose Used Car Loan Kullu?
- Easy repayment options.
- Instant funding/ quick disbursal.
- Loan Tenure varies from 1 to 7 years.
- Affordable rate of Interest
- Quickly and hassle-free documentation.
- No hidden charges.
Documents for Used Car Loan Kullu
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License, Aadhar Card
- Income Proof: For Salaried Latest 3 months salary slip and 6 months bank statement. For Self- Employed Last 2 ITR filed and 6 months bank statement.
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy / PAN Card / Aadhar Card
- Bank Statement: Bank statements for the last six months is also required.
- RC and Insurance Copy
- Rent agreement is needed only in case of government employees.
- The CIBIL of the applicant needs to be more than 700.
- The loan tenure is from 12 months to 60 months.
- The minimum amount of credit that can be claimed by the applicant is Rs. 1 lakh.
- The persons are having CIBIL 0, 1, -1 is also considered for the loan.
Why should you choose DialaBank for a used car loan?
- Dialabank offers you a car with the lowest interest rates and with hassle free documentation.
- Dialabank Used Car Loan is one of the best options that allow an individual to buy a car.
- We offer car loans up to up to 5 years tenure.
- Apply now on our official website for instant approval and faster processing.
How to apply?
- Visit Dialabank
- Go to the loan section and select auto loan followed by car loan link.
- Provide all your information, including your phone number.
- You will recieve a phone call from our experts, and they will guide you further.
Kullu is a capital town of the Kullu district in the Indian state of Himachal Pradesh. Now it is effortless to avail used car loan with the help of Dialabank.
Used Car Loan Providers in 2019