Used Car Loan Mahendragarh

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Rates as low as 13.60%*
Up to 100% Funding
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Best/Top Banks for Used Car Loan in Mahendragarh

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 Mahendragarh Features

Used car Loan MahendragarhHow about buying a used car? But don’t they have the funds necessary for it? Never think! A used car loan is for you somewhere. A used car loan is a mode of debt or financial assistance extended to the borrowers by banks and NBFCs at a fixed interest rate to assist them in purchasing a used car.

As cars have become a need for everyone, but the cost of used cars is rising increasingly day after day. This is where you come into effect with a used car loan and satisfy your wish to be the driver of your dream used car. In Mahendragarh, the main elements of a used car loan are:

  • Transparent, hassle-free application experience, quick permits, and rapid tax payments
  • Usable with pocket-friendly EMIs for customized and convenient federal loans
  • Track your submission anywhere, anytime. Get progress reports at any point on your home loan
  • Enjoy doorway service and fast and clear paperwork

Used Car Loan Mahendragarh 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 Mahendragarh Required Documents

For Salaried:-

  • Identity copy for Proof: PAN Card, NREGA certificate released, Message provided by the National Registry of Populations including name and address descriptions, Voters ID card, Passport copy, Driving License
  • Income copy for Proof: Latest 3-month income slip with form 16
  • Address/copy for  Proof: NREGA certificate released / Message provided by the National Registry of Populations including name and address descriptions / Driving license / Voters card / Passport Copy /PAN Card
  • Bank copy for Statement: Last 6 months.

For Self Employed:-

  • Identity copy for Proof: NREGA certificate released, Message provided by the National Registry of Populations including name and address descriptions, PAN Card, Voters ID card, Passport copy, Driving License
  • Income copy for Proof: ITR and wages slips
  • Address copy for Proof: Voters card / Passport Copy / Driving license /PAN Card / NREGA certificate released / Message provided by the National Registry of Populations including name and address descriptions
  • Bank copy for Statement: Last 6 months.

Used Car Loan Mahendragarh Eligibility Criteria

For Salaried:-

  1. Minimum year of age: 21 years
  2. Minimum of Annual Income: Earn roughly Rs 2,50,000 a year, except spousal salary
  3. Maximum year of age at loan repayment: 60 years
  4. Minimum year of employment:1 year at present employment and a couple of years at work

For Self-Employed:-

  1. Minimum year of required age: 25 years
  2. Maximum years of age at loan repayment: 65 years
  3. Minimum years of employment: at most 3 years in business
  4. Minimum of Annual Income: Gross Rs. 2,50,000 per annum

How to Register/Apply for Used Car Loan in Mahendragarh?

The availability of a Mahendragarh used car loan is a straightforward procedure with DialaBank. Follow the steps to get the lowest prices:

  • Contact our Dialabank platform.
  • Click the button for used car loan eligible from the screen.
  • Fill in the information on the model of car used and your salary.
  • Wait for our service provider to get in contact with you on your assigned number shortly.
  • In the event of any inquiries about the loan, you can also email our project managers on 9878981166.
  • To make use of an indirectly used car loan you’ll need to visit the branch directly, which could turn out to be intense for you.

Used Car Loan for Majorly Used Car Manufacturers Mahendragarh

TABLE WILL APPEAR

Procedural Fees / Prepayment Charges on Used Car Loan in Mahendragarh

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 Mahendragarh

The Cibil rating is recognized as what dictates your ability to pay off your loans. A higher credit score means large credit history and allows the application process for your used car loan fast and easy to process. Mostly, a credit score of 750 and above is accepted by banks and NBFCs as a reasonable score to support your Mahendragarh loan request form.

This performance may vary from bank to bank, again. You would be expected to pay a higher interest rate on the loan sum in case of a poor CIBIL score than the required value whereas if your Fico score is decent then you will have to pay a poor real interest rate. A CIBIL score is also an important aspect for a used car loan.

Used Car Loan Mahendragarh Contact Number

If you have any issues relating the used car payment in Mahendragarh, you can contact for any other kind of assist on number 9878981166.

Pre Calculated EMI Table for Used Car Loan Mahendragarh

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 Mahendragarh

Mahendragarh region is known for its historical and cultural heritage. Narnaul has 14 major historic buildings in the city, three of which are protected by the Conservation of Central Archeology and eleven by the Department of Haryana State Archeology.

Used Car Loan EMI Calculator

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