Best Banks for Used Car Loan in Mandya
Used Car Loan Mandya Features
You can now enjoy the perk of a Used Car Loan Mandya, which delivers in the following features as stated below by Dialabank for you:
- Beginning from 12 months, we have flexible repayment plans planned for you.
- The readily payable instalments are prepared with handy and customized repayment strategies.
- Our highly-trained specialists to help choose a car that meets your needs for a personalised experience.
- You may also obtain up to 3-6 times your year-long pay which means 100% of the value of the car.
- Get loan amount for 5 years without income proof-verification up to 85% of the value of the car.
- Simple documentation for our clients who can now experience doorstep aid.
- Loan up to Rs 2.5 crore on the value of the car can be obtained by you.
- Maximum loan claim for 60 months given that the car at loan maturity phase should be a maximum of 10 years.
*Terms and Conditions Apply
Used Car Loan Mandya Interest Rates
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 Mandya Documents Required
For Salaried Individuals:
For Identity and Address Proof:
- Passport Copy
- A letter allotted by the National Population Register stating name and address
- Driving license
- Voters ID Card
- Job card granted by NREGA
For Income Proof:
- Latest Salary Slip is asked
- Bank Statements for the last six months
- Latest Form 16/ Latest Income Tax Return report
For Signature Verification Proof:
- Driving License
- Credit Card Statement and its Copy
- Verification of the banker
- Copy of margin cash paid to the Bank
- Passport Copy
For Self Employed**:
Income proof: Freshest ITR records and audited balance sheet with profit & loss account details.
Age and identity proof: Certificate of Incorporation/ Memorandum and Articles of Association.
For Sign Verification Proof:
- Credit Card Statement and its Copy
- Copy of Margin Money Paid to Bank.
- Passport Copy
- Verification of the banker
- Driving License Copy
For Address Proof:
- Telephone Bill
- Electricity Bill
- Memorandum and Articles of Association
- Certification of Incorporation
**The subsequent companies are also applicable for a Used Car Loan Mandya:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Mandya Eligibility Criteria
The following people are eligible to ask for a Pre-Owned Car Loan in Mandya:
Salaried Individual:
- Minimum Employment Practice: People having job experience for a minimum of 2 years and a minimum of 1 year with the current employer can apply.
- Minimum Earning: People earning a minimum of Rs. 2.5 lakhs yearly, the earnings of the spouse or mate can be recognised as added with the candidate’s income.
- Age Limit: People possessing the age of 21 years when demanding for the loan and a maximum of 60 years of age at the end of the loan maturity tenure.
- Professionals such as a doctor, CAs, a private or public limited company employee can apply for the loan.
Self Employed***:
- People who own a private company in the business of manufacturing, trading, or service establishments.
- Rs. 2.5 lakhs per year should be a minimum earning.
- People who have an office landline number.
***The following companies are also eligible for a Used Car Loan Mandya:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Private Limited Companies
Used Car Loan for Major Car Manufacturers in Mandya
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Mandya
ucl_processing_fees
Pre Calculated EMI Table for Used Car Loan Mandya
Used Car Loan EMI Calculator Mandya
About Mandya
Mandya is positioned in the Indian state of Karnataka and is well-attached with railway and roadway routes.
Used Car Loan For Other Cities In Karnataka
Used Car Loan Mudhol |
Used Car Loan Bellary |
Used Car Loan Chitradurga |
Used Car Loan Sandur |
Table of Contents
- 1 Best Banks for Used Car Loan in Mandya
- 2 Used Car Loan Mandya Features
- 3 Used Car Loan Mandya Interest Rates
- 4 Used Car Loan Mandya Documents Required
- 5 Used Car Loan Mandya Eligibility Criteria
- 6 Used Car Loan for Major Car Manufacturers in Mandya
- 7 Processing Fees / Prepayment Charges on Used Car Loan Mandya
- 8 Pre Calculated EMI Table for Used Car Loan Mandya
- 9 Used Car Loan EMI Calculator Mandya
- 10 About Mandya