Used Car Loan Mathura

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Used Car Loan Mathura

Best Banks for Used Car Loan in Mathura

Feature
HDFC Bank
Private 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 Mathura Features

 Used Car Loan MathuraOnly considering buying a car? But don’t they have the necessary money for it? Making no fears! There is a reliable car loan for you here. A used car loan is a form of financing or financial assistance given to the borrowers by banks and financial institutions at a reasonable rate to help them obtain a used vehicle.

Since used cars are now a necessity for everyone, but the cost of used cars is increasing steadily every day. It is here where a used car loan comes into the picture and fulfils your ambition to be the creator of your used car dream. A used car loan in Mathura has the key features of:

  • Donating on a wide selection of used cars and multi-use vehicles up to Rs.2.5 Crore
  • Get custom aid in choosing a car that suits your particular needs
  • The versatile long tenure of redemption between 12 months and 84 months
  • Witness clear, trouble-free transmission, prompt permissions, and fast overpayments

Used Car Loan Mathura 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
Private 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 Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Used Car Loan Mathura Documents Required

documents required for a car loan are mention here:

For Salaried:-

  • Identity_Proof: PAN Card, Voters ID card, Passport copy, Driving License, NREGA building surveyor distributed, Letter sponsored by the National Register of Population including named & delivery address
  • Income_Proof: Latest 3-month salary slip with form 16
  • Address_Proof: Driving license / Voters card / Passport Copy / NREGA building surveyor distributed / Letter sponsored by the National Register of Population including named & delivery address /PAN Card
  • Bank_Statement: Last 6 months.

For Self Employed:-

  • Identity_Proof: PAN Card, Voters ID card, NREGA building surveyor distributed, Letter sponsored by the National Register of Population including named & delivery address, Passport copy, Driving License
  • Income_Proof: Latest ITR and the wages hardcopies
  • Address_Proof: Voters card / Passport Copy / NREGA building surveyor distributed / Letter sponsored by the National Register of Population including named & delivery address /PAN Card
  • Bank_Statement: Last 6 months.

Used Car Loan Mathura Eligibility Criteria

eligibility criteria for a car loan are the completion of the following conditions:

For Salaried:-

  1. Minimum_age: 21 years
  2. Maximum_age at loan maturity: 60 years
  3. Minimum_employment:1 year at jobs today and an equal to 2 years for work
  4. Minimum_Annual Income: Rs 2,50,000 per annual income, Like spousal compensation

For Self-Employed:-

  1. Minimum_age: 25 years
  2. Maximum_age at loan maturity: 65 years
  3. Minimum_employment: at approximately 3 years in the sales department
  4. Minimum_Annual Income: Rs. 2,50,000 as per year

How to Apply for Used Car Loan in Mathura?

The acquisition of a Mathura used car loan is a simple process with DialaBank. Follow the following steps below to get the best deals:

  • Meet our Dialabank website
  • Click the button for a used car loan in the chart
  • Full the info relevant the form of used car and your profit
  • Hop for our service provider to get in contact with you on your assigned number later.
  • In case of any doubt about the loan, you could also contact our managers at number 9878981166.
  • To maximize the use of an offline used car loan anyone needs to visit the library directly, which could turn out to be rough for you.

Used Car Loan for Major Used Car Manufacturers in Mathura

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Mathura

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

CIBIL Score Required for Used Car Loan in Mathura

The CIBIL score is considered what decides your ability to make your payments pay off. A higher credit score represents a better credit history which makes the application process for your used car loan straightforward which easy to process. Most of the time, banks and NBFCs consider your credit record of 750 and above as a reasonable score for approving your Mathura loan request form.

You would be compelled to pay a high rate of interest on the debt sum in case of a poor CIBIL score than the supply voltage and if your CIBIL score is better then you will have to pay a poor real interest rate. Therefore a CIBIL score in a used car loan is a key factor.

A good CIBIL score provides an opportunity to negotiate and reduce the car loan interest rate to a certain extent.

Used Car Loan Mathura Contact Number

If you’ve any inquiries about the used car payment in Mathura, you can request any kind of assistance on number 9878981166.

Pre Calculated EMI Table for Used Car Loan Mathura

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 Mathura

Mathura (or Brajbhoomi) is esteemed as Lord Krishna’s origins, a powerful deity in the religious Hindu pantheon. It is a valuable Hindus pilgrim spot, and one of India’s Islamic holy cities. The Shri Krishna Janmabhoomi temple is the principal pilgrim center in Mathura. Mathura is a major hub of art, too.

Used Car Loan EMI Calculator