Used Car Loan Meerut

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About Used Car Loan Meerut

Used Car Loan Meerut


Buying a car has always been a tough job as the prices of cars are touching the sky. There are only few people who have the funds in their bank account to manage buying even a used vehicle.

The solution to this problem is availing Used Car Loan Meerut that offers monetary help to people who wishes to buy a preowned vehicle.

What to know about Used Car Loan Meerut?

  1. Documents
  2. Eligibility
  3. Features
  4. Charges
  5. Interest Rate

Features and Benefits of Used Car Loan Meerut with Dialabank

  • Loan approvals in 24 hours.
  • Flexible re-payment option(s), which ranges from 12 to 60 months
  • Car model should not be older than 5 years from the present time
  • Attractive interest rates.
  • Finance up to 92% of the car’s value
  • Choose any car available in India
  • Repay your Loan with easy EMIs
  • Hassle free loans – no post dated cheques required
  • Easy and simple documentation.

Eligibility Criteria for Used Car Loan Meerut

Salaried Individuals

  1. Age of the applicant should be minimum of 21 years and maximum of 65 years.
  2. Minimum employment 1 year in present company and a minimum of 2 years of work in total.
  3. Monthly income of the applicant should be Rs 24,000.

Self-Employed

  1. Minimum age 30 years. 25 years if you have earning co-applicant.
  2. Maximum age at loan maturity 60 years
  3. Minimum employment At least two years in business
  4. Minimum ITR filed should be 2.5 lakhs annually for two consecutive years.

Documents for Used Car Loan Meerut

  1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License, Aadhar Card
  2. 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.
  3. Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy / PAN Card / Aadhar Card
  4. Bank Statement: Bank statements for the last six months is also required.

Interest Rates for Used Car Loan Meerut

Banks/Rates New Car Loan Interest Rate (Reducing) Used Car Loan  Interest Rate (Reducing) Processing Fee Get The Best Offers
HDFC Bank 10.00% – 11.00% 13.99% – 15.50% Rs. 999 to Rs. 4300 Apply Now
Axis Bank 10.25% – 11:25% 14.50% to 16% Rs. 3500 to Rs. 5500 Apply Now
Bank of Baroda 10.75% N.A. 0.75% Up to 15 Lac Apply Now
Kotak Mahindra Bank 11.50% – 13.50% 17% – 20% Rs.3300 to Rs.4750 Apply Now
Punjab National Bank 10.75% to 11% NA 0.5% to 1.5% Apply Now
State Bank Group 10.50% 17.05% to 17.30% 0.50% Apply Now
ICICI Bank 10.50% to 11.75% 16.50% to 18.00% Rs.2500 to Rs.5000 Apply Now
Bank of India 10.50% to 13.50% 13.50% to 14.50% 0.50% to Rs.25000 Apply Now
Canara Bank 12.50% Fixed N.A 0.10% of Loan Amount Apply Now
Corporation Bank 13.75% N.A 0.50% Apply Now

Facts about Meerut:

Meerut is an ancient city in Uttar Pradesh, India. It is the second biggest city of NCR Region and 25th biggest city in India. The second largest military cantonment is situated in this city. It is well known as the biggest producer of musical instruments and sports goods.

Leading Auto Loan Providers in Meerut (Click to Apply)
Axis Bank Car Loan ICICI Bank Car  Loan HDFC Car Loan Other Banks

Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as a information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly.

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