Used Car Loan Pallavaram

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 Siwan Pallavaram

• The loan gets quickly disbursed.
• Repayment options are easy.
• Affordable rate of interest.
• There are no hidden charges.
• Quickly and hassle-free documentation.

Used Car Loan Pallavaram Interest Rates

To check Personal Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Used Car Loan Pallavaram Documents Required

For Salaried:

• Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
• Income Proof: Latest 3-month salary slip with form 16
• Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 3 months.

For Self Employed:

• Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
• Income Proof: Latest ITR
• Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 3 months.

Public Limited Companies, Private Limited Companies, Hindu Undivided Family – HUF can also avail used car loan.

Used Car Loan Pallavaram Eligibility Criteria

For Salaried:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 60 years
3. Minimum employment: 1 year in current employment and a minimum of 2 years of employment
4. Minimum Annual Income: Rs 2,50,000 net annual income

For Self-Employed:-

1. Minimum age: 25 years
2. Minimum Annual Income: Rs 2,50,000 net annual income
3. Maximum age at loan maturity: 65 years
4. Minimum employment: Should have been in business for a minimum of 3 years

Used Car Loan for Major Car Manufacturers in Pallavaram

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan in Pallavaram

Used Car Loan Pallavaram Contact Number

In case of any queries regarding the used car loan in Pallavaram, you may contact the number 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Used Car Loan Pallavaram

Used Car Loan EMI Calculator Pallavaram

About Pallavaram

Pallavaram is a locality in Chennai, Tamil Nadu, India. The place is a selection-grade municipality located to the South of the metropolitan city of Chennai.