Used Car Loan Panjim

Best Banks for Used Car Loan in Panjim

Used Car Loan Panjim Features

• Avail maximum loan amount of up to Rs. 2.5 crore
• Get a 100% loan amount of the car value
• At loan maturity, the car’s age should not exceed 10 years
• Avail loan amount up to 6 times of your annual income
• Provision of personalized assistance
• Get customized and convenient repayment plans with reasonably priced
• Maximum loan tenure is up to 5 years for a pre-owned car
• Easy and smooth processing
• Get your second-hand car approval faster
• Loan amount disbursed quickly
• Quick and easy documentation
• Get a loan amount of up to 85% of the car value without income proof
• Get benefit from end-to-end advising

Used Car Loan Panjim Interest Rates

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

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Used Car Loan Panjim Documents Required

Documents required for car loan are as followed:

For Salaried:

Any of the following documentation required for identity and residence proof:

• Valid Passport
• Voter ID Card
• Permanent Driving License
• Job Card
• Letter issued by the National Population Register

The following documents for income proof:

• Latest Salary Slip
• Latest Form 16/Latest ITR
• Bank statement of last 6 months

Any of the following document required for signature proof:

• Passport Copy
• Photo Driving License with DOB
• Credit card statement with Credit Card Copy
• Banker’s verification

For Self Employed:

1. For age proof, the documents required are Memorandum and Articles of Association/Certificate of Incorporation
2. For identity proof, the documents required are Memorandum and Articles of Association/Certificate of Incorporation
3. For Income Proof, there is a requirement of Latest ITR and balance sheet with profit and loss account
4. Address Proof Documents(Anyone): Memorandum and Articles of Association, Certificate of Incorporation, Telephone Bill, Electricity Bill
5. For Sign Verification Proof: Passport Copy, Photo Driving License with DOB, Credit Card Statement, Banker’s Verification

Also, the used car loan can be borrowed in the following type of firms as well:

• Partnership Firms
• Sole Proprietorship
• Public Limited Companies

Used Car Loan Panjim Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 60 years
3. Minimum employment: 1 year in modern employment and a least of 2 years of profession
4. Minimum Yearly Income: Rs 2,50,000 net yearly income

For Self-Employed:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 60 years
3. Minimum employment: at least 3 years in economics
4. Minimum Annual Income: Rs, 2,50,000 per annum

The following type of firm are also eligible to take a pre-owned car loan in Panjim:

• Sole Proprietorship
• Partnership Firms
• Public Limited Companies
• Hindu Undivided Family

How to Apply for Used Car Loan in Panjim?

Availing a Used Car Loan in Panjim is an easy and smooth process with Dialabank. Follow the following steps to get the best offers:

• Visit our website Dialabank
• Click on the car loan option accessible in the menu
• Fill in the features about the car type and your salary
• Wait as our relationship manager will soon get in contact with you on your provided number.
• You may also contact our relationship managers on the number 9878981166 in case of any queries regarding the used car loan.
• For availing a car loan offline you will have to visit the bank branch personally, which might turn to be hectic for you.

Used Car Loan for Major Car Manufacturers in Panjim

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan in Panjim

CIBIL Score Required for Used Car Loan in Panjim

The CIBIL score is connected to what defines your capacity to pay off your credits. A higher Credit score means good credit history and makes your Used Car Loan Panjim application process hassle-free and easy to be processed. Mostly, banks and NBFCs consider a good credit score to approve your loan application process in Used Car Loan Panjim.

The CIBIL score required for availing a loan for a used car or second-hand cars in Panjim is 750 and above. Those who have a minimum CIBIL score of 750 is eligible for getting a pre-owned car loan in Panjim. This score may again differ from bank to bank. In case of a low CIBIL score than the required value, you will be required to pay a high rate interest rate on the loan amount while if your CIBIL score is good then you may have to pay a low-interest rate. Thus, a CIBIL score is an important factor for getting a Used Car Loan Panjim.

Used Car Loan Panjim Contact Number

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

Pre Calculated EMI Table for Used Car Loan Panjim

Used Car Loan EMI Calculator Panjim

About Panjim

Panjim or Panaji is the center of the Indian state of Goa and the base of the North Goa district. It rests on the banks of the Mandovi River water in the Ilhas de Goa sub-district (taluka). With a group of 114,759 in the metropolitan area.

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