Best Banks for Used Car Loan in Sonipat
Used Car Loan Sonipat Features
Considering buying a pre-used four-wheeler? However, don’t have the necessary assets for it? Try not to stress! Since vehicles have become a need for everybody, except the expense of vehicles is becoming quickly day by day. This is the place a vehicle advance becomes an integral factor and satisfies your longing to be the proprietor of your fantasy vehicle. The principle highlights of a trade-in used car loan Sonipat are:
Vehicle credits are accessible at low financing costs. Practically all significant banks and NBFCs offer vehicle advances in Sonipat. The documentation cycle is snappy and bothers free. Vehicle credits are effectively accessible through DialaBank.
Used Car Loan Sonipat Interest Rate
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Sonipat Documents Required
Documents required for a car loan are as followed:
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 /PAN Card
- Bank Statement: Last six months
For Self Employed:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Income Proof: Latest Income tax return (ITR)
- Address Proof: Voters card / Passport Copy / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last six months
Car Loan Sonipat Eligibility Criteria
The car loan eligibility requirements are as followed in Sonipat:
For Salaried:-
- Minimum age: 21 years
- Maximum age at loan maturity: 60years
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment
- Minimum Annual Income: Net income of 2.5 Lakhs per year
For Self-Employed:-
- Minimum age: 25 years
- Maximum age at loan maturity: 65 years
- Minimum employment: at smallest 3 years in sales
- Minimum Annual Income: 2.5 Lakhs annually
How to Apply for Used Car Loan Sonipat?
Availing a used car loan Sonipat is an easy process with DialaBank. Follow the following steps to avail of the best offers:
- Visit our website Dialabank.
- Click on the car loan option available in the menu.
- Fill in the details regarding the car type and your income.
- Wait as our relationship manager will soon get in touch with you on your provided number.
- You may also contact our relationship managers on the number 9878981166 in case of any queries regarding the loan.
- For availing a car loan offline you will have to visit the branch personally, which might turn to be hectic for you.
Car Loan for Major Car Manufacturers in Sonipat
TABLE WILL APPEAR
Category
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Details
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Processing Charges
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1999 - 4999 + Tax
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Prepayment
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No prepayment is allowed until 12 EMIs are paid
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Preclosure
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No foreclosure is allowed until 12 EMIs are paid
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Prepayment Charges
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13-24 months: 2% of loan principal outstanding
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>36 months: Nil Charges
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Stamp Duty
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As per state laws
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Cheque Bounce Chgs
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₹ 550/chq + GST
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Floating Rate of Interest
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Not Applicable
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Overdue EMI Interest
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2% p.m.(on overdue amount)
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Amortisation Schedule Chgs
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Rs 200 + GST
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CIBIL Score for Used Car Loan Sonipat
This score may again vary 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 rate of interest. Thus, a CIBIL score is an important factor in a car loan.
Used Car Loan Sonipat Contact Number
In case of any queries regarding the car loan in Sonipat, you may contact on the number 9878981166 for any sort of assistance.
Pre Calculated EMI Table for Car Loan Mumbai
About Sonipat
Sonipat is a city and a Municipal Corporation in the Haryana province of India. It goes under the National Capital Region and is around 44 kilometres (27 mi) from Delhi. It is additionally around 214 km(128 miles) southwest of Chandigarh, the state capital. The Yamuna River runs along with the eastern limit.
On 22 December 1972, Sonipat has made an undeniable area. Sonipat Junction railroad station is the primary rail line intersection on the Delhi-Kalka line. It lies on Delhi Western Peripheral Expressway, Eastern Peripheral Expressway (NE II) and Grand Trunk Road (NH 44) just as the arranged Delhi–Sonipat–Panipat Regional Rapid Transit System and it is additionally associated by the under usage Delhi Metro expansion of Yellow line to be finished in Phase IV by March 2022.
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