All About Used Car Loans Tandur
In today’s era car plays a vital role in the day to day life. One cannot bears the cruelty of weather so everyone needs a shelter in which they can travel. Car is nowadays becoming so useful that everyone is demanding a car. For the fulfilment of used car we are providing a loan for a used car. It is easy to get the used car loan.
Eligibility for Used Car Loans in Tandur
- Firstly, the minimum age of the applicant must be of 21 years, and the maximum age is 60 years
- Secondly, the minimum salary of the applicant should be 24000 per month or above.
- Any applicant who is a government employee but living in a rented house can utilize the services of the used car loan.
- The used car loan is only for the government employees if the applicant is working for the non-government organization in that case you cannot apply for the loan.
For Self employed
- Firstly, The minimum age of the applicant should be 30, and the maximum age can be 60 who applies for the used car loan
- Secondly, A minimum IRT of 250000 should be filed for at least two years
- ITR is a must in this process.
Documents Required for Used Car Loans Tandur
- The following documents are listed which are mandatory for applying for the used car loan
- An identity proof which includes aadhar card, voter card, pan card, passport copy, driving license
- Address proof which includes aadhar card, voter card, pan card, driving license, passport copy and electricity bill if you are a tenant.
- Income proof for salaried will be the latest salary slip of 3 months and for the Self-employed, it will be the copy of ITR filed of last two years
- Bank statement which includes the copy of bank statement of the last 6 months
- Lastly, the copy of the registration and the insurance of the vehicle is mandatory
Interest rate for Used Car Loans Tandur
The interest in used car loans is decreasing by 14.00% per year. For instance, if you take the credit of 500000 and after a year if you have paid 200000, then the interest rate will be applied only to the left amount, i.e. of 300000.
Additional Information for Used Car Loans Tandur
- applying for the loan you should have maintained a good CIBIL score. It needs to be more than 700.
- In this loan process, the loans will be only available to the car model, which are launched after 2013.
- Moreover, the applicant can claim the minimum amount of credit that is Rs 1 lakh
- The amount of the loan is given to you from 12 months to 60 months, i.e. from one year to 5 years.
- If you have no CIBIL score or having a CIBIL score of 1, -1 can also apply for the loan.
- The loan amount will be payout in your bank accounts within 48 hours.
Benefits of Used Car Loan Tandur
- The option of the easy monthly repayment is here for you
- It is a secured loan thus The interest rates will be affordable.
- The documentation process is easy which provides us to get the loans quickly.
Why should you choose Dialabank for a Used Car Loan?
- Dialabank offers you the cheapest interest across your area with no heavy documentation. It helps you to get your loan quickly and easily.
- Diala bank used car loans provides the best options to you which is affordable to all the applicants.
- With the support of Dialabank, you can get the best in the market loan to the value ratio.
- Apply now to our website to get the best details of you used a car loan
How to apply for Used Car Loans Tandur?
- First of all, you have to visit our website,Dialabank
- Then click on the option of car loan on the website of dialabank
- Fill the necessary details that are required for the used car loan
- Apply for the loan but don’t forget to mention your contact information.
Tandur is the town in the district of Vikarabad of the Indian state, Telangana. The source of the drinking water to the state is river Kangna. Tandur is famous for the production of limestone. It is the distributor of limestone which is used for flooring and slabs.
Providers of a Used Car Loan
Table of Contents
- 1 All About Used Car Loans Tandur
- 2 Interest rate for Used Car Loans Tandur