Used Car Loan Tanuku

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Buy Your Dream Car

Rates as low as 13.60%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Best Banks for Used Car Loan in Tanuku

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 Tanuku FeaturesUsed Car Loan Tanuku

  • Avail maximum amount of up to Rs. 2.5 crore
  • Get a 100% loan amount of the car price
  • At loan maturity, the car’s age should not exceed 10 years
  • Avail loan amount up varies from 3 to 6 times of your annual income
  • Provision of personalized assistance
  • Get customized and convenient repayment plans with reasonable value
  • Maximum loan tenure duration is up to 5 years for a pre-owned car
  • Quick 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 proof of income
  • Get benefit from end-to-end advising

Used Car Loan Tanuku Interest Rates

Bank
Processing Fee
Prepayment Charges
HDFC Bank Car Loan
(1999 - 4999) + Tax
2%, Nil foreclosure charges after 24 months
Axis Bank Car Loan
1 % to 2.50%
Nil
ICICI Bank Car Loan
0.25% to 1.50%
2%, Nil foreclosure charges after 36 months
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
2.25% of fore closure amount if closed 1 month ahead of the tenure.
IIFL Car Loan
Nil
Nil
Muthoot Car Loan
Nil
Nil
Manappauram Car Loan
Nil
Nil
PNB Car Loan
0.70% to 1%
Nil
Canara Bank Car Loan
1%
Nil
Andhra Bank Car Loan
Nil
Nil

 

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

Apply for a Car Loan

Used Car Loan Tanuku Documents Required

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 records required are Memorandum including Articles of 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 Tanuku Eligibility Criteria

For Salaried:-

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 60 years
  3. Minimum employment required: 1 year in the current job and a minimum of 2 years of job
  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: 3 years
  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 Tanuku:

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

How to Apply for Used Car Loan in Tanuku?

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

  • Visit our website Dialabank
  • Press on the car loan option accessible in the menu
  • Fill in the details about the car type and your earning
  • Our relationship manager will get in contact with you on your provided phone number.
  • You may also contact our relationship managers on the number 9878981166 if you have any queries regarding the used car loan.
  • For availing a car loan offline you should have to visit the bank branch personally, which might turn to be hectic for you.

Used Car Loan for Major Car Manufacturers in Tanuku

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan in Tanuku

Category
Details
Processing Charges
1999 - 4999 + Tax
Prepayment 
No prepayment is allowed until 12 EMIs are paid
Preclosure
No foreclosure is allowed until 12 EMIs are paid
Prepayment Charges
13-24 months: 2% of loan principal outstanding
>36 months: Nil Charges
Stamp Duty
As per state laws
Cheque Bounce Chgs
₹ 550/chq +  GST
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
2% p.m.(on overdue amount)
Amortisation Schedule Chgs
Rs 200 + GST
ucl_processing_fees

Used Car Loan Tanuku Contact Number

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

Pre Calculated EMI Table for Used Car Loan Tanuku

Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466

Used Car Loan EMI Calculator Tanuku

About Tanuku

Tanuku is a town in the West Godavari region of the Indian state of Andhra Pradesh. It is the Mandal quarters of Tanuku Mandal in Kovvur revenue division.

Other Cities with the Car loan in Andhra Pradesh

Used Car Loan Nuzvid Used Car Loan Rajahmundry
Used Car Loan Macherla Used Car Loan Pithapuram
Used Car Loan Visakhapatnam Used Car Loan Srikakulam
Used Car Loan Tirupati Used Car Loan Punganur
Menu