All About Used Car Loan Taraori
Cars are now becoming an essential part of everybody’s life. It has become the basic necessity of the people as it is one of the luxuries of life. Used car loans are now available at a meagre interest rate. Used Car Loan is financial help from the banks who provided you with the loan at meagre interest rates.
Eligibility for Used Car Loans Taraori
- 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 Loan Taraori
- 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 previous six months
- Lastly, the copy of the registration and the insurance of the vehicle is mandatory
Interest Rate for Used Car Loan Taraori
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 Loan Taraori
- 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 Loans Taraori
- 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 a Used Car Loan Online?
- First of all, you have to visit our website, 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.
Taraori 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. Taraoriis 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 Loan Taraori
- 1.1 Eligibility for Used Car Loans Taraori
- 1.2 For Salaried
- 1.3 For Self Employed
- 1.4 Documents required for Used Car Loan Taraori
- 1.5 Interest Rate for Used Car Loan Taraori
- 1.6 Additional Information for Used Car Loan Taraori
- 1.7 Benefits of Used Car Loans Taraori
- 1.8 Why should you choose Dialabank for a Used Car Loan?
- 1.9 How to Apply for a Used Car Loan Online?
- 1.10 About Taraori
- 1.11 Providers of a Used Car Loan