Best Banks For Used Car Loan In Varanasi
Used Car Loan Varanasi Features
One can avail of up to Rs.2.5 crore of loan amount by getting approximately 3 to 6 times your annual income as well as can borrow up to 100% of the value of the car*
Some other amazing used car loan Varanasi features include:
- Hassle and complex free process.
- Quick and fast loan approvals and disbursals.
- Easy pickup services of the documents from your door.
- Up to 85% of the value of the car as a loan amount for 5 years and that too without any income proof.
The age of Car should not cross 10 years at loan maturity. The maximum loan tenure of 60 months is available with flexible repayment tenures from 12 months to 60 months.
*Terms & conditions apply, offers on specific models only.
Visit Dialabank to know more about Used Car Loan Varanasi.
Used Car Loan Varanasi Interest Rates
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Varanasi Documents Required
Documents required for a car loan are as followed:
For Salaried Individual:
Address Proof:
- Valid Passport
- Permanent Driving license [recent, legible, laminate]
- Letter advertised by the National Population Register comprising details of name & address
- Voters ID Card
- Job card issued by NREGA
proof of income:
- Latest Salary Slip
- Latest Form 16/Latest ITR
- Bank Statements for the previous 6 months
Signature verification proof:
- Credit Card Statement with Credit Card Copy
- Banker’s Verification
- Passport Copy
- Photo Driving Permit with DOB (current, legible, layered)
- Image of Margin Money Advanced to the Bank
For Self Employed:
Age proof: Memorandum plus Articles of Association/Certificate of Incorporation.
Identity proof: Memorandum and Articles of Association/Certificate of Incorporation.
Income proof: Latest ITR and audited balance sheet along with profit & loss account.
Address proof:
- Telephone Bill
- Memorandum and Articles of Association
- Certification of Incorporation
- Electricity Bill
Signature verification proof:
- Passport Copy
- Credit Card Statement with Credit Card Copy
- Banker’s Verification
- Photo Driving Consent with DOB (up-to-date, legible, stratified)
- Proof of Margin Money Returned to the Bank.
The following type of companies can also apply for a Used Car Loan Varanasi with the above-mentioned documents:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Varanasi Eligibility Criteria
The car loan eligibility requirements are as followed in Varanasi:
Salaried Individual:
- The applicant must be: Who is a doctor, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.
- Age Range: Individuals who are a minimum of 21 years of age when applying for the loan, and a maximum of 60 years of age at the end of the loan tenure
- Minimum Work Experience: Individuals who at least have had a job for 2 years, with a minimum of 1 year with the present employer.
- Minimum Earning: Those who earn a minimum of Rs. 2,50,000 per year., The income of the spouse can be considered as one with the applicant’s income.
Self Employed:
- This includes people who own a private corporation in the business of manufacturing, trading, or duties
- Rs. 2,50,000 per annum should be a minimum earning.
- Individuals who have an office landline.
The following type of companies also require the same eligibility criteria to get a Used Car Loan Varanasi:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
How to Apply for Used Car Loan in Varanasi?
Availing a used car loan in Varanasi is an easy process with the help of DialaBank. Follow the quick steps mentioned below to avail the best offers:
- Visit us online at Dialabank
- Go to the specific city page for used car loan Varanasi
- Fill in the details required in the fast and easy Used Car Loan Application Form.
- Please wait as our relationship manager will soon get in touch with you for further information and process.
Used Car Loan For Major Car Manufacturers In Varanasi
TABLE WILL APPEAR
Processing Fees / Prepayment Charges On Used Car Loan In Varanasi
CIBIL Score Required For Used Car Loan Varanasi
A large CIBIL score is a necessity before applying for any loan other than a gold loan. It is essentially a support for your loan, for this reason, every lending organization has its own controlled criteria for the lowest required CIBIL score for processing a loan request. Usually, most institutions need a minimum CIBIL score of 750 to process your loan application without any failure.
It is not just your CIBIL score, many companies also look at the specific behaviour on the previous loans taken by you, including features on the type of loan and the loan sum, payment plans, and if all deadlines are met while repayment. Making sure your CIBIL score is great before applying for a loan is good work.
Used Car Loan Varanasi Contact Number
In case of any queries considering used car loans in Varanasi, you may reach us by dialling 9878981166 for any sort of assistance.
Pre Calculated EMI Table For Used Car Loan Varanasi
Used Car Loan EMI Calculator
About Varanasi
Varanasi, also known as Benares, Banaras, or Kashi, is a city on the banks of the river Ganges in Uttar Pradesh, India. It is a major religious hub in India, it is the holiest of the seven sacred centres in Hinduism and Jainism.
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