Used Car Loan Lalganj

Best Banks For Used Car Loan In Lalganj

Used Car Loan Lalganj Features

Thinking about purchasing a new car? but running out of budget? Here’s a car loan for you. A car loan will surely help you to get you a car of your choice that too on a low rate of interest. You can also get a loan on used cars.

The main feature of car loan in Lalganj are:

• The documentation process is transparent, quick, and very simple.
• Almost all major banks provide car loans in Lalganj.
• Loans are available on pre-owned cars that too at an affordable rate of interest.
• You will get personalized help to choose a car.
• You can get up to 85% of the loan amount for 5 years without income proof.
• You can track your application anytime, anywhere.
• Car loans are available through Dialabank

Used Car Loan Lalganj Interest Rates

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

Used Car Loan Lalganj Documents Required

For Salaried Individual:

Any of the following documents as identity & Address Proof:

• Valid Passport
• Permanent Driving license [recent, legible, laminate]
• Letter issued by the National Population Register containing details of name & address
• Voters ID Card
• Job card issued by NREGA

All the following documents as proof of income:

• Latest Salary Slip
• Latest Form 16/Latest ITR
• Last 6 months bank statements

Any of the following for sign verification proof:

• Credit Card Statement with Credit Card Copy
• Banker’s Verification
• Passport Copy
• Photo Driving License with DOB (recent, legible, laminated)
• Copy of Margin Money Paid to the Bank

For Self Employed:

• For Age proof: Memorandum and Articles of Association/Certificate of Incorporation.
• For Identity proof: Memorandum and Articles of Association/Certificate of Incorporation.
• For Income proof: Latest ITR and audited balance sheet along with profit & loss account.
• Any of the above documents as address proof:
• Telephone Bill
• Memorandum and Articles of Association
• Certification of Incorporation
• Electricity Bill
• Any of the above documents for sign verification proof:
• Passport Copy
• Credit Card Statement with Credit Card Copy
• Banker’s Verification
• Photo Driving License with DOB (recent, legible, laminated)
• Copy of Margin Money Paid to the Bank.
• The following type of companies can also apply for a Used Car Loan:

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan Lalganj Eligibility Criteria

The following people are eligible to apply for a Pre-Owned Car Loan:

Salaried Individual:

• The doctors, CAs, employees of private limited companies, employees from public sector undertakings, including central, state, and local bodies are eligible
• The minimum age of the candidate should be 21 years.
• The maximum age of the candidate should be 60  years
• Individuals who at least have had a job for 2 years, with a minimum of 1 year with the present employer.
• 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 individuals who own a private company in the business of manufacturing, trading, or services
• Rs. 2,50,000 per annum should be a minimum earning.
• Individuals who have an office landline.
• The following type of companies are also eligible for a Used Car Loan :

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan For Major Car Manufacturers In Lalganj

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Processing Fees/Prepayment Charges On Used Car Loan In Lalganj

Pre Calculated EMI Table For Used Car Loan Lalganj

Used Car Loan EMI Calculator