Car Loan Nalagarh

Best Banks for Car Loan in Nalagarh

Car Loan Nalagarh Features

Are you one of those who require to buy an extravagant and expensive car? If the response to this is a yes, then availing a Car Loan Nalagarh is the most suitable deal for you. It is a choice that offers you the funds needed to buy a car. The loan sum procured through this scheme can be used for getting any car according to your preference.

Features of a car loan in Nalagarh are:

• Up to 90-95%% of the funding possible for new cars
• Up to 80-85%% of the funding accessible for used cars
• The loan tenure duration is usually between 1 to 7 years.
• The interest rate is determined by the principle of compound interest.
• Equated Monthly Installment is served out for repayment.
• Immediate settlement of the pending amount is available subject to the pre-payment penalty.

Car Loan Nalagarh Interest Rates

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

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Car Loan Nalagarh Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

1. Identification Proof: PAN Card, Voters ID card, Passport copy, Driving License
2. Income Proof: Most advanced 3-month salary slip including form 16
3. Residence Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
4. Bank Statement: Last 6 months.

For Self Employed Individuals:

1. Identification Proof: Driving License, Passport copy, PAN Card, Voters ID card,
2. Income Proof: Latest ITR
3. Address Proof(anyone): Ration card/ Driving license / Passport Copy / Telephone Bill / Electricity Bill / Voters card / Life Insurance Policy /PAN Card
4. Bank Statement: Last 6 months.

Car Loan Nalagarh Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried Applicants

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: 1 year in prevailing employment and a minimum of 2 years of profession
4. Minimum Annual Income: Rs.100000 net annual income

For Self-Employed Applicants

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: At least 3 years in business
4. Minimum Annual Income: Net profit Rs. 60000 per annum for approved cars and Rs.100000 per annum for mid-sized and prime cars

Car Loan for Major Car Manufacturers in Nalagarh

TABLE WILL APPEAR

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Processing Fees / Prepayment Charges on Car Loan in Nalagarh

CIBIL Score Required for Car Loan in Nalagarh

CIBIL score reveals your credit history in the past as well as your wants in repayment of your past loans. A good credit score is viewed as 750 and above as most of the financial organizations ask for a high credit score. Every bank and NBFC has diverse criteria for a minimum CIBIL score they require to process your loan. A Lower CIBIL score than 750 can bring a greater rate of interest.

Other than the CIBIL score, the institutions also check the history of your previous loans that you have taken. It involves the type of loan and the loan amount. If you have any delay payments of previous loans, then your car loan application might be refused.

A very low CIBIL score might lead to denial of your loan as it is the first thing a bank tracks before preparing your loan.

Car Loan Nalagarh Agent Contact Number

For any queries regarding the car loan in Nalagarh, you can drop us a call at 9878981166.

Pre Calculated EMI Table for Car Loan Nalagarh

Car Loan EMI Calculator Nalagarh

You can calculate your EMI here: Car Loan EMI Calculator

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About Nalagarh

Nalagarh is a city and a municipal committee in Solan district in the Indian state of Himachal Pradesh. According to the 2011 census, the Nalagarh Municipal Council has a population of 10,708.  Nalagarh has an ordinary literacy rate of 90.03% more expensive than the state average of 82.80%. Nalagarh is a municipal committee with 9 wards. Nalagarh area touches the fields of Ropar and Anandpur Sahib of Punjab. Nalagarh is a gateway to Himachal Pradesh in North India, 300 km of north Delhi, and 60 km from Chandigarh.

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