Car Loan Burhanpur

Best Banks for Car Loan in Burhanpur

Car Loan Burhanpur Features

Thinking of purchasing your expensive dream car? But don’t have enough finance for it? Don’t Worry! DialaBank provides the best offers on a car loan. A car loan is a means of funding your dream car provided by banks and NBFCs to applicants at an affordable and best rate of interest. Since cars have now become a necessity in today’s world, but the cost of cars is growing rapidly daily. This is where a car loan plays a dynamic role and fulfils your desire to be the owner of a luxurious car. The main features of a car loan in Burhanpur are:

• Car loans are available at affordable low-interest rates
• Almost all major banks and NBFCs offer car loans in Burhanpur
• The documentation process is instant and hassle-free
• Car loans are easily available through DialaBank with free assistance

Car Loan Burhanpur Interest Rates

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

Car Loan Burhanpur Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

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

For Self Employed Individuals:

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

Car Loan Burhanpur Eligibility Criteria

The car loan eligibility requirements are as followed in Burhanpur:

For Salaried Applicants

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: 1 year in current employment and a minimum of 2 years of employment
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 standard cars and Rs.100000 per annum for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Dewas

Processing Fees / Prepayment Charges on Car Loan Burhanpur

CIBIL Score Required for Car Loan in Burhanpur

The credit score is what defines your ability to pay off your credits. A higher CIBIL score defines your good credit history and makes your application process smooth and easy to be processed. Usually, banks and NBFCs require a credit score of 750 and above to approve your loan application process in Burhanpur. This score may vary from bank to other banks. In case a CIBIL score is less than the applicable value you will be required to pay a high rate interest rate on the loan amount.

Car Loan Burhanpur Contact Number

In case of any queries regarding the car loan in Burhanpur, you may contact the number 9878981166 or visit Dialabank for any sort of assistance.

Pre Calculated EMI Table for Car Loan Burhanpur

Car Loan EMI Calculator

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