Car Loan Gudur

Best Banks for Car Loan in Gudur

Car Loan Gudur Features

Do you want to have your car? an automobile has become a necessity, in today’s fast-moving world. But not everyone is able to afford the huge price for these luxurious cars. To avail of the car loan which plays an important role in buying the new car, this is where we dialabank come in to help you.

With easy repayment options available, a Car Loan is a secured loan  through various banks. In exchange for Interest charges on the principal amount,  the loan amount is offered which vary from one bank to another.

Depending upon certain factors like your income, CIBIL score the car loan requirements vary. So if you are thinking of purchasing your dream car in Gudur, get an instant Car loan with DialaBank at an affordable best rate of interest.

Car Loan Gudur 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 Gudur Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

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

For Self Employed Individuals:

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

Car Loan Gudur 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: a minimum of 2 years of employment experience and 1 year in current 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, Rs.100000 per annum for mid-sized and premium cars.

Car Loan for Major Car Manufacturers in Gudur

TABLE WILL APPEAR

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Processing Fees & Prepayment Charges on Car Loan Gudur

CIBIL Score Required for Car Loan in Gudur

To describe your creditworthiness of the past, CIBIL score is a numeric value that is used. So, while availing a car loan, it is an important factor to keep in mind. The CIBIL score required for car loans in Gudur may vary from one lender to another due to the presence of a huge number of lenders nowadays.

A CIBIL score of 750 and above to process your car loan application is required by most banks. To get your loan sanctioned you might be required to pay a heavy interest rate on the loan amount, in case of a low CIBIL score.

Car Loan Gudur Contact Number

For any queries regarding the car loan in Ellenabad, you may contact us on the number 9878981166.

Pre Calculated EMI Table for Car Loan Gudur

Car Loan EMI Calculator

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