Car Loan Kalyan

Best Banks for Car Loan in Kalyan

Car Loan Kalyan Features

A car loan can be helpful for those consumers who want to buy a new car but they do not get the car because of a lack of money. It helps the borrower to build their credit history if the borrowers make their monthly payments on time.

Car Loan Kalyan Interest Rates

• The applicant requires less than Rs. 3 lacs then the interest rate will be 10.25% per annum.
• Secondly, the amount of loan is between Rs.3 lacs to Rs.6 lacs, then the interest rate will be 9.50% per annum.
• Moreover, for the loan amount between Rs.6 lacs and Rs.10 lacs, a 9.25% interest rate will be charged.
• If the loan amount is between Rs.10-20 lacs, then the interest rate charged will be 9.00% per annum.
• Lastly, the loan amount above Rs. 20 lacs then the interest rate will be 8.70% per annum.
• The interest rate for used cars starts at 14.00% per annum.

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

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Car Loan Kalyan Documents Required

Documents required for car loan are as followed:

For Salaried Individuals

1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
2. Income Proof: – Latest 3-month salary slip with form 16
3. Address 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

• Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
• Income Proof: – Latest ITR reports.
• Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 6 months.

Car Loan Kalyan Eligibility Criteria

Car loan eligibility criteria for the salaried and self-employed applicants for a car loan in Kalyan vary in the following manner:

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 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars.

Car Loan for Major Car Manufacturers in Kalyan

TABLE WILL APPEAR

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Processing Fees & Prepayment Charges on Car Loan Kalyan

check here for the processing Fees and Prepayment charges on a car loan.

CIBIL Score Required for Car Loan in Kalyan

CIBIL score plays a key role while getting the loan. If your Cibil score is between 750-900. Then you will get the quick loan approvals. If the Cibil score is less than 700 then your application will be pending. So, check your Cibil score before you apply for a Car Loan. If you pay your EMIs in time then your Cibil score will be increased. If you do not repay Your EMI your Cibil score will be reduced. The applicant has to pay monthly EMIs according to there schedule of the bank.

Car Loan Kalyan Contact Number

For instant help and any more queries, you can call 9878981166.

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Pre Calculated EMI Table for Car Loan Kalyan

Check here of Pre calculated EMI table for a car loan.

Car Loan EMI Calculator

Repaying the loans in EMIs will not affect our monthly budget as well as paying in time will increase our Cibil score.

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