Car Loan Kotdwar

Best Banks for Car Loan in Kotdwar

Car Loan Kotdwar Features

A car is the safest option to travel and is comfortable too. You can easily get a car loan by the Car Loan facility provides by us.

A car loan is a financial help provided by banks and NBFC’s to fulfill your dream of having your own car. They offer necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car. A car loan is a secured loan with easy refund options. The loan amount is offered on Interest charges which differ from bank to bank. One can pay for the vehicle in easy installments.

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We offer car loans starting at a reasonable rate of interest to both self-employed as well as salaried individuals. We offer car loans on new and used cars.

Some key features of car loan in Kotdwar are the following:

• Easy monthly repayment options are available for you.
• Instantly car loan available
• Loan Tenure period varies from 1-7 years
• There is a provision of an affordable interest Rates offers to fulfill your desires.
• There are no hidden or additional charges
• Easy monthly repayment options
• Quick approval with minimum documentation

Car Loan Kotdwar 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 Kotdwar 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 Kotdwar 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 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 Kotdwar

TABLE WILL APPEAR

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Processing Fees / Prepayment Charges on Car Loan in Kotdwar

CIBIL Score Required for Car Loan in Kotdwar

CIBIL score reflects your credit history in the past as well as your defaults in repayment of your previous loans. A good credit score is considered as 750 and above as most of the financial institutions ask for a high credit score. Every bank and NBFC has different criteria for a minimum CIBIL score they require to process Car Loan Kotdwar. A Lower CIBIL score than 750 can attract a higher rate of interest.

A very low CIBIL score can lead to rejection of your loan as it is the first thing a bank tracks before processing your loan. Your record of previous loans is taken into consideration for a car loan. If there are any delay payments for previous loans, it will create a barrier for availing of a fresh loan.

Car Loan Kotdwar Agent Contact Number

For more information regarding the car loan in Kotdwar, you can call us on 9878981166.

Pre Calculated EMI Table for Car Loan Kotdwar

Car Loan EMI Calculator Kotdwar

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About Kotdwar

Kotdwar is a city Pauri Garhwal district of state Uttarakhand. It is situated in the bank of river Khoh.

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