Car Loan Peddapuram

Best Banks for Car Loan in Peddapuram

Car Loan Peddapuram Features

Everyone wants to fulfil their dreams and desire and wants to have a luxurious life. Still, it is challenging to have this kind of life in today’s scenario .so you don’t have to worry because a car loan will help you have a Luxury experience. This loan is an offer that provides finance to people for buying a car. A car loan allows a person to pay for the vehicle in instalments rather than spending it all at once. It requires a minimum documentation process and fewer fees process.

Interest Rates for Car Loan Peddapuram

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

Documents Required for Car Loan Peddapuram:

A person should review the documents required for car loan before making a decision.

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.

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Eligibility Criteria of Car Loan Peddapuram:

If a person satisfies the Eligibility criteria for car loan, he can perceive the amount within a provided period. 

You should be at least 21 years of age to apply for a car loan. The maximum age of a person should be 65 years at the time of maturity of the loan.

For Salaried: You should be having a minimum of 2 years of employment, and you should be working for at least 1 year in your current employment. The minimum annual salary required is Rs. 100000 as net annual income.

For Self Employed: You should be in the business for at least 3 years. A net profit of at least Rs. 60000 p.a. should be there for standard cars and Rs. 100000 p.a. for mid-sized and premium cars.

Car Loan for Major Car Manufacturers in Peddapuram

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Processing Fees & Prepayment Charges on Car Loan Peddapuram

CIBIL Score Required for Car Loan in Peddapuram

CIBIL Score plays a vital role while getting a car loan. The higher your CIBIL score, the higher amount of loan you will get at minimum time. Generally, the reason behind this a CIBIL score usually shows the behaviour of the applicant towards their credits. If the score is not suitable, the customer has a bad credit record. For example, they might not be good with their past and present credits or debts. Therefore, it may create a problem for the customer. A CIBIL score of more than 700 is considered a good credit score.

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Car Loan Peddapuram Contact Number

To get an instant car loan, you can visit our website DialaBank or call 9878981166 to get assistance free of cost. Our executives are well trained and will assist you in the best way possible to provide you with a deal most suited for you.

Pre Calculated EMI Table for Car Loan Peddapuram

Car Loan EMI Calculator

About Peddapuram:

Peddapuram is a city in the state of Andhra Pradesh, India. If you are in urgent need of money and you have any query feel free to contact on www.dialabank.com

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