Car Loan Punganur

Best Banks for Car Loan in Punganur

Car Loan Punganur Features

Click here to apply for Car Loan

Are you searching for a car loan? If yes, then your wait is over as we at Dialabank brings you amazing offers for a car loan in Punganur. We provide the lowest rate of interest for Car Loan Punganur, which you won’t find anywhere else.

We offer Car loans for both Self-employed and salaried people. We offer car loans on new as well as used cars.

A car loan is financial assistance provided by banks and NBFC’s to fulfill your dream of having your own car. They offer necessary funding for buying 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 repayment options. The loan amount is offered on Interest charges which alter from bank to bank. One can pay for the vehicle in easy installments.

Car Loan Punganur Interest Rates

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

Apply for a Car Loan

Car Loan Punganur 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 Punganur 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 Punganur

TABLE WILL APPEAR

Apply for a Car Loan

Processing Fees/ Prepayment Charges on Car Loan in Punganur

CIBIL Score Required for Car Loan Punganur

A CIBIL score of 750 and above is considered to be very good and it attracts a lower rate of interest for car loans in Punganur. However, a CIBIL score between 650 to 750 could be taken if you have a good income but a slightly higher rate of interest will be provided in that case. If you have defaulted in your CIBIL score is very low, then Car Loan Punganur application might be rejected.

Most institutions prefer to give loans only with a minimum CIBIL score of 750. The institutions don’t just look at the overall score but also examine for the detailed behavior on the previous loans that you have taken. This comprises details on the type of loan taken and the loan amount you have borrowed. Any late payments for previous loans can act as an obstacle to your availing a fresh loan.

Check your CIBIL score in your credit report for more information on the score.

Car Loan Punganur Contact Number

Call us at 9878981166 to get on car loans in Punganur and exclusive offers on car loans.

Apply for a Car Loan

Pre Calculated EMI Table for Car Loan Punganur

Car Loan EMI Calculator Punganur

About Punganur

Punganur is a city in the Chittoor region of the Indian state of Andhra Pradesh. It is the Mandal headquarters of Punganur Mandal in the Madanapalle revenue division. As of the 2011 India census, Punganur had a population of 54,746.

Apply for a Car Loan

Other Cities with the Car loan in Andhra Pradesh: