Car Loan Rangia

Best Banks for Car Loan in Rangia

Car Loan Rangia Features

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

Some of the features of car loan are:

• Up to 90-95% of the funding available for new cars
• Up to 80-85% of the funding available for used cars
• The loan period is usually between 1 to 7 years.
• The interest rate is calculated on the basis of compound interest.
• Equated Monthly Instalment is worked out for repayment. Early settlement of the pending amount is available subject to the pre-payment penalty.

Car Loan Rangia 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 Rangia 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. Residence Proof: Any one of the following (Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill)
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.
• Residence Proof: Any one of the following (Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill)

Car Loan Rangia Eligibility Criteria

The car loan eligibility requirements are as followed in Rangia:

Salaried Individuals

1. The age should be a minimum of 21years.
2. The maximum age should not be more than 60 years
3. A minimum of 1 year in current employment and a previous minimum of 2 years of total employment is necessary
4. A minimum of Rs 100000 income per annum

Self-employed Individuals

1. The age should be between 30-65 years.
2. At least 3 years of working business.
3. A minimum of Rs. 60000 p.a net profits for standard cars and Rs.100000 p.a. for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Rangia

TABLE WILL APPEAR

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Processing Fees & Prepayment Charges on Car Loan Rangia

Car Loan Rangia Agent Contact Number

To know more about the car loan or for any kind of support, give us a call on 9878981166

Pre Calculated EMI Table for Car Loan Rangia

Car Loan EMI Calculator Rangia

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