Car Loan Rau

Best Banks for Car Loan in Rau

Car Loan Rau Features

Do you want to have your car? In today’s fast-moving world, an automobile has become a necessity. But not everyone can afford the huge price for these luxurious cars. This is where we dialabank comes in to help you to avail of the car loan which plays an important role in buying the new car.

A Car Loan is a secured loan with easy repayment options available through various banks. The loan amount is offered in exchange for Interest charges on the principal amount which vary from one bank to another.

The car loan requirements vary depending upon certain factors like your income, CIBIL score. So if you are thinking of purchasing your dream car in Rau, get an instant Car loan with DialaBank at an affordable best car loan interest rates.

Car Loan Rau 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 Rau 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.
5.  

Car Loan Rau Eligibility Criteria

The car loan eligibility criteria 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 Rau

TABLE WILL APPEAR

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Processing Fees & Prepayment Charges on Car Loan Rau

CIBIL Score Required for Car Loan in Rau

CIBIL score is a numeric value that describes your creditworthiness of the past. So, it is an important factor to keep in mind while availing a car loan. The CIBIL score required for car loans in Rau may vary from one lender to another due to the presence of a huge number of lenders nowadays.

Most banks prefer a CIBIL score of 750 and above to process your car loan application. In case of a low CIBIL score, to get your loan sanctioned you might be required to pay a heavy interest rate on the loan amount.

Car Loan Rau Contact Number

For any queries regarding the car loan Rau, you may contact us on the number 9878981166.

Pre Calculated EMI Table for Car Loan Rau

About Rau

Rau is a suburb in Indore district in the state of Madhya Pradesh. It has a population of 40,055 .

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