Car Loan Salur

Best Banks for Car Loan in Salur

Car Loan Salur Features

Bang here to ask for a 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 Salur. We present the most economical rate of interest for car loans Salur, which you won’t see anywhere else.

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

A car loan is a financial help provided by banks and NBFC’s to fulfill your dream of having your own car. They provide the necessary financing 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 refund options. The loan amount is offered on Interest charges which vary from bank to bank. One can pay for the vehicle in easy installments.

Car Loan Salur 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 Salur 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 Salur 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 Salur

TABLE WILL APPEAR

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Processing Fees/ Prepayment Charges on Car Loan in Salur

CIBIL Score Required for Car Loan Salur

A CIBIL score of 750 and above is considered to be very good and it attracts a lower interest rate for car loans in Salur. However, a CIBIL score between 650 to 750 could be taken if you have a good income but a slightly higher interest rate will be offered in that case. If you have defaulted in your CIBIL score is very low, then your car loan 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 taken. This involves details on the type of loan taken and the loan amount you have borrowed. Any delay payments for previous loans can act as a barricade to your availing a fresh loan.

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

Car Loan Salur Contact Number

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

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Pre Calculated EMI Table for Car Loan Salur

Car Loan EMI Calculator Salur

About Salur

Salur or Saluru is a local village and Mandal headquarters in the Vizianagaram area, of the Indian state of Andhra Pradesh. The atmosphere of the town is usually characterized by high humidity almost all round the year, severe summer, and seasonal rainfall.

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