Car Loan Trichur

Best Banks for Car Loan in Trichur

Car Loan Trichur Features

Want to purchase dream car? But don’t have the required funds for it? Worry not! DialaBank brings a  car loan for you. A car loan is a means of funding or financial help provided by banks and NBFCs to applicants having some income at an affordable rate of interests to aid them in buying a car of their choice. Since cars have now become a necessity for everyone in this fast-moving world, the cost of cars is also growing rapidly. This is where a car loan comes into play and fulfils your desire to be the owner of a luxurious car of your preference. The main features of a car loan in Trichur are:

• Car loans are available at affordable car loan interest rates
• Almost all major banks and NBFCs offer car loans in Trichur
• The documentation process is quick and hassle-free
• Car loans are easily available through DialaBank

Car Loan Trichur 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 Trichur 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. Address 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

• Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
• Income Proof: – Latest ITR reports.
• Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 6 months.

Car Loan Trichur Eligibility Criteria

The car loan eligibility requirements are as followed in Trichur:

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 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Gandhidham

TABLE WILL APPEAR

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Processing Fees & Prepayment Charges on Car Loan in Trichur

CIBIL Score Required for Car Loan Trichur

The Cibil score is what defines your ability to repay off your credits in the past. A higher Credit score means that you have a good credit history and makes your application process smooth and hassle-free to be processed. Usually, all the banks and NBFCs require a credit score of 750 and above to approve your loan application process in Trichur. This score may also vary from bank to bank as per their own regulations. In case a CIBIL score is less than the required value by the banks you will be required to pay a high rate interest rate on the loan amount.

Car Loan Trichur Contact Number

In case of any queries regarding the car loan in Trichur, you may contact on the number 9878981166 for any sort of assistance.

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Pre Calculated EMI Table for Car Loan Trichur

Car Loan EMI Calculator

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