Used Car Loan Assandh

Best Banks for Used Car Loan in Assandh

Used Car Loan Assandh Features

Do you want to buy a new car without getting worried about a budget?Yes! You can now buy a car even if you  don’t have enough budget and this will be possible when you apply for a car loan. Car loan can easily help you to get a car. There are wide range of cars available at low rate of interest. These loans are available on pre-owned cars also.

The main features of a car loan in Assandh are:

• Low rate of interest is the one of the main and important feature of a car loan in Assandh
• Almost all major banks and NBFCs offer car loans in Assandh
• The process is transparent, easy and very quick
• Flexible repayment plans are available
• You will get car loans easily through DialaBank
• You will get status updates of your loan application  at every stage

Used Car Loan Assandh Interest Rate

Check the Car Loan Interest rates for used cars:

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

Used Car Loan Assandh Documents Required

For Salaried:

Any of the following documents required for car loan for identity and residence proof:

• For Identity & Address Proof: Valid Passport, Permanent Driving license [recent, legible, laminate], Voters ID Card, Job card issued by NREGA, Letter issued by the National Population Register containing details of name & address

• For  proof of income: Latest Salary Slip, Latest Form 16/Latest ITR, Last 6 months bank statement

• For sign verification proof: Passport Copy, Photo Driving License with DOB (recent, legible, laminated), Credit Card Statement with Credit Card Copy, Banker’s Verification, Copy of Margin Money Paid to the Bank

For Self Employed:

• Memorandum and Articles of Association/Certificate of Incorporation as age proof
• Memorandum and Articles of Association/Certificate of Incorporation as identity proof
• Latest ITR and audited balance sheet along with profit & loss account as proof of income
• Documents required for address proof:- Memorandum and Articles of Association, Certification of Incorporation, Telephone Bill, Electricity Bill

• Documents required for sign verification proof:- Passport copy, Photo Driving License with DOB (recent, legible, laminated), Banker’s verification, Copy of Margin Money Paid to the Bank

• Also, the used car loan can be borrowed in the following type of firms as well:
  • Partnership Firms
  • Sole Proprietorship
  • Public Limited Companies

Used Car Loan Assandh Eligibility Criteria

Following points need to be kept in mind while checking the Car loan Eligibility criteria:

For Salaried:-

1. This includes doctors, CAs, employees of private limited companies, employees from public sector undertakings, including central, state and local bodies
2. Minimum age of candidate should be 21 years and maximum age should be 60 years
3. Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer are eligible
4. Minimum Annual Income should be Rs 2,50,000

For Self-Employed:-

1. Minimum age of candidate should be 21 years and maximum age should be 60 years
2. Only Individuals who have been in business for a minimum of 3 years are eligible
3. Individual  should earn at least Rs 2,50,000 per anum
4. This includes individuals  who own a private company in the business of manufacturing, trading, or services

Used Car Loan for Major Car Manufacturers in Assandh

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Assandh

CIBIL Score Required for Used Car Loan in Assandh

The CIBIL score is referred to as what defines your ability to pay off your credits. A higher credit score means good credit history and makes your car loan application process smooth and easy to be processed. Mostly, banks and NBFCs consider a credit score of 720 and above as a good score to approve your loan application process Assandh.

This score may again vary from bank to bank. In case of a low CIBIL score than the required value, you will be required to pay a high rate interest rate on the loan amount while if your CIBIL score is good then you may have to pay a low rate of interest. Thus, a CIBIL score is an important factor in a car loan.

Used Car Loan Assandh Contact Number

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

Pre Calculated EMI Table for Car Loan Assandh

Used Car Loan EMI Calculator

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About Assandh

Assandh is a city and a municipal committee in Karnal district in the state of Haryana, India. Assandh is 45 km south-west of Karnal. Archaeological excavations have revealed Painted Grey Ware, associated with the Vedic people of Iron Age India.

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