Best Banks for Used Car Loan in Auraiya
Feature |
HDFC Bank |
Private Bank |
Kotak Mahindra Bank |
Interest Rate |
8% - 8.4 % |
8.5 - 9.5 % |
11% |
Min Loan Amt |
Metro : 1 Lac & Non Metro: 75000 |
75000 |
75000 |
Max Loan Amt |
1 Cr |
1 Cr |
1 Cr |
Loan Tenure |
Upto 7 Years |
Upto 5 Years |
Upto 5 Years |
Processing Fee |
1999 - 4999 + Tax |
0.25% to 1.50% |
0.25% to 1.50% |
Preclosure Chgs |
2%, Nil after 24 months |
2%, Nil after 36 months |
Nil |
Loan to Value (LTV) |
Upto 100% on Ex- showroom |
Upto 95% on Ex- showroom |
Upto 90% on Ex- showroom |
Used Car Loan Auraiya Features
Advance Amount
- Avail of car loan up to Rs. 2.5 crore concerning an extensive length on pre-owned motors then multi-utility vehicles
- Get of 3 according to exclusive activities you each year remuneration, then reach up after a hundred percent on the appraisal of the car* *Age of Car at savings enhancement function not in imitation of move 10 years, concern according to the just splendid development place of 60 months.
Unequaled help
- Advantage beyond begin after finish caveat – beside trial according to name move
- Get custom-made help after picking a car to that amount meets thy precise needs
- The gain concerning redid and helpful compensation plans along with pocket-accommodating EMI’s
Adaptable Repayment Tenure
- Versatile compensation residencies out of a yr after 60 months
- Experience arrive trouble uninterrupted sifting through, obliging sponsorships, yet acute disbursal
- Track your utility at something point, wherever. come attestations respecting you credit utility at every stage
- See entrance affiliation yet obliging yet chief documentation
- Check you enhancement power among simply 60 seconds
Loans without income proof
- Get 80% of the assessment of the vehicle concerning the progression total for quite a while without pay confirmation
- Get 85% of the assessment of the vehicle concerning the progression total for quite a while without pay confirmation
Used Car Loan Auraiya Interest Rate
Check the latest interst rates for used car loan at dialabank.
Bank
|
Processing Fee
|
Prepayment Charges
|
HDFC Bank Car Loan
|
(1999 - 4999) + Tax
|
2%, Nil foreclosure charges after 24 months
|
Axis Bank Car Loan
|
1 % to 2.50%
|
Nil
|
Private Bank Car Loan
|
0.25% to 1.50%
|
2%, Nil foreclosure charges after 36 months
|
SBI Car Loan
|
500/- to 0.50%
|
Nil
|
Kotak Car Loan
|
1% to 2%
|
2.25% of fore closure amount if closed 1 month ahead of the tenure.
|
IIFL Car Loan
|
Nil
|
Nil
|
Muthoot Car Loan
|
Nil
|
Nil
|
Manappauram Car Loan
|
Nil
|
Nil
|
PNB Car Loan
|
0.70% to 1%
|
Nil
|
Canara Bank Car Loan
|
1%
|
Nil
|
Andhra Bank Car Loan
|
Nil
|
Nil
|
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Auraiya Documents Required
Documents required for car loan are as followed:
Salaried Individuals:
Any of the accompanying archives as personality and Address Proof:
- Substantial Passport
- Lasting Driving permit [recent, decipherable, laminate]
- Citizens ID Card
- Occupation card gave by NREGA
- The letter gave by the National Population Register containing subtleties of name and address
All the accompanying archives as evidence of salary:
- Most recent Salary Slip
- Most recent Form 16/Latest ITR
- Last 6 months bank statement
Any of the accompanying assign confirmation verification:
- Identification Copy
- Photograph Driving License with DOB (later, readable, covered)
- Financial record with Credit Card Copy
- Broker’s Verification
- Duplicate of Margin Money Paid to the Bank
Self-employed Individuals
- Update and Articles of Association/Certificate of Incorporation as age proof
- Update and Articles of Association/Certificate of Incorporation as character confirmation
- Latest ITR and looked into financial record close by advantage and disaster account as a check of compensation
Any of the accompanying archives as address evidence:
- Notice and Articles of Association
- Affirmation of Incorporation
- Phone Bill
- Power Bill
Any of the accompanying assign confirmation verification:
- Visa Copy
- Photograph Driving License with DOB (later, clear, covered)
- Financial record with Credit Card Copy
- Investor’s Verification
- Duplicate of Margin Money Paid to the Bank
Used Car Loan Auraiya Eligibility Criteria
The car loan eligibility requirementsare as followed:
Salaried Individuals:
- This fuses experts, CAs, delegates of private confined associations, laborers from public territory attempts, including central, state, and neighborhood bodies
- Individuals who are at any rate 21 years of age at the hour of applying for the development, and not any more settled than 60 close to the completion of the credit residency
- Individuals who have had work for in any occasion 2 years, with at any rate 1 year with the current chief
- The people who acquire in any event Rs. 2,50,000 consistently, including the payment of the partner
Self Employed Individuals:
- This consolidates people who own a private association in the matter of amassing, trading, or advantages
- Should obtain at any rate Rs. 2,50,000 for each annum
- People who have an office landline.
Note-: Must check your cibil score Before buying car loan at dialabank.
Used Car Loan for Major Car Manufacturers in Auraiya
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Auraiya
Category
|
Details
|
Processing Charges
|
1999 - 4999 + Tax
|
Prepayment
|
No prepayment is allowed until 12 EMIs are paid
|
Preclosure
|
No foreclosure is allowed until 12 EMIs are paid
|
Prepayment Charges
|
13-24 months: 2% of loan principal outstanding
|
>36 months: Nil Charges
|
|
Stamp Duty
|
As per state laws
|
Cheque Bounce Chgs
|
₹ 550/chq + GST
|
Floating Rate of Interest
|
Not Applicable
|
Overdue EMI Interest
|
2% p.m.(on overdue amount)
|
Amortisation Schedule Chgs
|
Rs 200 + GST
|
Pre Calculated EMI Table for Used Car Loan Auraiya
Rate |
5 Yrs |
4 Yrs |
3 Yrs |
10.50% |
2149 |
2560 |
3250 |
11.00% |
2174 |
2584 |
3273 |
11.50% |
2199 |
2608 |
3297 |
12.00% |
2224 |
2633 |
3321 |
12.50% |
2249 |
2658 |
3345 |
13.00% |
2275 |
2682 |
3369 |
13.50% |
2300 |
2707 |
3393 |
14.00% |
2326 |
2732 |
3417 |
14.50% |
2352 |
2757 |
3442 |
15.00% |
2378 |
2783 |
3466 |
Used Car Loan EMI Calculator Auraiya