Used Car Loan Baddi

Best Banks For Used Car Loan In Baddi

Used Car Loan Baddi Features

Need a car? But don’t have the required funds for it? No worries! A car loan is here for you. A car loan means you’ll get financial help from banks at an affordable rate of interest. With the help of a car loan, you can easily get the car of your choice. Car loans are available on used cars also.

The main feature of car loan in Baddi are:

• Car loans are available at a low-rate of interest.
• Almost all major banks provide car loans in Baddi.
• Customized and flexible repayments are available.
• You can easily track your application whenever you want.
• Up to 85% of the value of the car as a loan amount for 5 years and that too without any income proof.
• There are offers available on specific model*(Terms & conditions apply)
• Visit Dialabank to know more about Used Car Loan.

Used Car Loan Baddi Interest Rates

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

Apply for a Car Loan   

Used Car Loan Baddi Documents Required

An individual must check the documents required for car loan before deciding.

For Salaried Individual:

Any of the following documents as identity & Address Proof:

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

All the following documents as proof of income:

• Latest Salary Slip
• Latest Form 16/Latest ITR
• Last 6 months bank statements

Any of the following for sign verification proof:

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

For Self Employed:

• For Age proof: Memorandum and Articles of Association/Certificate of Incorporation.
• For Identity proof: Memorandum and Articles of Association/Certificate of Incorporation.
• For Income proof: Latest ITR and audited balance sheet along with profit & loss account.
• Any of the above documents as address proof: Telephone Bill, Memorandum and Articles of Association, Certification of Incorporation, Electricity Bill
• Any of the above documents for sign verification proof: Passport Copy, Credit Card Statement with Credit Card Copy, Banker’s Verification, Photo Driving License with DOB (recent, legible, laminated), Copy of Margin Money Paid to the Bank.
• The following type of companies can also apply for a Used Car Loan:

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan Baddi Eligibility Criteria

An individual must fulfil the Eligibility criteria for car loan to avail of the loan amount.

The following people are eligible to apply for a Pre-Owned Car Loan:

Salaried Individual:

• The applicant must be: Who is a doctor, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.
• Age Range: Individuals who are a minimum of 21 years of age when applying for the loan, and a maximum of 60 years of age at the end of the loan tenure
• Minimum Work Experience: Individuals who at least have had a job for 2 years, with a minimum of 1 year with the present employer.
• Minimum Earning: Those who earn a minimum of Rs. 2,50,000 per year., The income of the spouse can be considered as one with the applicant’s income.

Self Employed:

• This includes individuals who own a private company in the business of manufacturing, trading, or services
• Rs. 2,50,000 per annum should be a minimum earning.
• Individuals who have an office landline.
• The following type of companies are also eligible for a Used Car Loan :

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan For Major Car Manufacturers In Baddi

TABLE WILL APPEAR

Processing Fees / Prepayment Charges On Used Car Loan In Baddi

Pre Calculated EMI Table For Used Car Loan Baddi

Used Car Loan EMI Calculator