Used Car Loan Chalakudy

Best Banks For Used Car Loan In Chalakudy

Used Car Loan Chalakudy Features

If you’re running low on cash and financial resources and want to get a pre-owned car, you can get a used car loan right away to complete this process!

You can simply choose a used car loan Chalakudy at low-interest rates by getting custom and convenient repayment plans with flexible EMIs.

One can get up to Rs.2.5 crores of loan money by giving approximately 3 to 6 times your annual income as well as borrow up to 100% of the value of the car.

Other extraordinary used car loan Chalakudy features include:

• A trouble-free and simpler process
• Quick and fast loan approvals
• Convenient pickup services of the documents from your doorstep
• Up to 85% of the value of the car loan amount for approximately 5 years and that too without any income proof.

The age of the car shouldn’t be more than 10 years at loan maturity. The maximum loan period of 60 months is available with easy repayment tenures starting from 12 months and extending up to 60 months.

Terms & Conditions are applicable to specific models only.

Visit Dialabank to know more about Used Car Loan Chalakudy.

Used Car Loan Chalakudy Interest Rates

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

Used Car Loan Chalakudy Documents Required

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
• Bank Statements for the previous 6 months

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**:

Age proof: Memorandum and Articles of Association/Certificate of Incorporation.

Identity proof: Memorandum and Articles of Association/Certificate of Incorporation.

Income proof: Latest ITR and audited balance sheet along with profit & loss account.

Any of the following documents as address proof:

• Telephone Bill
• Memorandum and Articles of Association
• Certification of Incorporation
• Electricity Bill

Any of the following 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 Chalakudy:

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

Used Car Loan Chalakudy Eligibility Criteria

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 Chalakudy:

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

Used Car Loan For Major Car Manufacturers In Chalakudy

TABLE WILL APPEAR

Processing Fees / Prepayment Charges On Used Car Loan In Chalakudy

Pre Calculated EMI Table For Used Car Loan Chalakudy

Used Car Loan EMI Calculator

About Chalakudy

Chalakudy is a municipal town situated on the banks of Chalakudy River in Thrissur District of Kerala. It is the headquarters of Chalakudy taluk. It is the base camp for travellers to Athirappilly and Vazhachal Falls.