Used Car Loan Charkhi Dadri

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Used Car Loan Charkhi Dadri

Best Banks for Used Car Loan in Charkhi Dadri

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 Charkhi Dadri FeaturesUsed Car Loan Charkhi Dadri

A Used Car Loan Charkhi Dadri is a loaning facility for the people who are interested in buying used cars with the below-mentioned features:

  • Altered repayment plans are accessible with the effectively payable portions.
  • Doorstep administration and simple documentation facility available for our clients.
  • Easy repayment plans beginning from a year to facilitate the weight.
  • Customized help and warning by our exceptionally prepared specialists to pick a vehicle that meets your needs.
  • You may likewise acquire up to 100% of the estimation of the vehicle to the estimation of 3-6 times your yearly compensation.
  • Get 85% of the estimation of the vehicle as a credit sum for a long time without pay evidence confirmation.
  • Car at its maturity age should not exceed 10 years, with the greatest loan benefit until 60 months.
  • You can get a credit up to Rs.2.5 crore on the worth of the car to maximize the benefit for you.

*Terms and Conditions Apply

Used Car Loan Charkhi Dadri Interest Rates

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

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Used Car Loan Charkhi Dadri Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

For Identity and Address Proof:

  • Valid Passport
  • Permanent Driving license
  • Letter issued by the National Population Register mentioning name & address
  • Voters ID Card
  • Job card provided by NREGA

For Income Proof:

  • Latest Salary Slip
  • Bank Statements for the last 6 months
  • Latest Form 16/ Latest ITR

For Signature Verification Proof:

  • Photo Driving License
  • Credit Card Statement and its Copy
  • Banker’s Verification
  • Copy of Margin Money Paid to Bank
  • Passport Copy

For Self Employed**:

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

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

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

For Sign Verification Proof:

  • Credit Card Statement and its Copy
  • Copy of Margin Money Paid to Bank.
  • Passport Copy
  • Banker’s Verification
  • Photo Driving License

For Address Proof:

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

**The following companies are also applicable for a Used Car Loan Charkhi Dadri:

  • Sole Proprietorship
  • Partnership Firms
  • Private Limited Companies
  • Public Limited Companies

Used Car Loan Charkhi Dadri Eligibility Criteria

The car loan eligibility requirements are as followed:

Salaried Individual:

  • Minimum Work Experience: Individuals who have job experience for a minimum of 2 years and a minimum of 1 year with the current employer.
  • Minimum Earning: People earning a minimum of Rs. 2,50,000 annually, the income of the spouse can be considered as included with the candidate’s income.
  • Age Limit: Individuals having the age of 21 years when applying for the loan, and a maximum of 60 years of age at the end of the loan maturity period.
  • Professional practitioners a doctor, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.

Self Employed***:

  • Individuals who own a private company in the business of manufacturing, trading, or service undertakings.
  • Rs. 2,50,000 per year should be a minimum remuneration.
  • Individuals who have an office landline number.

***The following companies are also eligible for a Used Car Loan Charkhi Dadri:

  • Sole Proprietorship
  • Partnership Firms
  • Public Limited Companies
  • Private Limited Companies

Used Car Loan for Major Car Manufacturers in Charkhi Dadri

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Charkhi Dadri

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

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Pre Calculated EMI Table for Used Car Loan Charkhi Dadri

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 Charkhi Dadri

Online Car Loan EMI Calculator

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About Charkhi Dadri

Charkhi Dadri is a town famous since Mughal ages, located in southern Haryana, India.

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