Best/Top Banks for Used Car Loan in Cuddalore
Used Car Loan Cuddalore Features
Only considering purchasing a car? But don’t they do have the funds needed for it? Make no doubts! There’s a used car loan here with you. A used car loan is a source of payment or cash help given to customers at a reasonable real interest rate by banks and NBFCs to help them acquire a car.
As cars are now a necessity for everybody, but the value of used cars is rising increasing daily. This is where you come into effect with a used car loan and meet your dream to be the buyer of your perfect used car. A used car loan in Cuddalore has the major elements of:
- Profits from end-to-end consultation — from study to the transition of titles
- Get design aid in choosing a car that fits your unique needs
- Consistent, hassle-free application experience, easy approvals, and rapid disbursements
- Track your submission anywhere, anytime. Get status updates at any point on your mortgage loan
Used Car Loan Cuddalore Interest Rate
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Cuddalore Documents Required
For Salaried:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License, NREGA general contractor distributed, Letter based on the national Registry of Populations providing name and address data
- Income Proof: Latest 3-month salary slip with form 16
- Address Proof: Driving license / Voters card / Passport Copy /PAN Card / NREGA general contractor distributed / Letter based on the national Registry of Populations providing name and address data
- Bank Statement: Last 6 months.
For Self Employed:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License, NREGA general contractor distributed, Letter based on the national Registry of Populations providing name and address data
- Income Proof: Latest ITR with salary slips
- Address Proof: Voters card / Passport Copy / NREGA general contractor distributed / Letter based on the national Registry of Populations providing name and address data/ Driving license /PAN Card
- Bank Statement: Last 6 months.
Used Car Loan Cuddalore Criteria for Eligibility
For Salaried:-
- Minimum age: 21 years
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment
- Minimum Annual Income: Net profit of Rs 2,50,000 along with husband/wife earnings
- Maximum age at loan maturity: 60 years
For Self-Employed:-
- Minimum age: 25 years at its minimum
- Maximum age at loan maturity: 65 years at its minimum
- Minimum employment: 3 Years in the same position
- Minimum Annual Income: Net worth as minimum of Rs 2,50,000
How to Apply for Used Car Loan in Cuddalore?
The purchase of a used car loan Cuddalore with DialaBank is a minor procedure. Follow the given steps below to get the best prices:
- Contact our Dialabank website
- Right-click for used car loan eligible from the dashboard
- Drop in the specifics of the type of vehicle used and your wages.
- Wait for our financial advisor to get in contact with you on your assigned number shortly.
- In the event of any questions about the loan, you can also reach our project managers on 9878981166.
- To make something like an offline used car loan you’ll need to visit the bank directly, which could turn out to be hectic for you.
Major Used Car Manufacturers in Cuddalore
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Cuddalore
CIBIL Score Required for Used Car Loan in Cuddalore
The borrower’s credit rating is regarded as what indicates your funds to meet off your loans. A higher credit report indicates a strong credit rating and makes the selection process for your used car loan quick and easy to process. Often, credit history of 750 and above is recognized by banks and NBFCs as a successful score to clear your loan modification process in Cuddalore.
These scores will vary from company to company, again. You would be expected to pay a high – interest rates on the loan volume in case of a poor CIBIL score than the maximum value whereas if your CIBIL score is decent then you’d have to pay a poor rate of inflation. A CIBIL score is also a significant aspect of a used car payment.
Used Car Loan Cuddalore Contact Number
For any requests about the used car loan in Cuddalore, you can request for any kind of help on number 9878981166.
Pre Calculated EMI Table for Used Car Loan Cuddalore
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
About Cuddalore
One of the fastest-growing cities in the state of Tamil Nadu is Cuddalore, located on the coast of the Bay of Bengal. The word Cuddalore translates to “Water Town” in the Tamil language, and beautiful beaches indeed abound in the town. Also, the city is renowned for its beautiful temples.
Used Car Loan EMI Calculator