Used Car Loan Devakottai

Best Banks For Used Car Loan In Devakottai

Used Car Loan Devakottai Features

Is your dream to own a car still not a reality?

Get a used car loan and get the best deals!

You can simply opt for a used car loan Devakottai at low interest by availing of custom and convenient repayment plans with easy pay EMIs.

One can avail of up to Rs.2.5 crore of loan amount by getting approximately 3 to 6 times your annual income as well as can borrow up to 100% of the value of the car*

Some other amazing used car loan Devakottai features include:

• Hassle and complex free process.
• Quick and fast loan approvals and disbursals.
• Easy pickup services of the documents from your door.
• Up to 85% of the value of the car as a loan amount for 5 years and that too without any income proof.

*Age of Car should not cross 10 years at loan maturity. The maximum loan tenure of 60 months is available with flexible repayment tenures from 12 months to 60 months.

Terms & conditions apply, offers on specific models only.

Visit Dialabank to know more about Used Car Loan Devakottai.

Used Car Loan Devakottai Interest Rates

Check the Car Loan Interest rates for used cars:

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

Used Car Loan Devakottai Documents Required

For Salaried Individual:

Any of the following documents required for car loan for identity and residence 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 Devakottai:

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

Used Car Loan Devakottai Eligibility Criteria

Following points need to be kept in mind while checking the Car loan Eligibility criteria:

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 Devakottai:

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies
5. Hindu Undivided Family: To obtain the loan amount, a person must meet the Eligibility criteria for a car loan.

Used Car Loan For Major Car Manufacturers In Devakottai

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Processing Fees / Prepayment Charges On Used Car Loan In Devakottai

Pre Calculated EMI Table For Used Car Loan Devakottai

Used Car Loan EMI Calculator

About Devakottai

Devkotai is a city located in district Rohtas of state Bihar, India.