Used Car Loan Dharwad Features
A Used Car Loan Dharwad has following features you can enjoy the benefit of when applied with Dialabank:
- Personalized help and advisory by our much-qualified specialists to pick a car with a manageable repayment tenure arising from twelve months to lessen your burden.
- Car at loan maturity age shall not exceed ten years, with the most loan period of sixty months and a customized payment method with the simply payable instalments which you can receive a loan up to Rs 2.5 crore worth of the car.
- Experience doorstep assistance and secure documentation for our customers and acquire up to 100% of the value of the car to the value of 3-6 times your annual pay wherein 85% of the value of the car is availed as a loan amount for 5 years without income proof.
- A good CIBIL score is an unsaid requirement as it provides an insight to the provider about your financial behaviour.
- A good CIBIL score provides an opportunity to negotiate and reduce the car loan interest rate to a certain extent.
*Terms and Conditions Apply
Used Car Loan Dharwad 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
Used Car Loan Dharwad Documents Required
documents required for a car loan are mention here-under:
For Salaried Individuals:
For Identity and Address Proof:
- Passport
- Driving license
- A letter assigned by the National Population Register mentioning your name and address
- Voters Identity Card
- Job card provided by NREGA
For Income verification Proof:
- Latest Salary Slip
- Bank Statements for the latest six months
- Latest Form 16/ Latest Income Tax Return
For Signature Verification Proof:
- Driving License copy
- Credit Card Statement and its Copy
- Verification of your Banker
- Copy of margin cash paid to the Bank
- Passport Copy
For Self Employed**:
Income and Age verification proof: Latest Income Tax Return records and audited balance sheet with profit & loss account.
Identity verification proof: Certificate of Incorporation/ Memorandum and Articles of Association.
For Sign Verification Proof:
- Credit Card Statement and its Copy
- Copy of marginal cash paid to the Bank.
- Passport Copy
- Verification of the Banker
- Driving License
For Address Proof:
- Telephone Bill
- Electricity Bill
- Memorandum and Articles of Association
- Certification of Incorporation
**The companies which are also applicable for a Used Car Loan Dharwad city are as mentioned below:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Dharwad Eligibility Criteria
The conditions to be fulfilled in order to meet the eligibility criteria for a car loan are mentioned below:
Salaried Individual:
- Minimum Work Experience: Applicants who have a minimum job experience of two years and a minimum of 1 year with the current employer.
- Minimum Earning: People earning a minimum of Rs. 2.5 lakhs per year, the income of the spouse can be considered as included with the candidate’s income.
- Age Limit: The age of minimum 21 years when applying for the loan, and a maximum of 60 years of age at the termination of the loan.
- Professionals such as doctors, CAs, private and public limited company employees can apply.
Self Employed***:
- Applicants who own a private company in the establishment of manufacturing, trading, or service projects.
- Rs. 2.5 lakhs per year should be a minimum remuneration.
- People who have an office landline number.
***The following organisations are also eligible for a Used Car Loan Dharwad:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Private Limited Companies
Used Car Loan for Major Car Manufacturers in Dharwad
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Dharwad
Pre Calculated EMI Table for Used Car Loan Dharwad
Used Car Loan EMI Calculator Dharwad
About Dharwad
Dharwad is located in the Karnataka state of India and forms an urban area with the Hubballi city.
Car Loan For Other Cities In Karnataka
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| Used Car Loan Bellary |
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| Used Car Loan Sandur |
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| Used Car Loan Chinnamiram | Used Car Loan Chilakaluripet |
| Used Car Loan Cochin | Used Car Loan Cuddapah |
| Used Car Loan Dewas | Used Car Loan Dhanbad |
