Best Banks for Used Car Loan Haveri
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 Haveri Features
Over a decade there has been a prior shift in day-to-day needs, now a car is one of them. From running errands around to covering a distance over miles all we need is a personal vehicle to keep us going.
Financial limitations often resist our desire to own a car but with Dialabank this desire doesn’t remain forbidden anymore.
With Dialabank sanction the easiest Used car loan and welcome the Used Car of your choice with the help of Used Car Loan Haveri.
Dialabank is the bridge between the customers and the car providers.
- Customized and Personalized help to get the used car of your choice from research to loan processing.
- The applicant gets to choose the repayment plans that suits you.
- Get Used Car Loans up to 2.5 crores on a wide range of used cars in your city.
- Selection of Flexible loan tenure ranging from 12 months to 84 months.
- You are provided with Doorstep service with simple documentation.
- Loan processing is completely transparent and hassle-free.
- You can simply Track loan applications anytime, anywhere.
- Time to time updates about your loan application at every stage of the loan processing is accessible to you.
Used Car Loan Haveri Interest Rate
Check the latest interest rates of used car loan at dialabank
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
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
0.01
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 Haveri Documents Required
These are the documents required for used Car loan-:
Essential documents required for Used Car Loan Haveri:
Salaried Individuals:
1.Proof of address and identity:
- Valid Passport
- A Permanent Driving license [recent, legible, laminate]
- Voters ID Card
- Job card issued by NREGA
- Letter issued by the National Population Register containing details of name & address of the applicant
2. Proof of income:
- Latest Salary Slip of the applicant
- The Latest Form 16 is obligatory to submit
3. For signature verification:
- The Passport Copy
- Photo Driving License with DOB (recent, legible, laminated)
- Credit Card Statement with Credit Card Copy
- Banker’s Verification of the applicant
Self-employed Individual
1.Address proof:
- The Memorandum and articles of association
- Electricity Bill
- Telephone Bill
- Certificate of incorporation of the applicant
2. For address verification:
- Passport copy
- driving license copy with DOB
- Credit card statement with credit card copy
- Banker’s verification
- Copy of Margin money paid to the bank by the applicant
3. Memorandum and Articles of Association/Certificate of Incorporation as age proof of the applicant.
4. Memorandum and Articles of Association/Certificate of Incorporation as an identity proof of the applicant.
5. The Latest ITR and audited balance sheet along with profit & loss account of the applicant as proof of income.
Used Car Loan Haveri Eligibility Criteria
This is the eligibility criteria needed for used car loan:
Salaried Individuals:
- The applicant must be an employee of the Pvt. Ltd. company, doctor, CA, lawyer, public sector undertaking that includes local, state, or central bodies.
- The applicant should be of a minimum of 21 years of age while applying for a loan and a maximum of 60 at the time of tenure closure of the loan.
- An employment experience of 2 years in any company along with documented proof of 1-year employment in the current company.
- The income criteria are the individual should earn a minimum of 2,50,000 per annum inclusive of the spouse’s earning is mandatory for Used Car Loan v.
Self Employed Individuals:
- The applicant must be the sole proprietor of the organization that he/she operates.
- Should earn at any rate Rs. 2,50,000 for every year.
- The individuals should have either a residence or a company’s telephone line.
Note-: Check your CIBIL score for used car loan at dialabank.
Used Car Loan for Major Car Manufacturers in Haveri
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Haveri
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
Pre Calculated EMI Table for Used Car Loan Haveri
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
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