Best Banks For Used Car Loan In Itanagar
Used Car Loan Itanagar Features
If you’re thinking of buying a used car and want to get a car on a loan, then you will find all the details here. Since cars have become a necessity nowadays but the prices of cars are way too high. You can apply for a car loan for it. A car loan is a fund provided by banks that help them in buying a car, whether a new or used car. The application process is very simple and easy.
Some other features of car loan in Itanagar are:
- The documentation process is hassle-free and easy.
- One can avail of up to Rs.2.5 crore of the loan amount
- Customized and convenient repayment plans are available with affordable EMIs
- We provide doorstep service and quick documentation
- Up to 85% of the value of the car as a loan amount for 5 years and that too without any income proof
- You can get a car loan easily through Dialabank.
Used Car Loan Itanagar Interest Rates
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Itanagar Documents Required
An individual must check the documents required for car loan before deciding.
For Salaried Individual:
Any of the following documents as identity & Address 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.
Used Car Loan Itanagar Eligibility Criteria
An individual must examine the Eligibility criteria for car loan along with the process.
For Salaried Individual:
- The applicants who are doctors, CAs, private limited company employees, employees from public sector undertakings including central, state, and local bodies are eligible.
- 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.
For 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 firms are also eligible for a Used Car Loan Itanagar:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan For Major Car Manufacturers In Itanagar
TABLE WILL APPEAR
Processing Fees / Prepayment Charges On Used Car Loan In Itanagar
Pre Calculated EMI Table For Used Car Loan Itanagar
You can calculate your EMI here: Car Loan EMI Calculator
Used Car Loan EMI Calculator
Used Car Loan For Other Cities
Used Car Loan Thrissur |
Used Car Loan Nilambur |
Used Car Loan Taliparamba |
Used Car Loan Thiruvananthapuram |