Used Car Loan Jalpaiguri

Best Banks for Used Car Loan in Jalpaiguri

Used Car Loan Jalpaiguri Features

Need a car? Since a car loan online has become a necessity nowadays. But not everyone can afford it. If you want to buy a car without getting worried about funds then a car loan is a great option. A Car loan is a financial help provided by banks that help the applicants in buying a car, whether a new car or used car. You will get a car loan easily as it is a very simple and quick process.

The main features of a car loan in Jalpaiguri are:

• Car loans are available at an affordable rate of interest.
• It is very easy to get a car loan in Jalpaiguri as many banks in Jalpaiguri provides car loans.
• Repayment plans are flexible and available at less rate of interest
• The documentation process is very easy and quick.
• You will get updates about your loan application.
• Car loans are easily available through DialaBank

Used Car Loan Jalpaiguri Interest Rate

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

Used Car Loan Jalpaiguri Documents Required

For Salaried:

The documents required for car loan are :

• Identity & Address Proof: Valid Passport, 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

• For  proof of income: Latest Salary Slip, Latest Form 16/Latest ITR, Last 6 months bank statement

• For sign verification proof: Passport Copy, Photo Driving License with DOB (recent, legible, laminated), Credit Card Statement with Credit Card Copy, Banker’s Verification, Copy of Margin Money Paid to the Bank

For Self Employed:

• Memorandum and Articles of Association/Certificate of Incorporation as age proof
• Memorandum and Articles of Association/Certificate of Incorporation as identity proof
• Latest ITR and audited balance sheet along with profit & loss account as proof of income
• Documents required for address proof:- Memorandum and Articles of Association, Certification of Incorporation, Telephone Bill, Electricity Bill

• Documents required for sign verification proof:- Passport copy, Photo Driving License with DOB (recent, legible, laminated), Banker’s verification, Copy of Margin Money Paid to the Bank

• Also, the used car loan can be borrowed in the following type of firms as well:
  • Partnership Firms
  • Sole Proprietorship
  • Public Limited Companies

Used Car Loan Jalpaiguri Eligibility Criteria

For Salaried:-

The eligibility criteria for car loan are :

1. This includes doctors, CAs, employees of private limited companies, employees from public sector undertakings, including central, state, and local bodies
2. The minimum age of the candidate:- 21 years
3. The maximum age of the candidate:- 60 years
4. Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer
5. Minimum Annual Income:-Rs 2,50,000

For Self-Employed:-

1. The minimum age of the candidate:- 21 years
2. The maximum age of the candidate:- 60 years
3.  Individuals who have been in business for a minimum of 3 years are eligible
4. An Individual  should earn at least Rs 2,50,000 per anum
5. This includes individuals  who own a private company in the business of manufacturing, trading, or services

Used Car Loan for Major Car Manufacturers in Jalpaiguri

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Jalpaiguri

CIBIL Score Required for Used Car Loan in Jalpaiguri

The CIBIL score is referred to as what defines your ability to pay off your credits. A higher credit score means good credit history and makes your car loan application process smooth and easy to be processed. Mostly, banks and NBFCs consider a credit score of 720 and above as a good score to approve your loan application process Jalpaiguri.

This score may again vary from bank to bank. In case of a low CIBIL score than the required value, you will be required to pay a high rate interest rate on the loan amount while if your CIBIL score is good then you may have to pay a low rate of interest. Thus, a CIBIL score is an important factor in a car loan.

Used Car Loan Jalpaiguri Contact Number

In case of any queries regarding the car loan in Jalpaiguri, you may contact the number 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Car Loan Jalpaiguri

Used Car Loan EMI Calculator

About Jalpaiguri

Jalpaiguri is a city in the Indian state of West Bengal. It is the largest city and the headquarters of the Jalpaiguri district as well as of the Jalpaiguri division of West Bengal, covering the jurisdiction of the five districts of North Bengal. The city is located on the banks of the Teesta River which is the second largest river in West Bengal after the Ganges, on the foothills of the Himalayas.

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