Best Banks for Used Car Loan in Jasdan
Used Car Loan Jasdan Features
A used car loan Jasdan can help you obtain an easy car loan at the pocket-friendly rate of interest and the loan seekers by banks and NBFCs to enjoy the features for the second-hand car as:
- You may additionally borrow up to 100% of the car’s value of 3-6 times your annual remuneration.
- Flexible instalment payment tenures ranging from twelve months to ease the burden.
- Convenient and customised reimbursement plans on the market with the simply collectable instalments.
- Personalized facilitate and consultation provided by our extremely trained specialists to settle on a car that meets your desires
- Car at loan maturity age shall not exceed 10 years, with the most loan tenure of 60 months.
- Get 85 per cent of the worth of the automotive as a loan quantity for five years while not financial gain proof verification.
- You can get a loan up to Rs.2.5 large integer on the aforementioned car’s price
- Enjoy sill service and straightforward documentation for our customers.
*Terms and Conditions Apply
Used Car Loan Jasdan 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 Jasdan Documents Required
For Salaried Individuals:
For Identity and Address Proof:
- Valid Passport
- Permanent Driving license
- Letter issued by the National Population Register mentioning name & address
- Voters ID Card
- Job card provided by NREGA
For Income Proof:
- Latest Salary Slip
- Bank Statements for the last 6 months
- Latest Form 16/ Latest ITR
For Signature Verification Proof:
- Photo Driving License
- Credit Card Statement and its Copy
- Banker’s Verification
- Copy of Margin Money Paid to Bank
- Passport Copy
For Self Employed**:
Income proof: Latest ITR and audited balance sheet with profit & loss account.
Age proof: Certificate of Incorporation/Memorandum and Articles of Association.
Identity proof: Certificate of Incorporation/ Memorandum and Articles of Association.
For Sign Verification Proof:
- Credit Card Statement and its Copy
- Copy of Margin Money Paid to Bank.
- Passport Copy
- Banker’s Verification
- Photo Driving License
For Address Proof:
- Telephone Bill
- Electricity Bill
- Memorandum and Articles of Association
- Certification of Incorporation
**The following companies are also applicable for a Used Car Loan Jasdan:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Jasdan Eligibility Criteria
The following people are eligible to apply for a Pre-Owned Car Loan in Jasdan:
Salaried Individual:
- Minimum Work Experience: Individuals who have job experience for a minimum of 2 years and a minimum of 1 year with the current employer.
- Minimum Earning: People earning a minimum of Rs. 2,50,000 annually, the income of the spouse can be considered as included with the candidate’s income.
- Age Limit: Individuals having the age of 21 years when applying for the loan, and a maximum of 60 years of age at the end of the loan maturity period.
- Professional practitioners a doctor, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.
Self Employed***:
- Individuals who own a private company in the business of manufacturing, trading, or service undertakings.
- Rs. 2,50,000 per year should be a minimum remuneration.
- Individuals who have an office landline number.
***The following companies are also eligible for a Used Car Loan Jasdan:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Private Limited Companies
Used Car Loan for Major Car Manufacturers in Jasdan
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Jasdan
Pre Calculated EMI Table for Used Car Loan Jasdan
Used Car Loan EMI Calculator Jasdan
About Jasdan
Jasdan city is famous for handicrafts, agriculture machinery and diamond polishing in the Gujarat state of India.
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