Used Car Loan Kotdwar

Best Banks for Used Car Loan in Kotdwar

Used Car Loan Kotdwar Features

A car can save you from spending your hard-earned money by helping you purchase a used car on a loan basis with the following features in Kotdwar city:

• Altered repayment plans are accessible with the effectively payable portions.
• Doorstep administration and simple documentation facility available for our clients.
• Easy repayment plans beginning from a year to facilitate the weight.
• Customized help and warning by our exceptionally prepared specialists to pick a vehicle that meets your needs.
• You may likewise acquire up to 100% of the estimation of the vehicle to the estimation of 3-6 times your yearly compensation.
• Get 85% of the estimation of the vehicle as a credit sum for a long time without pay evidence confirmation.
• Car at its maturity age should not exceed 10 years, with the greatest loan benefit until 60 months.
• You can get a credit up to Rs.2.5 crore on the worth of the car to maximize the benefit for you.

*Terms and Conditions Apply

Used Car Loan Kotdwar Interest Rates

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

Used Car Loan Kotdwar 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 Kotdwar:

• Sole Proprietorship
• Partnership Firms
• Private Limited Companies
• Public Limited Companies

Used Car Loan Kotdwar Eligibility Criteria

The following people are eligible to apply for a Pre-Owned Car Loan in Kotdwar:

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 Kotdwar:

• Sole Proprietorship
• Partnership Firms
• Public Limited Companies
• Private Limited Companies

Used Car Loan for Major Car Manufacturers in Kotdwar

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Processing Fees / Prepayment Charges on Used Car Loan Kotdwar

Pre Calculated EMI Table for Used Car Loan Kotdwar

Used Car Loan EMI Calculator Kotdwar

About Kotdwar

Kotdwar is the 8th largest city of the state located on the bank of river Khoh in the Pauri Garhwal district of Uttarakhand, India.

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