Used Car Loan Kothagudem

Best Banks For Used Car Loan In Kothagudem

Used Car Loan Kothagudem Features

Are you looking for trouble-free finances for your dream car but hesitate due to complex documentation?

Don’t worry! with Dialabank you can simply skip the trouble part and avail an easy Used Car Loan under your name. Approve your Used Car Loan Kothagudem most simply and make your desire of owning a car come true with Dialabank.

With Dialabank you are just a few easy steps away from availing a Used Car Loan in your city without stressing over unnecessary formalities.

With the easiest loan approval and processing, the desire to own a car is no more forbidden. So what are waiting for? Get the car of your choice in a few easy steps with attractive deals in your city.

• Avail pocket-friendly Used Car Loans up to 2.5 crores on a wide range of used cars.
• Also, get Personalized help to get the used car of your choice from research to loan processing.
• Flexible loan tenure ranging from 12 months to 84 months.
• You get choose your repayment plan at your convenience.
• Doorstep service with simple documentation.
• Transparent and hassle-free loan processing.
• Track your application anytime, anywhere.
• Get instant status updates about your loan application at every stage of the loan processing.

Used Car Loan Kothagudem Interest Rates

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

Used Car Loan Kothagudem Documents Required

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.
  An individual must check the documents required for car loan before deciding.

**The following type of companies can also apply for a Used Car Loan Kothagudem:

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan Kothagudem Eligibility Criteria

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

Salaried Individual:

• The applicant must be: Who is a doctor, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.
• 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.

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.

To obtain the loan amount, a person must meet the Eligibility criteria for car loan.

***The following type of companies are also eligible for a Used Car Loan Kothagudem:

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan For Major Car Manufacturers In Kothagudem

TABLE WILL APPEAR

Processing Fees / Prepayment Charges On Used Car Loan In Kothagudem

Pre Calculated EMI Table For Used Car Loan Kothagudem

Used Car Loan EMI Calculator

About Kothagudem

Kothagudem is a town in Telangana. It is the headquarters of the Bhadradri Kothagudem district of Telangana.