Used Car Loan Kundli Features
A Used Car Loan online Kundli has various exciting features as stated below by Dialabank:
- At loan maturity age, car’s age shall not exceed 10 years, with 60 months period for up to Rs.2.5 crore on the car’s value and 100% of the value of the car to the value of 3-6 times your annual income.
- Get 85% of the value of the car as a loan amount for 5 years without income proof-verification with convenient repayment schemes for easy instalments with personalised expert advice.
*Terms and Conditions Apply
Used Car Loan Kundli 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 Kundli Documents Required
For Salaried Individuals:
The documents required for car loan are :
For Identity and Address Proof:
- Passport
- Driving license
- A letter obtained from 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
- Verification of the banker
- Copy of marginal cash paid to the Bank
- Passport Copy
For Self Employed**:
Income proof: Latest Income Tax Return records and audited balance sheet with profit & loss account details.
Age and Identity proof: Certificate of Incorporation/ Memorandum and Articles of Association.
For Sign Verification Proof:
- Credit Card Statement Copy
- Copy of marginal cash paid to the Bank.
- Passport Copy
- Verification of the Banker
- Driving License
For Address Proof:
- Telephone Bill
- Electricity Bill
- Memorandum and Articles of Association
- Certification of Incorporation
**The subsequent companies are also applicable for a Used Car Loan Kundli:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Kundli Eligibility Criteria
The eligibility for a Car Loanare:
Salaried Individual:
- Minimum Work Expertise: A minimum of two years and a minimum of one year with the current employer as work experience of the individual are eligible to apply.
- Minimum Earning: People who have an earning capacity of a minimum of Rs.2.5 lakhs per annum, the income of the spouse can be considered as included with the candidate’s income are eligible to apply.
- Age Limit: The minimum age of 21 years when demanding for the loan and a maximum of 60 years of age at the closing of the loan are eligible to apply.
- Professionals as in doctors, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies are eligible to apply.
Self Employed***:
- Candidates who own a private company in the business of manufacturing, trading, or service undertakings.
- Rs. 2.5 lakhs per year should be a minimum remuneration.
- Individuals who have provided us with an office landline number.
***The companies which are also eligible for a Used Car Loan Kundli city include the firms as stated below:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Private Limited Companies
Used Car Loan for Major Car Manufacturers in Kundli
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Kundli
Pre Calculated EMI Table for Used Car Loan Kundli
Used Car Loan EMI Calculator Kundli
About Kundli
Kundli is located in on the Delhi-Haryana border in Sonipat part of Haryana, India. Industrial Model Township, Kundli Industrial Area, established in the NCR region, is a large Industrial area of Haryana on the northern border of Delhi adjacent to Narela and lies on the south of the district with a significant population of 100,000.
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