Best Banks For Used Car Loan In Malkangiri
Used Car Loan Malkangiri Features
A Used Car Loan Malkangiri will help you in figuring out the best car lying under your pockets and is a financial help offered by commercial banks and NBFCs.
The features of Used Car Loan Malkangiri are as mentioned below:
- Easy repayment tenures starting from twelve months to ease your burden.
- Car at loan maturity age shall not exceed ten years, with a maximum loan tenure of sixty months.
- Personalized advisory by our highly trained experts to help you choose a car that meets your wants.
- There is an option to borrow up to 100% value of the car for a multiple of your earnings.
*Terms and Conditions Apply
Dialabank presents various exciting offers for a pre-owned car loan in Malkangiri!
Visit Dialabank to know more about Used Car Loan Malkangiri.
Used Car Loan Malkangiri Interest Rates
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Malkangiri 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.
**The following type of companies can also apply for a Used Car Loan Malkangiri:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Malkangiri 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.
***The following type of companies are also eligible for a Used Car Loan Malkangiri:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan For Major Car Manufacturers In Malkangiri
TABLE WILL APPEAR
Processing Fees / Prepayment Charges On Used Car Loan In Malkangiri
Pre Calculated EMI Table For Used Car Loan Malkangiri
Used Car Loan EMI Calculator
About Malkangiri
Malkangiri historically known as ‘Malikamardhangiri’ is a town and a Municipality in Malkangiri district in the Indian state of Odisha. It is the headquarters of the Malkangiri district. Malkangiri is the new home of the Bangladeshi refugees, who were rehabilitated since 1965 under the Dandakaranya Project.
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