Best Banks for Used Car Loan in Mandya
Used Car Loan Mandya Features
You can now enjoy the perk of a Used Car Loan Mandya, which delivers in the following features as stated below by Dialabank for you:
- Beginning from 12 months, we have flexible repayment plans planned for you.
- The readily payable instalments are prepared with handy and customized repayment strategies.
- Our highly-trained specialists to help choose a car that meets your needs for a personalised experience.
- You may also obtain up to 3-6 times your year-long pay which means 100% of the value of the car.
- Get loan amount for 5 years without income proof-verification up to 85% of the value of the car.
- Simple documentation for our clients who can now experience doorstep aid.
- Loan up to Rs 2.5 crore on the value of the car can be obtained by you.
- Maximum loan claim for 60 months given that the car at loan maturity phase should be a maximum of 10 years.
*Terms and Conditions Apply
Used Car Loan Mandya Interest Rates
Check latest interest rates of car loan at dialabank.
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Bank
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Processing Fee
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Prepayment Charges
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HDFC Bank Car Loan
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(1999 - 4999) + Tax
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2%, Nil foreclosure charges after 24 months
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Axis Bank Car Loan
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1 % to 2.50%
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Nil
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Private Bank Car Loan
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0.25% to 1.50%
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2%, Nil foreclosure charges after 36 months
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SBI Car Loan
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500/- to 0.50%
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Nil
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Kotak Car Loan
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1% to 2%
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2.25% of fore closure amount if closed 1 month ahead of the tenure.
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IIFL Car Loan
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Nil
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Nil
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Muthoot Car Loan
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Nil
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Nil
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Manappauram Car Loan
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Nil
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Nil
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PNB Car Loan
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0.70% to 1%
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Nil
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Canara Bank Car Loan
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1%
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Nil
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Andhra Bank Car Loan
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Nil
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Nil
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To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Mandya Documents Required
These documents required for used car loan
For Salaried Individuals:
For Identity and Address Proof:
- Passport Copy
- A letter allotted by the National Population Register stating name and address
- Driving license
- Voters ID Card
- Job card granted by NREGA
For Income Proof:
- Latest Salary Slip is asked
- Bank Statements for the last six months
- Latest Form 16/ Latest Income Tax Return report
For Signature Verification Proof:
- Driving License
- Credit Card Statement and its Copy
- Verification of the banker
- Copy of margin cash paid to the Bank
- Passport Copy
For Self Employed**:
Income proof: Freshest ITR 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 and its Copy
- Copy of Margin Money Paid to Bank.
- Passport Copy
- Verification of the banker
- Driving License Copy
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 Mandya:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Mandya Eligibility Criteria
The eligibility criteria apply for used car loan as follows-:
Salaried Individual:
- Minimum Employment Practice: People having job experience for a minimum of 2 years and a minimum of 1 year with the current employer can apply.
- Minimum Earning: People earning a minimum of Rs. 2.5 lakhs yearly, the earnings of the spouse or mate can be recognised as added with the candidate’s income.
- Age Limit: People possessing the age of 21 years when demanding for the loan and a maximum of 60 years of age at the end of the loan maturity tenure.
- Professionals such as a doctor, CAs, a private or public limited company employee can apply for the loan.
Self Employed***:
- People who own a private company in the business of manufacturing, trading, or service establishments.
- Rs. 2.5 lakhs per year should be a minimum earning.
- People who have an office landline number.
***The following companies are also eligible for a Used Car Loan Mandya:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Private Limited Companies
Used Car Loan for Major Car Manufacturers in Mandya
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Mandya
Pre Calculated EMI Table for Used Car Loan Mandya
Used Car Loan EMI Calculator Mandya
About Mandya
Mandya is positioned in the Indian state of Karnataka and is well-attached with railway and roadway routes.
Note-: Must check your cibil score before buying car loan at dialabank.
Used Car Loan For Other Cities In Karnataka
| Used Car Loan Mudhol |
| Used Car Loan Bellary |
| Used Car Loan Chitradurga |
| Used Car Loan Sandur |
| Used Car Loan Madambakkam | Used Car Loan Madikeri |
| Used Car Loan Maihar | Used Car Loan Malappuram |
| Used Car Loan Manali | Used Car Loan Mandi Dabwali |
| Used Car Loan Mandideep | Used Car Loan Manjeri |
