Used Car Loan Nagapattinam

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Used Car Loan Nagapattinam

Best Banks for Used Car Loan in Nagapattinam

Feature
HDFC Bank
Private Bank
Kotak Mahindra Bank
Interest Rate
8% - 8.4 %
8.5 - 9.5 %
11%
Min Loan Amt
Metro : 1 Lac & Non Metro: 75000
75000
75000
Max Loan Amt
1 Cr
1 Cr
1 Cr
Loan Tenure
Upto 7 Years
Upto 5 Years
Upto 5 Years
Processing Fee
1999 - 4999 + Tax
0.25% to 1.50%
0.25% to 1.50%
Preclosure Chgs
2%, Nil after 24 months
2%, Nil after 36 months
Nil
Loan to Value (LTV)
Upto 100% on Ex- showroom
Upto 95% on Ex- showroom
Upto 90% on Ex- showroom

Used Car Loan Nagapattinam Features 

Advance Amount used car loan in Nagapattinam

  • Avail of car loans as much as Rs.2.5 crore on a large range of used automobiles and multi-utility autos
  • Get between 3 to six occasions your once a year income, and borrow as much as a hundred percent of the worth of the car* *Age of Car at mortgage maturity should never pass 10 years, topic to most mortgage tenure of 60 months

Unequaled help

  • Reap the benefits of end-to-end advisory — from examine to surname transfer
  • Get personalized lend a hand to make your mind up a car that meets your particular needs
  • Avail of personalized and handy compensation plans with pocket-friendly EMIs

Versatile Repayment Tenure

  • Versatile compensation residencies from a period of 365 days to 60 months
  • Shocking and key Processing and sponsorship
  • Experience get concerned free pulling to put through, complaisant sponsorships, and keen disbursals
  • Track your utility at no matter point, wherever. Get confirmations approximately your score software at and every stage
  • See doorstep group and complaisant and head documentation
  • Check your enchancment restrict in exactly sixty seconds

Loans without income proof

  • Get 80% of the appraisal of the vehicle concerning the movement absolute for a long time without pay affirmation
  • Get 85% of the appraisal of the vehicle concerning the movement complete for a long time without pay affirmation

Used Car Loan Nagapattinam Interest Rate

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

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Used Car Loan Nagapattinam Documents Required

Documents required for car loan are mentioned below:

 Salaried Individuals:

Any of the accompanying archives as personality and Address Proof:

  1. Passport
  2. Suffering Driving award [recent, justifiable, laminate]
  3. Occupants ID Card
  4. Occupation card gave by NREGA
  5. The letter gave by the National Population Register containing subtleties of name and address

All the accompanying archives as evidence of salary:

  1. Most recent Salary Slip
  2. Most recent Form 16/Latest ITR
  3. Last 6 months bank statement

Any of the accompanying assign confirmation verification:

  1. Distinguishing proof Copy
  2. Photo Driving License with DOB (later, comprehensible, secured)
  3. Money related record with Credit Card Copy
  4. Representative’s Verification
  5. Copy of Margin Money Paid to the Bank

Self-employed Individuals:

  1. Update and Articles of Association/Certificate of Incorporation as age verification
  2. Update and Articles of Association/Certificate of Incorporation as character affirmation
  3. Most recent ITR and investigated money related record near to favorable position and calamity account as a check of pay

Any of the accompanying archives as address evidence:

  1. Notice and Articles of Association
  2. Affirmation of Incorporation
  3. Phone Bill
  4. Power Bill

Any of the accompanying assign confirmation verification:

  1. Visa Copy
  2. Photograph Driving License with DOB (later, clear, covered)
  3. Financial record with Credit Card Copy
  4. Investor’s Verification
  5. Duplicate of Margin Money Paid to the Bank

Used Car Loan Nagapattinam Eligibility Criteria

The car loan eligibility requirements are as followed:

Salaried Individuals:

  1. This circuits specialists, CAs, agents of private bound affiliations, workers from public domain endeavors, including focal, state, and neighborhood bodies
  2. People who are at any rate 21 years old at the hour of applying for the turn of events, and no more settled than 60 near the finishing of the credit residency
  3. People who have had work for in any event 2 years, with at any rate 1 year with the current boss
  4. The individuals who secure in any occasion Rs. 2,50,000 reliably, including the installment of the accomplice

Self Employed Individuals:

  1. This combines individuals who own a private relationship in the matter of storing up, exchanging, or preferences
  2. Ought to get at any rate Rs. 2,50,000 for every annum
  3. Individuals who have an office landline

Used Car Loan for Major Car Manufacturers in Nagapattinam

TABLE WILL APPEAR

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Processing Fees / Prepayment Charges on Used Car Loan Nagapattinam

Category
Details
Processing Charges
1999 - 4999 + Tax
Prepayment 
No prepayment is allowed until 12 EMIs are paid
Preclosure
No foreclosure is allowed until 12 EMIs are paid
Prepayment Charges
13-24 months: 2% of loan principal outstanding
>36 months: Nil Charges
Stamp Duty
As per state laws
Cheque Bounce Chgs
₹ 550/chq +  GST
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
2% p.m.(on overdue amount)
Amortisation Schedule Chgs
Rs 200 + GST

Pre Calculated EMI Table for Used Car Loan Nagapattinam

Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466

Used Car Loan EMI Calculator Nagapattinam

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