Used Car Loan Nanpara

Best Banks For Used Car Loan In Nanpara

Used Car Loan Nanpara Features

Thinking about purchasing a car? But don’t have the required budget for it? Then you can always go for a car loan. A car loan is always a better option as it is available at an affordable rate of interest. You can get a car loan on used cars also.

The main feature of car loan in Nanpara are:

• Car loans are available on a wide range of cars at a low-rate of interest.
• Loans are available up to Rs 2.5 crore amount.
• Almost all major banks provide car loans in Nanpara.
• The documentation process is very simple and quick.
• Up to 80% of the value of the car as a loan amount for 3 years and that too without any income proof.
• Car loans are available through Dialabank

Used Car Loan Nanpara Interest Rates

Check the latest interest rates of used car loan at dialabank.

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

Used Car Loan Nanpara Documents Required

These are the documents required for used Car loan-

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
• Last 6 months bank statements

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:

• For Age proof: Memorandum and Articles of Association/Certificate of Incorporation.
• For Identity proof: Memorandum and Articles of Association/Certificate of Incorporation.
• For Income proof: Latest ITR and audited balance sheet along with profit & loss account.
• Any of the above documents as address proof:
• Telephone Bill
• Memorandum and Articles of Association
• Certification of Incorporation
• Electricity Bill
• Any of the above documents 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:

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

Used Car Loan Nanpara Eligibility Criteria

This is the eligibility criteria needed for Used car loan-:

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

Salaried Individual:

• The candidates who are doctors, CAs, private limited company employees, employees from public sector undertakings including central, state, and local bodies are eligible.
• The minimum age of the candidate should be 21 years
• The maximum age of the candidate should be 60 years
• Individuals who at least have had a job for 2 years, with a minimum of 1 year with the present employer are eligible.
• The minimum annual income should be 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 :

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

Used Car Loan For Major Car Manufacturers In Nanpara

TABLE WILL APPEAR

Processing Fees/Prepayment Charges On Used Car Loan In Nanpara

Pre Calculated EMI Table For Used Car Loan Nanpara

Used Car Loan EMI Calculator

Note-: Check your CIBIL score for used car loan at dialabank.