Used Car Loan Naraingarh

Used Car Loan Naraingarh

In today’s world, buying a car is a tough task as the prices of buying a car are touching the sky. Not many have the funds in their bank account to buy a used vehicle, let alone a brand new car.

The best possible solution to this problem is availing a Used Car Loan that offers monetary help to those who wish to buy a pre-owned vehicle.

Table of Contents

1. Best Banks for a Used Car Loan Naraingarh
2. Used Car Loan Naraingarh Features
3. Used Car Loan Naraingarh Interest Rates
4. Documents Required for Used Car Loan Naraingarh
5. Eligibility to apply for a Pre-Owned Car Loan Naraingarh
6. Used Car Loan for Major Car Manufacturers in Naraingarh
7. Used Car Loan Naraingarh Processing Fee
8. Used Car Loan Naraingarh Contact Number

 Best Banks for a Used Car Loan Naraingarh

Used Car Loan Naraingarh Features

• Loan Amount Avail of loans up to Rs.2.5 crore on a wide range of used cars.
• Car model should not be older than 5 years from the present time.
• Flexible Repayment Tenure – From 12 months to 84 months.
• Hassle free loans – no post dated cheques required.
• Finance up to 92% of the car’s value.
• Repay your Loan with easy EMIs.
• Loan approvals within 24 hours.
• Quick and easy Processing

               Used Car Loan Naraingarh Interest Rates

Know more about Documents required for car loan.

     Salaried Individuals 

Any of the following documents as identity or address proof:

• • Valid Passport
  • Permanent Driving license
  • Voters ID Card
  • Job card issued by NREGA
  • Letter issued by the National Population Register containing details of name & address

All the following documents as proof of income:

• • Latest Salary Slip
  • Latest Form 16/Latest ITR
  • HDFC Bank corporate salary account statement for salary credits above Rs. 80,000 for the previous 3 months

• Eligibility to apply for a Pre-Owned Car Loan Naraingarh:

Know more about Car Loan eligibility criteria.

• A good CIBIL score is a must before applying for a loan other than a gold loan. Making sure your CIBIL score is good before applying for a loan is a good practice.

• Salaried Individuals:

  • • This includes doctors, CAs, employees of private limited companies, employees from public sector undertakings, including central, state and local bodies
    • Individuals who are a minimum of 21 years of age at the time of applying for the loan, and no older than 60 at the end of the loan tenure
    • Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer
    • Those who earn a minimum of Rs. 2,50,000 per year, including the income of the spouse

  Self Employed Individuals (Sole Proprietorship):

  • • • This includes self-employed sole proprietors in the business of manufacturing, trading or services
      • Individuals who are a minimum of 25 years of age at the time of applying for the loan, and no older than 65 at the end of the loan tenure
      • Those who have been in business for a minimum of 3 years
      • Should earn at least Rs. 2,50,000 per annum

 Used Car Loan for Major Car Manufacturers in Naraingarh

Apply For Loan Online

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Used Car Loan Naraingarh Processing Fee

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

Used Car Loan Naraingarh Contact Number:

9910324678

Pre Calculated EMI Table for Car Loan Mumbai

Car Loan EMI Calculator