Best Banks for Used Car Loan in Navsari
Used Car Loan Navsari Features
- You may borrow up to 100% of the value of the car to the value of 3-6 times your annual earnings, instead of buying a new car.
- One can avail of loans up to Rs.2.5 crore on second-hand cars.
- Car at loan maturity age should not be more than 10 years, with a maximum of 60 months loan period.
- Buy a vehicle of your dream by availing a Used Car Loan in Navsari.
- Enjoy the benefit of end-to-end advisory from research to title transfer via us.
- Personalized help by our experts to choose a car that meets your desires.
- Convenient and customized repayment plans available with feasible EMIs.
- Flexible repayment tenures starting from one year.
- Transparent and hassle-free process tack your application anytime and get updates about your application at every proceeding stage.
- Fast approval and faster disbursal of your loan.
- Enjoy doorstep service and easy documentation process with us.
- Get 85% of the value of the car as loan amount for 5 years respectively without any income proof.
Used Car Loan Navsari Interest Rates
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
Car Loan Navsari Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
- Proof of Identification and address: Letter issued by the National Population Register containing details of address and name, Voters ID Card, Job card issued by NREGA, Valid Passport, Permanent Driving license.
- Income Proof: Salary Statement/ Latest salary slip/ Latest ITR/ Form 16.
- Signature Verification Proof: Copy of Margin Money Paid to the Bank/ Credit Card Statement with Credit Card Copy/ Passport Copy/ Photo Driving License with a date of birth/ Banker’s Verification.
For Self Employed:-
- Verification Proof: Passport Copy, Photo Driving Consent with DOB (recent, clear, laminated), Credit Card Statement including Credit Card Copy, Banker’s Verification, Copy of Margin Money Advanced to the Bank
- Income Proof: Latest ITR
- Address Proof: Memorandum plus Articles of Association, Certification of Business, Electricity Bill, Telephone Bill
- Bank Statement: Last 6 months.
The above-mentioned data of Used car loans are also efficient for:
- Single Proprietorship
- Business Firms
- Private Limited Corporations
Used Car Loan Navsari Eligibility Criteria
The car loan eligibility requirements are as followed:
For Salaried:-
- Least age: 21 years
- Highest age at loan maturity: 65 years
- Least employment: 1 year in current employment and a minimum of 2 years of employment
- Minimum yearly Income: Rs 1,00,000 net annual income
For Self-Employed:-
- Least age: 21 years
- Highest age at loan maturity: 65 years
- Smallest employment: at smallest 3 years in sales
- Minimum Annual Income: Net profit Rs. 60,000 p.a for simple cars furthermore Rs.1,00,000 p.a. for mid-sized and prime cars
Used Car Loan for Major Car Manufacturers in Navsari
TABLE WILL APPEARProcessing Fees / Prepayment Charges on Used Car Loan in Navsari
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 Navsari Contact Number
Contact us at 9878981166 or visit the website of Dialabank for instant help and guidance to fulfil all your loan needs anytime for Used Car Loan Navsari.
Pre Calculated EMI Table for Used Car Loan Navsari
Used Car Loan EMI Calculator Navsari
About Navsari
Navsari is a city, the ninth biggest municipality of Gujarat, and the central quarters Navsari District of Gujarat, India, located halfway Surat & Mumbai. Navsari is also the Twin City of Surat and hardly 30 km south of Surat. In 2016, Navsari listed as the 16th biggest city of the Gujarat state of India by population in 2011. Navsari is also a popular place due to the royal Satyagraha march led by Mahatma Gandhi to the Dandi.
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