Best Banks for Used Car Loan in Noida
Used Car Loan Noida Features
Used Car Loan is available for you at attractive interest rates. Used Car Loan Noida provides you financial help for getting a loan for a pre-owned or used car.
The features of the used car loan in Noida are:
- Avail maximum loan amount is Rs. 2.5 crore
- Get a 100% loan amount of the value of the car
- At loan maturity, the car’s age should not exceed 10 years
- Avail loan amount up to 6 times of your annual income
- Provide personalized assistance
- Get customized and convenient repayment plans with reasonably priced
- Maximum loan tenure is up to 5 years for a pre-owned car
- Easy and simple processing
- Get your second-hand car approval faster
- Loan amount disbursed rapidly
- Fast and easy documentation
- Get a loan amount of up to 85% of the car value without income proof
- Get benefit from end-to-end advising
Used Car Loan Noida Interest Rates
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Noida Documents Required
The documents required for a used car loan in Noida is different for Salaried and Self Employed applicants:
For Salaried:
Any of the following documentation required for identity and residence proof:
- Valid Passport
- Voter ID Card
- Permanent Driving License
- Job Card
- Letter issued by the National Population Register
The following documents for income proof:
- Latest Salary Slip
- Latest Form 16/Latest ITR
- Bank statement of last 6 months
Any of the following document required for signature proof:
- Passport Copy
- Photo Driving License with DOB
- Credit card statement with Credit Card Copy
- Banker’s verification
For Self Employed:
- For age proof, the documents required are Memorandum and Articles of Association/Certificate of Incorporation
- For identity proof, the documents required are Memorandum and Articles of Association/Certificate of Incorporation
- For Income Proof, there is a requirement of the Latest ITR and balance sheet with profit and loss account
- Address Proof Documents(Anyone): Memorandum and Articles of Association, Certificate of Incorporation, Telephone Bill, Electricity Bill
- For Sign Verification Proof: Passport Copy, Photo Driving License with DOB, Credit Card Statement, Banker’s Verification
Also, the used car loan can be borrowed in the following type of firms as well:
- Partnership Firms
- Sole Proprietorship
- Public Limited Companies
Used Car Loan Noida Eligibility Criteria
The car loan eligibility requirements are as followed:
For Salaried:-
- Minimum age: 21 years
- Maximum age at loan maturity: 60 years
- Minimum employment: 1 year in a recent job and a minimum of 2 years of employment
- Minimum Annual Income: Rs. 2,50,000 net yearly income
- It comprises doctors, CAs, employees of private limited companies, employees from public sector undertakings, including central, state, and local bodies
For Self-Employed:-
- Minimum age: 21 years
- Maximum age at loan maturity: 60 years
- Minimum employment: 3 years
- Minimum Annual Income: Rs, 2,50,000 per annum
- This includes appliers who own a private company in the business of manufacturing, trading, or services
- Appliers who have an office landline
The following type of firm are also eligible to take a pre-owned car loan in Noida:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Hindu Undivided Family
How to Apply for Used Car Loan in Noida?
Availing a Used Car Loan in Noida is an easy and smooth process with Dialabank. Follow the following steps to get the best deals and offers:
- Visit our website Dialabank
- Click on the car loan option accessible in the menu
- Fill in the details about the car type and your salary
- Wait as our relationship manager will soon get in contact with you on your provided number.
- Our relationship managers will help you with the number 9878981166 in case of any queries regarding the used car loan.
- For availing of a car loan offline you have to visit the bank branch personally, which might turn to be hectic for you.
Used Car Loan for Major Car Manufacturers in Noida
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan in Noida
CIBIL Score Required for Used Car Loan in Noida
The CIBIL score refers to what defines your ability to pay off your credits. A higher Credit score means good credit history and makes your Used Car Loan Noida application process hassle-free and easy to be processed. Mostly, banks and NBFCs consider a good credit score to approve your loan application process in Used Car Loan Noida.
The CIBIL score required for availing a loan for a used car or second-hand cars in Noida is 720 and above. Those who have a minimum CIBIL score of 720 is eligible for getting a pre-owned car loan in Noida. This score may differ from bank to bank. If you have a low CIBIL score than the required value, you will be required to pay a high-interest rate on the loan amount while if your CIBIL score is good, you may have to pay a low interest rate. Thus, a CIBIL score is an important factor for getting a Used Car Loan Noida.
Used Car Loan Noida Contact Number
In case of any queries regarding the used car loan in Noida, you may contact the number 9878981166 for any sort of assistance.
Pre Calculated EMI Table for Used Car Loan Noida
Used Car Loan EMI Calculator Noida
About Noida
Noida is a planned city located in Gautam Buddh Nagar district in the Uttar Pradesh state of India. It is a satellite city of Delhi. Also, a part of the National Capital Region of India.
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