Used Car Loan Palampur

[Best Banks for Used Car Loan in Palampur

Used Car Loan Palampur Features

A Used Car Loan Palampur might be a step out to acquire the best car falling within your budget and is a financial aid offered by various banks and NBFCs.

The features of Used Car Loan Palampur city are mentioned below:

• Personalized help by our high expertise representatives to choose a car to satisfy your wants.
• Car loan maturity age shall not exceed ten years, with a maximum loan tenure of sixty months.
• Easy repayment tenures starting from twelve months to ease your burden at low car loan interest rate.

Dialabank present before you some of our best proposals to obtain a used car in Palampur city!

*Terms and Conditions Apply

Used Car Loan Palampur Interest Rates

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

Used Car Loan Palampur Documents Required

For Salaried Individuals:

For Income Proof:

• Latest Salary Slip
• Bank Statements for the last 6 months
• Latest Form 16/ Latest Income Tax Return records

For Identity and Address Proof:

• Valid Passport
• Permanent Driving license
• Letter issued via National Population Register stating name & address
• Voters Identification Card
• Job card provided by NREGA

For Signature Proof:

• Driving License
• Credit Card Statement and its Copy
• Banker’s Verification
• Copy of Margin Money Paid to Bank
• Passport Copy

For Self Employed**:

Documents required for the car loan are as follows as –

Identification and Age proof: Memorandum and Articles of Association/ Certificate of Incorporation.

Remuneration proof: Latest Income Tax Return record and audited balance sheet with profit & loss account.

For Sign Verification Proof:

• Credit Card Statement and its Copy
• Copy of marginal cash given to the bank.
• Passport Copy
• Verification of the Banker
• Driving License copy

For Address Proof:

• Telephone Bill
• Electricity Bill
• Memorandum and Articles of Association
• Certification of Incorporation

**The below-mentioned firms are also applicable for a Used Car Loan Palampur:

• Sole Proprietorship
• Partnership Firms
• Private Limited Companies
• Public Limited Companies

Used Car Loan Palampur Eligibility Criteria

The people who are eligible to apply for a pre-owned car loan in Palampur are:

Salaried Individual:

• Minimum Remuneration: A minimum of Rs. 2,50,000 per year including the income of the spouse can be considered as eligible for a used car loan.One should also check CIBIL score. 
• Professional practitioners Doctors, CAs, Private Limited Company and Public Sector Undertaking employees including central, state, and local bodies, such candidates are eligible.
• Minimum Experience: A job experience for a minimum of 2 years and a minimum of 1 year with the current employer, such candidates are eligible.
• Age Limit: A minimum of 21 years of age when applying for the loan, and a maximum of 60 years of age at the end of the loan maturity period, such candidates are eligible.

Self Employed***:

• Rs. 2,50,000 per year should be the least pay received by you as an earning.
• Individuals owning a Private Limited Company serving the manufacturing, trading, or service sectors.
• Individuals who have provided an office landline number.

***The companies which are also eligible for a Used Car Loan in Palampur city are:

• Sole Proprietorship
• Partnership Firms
• Public Limited Companies
• Private Limited Companies

Used Car Loan for Major Car Manufacturers in Palampur

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Palampur

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Pre Calculated EMI Table for Used Car Loan Palampur

Used Car Loan EMI Calculator Palampur

About Palampur

Palampur is encircled by pine forests in the Kangra Valley in the Himachal Pradesh state of India. The perfect scenic beauty blend of greenery and water gives the place an artistic look, with diverse rivers running from the hills to the meadows.

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