Used Car Loan Palavakkam

Used Car Loan Palavakkam Features

• Used Car Loans are easy at low-interest rates
• Enjoy preferred pricing
• Practice single hassle-free processing, quick approvals, and instantaneous disbursals
• Track your application anytime, anywhere. Receive status updates about your loan demand at every platform
• Avail about customized and convenient repayment programs with pocket-friendly EMIs
• Almost all over banks and NBFCs offer Used Car Loans in Palavakkam
• The documentation means quick and hassle-free
• Used Car Loans are immediately available for DialaBank
• Get 80% of the value of the car as a loan amount for three years without income proof
• Get 85% of the value of the vehicle as a loan amount for five years without income proof

Used Car Loan Palavakkam Interest Rate

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

Used Car Loan Palavakkam Documents Required

For Salaried:

Identity and residence proof:

• Valid Passport
• Voter ID Card
• Permanent Driving License
• Job Card
• Letter issued by the National Population Register

Income proof:

• Latest Salary Slip
• Latest Form 16/Latest ITR
• Bank statement of the last six months

Signature proof:

• Passport Copy
• Photo Driving License with DOB
• Credit card statement with Credit Card Copy
• Banker’s verification

For Self Employed:

1. Age proof, the records needed are Memorandum also Articles of Association/Certificate of Incorporation
2. Identity proof, the records required are Memorandum also Articles of Association/Certificate of Incorporation
3. Income Proof, there is a condition of the Latest ITR and balance sheet with profit and loss statement
4. Address Proof Documents: Memorandum and Articles of Association, Certificate of Incorporation, Telephone Bill, Electricity Bill
5. Sign Verification Proof: Passport Copy, Photo Driving Permit with DOB, Credit Card Statement, Banker’s Confirmation

Also, the used Used Car Loan can be borrowed in the following type of firms as well:

• Partnership Firms
• Sole Proprietorship
• Public Limited Companies

Used Car Loan Palavakkam Eligibility Criteria

For Salaried:-

1. Minimum age: minimum age criteria is 21 years
2. Maximum age at loan maturity: maximum age criteria is 60 years
3. Minimum employment: 1 year in modern employment and two working years of profession
4. Minimum Annual Income: Rs. 2,50,000 net annual income

For Self-Employed:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 60 years
3. Minimum employment: 3 years
4. Minimum Annual Income: Rs. 2,50,000 per annum

The following type of firm are also eligible to take a pre-owned Used Car Loan Palavakkam:

• Sole Proprietorship
• Partnership Firms
• Public Limited Companies
• Hindu Undivided Family

How to Apply for Used Car Loan in Palavakkam?

Availing a Used Car Loan Palavakkam is an easy process with DialaBank. You need to follow the following steps to help the best offers on loan:

• Visit our website Dialabank
• Click on the Used Car Loan option available in the menu bar
• Fill in the details regarding the car type and your income (yearly)
• Wait as our contact administrator will soon get in touch with you on your given figure.
• You may also reach our contact directors on the number 9878981166 in case of any queries concerning the loan.
• For availing a Used Car Loan in Palavakkam offline, you will have to attend the branch individually, which might turn to be excited for you.

Used Car Loan for Major Car Manufacturers in Palavakkam

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Palavakkam

Pre Calculated EMI Table for Used Car Loan Palavakkam

About Palavakkam

Palavakam is a site in the south of Chennai and census population in the Chennai district in the Indian state of Tamil Nadu. It is found on the East Coast Road concerning 6 km south of Adyar.

Used Car Loan EMI Calculator