Used Car Loan Rairangpur

Best Banks For Used Car Loan In Rairangpur

Used Car Loan Rairangpur Features

A Used Car Loan Rainrangpur can serve to fulfill the needs of people planning to buy a second user car.

Features of used car loan Rainrangpur are many. Some of them are as follows

• One can avail of a car loan up to Rs.2.5 crore on the value of the car.
• Availability of 85% value of the car as a loan amount for five years without any income proof requirement.
• Enjoy doorstep service and easy documentation facilities offered by us to ease the process for you.
• Checking the CIBIL score is very important.

*Terms and Conditions Apply

Dialabank is there for you with the best offers for buying a pre-owned car with a loan in Rainrangpur!

Visit Dialabank to know more about Used Car Loan Rairangpur.

Used Car Loan Rairangpur Interest Rates

Details on the  car loan interest rate are given below:

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

Apply for a Car Loan

Used Car Loan Rairangpur Documents Required

Documents required for car loan are as followed:

For Salaried Individual:

Any of the following documents as identity & Address Proof:

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

All the following documents as proof of income:

• Latest Salary Slip
• Latest Form 16/Latest ITR
• Bank Statements for the previous 6 months

Any of the following for sign verification proof:

• Credit Card Statement with Credit Card Copy
• Banker’s Verification
• Passport Copy
• Photo Driving License with DOB (recent, legible, laminated)
• Copy of Margin Money Paid to the Bank

For Self Employed**:

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

Identity proof: Memorandum and Articles of Association/Certificate of Incorporation.

Income proof: Latest ITR and audited balance sheet along with profit & loss account.

Any of the following documents as address proof:

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

Any of the following for sign verification proof:

• Passport Copy
• Credit Card Statement with Credit Card Copy
• Banker’s Verification
• Photo Driving License with DOB (recent, legible, laminated)
• Copy of Margin Money Paid to the Bank.

**The following type of companies can also apply for a Used Car Loan Rairangpur:

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan Rairangpur Eligibility Criteria

The car loan eligibility requirements are as followed:

Salaried Individual:

• The applicant must be: Who is a doctor, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.
• Age Range: Individuals who are 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 tenure
• Minimum Work Experience: Individuals who at least have had a job for 2 years, with a minimum of 1 year with the present employer.
• Minimum Earning: Those who earn a minimum of Rs. 2,50,000 per year., The income of the spouse can be considered as one with the applicant’s income.

Self Employed***:

• This includes individuals who own a private company in the business of manufacturing, trading, or services
• Rs. 2,50,000 per annum should be a minimum earning.
• Individuals who have an office landline.

***The following type of companies are also eligible for a Used Car Loan Rairangpur:

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan For Major Car Manufacturers In Rairangpur

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Processing Fees / Prepayment Charges On Used Car Loan In Rairangpur

Pre Calculated EMI Table For Used Car Loan Rairangpur

Used Car Loan EMI Calculator

About Rairangpur

Rairangpur is a city and a tehsil of Mayurbhanj district in Odisha. It is about 287 kilometres from the capital state Bhubaneshwar and 82 kilometres from the district headquarters of Baripada.