Used Car Loan Ramanathapuram

Best Banks for Used Car Loan in Ramanathapuram

Feature	HDFC Bank	Private Bank	Kotak Mahindra Bank
Interest Rate	8% - 8.4 %	8.5 - 9.5 %	11%
Min Loan Amt	Metro : 1 Lac & Non Metro: 75000	75000	75000
Max Loan Amt	1 Cr	1 Cr	1 Cr
Loan Tenure	Upto 7 Years	Upto 5 Years	Upto 5 Years
Processing Fee	1999 - 4999 + Tax	0.25% to 1.50%	0.25% to 1.50%
Preclosure Chgs	2%, Nil after 24 months	2%, Nil after 36 months	Nil
Loan to Value (LTV)	Upto 100% on Ex- showroom	Upto 95% on Ex- showroom	Upto 90% on Ex- showroom

Used car loan Ramanathapuram Features

Do you have cravings for a long drive with families and friends? Are you looking for a car but your budget doesn’t allow you? Then you can apply for a used car loan. This is also a loan facility given by various banks. Through this loan you can get rid from all your problems related to the car.

Benefits of Used Car Loan Ramanathapuram

1. An easy monthly repayment option is available.
2. Affordable Interest Rates.
3. Easily and quickly available loans.
4. No collateral security is required.
5. Checking the CIBIL score is very important.

Used Car Loan Ramanathapuram 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

Used Car Loan Ramanathapuram Documents Required

Details on the documents required for car loan are mentioned below:

For Salaried:

• Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
• Income Proof: Latest 3-month salary slip with form 16
• Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 3 months.

For Self Employed:

• Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
• Income Proof: Latest ITR
• Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 3 months.

Public Limited Companies, Private Limited Companies, Hindu Undivided Family – HUF can also avail used car loan.

Used Car Loan Ramanathapuram Eligibility Criteria

Eligibility criteria for car loan are discussed below:

For Salaried:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 60 years
3. Minimum employment: 1 year in current employment and a minimum of 2 years of employment
4. Minimum Annual Income: Rs 2,50,000 net annual income

For Self-Employed:-

1. Minimum age: 25 years
2. Minimum Annual Income: Rs 2,50,000 net annual income
3. Maximum age at loan maturity: 65 years
4. Minimum employment: Should have been in business for a minimum of 3 years

Used Car Loan for Major Car Manufacturers in Ramanathapuram

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan in Ramanathapuram

Used Car Loan Ramanathapuram Contact Number

In case of any queries regarding the used car loan in Ramanathapuram, you may contact the number 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Used Car Loan Ramanathapuram

Used Car Loan EMI Calculator Ramanathapuram

About Ramanathapuram

Ramanathapuram is a town located in Ramanathapuram district in the state of Tamil Nadu.