Used Car Loan Rangia

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Best Banks for Used Car Loan in Rangia

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 Rangia Features

used car loan Rangia

Some impressive functions of used car loan Rangia include:

Hassle, and free process complex.
Fast and simple approvals and disbursals for car loans.
Simple document delivery services from your doorstep.
Up to 85 percent of the car’s value as a 5-year loan sum, and that too without any evidence of profits.

Used Car Loan Rangia Interest Rate

Details on the car loan interest rate are given below:

Bank	Processing Fee	Prepayment Charges
HDFC Bank Car Loan	(1999 - 4999) + Tax	2%, Nil foreclosure charges after 24 months
Axis Bank Car Loan	1 % to 2.50%	Nil
Private Bank Car Loan	0.25% to 1.50%	2%, Nil foreclosure charges after 36 months
SBI Car Loan	500/- to 0.50%	Nil
Kotak Car Loan	1% to 2%	2.25% of fore closure amount if closed 1 month ahead of the tenure.
IIFL Car Loan	Nil	Nil
Muthoot Car Loan	Nil	Nil
Manappauram Car Loan	Nil	Nil
PNB Car Loan	0.70% to 1%	Nil
Canara Bank Car Loan	1%	Nil
Andhra Bank Car Loan	Nil	Nil

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 Rangia Documents Required

Documents required for car loan are as followed:

For Salaried:-

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.

Used Car Loan Rangia Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried:-

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.

For 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.

Used Car Loan for Major Used Car Manufacturers in Rangia

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Used Car Loan Rangia

Category	Details
Processing Charges	1999 - 4999 + Tax
Prepayment	No prepayment is allowed until 12 EMIs are paid
Preclosure	No foreclosure is allowed until 12 EMIs are paid
Prepayment Charges	13-24 months: 2% of loan principal outstanding
Prepayment Charges	>36 months: Nil Charges
Stamp Duty	As per state laws
Cheque Bounce Chgs	₹ 550/chq + GST
Floating Rate of Interest	Not Applicable
Overdue EMI Interest	2% p.m.(on overdue amount)
Amortisation Schedule Chgs	Rs 200 + GST

Pre Calculated EMI Table for Used Car Loan Rangia

Rate	5 Yrs	4 Yrs	3 Yrs
10.50%	2149	2560	3250
11.00%	2174	2584	3273
11.50%	2199	2608	3297
12.00%	2224	2633	3321
12.50%	2249	2658	3345
13.00%	2275	2682	3369
13.50%	2300	2707	3393
14.00%	2326	2732	3417
14.50%	2352	2757	3442
15.00%	2378	2783	3466

About Rangia

Rangia is a village in Assam County Kamrup. The village is renowned for the Shripur Dewalay Mandir, and many devotees and admirers of Hindu culture and faith have seen the temple. It is said that this temple was built by Ahom King, Sib Singha (1718-1744) and legend has it, part of Goddess Sati’s body fell here after she immolated herself.