Best Banks for Used Car Loan in Santacruz
Used Car Loan Santacruz Features
Dialabank present before you some of our best offers for Used Car Loan to purchase a second-hand car anywhere in the city!
- Flexible repayment tenures starting from 12 months and get a car at loan, wherein maturity age shall not exceed 10 years, with a maximum loan tenure of 60 months.
- Avail a car loan up to Rs.2.5 crore on the pre-owned car value along with doorstep service and easy documentation facility.
- Guarantee of 85% car’s value for 5 years without income proof-verification along with personalized help and advisory by our highly trained experts to choose a car that meets your want to
- You may also borrow up to 100% of the value of the car to the value of 3-6 times your annual remuneration along with convenient and customized repayment plans available with the easily payable instalments.
- Checking the CIBIL score is very important.
*Terms and Conditions Apply
Used Car Loan Santacruz Interest Rates
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
Used Car Loan Santacruz Documents Required
Details on the documents required for car loan are mentioned below:
For Salaried Individuals:
For Identity and Address Proof:
- Passport
- Job card provided by NREGA
- Driving license
- Letter dispensed by the National Population Register stating your name & address
- Voters ID Card
For Income Proof:
- Freshest Salary Slip
- Bank Statements for the latest 6 months
- Latest Form 16/ Latest ITR
For Signature Verification Proof:
- Driving License
- Copy of marginal cash paid to Bank
- Credit Card Statement Copy
- Verification of the banker
- Passport Copy
For Self Employed**:
Age and Identity proof: Memorandum and Articles of Association/ Certificate of Incorporation.
Income/ Remuneration proof: Latest Income Tax Return and audited balance sheet with profit & loss account records.
For Sign Verification Proof:
- Credit Card Statement and its Copy
- Copy of cash margin paid to the bank.
- Passport Copy
- Verification of the Banker
- Driving License
For Address Proof:
- Telephone Bill
- Electricity Bill
- Memorandum and Article of Association
- Certification of Incorporation
**The following firms are also relevant to apply for a Used Car Loan Santacruz:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Santacruz Eligibility Criteria
Eligibility criteria for car loan , Pre-Owned Car Loan are discussed below:
Salaried Individual:
- Least Earning: A minimum of Rs. 2.5 lakhs per year, including the income of the spouse, are the eligible people to apply for such loan.
- Minimum Employment Practice: People who have work exposure for a minimum of 2 years and a minimum of 1 year with the present company.
- Age Limit: People fitting a minimum of 21 years of age when appealing for the loan, and a maximum of 60 years of age at the closure period of the loan.
- Licensed doctors, CAs, private limited company and public sector undertakings including central, state, and local bodies are the eligible people
Self Employed***:
- People who own a private company in the business of manufacturing, trading, or service enterprises.
- Rs. 2.5lakh per year should be a minimum payment received.
- Candidates who have an office landline number.
***The following traders are also qualified for a Used Car Loan Santacruz:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Private Limited Companies
Used Car Loan for Major Car Manufacturers in Santacruz
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Santacruz
Pre Calculated EMI Table for Used Car Loan Santacruz
Used Car Loan EMI Calculator Santacruz
About Santacruz
Santacruz, indicating “Holy Cross”, is a bordering neighbourhood Khar, dwelling in Mumbai, Maharashtra state of India.
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