Best Banks for Used Car Loan in Satna
Used Car Loan 
Satna Features
Are you looking to buy a fancy car? But the expenses are too high. To avail, a used car loan is one of the best options in the market which helps you buy the car of your choice. Get the loan quickly and hassle-free and enjoy driving and owning your dream car.
A Used Car Loan Satna will help buy the best car within your budget and is a financial aid offered to the customers by commercial banks and NBFCs. We present before you some of our best offers for Car Loan to purchase a used car anywhere in Satna!
The features of Used Car Loan Satna are as follows:
- You can avail a loan up to Rs.2.5 crore on pre-owned car value.
- Car at loan maturity age shall not exceed 10 years, with a maximum loan tenure of 60 months.
- Personalized help and advisory by our highly trained experts to choose a car that meets your wants.
- Enjoy doorstep service and easy documentation for our customers.
- You may also borrow up to 100% of the value of the car to the value of 3-6 times your annual remuneration.
- Convenient and customized repayment plans available with the easily payable instalments.
- Get 85% of the value of the car as a loan amount for 5 years without income proof verification.
- Flexible repayment tenures starting from 12 months to ease the burden.
*Terms and Conditions Apply
A used car loan is one of the types which encourages you to a purchase pre-owned car. To purchase a vehicle includes a great deal of research and thought process. From what model to pick, to the cost to the state of it, the rundown is interminable. Dialabank used car loan makes it worth for you to earn profitable credit for that purpose. The advance furnishes you with an office to profit a recycled advance for a sum which is higher than the expense.
Used Car Loan Satna Interest Rates
|
Bank
|
Processing Fee
|
Prepayment Charges
|
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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
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500/- to 0.50%
|
Nil
|
|
Kotak Car Loan
|
1% to 2%
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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 LoanTo check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Car Loan Satna Documents Required
For Salaried Individuals:
Any of the following as Identity and Address Proof:
Documents Required for Car Loan
- Valid Passport
- Permanent Driving license
- Letter issued by the National Population Register with name & address
- Voters ID Card
- Job card issued by NREGA
All the following as Income Proof:
- Latest Salary Slip
- Latest Form 16/ Latest ITR
- Bank Statements for the previous 6 months
Any of the following as Signature Verification Proof:
- Credit Card Statement and its Copy
- Banker’s Verification
- Passport Copy
- Photo Driving License with DOB
- Copy of Margin Money Paid to the Bank
For Self Employed**:
Identity proof: Memorandum and Articles of Association/ Certificate of Incorporation.
Age proof: Memorandum and Articles of Association/ Certificate of Incorporation.
Income proof: Latest ITR and audited balance sheet with profit & loss account.
Any of the following as Address Proof:
- Telephone Bill
- Memorandum and Articles of Association
- Certification of Incorporation
- Electricity Bill
Any of the following as Sign Verification Proof:
- Passport Copy
- Credit Card Statement and its Copy
- Copy of Margin Money Paid to the Bank.
- Banker’s Verification
- Photo Driving License with DOB
**The following type of companies can also apply for a Used Car Loan Satna:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Satna Eligibility Criteria
The following people are eligible to apply for a Pre-Owned Car Loan in Satna:
Salaried Individual:
- The candidate must be a doctor, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.
- 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 candidate’s income.
- Minimum Work Experience: Individuals who at least have had a job for 2 years, with a minimum of 1 year with the present employer.
- Age Limit: 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 period
Self Employed***:
- This includes individuals who own a private company in the business of manufacturing, trading, or service sectors
- Individuals who have an office landline number.
- Rs. 2,50,000 per annum should be a minimum earning
***The following type of companies are also eligible for a Used Car Loan Satna:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
How to Apply for Used Car Loan in Satna?
Availing a used car loan Satna is an easy process with the help of DialaBank.
- Visit us online at Dialabank
- Go to the specific city page for a used car loan Satna
- Fill in the details required in the fast and easy Used Car Loan Application Form.
- Our relationship manager will soon get in touch with you for further process.
Used Car Loan for Major Car Manufacturers in Satna
TABLE WILL APPEAR Apply for a Car LoanProcessing Fees / Prepayment Charges on Used Car Loan Satna
|
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
|
|
>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
|
Used Car Loan Satna Contact Number
Contact us at 9878981166 or visit the website of Dialabank for instant help and guidance to fulfil all your loan needs anytime in Satna.
Pre Calculated EMI Table for Used Car Loan Satna
Used Car Loan EMI Calculator Satna
About Satna
Satna is a city in the Satna district of Madhya Pradesh, India. The place is in the limestone belts of India and contributes around 8%–9% of India’s total cement production.
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