Best Banks for Used Car Loan in Tarikere
Used Car Loan Tarikere Features
A Used Car Loan Tarikere provides an easy loan to the loan seekers with the features mentioned below:
- You may also borrow up to 100% of the value of the car to the value of 3-6 times your annual remuneration.
- Flexible repayment tenures starting from 12 months to ease the burden.
- Enjoy doorstep service and easy documentation for our customers.
- Get 85% of the value of the car as a loan amount for five years without income proof verification.
- Convenient and customized repayment plans available with the easily payable instalments.
- 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.
- You can get a loan up to Rs.2.5 crore on the value of your dream car.
*Terms and Conditions Apply
Used Car Loan Tarikere Interest Rates
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 Tarikere Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
For Identity and Address Proof:
- Valid Passport
- Permanent Driving license
- Letter issued by the National Population Register mentioning name & address
- Voters ID Card
- Job card provided by NREGA
For Income Proof:
- Latest Salary Slip
- Bank Statements for the last 6 months
- Latest Form 16/ Latest ITR
For Signature Verification Proof:
- Photo Driving License
- Credit Card Statement and its Copy
- Banker’s Verification
- Copy of Margin Money Paid to Bank
- Passport Copy
For Self Employed**:
Income proof: Latest Income Tax Return records and audited balance sheet with profit and loss account.
Age proof: Certificate of Incorporation/ Memorandum and Articles of Association.
Identity proof: Certificate of Incorporation/ Memorandum and Articles of Association.
For Sign Verification Proof:
- Credit Card Statement and its Copy
- Copy of Margin Money Paid to Bank.
- Passport Copy
- Verification issued by a Banker
- Photo Driving License
For Address Proof:
- Telephone Bill
- Electricity Bill
- Memorandum and Articles of Association
- Certification of Incorporation
**The following companies are also applicable for a Used Car Loan Tarikere city are:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Tarikere Eligibility Criteria
The car loan eligibility requirements are as followed:
Salaried Individual:
- Minimum Work Experience: Individuals who have job experience for a minimum of 2 years and a minimum of 1 year with the current employer.
- Minimum Earning: People earning a minimum of Rs. 2,50,000 annually, the income of the spouse can be considered as included with the candidate’s income.
- Age Limit: Individuals having the age of 21 years when applying for the loan, and a maximum of 60 years of age at the end of the loan maturity period.
- Professional practitioners a doctor, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.
Self Employed***:
- Individuals who own a private company in the business of manufacturing, trading, or service undertakings.
- Rs. 2,50,000 per year should be a minimum remuneration.
- Individuals who have an office landline number.
***The following companies are also eligible to apply for a Used Car Loan Tarikere:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Private Limited Companies
Used Car Loan for Major Car Manufacturers in Tarikere
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Tarikere
Pre Calculated EMI Table for Used Car Loan Tarikere
You can calculate your EMI here: Car Loan EMI Calculator
Used Car Loan EMI Calculator Tarikere
About Tarikere
Tarikere is is a gateway of Malnad, located in the Karnataka state of India.
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