Used Car Loan Thiruvarur

Best Banks For Used Car Loan In Thiruvarur

Used Car Loan Thiruvarur Features

What about driving a used vehicle? But don’t they have the necessary resources for it? Make no cares! There’s a used car loan for you. A used car loan is a means of financing or financial aid given to the beneficiaries by banks and NBFCs at a good rate to help them purchase a used car.

Since used cars are a necessity for everyone, but the cost of used cars is increasing exponentially every day. It is here where a used car loan plays a part and fulfills your ambition to be the owner of your used car vision. A used car loan in Thiruvarur has the key features of:

• Obtain 80% of the car’s worth as a loan sum for 3 years without evidence of income
• Experience clear, trouble-free production, prompt approvals, and fast disbursements
• Anytime, anywhere, watch your submission. Get status updates at every phase of your loan application
• Enjoy doorstep service and fast and clear documents required for car loan.

Used Car Loan Thiruvarur Interest Rates

To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Used Car Loan Thiruvarur Documents Required

For Salaried Individual:

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.

**The following type of companies can also apply for a Used Car Loan Thiruvarur:

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan Thiruvarur Eligibility Criteria

The following people are eligible to apply for a Pre-Owned Car Loan:

Salaried Individual:

• 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.

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.

***The following type of companies are also eligible for a Used Car Loan Thiruvarur:

1. Sole Proprietorship
2. Partnership Firms
3. Private Limited Companies
4. Public Limited Companies

Used Car Loan For Major Car Manufacturers In Thiruvarur

TABLE WILL APPEAR

Processing Fees / Prepayment Charges On Used Car Loan In Thiruvarur

Pre Calculated EMI Table For Used Car Loan Thiruvarur

Used Car Loan EMI Calculator

About Thiruvarur

Thiruvarur is a town and municipality in Tamil Nadu. It is the administrative headquarters of Tiruvarur district and Tiruvar taluk. The languages spoken are Tamil and English.