Used Car Loan Umaria

Best Banks For Used Car Loan In Umaria

Used Car Loan Umaria Features

Get a used car loan to simply remove all your financial worries while buying a pre-owned vehicle!

You can simply opt for a used car loan Umaria at low interest by availing of custom and convenient repayment plans with easy pay EMIs.

One can avail of up to Rs.2.5 crore of loan amount by getting approximately 3 to 6 times your annual income as well as can borrow up to 100% of the value of the car*

Some other amazing used car loan Umaria features include:

• Hassle and complex free process.
• Quick and fast loan approvals and disbursals.
• Easy pickup services of the documents from your doorstep.
• Up to 85% of the value of the car as a loan amount for 5 years and that too without any income proof.

The age of Car should not be more than 10 years at loan maturity. The maximum loan tenure of 60 months is available with flexible repayment periods starting from 12 months and extending up to 60 months.

Terms & conditions apply, offers on specific models only.

Visit Dialabank to know more about Used Car Loan Umaria.

Used Car Loan Umaria Interest Rates

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

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Used Car Loan Umaria Documents Required

An individual must check the documents required for a car loan before deciding.

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 Umaria:

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

Used Car Loan Umaria Eligibility Criteria

An individual must fulfil the Eligibility criteria for a car loan to avail of the loan amount.

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 Umaria:

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

Used Car Loan For Major Car Manufacturers In Umaria

TABLE WILL APPEAR

Processing Fees / Prepayment Charges On Used Car Loan In Umaria

Pre Calculated EMI Table For Used Car Loan Umaria

You can calculate your EMI here: Car Loan EMI Calculator

Used Car Loan EMI Calculator

About Umaria

Umaria is a district in Madhya Pradesh. The district is a part of the Shahol division. Umaria is enriched with its vast resources of forests and minerals.