Best Banks for Used Car Loan in Umred
Used Car Loan Umred Features
The best Car Loan Umred will assist you with purchasing the best vehicle inside your spending plan and is a budgetary guide offered to the clients by business banks and NBFCs. Dialabank present their best proposals for a car loan to buy the trade-in vehicle in Umred!
The highlights of Trade-in vehicle Credit Umred are as per the following:
- Adaptable repayment plans beginning from a year to reduce the weight on your pocket.
- Vehicle at credit development age will not surpass 10 years, with a most extreme advance residency of 60 months.
- Customized help and warning by our exceptionally prepared specialists to pick a vehicle that meets your needs.
- You can get a credit up to Rs.2.5 crore on the car worth.
- Get 85% of the estimation of the vehicle as a credit sum for a long time without pay confirmation check.
- You may acquire up to 100% value of the vehicle to the estimation of 3-6 times your yearly early.
- Helpful repayment plans accessible with the effectively payable parts
*Terms and Conditions Apply
Used Car Loan Umred 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 Umred Documents Required
For Salaried Individuals:
The documents required for car loan are :
For Identity and Address Proof:
- Passport
- Driving license
- The letter assigned 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 Income Tax Return
For Signature Verification Proof:
- Driving License
- Credit Card Statement and its Copy
- Verification
- Copy of Margin Money Paid to Bank
- Passport Copy
For Self Employed**:
Age and identity proof: Certificate of Incorporation/ Memorandum and Articles of Association.
Income verification proof: Latest Income Tax Return and audited balance sheet with profit & loss account details.
For Sign Verification Proof:
- Credit Card Statement and its Copy
- Passport Copy
- Verification by the banker
- Copy of Marginal cash Paid to the Bank.
- Photo Driving License
For Address Proof:
- Telephone Bill
- Electricity Bill
- Memorandum and Articles of Association
- Certification of Incorporation
**The following companies are also appropriate to apply for a Used Car Loan Umred city:
- Sole Proprietorship
- Partnership Firms
- Private Limited Companies
- Public Limited Companies
Used Car Loan Umred Eligibility Criteria
The following people are eligibility for Car Loan in Umred city:
Salaried Individual:
- Minimum Work Experience: People who have job experience for a minimum of 2 years and a minimum of 1 year with the current employer.
- Minimum Earning: People getting a minimum of Rs. 2.5 lakhs annually, the income of the spouse can be considered as held with the candidate’s income.
- Age Limit: People 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 doctors, CAs, private limited company employee, employees from public sector undertakings including central, state, and local bodies.
Self Employed***:
- Rs. 2.5 lakhs per year should be a minimum remuneration.
- People who own a private company in the business of manufacturing, trading, or service undertakings.
- People who have an office landline number.
***The following organisations are also eligible for a Used Car Loan Umred city:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Private Limited Companies
Used Car Loan for Major Car Manufacturers in Umred
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan Umred
Pre Calculated EMI Table for Used Car Loan Umred
Used Car Loan EMI Calculator Umred
About Umred
Umred is a municipal council in the Nagpur district of Maharashtra, India having a population of 49,573.
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