Best Banks for Used Car Loan in Vellore
Used car loan Vellore Features
- Attractive interest rates on Used Car Loan Vellore
- Choose any car available in India
- Repay your Loan with easy EMIs
- Hassle-free loans provided – no post-dated cheques required
- Easy and simple documentation needed to avail of Used Car Loan Vellore
- Avail of loan up to Rs. 2.5 crore on a wide range of preowned cars and multi-utility vehicles
- Get between 3 to multiple times your yearly pay, and get up to 100% of the estimation of the car*
*Age of Car at credit development ought not to cross 10 years, subject to the most extreme advance residency of 60 months.
- Profit of qualified and effective reimbursement plans including pocket-accommodating EMIs.
- Get customized help to pick a vehicle that meets your particular needs.
- Check your advanced qualification in only 60 seconds.
- Get 80% of the estimation of the vehicle as to the advance sum for a long time without payment confirmation.
- Get 85% of the estimation of the vehicle as to the advance sum for a long time without payment confirmation.
Used Car Loan Vellore Interest Rates
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Vellore Documents Required
Documents required for a car loan are as followed:
For Salaried:
- Identity Proof: Voters ID card, Passport copy, PAN Card, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Address Proof: Voters card / Passport Copy / Telephone Bill / Driving license / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 3 months.
For Self Employed:
- Identity Proof: Voters ID card, Passport copy, PAN Card, Driving License
- Income Proof: Latest ITR
- Address Proof: Voters card / Ration card / Telephone Bill / Driving license / Electricity Bill / Passport Copy / Life Insurance Policy /PAN Card
- Bank Statement: Last 3 months.
Public Limited Companies, Private Limited Companies, Hindu Undivided Family – also need to submit the same documents in order to avail used car loans.
Used Car Loan Vellore Eligibility Criteria
The car loan eligibility requirements are as followed in Vellore:
For Salaried:-
- Minimum age: 21 years
- Maximum age at loan maturity: 60 years
- Minimum employment: 1 year in the contemporary job and a minimum of 2 years of work
- Minimum Annual Income: Rs 2,50,000 net annual income
For Self-Employed:-
- Minimum age: 25 years
- Maximum age at loan maturity: 65 years
- Minimum employment: Should have been in business for a minimum of 3 years
- Minimum Annual Income: Rs 2,50,000 net annual income
Used Car Loan for Major Car Manufacturers in Vellore
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Used Car Loan in Vellore
Used Car Loan Vellore Contact Number
In case of any questions regarding the used car loan in Vellore, you may contact on the number 9878981166 for any sort of assistance.
Pre Calculated EMI Table for Used Car Loan Vellore
Used Car Loan EMI Calculator Vellore
About Vellore
Vellore is a city and the administrative quarters of the Vellore area in the Indian state of Tamil Nadu. It is placed on the banks of the Palar River in the northeastern part of Tamil Nadu and is classified into four zones that are further subdivided into 60 wards. The Vellore district is the largest exporter of finished leather goods in the country. Leather shipping from Vellore accounts for more than 37% of India’s leather shipping and leather-related results. Vellore is one of 27 cities chosen by the Government of India to become part in the country’s Smart Cities Mission.
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