Best Banks for Used Car Loan in Yavatmal
Used Car Loan Yavatmal Features
- Used Car Loans are at low interest rates
- Enjoy unusual pricing
- Practice easy, hassle-free processing, quick approvals, and agile disbursals
- Track your application anytime, anywhere. Get standing updates about your loan demand at every step
- Avail of customized and convenient repayment arrangements with pocket-friendly EMIs
- Almost all essential banks and NBFCs offer Used Car Loans in Yavatmal
- The documentation method is quick and hassle-free
- Used Car Loans are easily accessible through DialaBank
- Get 80% of the value of the car as a loan amount for three years without income proof
- Get 85% of the value of the vehicle as a loan amount for five years without income proof
Used Car Loan Yavatmal Interest Rate
Check the Car Loan Interest rates for used cars:
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Used Car Loan Yavatmal Documents Required
For Salaried:
Any of the following documents required for a car loan for identity and residence proof:
- Valid Passport
- Voter ID Card
- Permanent Driving License
- Job Card
- Letter issued by the National Population Register
Income proof:
- Latest Salary Slip
- Latest Form 16/Latest ITR
- Bank statement of the last six months
Signature proof:
- Passport Copy
- Photo Driving License with DOB
- Credit card statement with Credit Card Copy
- Banker’s verification
For Self Employed:
- Age proof, the documents needed are Memorandum also Articles of Association/Certificate of Business
- Identity proof, the records claimed are Memorandum also Articles of Association/Certificate of Establishment
- Income Proof, there is a form of the Newest ITR and balance sheet with profit and loss account
- Address Proof Documents: Certificate of Incorporation, Telephone Bill, Memorandum and Articles of Association, Electricity Bill
- Sign Verification Proof: Passport Copy, Credit Card Statement, Banker’s Confirmation, Photo Driving Permit with DOB
Also, the Used Car Loan can be obtained in the following type of firms as well:
- Partnership Firms
- Sole Proprietorship
- Public Limited Companies
Used Car Loan Yavatmal Eligibility Criteria
Following points need to be kept in mind while checking the Car loan Eligibility criteria:
For Salaried:-
- Minimum age: tiniest age criteria is 21 years
- Maximum age at loan maturity: highest age criteria is 60 years
- Minimum employment: 1 year in the modern profession and two working years of employment
- Minimum Annual Income: Rs. 2,50,000 net annual income
For Self-Employed:-
- Minimum age: 21 years
- Maximum age at loan maturity: 60 years
- Minimum employment: 3 years
- Minimum Annual Income: Rs. 2,50,000 per annum
The later type of firms are also available to take a pre-owned Used Car Loan Yavatmal:
- Sole Proprietorship
- Partnership Firms
- Public Limited Companies
- Hindu Undivided Family: To obtain the loan amount, a person must meet the Eligibility criteria for a car loan.
How to Apply for Used Car Loan in Yavatmal?
Availing a Used Car Loan Yavatmal is an uncomplicated process with DialaBank. You need to understand the subsequent steps to help the best offers on loan:
- Visit our website Dialabank
- Click on the Used Car Loan selection available in the menu bar
- Fill in the details about the car type and your income (yearly)
- Wait as our communication handler will soon get in touch with you on your addressed number.
- You may also reach our meeting supervisors on the number 9878981166 in case of any interrogations concerning the loan.
- For availing a Used Car Loan in Yavatmal offline, you will have to visit the branch personally, which might turn to be excited for you.
Used Car Loan for Major Car Manufacturers in Yavatmal
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Processing Fees / Prepayment Charges on Used Car Loan Yavatmal
Pre Calculated EMI Table for Used Car Loan Yavatmal
About Yavatmal
Yavatmal is a city and local assembly in the Indian state of Maharashtra. It is the organizational quarters of the Yavatmal District. Yavatmal is around 90 km away from divisional offices Amravati while it is 670 km away from Mumbai’s state metropolis.
Used Car Loan EMI Calculator
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