All About Used Car Loan Saraimir
Having a personal car, it is always easy and convenient to go anywhere at any time. You no longer need to depend or tied by the schedule of public transport. Owing your car gives you the liberty to save your time and travelling expenses as well. Here, used car loan facility is available so that you can avail this and enjoy with a car.
Eligibility Criteria for Used Car Loan Saraimir
- Firstly, the minimum age of the applicant should be 21 years and maximum age has to be 60 years.
- Further, the minimum income of the applicant should be Rs. 24,000 per month or above.
- If the applicant is a government employee and living in a rented house can avail this loan.
Note: If the applicant is working in a non-government organization then you can’t apply for this loan.
- Firstly, the minimum age of the applicant should be 30 years.
- Further, the maximum age of the applicant has to be 60 years.
- In this, the minimum ITR of Rs. 2,50,000 for two years should be filed.
- Here, ITR is compulsory.
Note: If the applicant wants to avail used car loan but the age is 25 years then co-applicant is necessary and the co-applicant must be a working person.
Documents Required for Used Car Loan Saraimir
Following are the documents required for Used Car Loan Saraimir:
- Identity Proof: Aadhar Card, Voters ID card, Copy of Passport, Driving License, PAN Card.
- Bank Statement: Copy of active bank statement of last 6 months.
- Income Proof: For Salaried, latest salary slip of 3 months/ For Self-Employed, copy of ITR filed of last 2 years.
- Address Proof: Aadhar Card, Passport Copy, Driving License, Voters ID Card, Electricity Bill (if tenant).
- Further, copy of Registration Certificate and copy of Insurance of vehicle is compulsory.
Interest Rate to avail Used Car Loan Saraimir
The interest rate for used cars is at reducing 14.00% per annum. Eg. If you have availed a loan of Rs. 4,00,000 and after completion of one year you have to pay an amount of Rs. 3,00,000 then 14% will be charged on this particular amount and same will be continued.
Additional Information for Used Car Loan Saraimir
- First of all, the CIBIL score needs to be more than 700.
- When you avail the used car loan, the maximum insurance value you will get is 85%.
- Likewise, the loan amount is given for a period of 12 months (1 year) to 60 months (5 years).
- In this, the loan is available only for the car models which are launched after 2013.
- Furthermore, persons having CIBIL 0, 1, -1 are also considered for the loan.
- Here, the loan amount gets disbursed by bank in 48 hours.
- In addition to this, the minimum amount of credit that can be claimed by the applicant is Rs. 1 lakh.
Benefits of Used Car Loan Saraimir
- An easy monthly repayment option is available.
- Instantly available.
- Affordable Interest Rates.
- Easily and quickly available loans.
- There are no hidden charges.
- No collateral security is required.
Why should you choose DialaBank for a Used Car Loan?
- We offer you a loan with the lowest interest rates and with hassle free documentation.
- Truthsawer Used Car Loan is one of the best options that allow an individual to buy a car at an affordable amount.
- With our help, you will be getting the best in market loan to value ratio.
- Apply now on our official website for instant approval and faster processing of your car loan.
How to Apply for Used Car Loan Saraimir?
- Firstly you need to visit our website DialaBank
- Click on the car loan option displaying on the website.
- After that, fill all the required details on site and apply for a car loan.
- Also, mention your contact information.
Saraimir is a town and a nagar panchayat in Azamgarh district in the Uttar Pradesh state, India.