All About Used Car Loan Shankarpally
Own car has always been a dream of every person. The vehicle can be a new car or a used car. You need to have an idea, and we will fulfil it for you by providing car loan on easy terms and conditions. Avail car loan today only with DialaBank and achieve all your dreams.
What is Used Car Loan Shankarpally?
A car loan is a financial service offered to customers by popular banks and NBFCs. Banks provide you Used Car Loan with very reasonable interest rates. The car loan is disbursed within 48 hours. Truthsawer will help you to easily avail the Used Car Loan.
Interest Rates for Used Car Loan Shankarpally
The interest rate for used cars is 14.00% reducing. For example, If you applied for a loan of Rs. 6,00,000 and after completion of one year you have to pay an amount of Rs. 5,00,000 then 14% will be charged on this particular amount and same will be continued.
Eligibility Criteria for Used Car Loan Shankarpally
- Age of the applicant should be minimum of 21 years and maximum of 65 years.
- Minimum employment 1 year in present company and a minimum of 2 years of work in total.
- Customers monthly income should be Rs 24,000.
- Minimum age 30 years. 25 years if you have earning co-applicant.
- Maximum age at loan maturity 60 years
- Minimum employment At least two years in business
- Minimum ITR filed should be 2.5 lakhs annually for two consecutive years.
Why should one choose Used Car Loan Shankarpally ?
- There are very easy Repayment options for Used Car Loan.
- Most note-worthy, Instant funding and quick disbursal.
- Loan Tenure varies from 1 to 7 years.
- Rates of Interests are affordable.
- Processing of Used Car loan is fast and hassle-free.
- Also, There are no hidden charges for the same.
Documents for Used Car Loan Shankarpally
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License, Aadhar Card
- Income Proof: For Salaried Latest 3 months salary slip and 6 months bank statement. For Self- Employed Last 2 ITR filed and 6 months bank statement.
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy / PAN Card / Aadhar Card
- Bank Statement: Bank statements for the last six months is also required.
- RC and Insurance Copy
- Rent agreement is needed only in case of government employees.
Additional Information for Used Car Loan Shankarpally
- The CIBIL of the applicant needs to be more than 700.
- The loan tenure is from 12 months to 60 months.
- The minimum amount of credit that can be claimed by the applicant is Rs. 1 lakh.
- The persons are having CIBIL 0, 1, -1 is also considered for the loan.
Why should you choose DialaBank for a used car loan?
- Truthsawer offers you a car 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.
- We offer car loans up to up to 5 years tenure.
- Apply now on our official website for instant approval and faster processing.
How to apply for Used Car Loan Shankarpally?
- First of all, You have to Visit our site i.e, Truthsawer
- Secondly, Go to the loan section and select auto loan followed by car loan link.
- After that, Provide all your information, including your phone number.
- You will recieve a phone call from our experts, and they will guide you further.
Shankarpalli is a town in Ranga Reddy district of the Indian state of Telangana. Now it is effortless to avail used car loan with the help of Truthsawer.
Used Car Loan Providers in 2019