Car Loans Kerala Malappuram
We are providing loans for used and new cars at low interest rate all over kerala.
22 JULY 2024
Used Car Loan
A Pre-owned Car Loan interest rate is between 12% and 14.50% per annum. Know your eligibility in simple steps: Perform a Used Car Loan eligibility check in just a few clicks. Know the monthly amount you'd be required to pay with the help of a Car Loan EMI calculator, online.
22 JULY 2024
Loan Eligibility
Salary customers eligible for a car loan
Employment Stability: Minimum employment duration required. Credit Score: Good credit history preferred. Existing Debts: Manageable Debt-to-Income (DTI) ratio. Age Criteria: Generally between 21 and 65 years.
22 JULY 2024
Documents
The documents basically include proof of identity, proof of address, proof of age, proof of income, bank statement, and proforma invoice among others. With a wide range of car loan products available in the market, it is no longer a distant dream for a middle-class family in India to own a car.
22 JULY 2024
Loan Approval
If you are found to be eligible your loan application will be processed in less time. Loan approval- After verification is completed, usually banks will take 1 to 5 days to approve your car loan. Though, this period might vary from bank to bank depending on the borrower's credit profile.