Chandigarh, also known as the green city of India due to its cleanliness has the distinction of being the capital of two states in India. Known for its archeological and urban importance, this well planned city has a lot of scope for working class individuals. The roadways have been planned in an amazing way just to keep the traffic moving and also a designated track for cyclists. With so much happening, there is a good market for cars which can help the people living in Chandigarh solve their travel worries. Keeping this in mind, there is a good market in Chandigarh for Used Car Loans. Hence there are many options for used cars for people. These loans are secured in nature and hence there is lesser rate of interest when compared to other types of loans. These loans are also short term and hence you can avail for a used car loan in Chandigarh for a maximum of 7 years*. Banks and NBFC’s will compare your credit history and then assess the car’s market value. According to the value of the car, you can get up to 85%* of the value as the loan amount.
Any person residing in Chandigarh can apply for a used car loan in order to purchase a vehicle of their choice. But there are 3 main reasons which make the decision of taking a car loan as correct;
Every time when a vehicle is being bought, the person has to settle for a lower car variant. But with a used car loan, a person in Chandigarh can opt for a used car which fits in their budget and saves them a lot of money.
Getting the choice to own your style of car is very important. In a used car loan situation, a person in Chandigarh gets to choose their own desired model. This is because the person cannot choose their own model in a new car and hence ends up settling for a car which fits within their desired budget.
Loans like a Used car loan is easily available in Chandigarh as their roadways are clear, the city is clean and hence people can use the vehicle to solve all their travel worries. Banks and NBFC’s have made this loan available for every salaried and self employed person in Chandigarh so they can purchase a second hand car.
There are criteria that need to be cleared by ever person that wants to apply for a used car loan in Chandigarh. Through this, they can apply for a used car loan immediately. The person’s residential status and age along with income forms the three mandatory requirements set anywhere in India for a person to get a loan.
Once the 3 mandatory requirements are set, the person can apply for a used car loan in Chandigarh. Also, there are many more such requirements which need to be cleared by people which can make the bank understand if you would be able to repay the loan amount or no.
There are multiple documents required when you opt to apply for any type of a loan. Banks and NBFCs prioritize their focus mostly on documentation because this helps them to understand if the customer is worth providing the loan with. Hence they provide with an array of documents which covers all the aspects. But such documents are different for both; salaried class and self employed class. Hence we have listed the mentioned documents which you need to get;
Ruloans has been one of the most successful loan distribution houses in India. Over the years we have serviced over thousands of happy customers residing in all the major cities in India. With a presence like ours, we have grown as a brand and now not only serve customers within India. We now serve customers in Dubai too. Our motto revolves around customer satisfaction and hence we help them borrow right always. Any person can apply for a used car loan in Chandigarh and expect the best service always. Below mentioned are few reasons why we believe a used car loan taken from us in Chandigarh is the best decision you can make. Here are the reasons;
Every loan process takes a lot of time. Hence the customer might waste a lot of time completing the whole process. In order to ensure that this does not happen anymore, we have created a process which will help you get all the steps completed very soon and save a lot of your precious time.
There are multiple benefits of joining us as we have been in this industry for a longer time. Our vision has been the same which deals in customer satisfaction and hence we always ensure they get the loan which fits in their best interests.
Who would like to visit different bank’s websites in order to find out the loan process and the deals? Here we get to compare loan options on Ruloans web portal of all our partnered banks. Hence you can choose the bank of your choice.
There is a lot of talk about giving expert guidance and it is very important to us that all our clients get the best services. Hence our well equipped staff helps the clients in getting the best loan as per their requirements. All this is done without charging them a single dime.
With so much importance being given to privacy, we have taken the necessary steps in order to ensure that customer’s sensitive information is not spread outside.
It is not mandatory to apply for a bank account before taking a loan from it. But if you have an account with the bank, you become eligible for a relationship discount. Some banks also provide you additional services along with relationship discount.
Yes, you can track your application via SMS and email. We also provide the facility to track your application on our website via login menu.
For your loan-related queries, you can call our representative on 1800 2667576 or mail us at email@example.com