{"id":1330,"date":"2020-07-31T09:54:23","date_gmt":"2020-07-31T09:54:23","guid":{"rendered":"http:\/\/magicloans.in\/?p=1330"},"modified":"2020-07-31T09:54:23","modified_gmt":"2020-07-31T09:54:23","slug":"car-loan-palakkad","status":"publish","type":"post","link":"https:\/\/magicloans.in\/car-loan-palakkad\/","title":{"rendered":"Car Loan Palakkad"},"content":{"rendered":"<div class=\"container\">\n<form id=\"contact\" accept-charset=\"UTF-8\" action=\"https:\/\/crm.zoho.com\/crm\/WebForm\" method=\"POST\" name=\"WebForm778470000019075815\">\n<h3 align=\"center\"><strong>Car Loan Palakkad @ <img decoding=\"async\" src=\"http:\/\/www.magicloans.in\/wp-content\/uploads\/2017\/05\/magicloanscoin-1.jpg\" \/><\/strong><\/h3>\n<h2 align=\"center\">Apply Now &amp; Get Instant Approval<\/h2>\n<p>&nbsp;<\/p>\n<p><input style=\"display: none;\" name=\"xnQsjsdp\" type=\"text\" value=\"d6defc94b02bcb3bf52a5c3ad2e81b3508d60e51952b815de4dc225022111d15\" \/><input style=\"display: none;\" name=\"xmIwtLD\" type=\"text\" value=\"dd6f9e66bc53a4c26ad52253ec8ca252219d839a400412108eeffbc51cf57c63\" \/><input style=\"display: none;\" name=\"actionType\" type=\"text\" value=\"Q3VzdG9tTW9kdWxlMQ==\" \/><input style=\"display: none;\" name=\"returnURL\" type=\"text\" value=\"http:\/\/www.dialabank.com\/thankyou.cfm\" \/><\/p>\n<table class=\"container\">\n<tbody>\n<tr>\n<td colspan=\"2\"><input id=\"NAME\" tabindex=\"1\" name=\"NAME\" required=\"\" type=\"text\" autofocus=\"\" placeholder=\"Full Name\" \/><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><input id=\"COBJ1CF11\" tabindex=\"2\" name=\"COBJ1CF11\" required=\"\" type=\"text\" placeholder=\"Contact Number\" \/><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><input id=\"COBJ1CF171\" tabindex=\"3\" name=\"COBJ1CF171\" required=\"\" type=\"text\" placeholder=\"City Name\" \/><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><input id=\"COBJ1CF63\" tabindex=\"4\" name=\"COBJ1CF63\" required=\"\" type=\"text\" placeholder=\"Monthly Income\" \/><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">\n<button class=\"btn\" tabindex=\"5\" type=\"submit\">Get Me The Best Offer<\/button><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><script>\n\t  var mndFileds=new Array('NAME','COBJ1CF11','COBJ1CF171','COBJ1CF63');\n\t  var fldLangVal=new Array('Full Name','Mobile','City Other','Net Monthly Inc (Rs)');\n\t\tvar name='';\n\t\tvar email='';\n\t  function checkMandatory() {\n\t\tfor(i=0;i<mndFileds.length;i++) {\n\t\t var fieldObj=document.forms['WebForm778470000019075815'][mndFileds[i]];\n\t\t  if(fieldObj) {\n\t\t\tif (((fieldObj.value).replace(\/^s+|s+$\/g, '')).length==0) {\n\t\t\t if(fieldObj.type =='file')\n\t\t\t\t{ \n\t\t\t\t alert('Please select a file to upload.'); \n\t\t\t\t fieldObj.focus(); \n\t\t\t\t return false;\n\t\t\t\t} \n\t\t\talert(fldLangVal[i] +' cannot be empty.'); \n\t\t\t  fieldObj.focus();\n\t\t\t  return false;\n\t\t\t}  else if(fieldObj.nodeName=='SELECT') {\n\t\t\t if(fieldObj.options[fieldObj.selectedIndex].value=='-None-') {\n\t\t\t\talert(fldLangVal[i] +' cannot be none.'); \n\t\t\t\tfieldObj.focus();\n\t\t\t\treturn false;\n\t\t\t   }\n\t\t\t} else if(fieldObj.type =='checkbox'){\n\t\t\t if(fieldObj.checked == false){\n\t\t\t\talert('Please accept  '+fldLangVal[i]);\n\t\t\t\tfieldObj.focus();\n\t\t\t\treturn false;\n\t\t\t   } \n\t\t\t } \n\t\t\t try {\n\t\t\t\t if(fieldObj.name == 'Last Name') {\n\t\t\t\tname = fieldObj.value;\n\t\t\t\t}\n\t\t\t} catch (e) {}\n\t\t\t}\n\t\t}\n\t\t\t }\n   \n<\/script><\/p>\n<\/form>\n<\/div>\n<p align=\"justify\">\n<style type=\"text\/css\">\n<!-- .style1 {color: #F60} --><br \/>\n<\/style>\n<p>&nbsp;<\/p>\n<h2 align=\"justify\"><span class=\"style1\"><strong>Car Loan Palakkad<\/strong><\/span><\/h2>\n<p align=\"justify\">\nUpgrade your four wheeler now and buy a new car easily with the help of Magicloans and avail the best offers on car Loan at Lowest Interest rates and easy Disbursal and lot more. Grab the best deal now to avail the comfort of your new car<\/p>\n<p align=\"left\">\n<h2 align=\"left\"><span class=\"style1\"><strong>Why to Choose a Car Loan in <\/strong><strong>Palakkad?<\/strong><\/span><\/h2>\n<div align=\"center\">\n<p align=\"center\">\n<table border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td>\n<p align=\"center\"><strong>Interest Rates<\/strong><\/p>\n<\/td>\n<td>\n<p align=\"center\"><img decoding=\"async\" src=\"http:\/\/www.magicloans.in\/wp-content\/uploads\/2017\/06\/Magic-Loans.png\" \/><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p align=\"center\"><strong>Collateral Required<\/strong><\/p>\n<\/td>\n<td>\n<p align=\"center\">Hypothecation of the car<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p align=\"center\"><strong>Loan Tenure<\/strong><\/p>\n<\/td>\n<td>\n<p align=\"center\">1 Yr to 5 Years<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p align=\"center\"><strong>Max Funding<\/strong><\/p>\n<\/td>\n<td>\n<p align=\"center\">Upto 90% of Car Value<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p align=\"center\"><strong>Pre-Closure Charges<\/strong><\/p>\n<\/td>\n<td>\n<p align=\"center\">0 % to 4 % of outstanding loan amount<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p align=\"left\">\n<h2 class=\"style1\" align=\"left\"><strong>What is the Eligibility Criteria for a Car Loan in Palakkad?<\/strong><\/h2>\n<ol>\n<li>First of all the borrower must be an Indian resident<\/li>\n<li>After that minimum Income of Rs 15,000 per month<\/li>\n<li>Besides, that minimum 1-year Residential stability is mandatory<\/li>\n<li>Minimum 21 years of age is mandatory<\/li>\n<li>Minimum 1 year of employment stability is a must<\/li>\n<li><\/li>\n<\/ol>\n<h2 class=\"style1\"><strong>What documents are required to apply for a Car Loan in Palakkad?<\/strong><\/h2>\n<p>When you apply for a Car Loan, these are the documents which are commonly required, so keep them handy.<\/p>\n<ol>\n<li><strong>Income proof<\/strong>:\u00a0 Need to submit your salary slips for the last three months and the statements of your bank account for last six months. For self-employed people, the requirement is to submit the audited bank account statements for last six months.<\/li>\n<li>Employment Proof: Need to submit a copy of the appointment letter and a certificate of employment issued by your company. For self-employed individuals, the partnership deed or business establishment documents need to be submitted.<\/li>\n<li><strong>Tax Proof<\/strong>: Need to submit the IT return or Form 16 documents for the last two years.<\/li>\n<li><strong>Address Proof<\/strong>: Any government sanctioned KYC document can be submitted as proof of residence.<\/li>\n<li><strong>Age Proof<\/strong>: Any government sanctioned KYC document can be submitted as proof of age.<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<h2 class=\"style1\"><strong>Factors that affect Car Loan Interest rates in Palakkad<\/strong><\/h2>\n<ol>\n<li><strong>Credit history: <\/strong>The interest rate depends on the credit history you have built in past years, the high cibil score will not only help you in getting a loan but will also empower you with a strong bargaining power.<\/li>\n<li><strong>Income level<\/strong>: Higher the income better are the chances for the approval of higher loan amount.<\/li>\n<li><strong>Amount of down payment<\/strong>: Higher the down payment made lesser will be the amount that the bank will have to lend you. As a result, the bank\u2019s risk will go down. Also, it shows that your financial position is sound. You may get loan at a lower interest rate from the bank.<\/li>\n<li><strong>Tenure of the loan: <\/strong>Car loan is generally available for tenure of up to 7 years. \u00a0 It is generally seen that banks charge a higher interest rate for a loan of the shorter time period and vice versa. Longer tenors will enhance repayment capacity.<\/li>\n<li><strong>Car model and age: <\/strong>It is necessary for the bank to consider the car model in deciding the interest rate as on sale every model may not fetch the expected price. New cars are more easily financed than used cars; a high-end model will be expensive which means the borrower has to be able to pay the required down payment.<\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n<h2 align=\"justify\"><span class=\"style1\"><strong>A Little About Palakkad<\/strong>:<\/span><\/h2>\n<p align=\"justify\">\n<p align=\"justify\">Palakkad, also known as Palghat, is a city and municipality in the state of Kerala in southern India, spread over an area of 26.60 km\u00b2 and is the administrative headquarters of the Palakkad District.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Car Loan Palakkad @ Apply Now &amp; Get Instant Approval &nbsp; Get Me The Best Offer &nbsp; Car Loan Palakkad Upgrade your four wheeler now and buy a new car easily with the help of Magicloans and avail the best offers on car Loan at Lowest Interest rates and easy Disbursal and lot more. Grab&hellip;&nbsp;<a href=\"https:\/\/magicloans.in\/car-loan-palakkad\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Car Loan Palakkad<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/1330"}],"collection":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/comments?post=1330"}],"version-history":[{"count":0,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/posts\/1330\/revisions"}],"wp:attachment":[{"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/media?parent=1330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/categories?post=1330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/magicloans.in\/wp-json\/wp\/v2\/tags?post=1330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}