| Type Of Loan | Time Period from the 1st EMI | Foreclosure charges |
|---|---|---|
| New Car Loan |
within 1 year |
4 % of POS
|
|
within 13-24 months |
3% of POS
|
|
|
post 24 months |
Zero ForEclosure |
| Fees and Charges of Car Loan | |
|---|---|
|
Stamp Duty
|
At actuals |
|
Late Payment Penalty
|
2% per month |
|
Processing fees
|
|
|
Cheque swapping charges |
NIL |
| Loan cancellation / re-booking charges | In the event of cancellation, interest charges from disbursement date till refund of disbursement amount will be borne by the customer |
| Duplicate Repayment Schedule charges | NIL |
| Legal, Repossession & Incidental charges | At Actuals |
| Duplicate no due certificate / NOC | NIL |
| CIBIL Charges (only on request) | Rs. 50/- |
| Loan Reschedulement charges | Rs. 1000/- |
| Special NOC | NIL |
Apply for Your Car Loan with Dialabank
To know more about the rate of interest on car loan click here: Car Loan Interest Rate
There are many leading banks of the country providing finance for cars, like Private Bank Car Loan, Axis Bank Car Loan, HDFC Bank Car Loan, etc.
