Baroda UP Gramin Bank NRI Car Loan
With times having a car and Car loan has become common, you can many options available for a car loan with less interest rate. Other than car loans, even an NRI car loan has seen a demand in recent times. The main reason for this increase in demand can be – due to the high buying of cars and due to the increase in the frequency of visits to India. This loan can be approved for both salaried employees and self-earned individuals. In recent times most common countries for applying NRI cars are Uk, Malaysia, Singapore and the US and some west Asian countries to get approval for NRI car loans.
Today we will be discussing Baroda UP Gramin Bank NRI Car Loan in detail.
Baroda UP Gramin Bank NRI Car loan Interest Rates
Baroda UP Gramin Bank NRI Car loan Features
Features of Baroda UP Gramin Bank NRI Car Loan are –
- Loan to value ratio – LTV ratio is 80-100% of ex-showroom price.
- Loan tenure – NRI car loan tenure is 5 years to 7 years.
- Interest rate – The interest rate for an NRI car loan at Baroda UP Gramin Bank is the same as the interest rate for a car loan.
- Loan Amount – The maximum loan amount approved by the bank varies.
- Repayment: Repayment methods available for NRI car loans are through remittance through banking/remittance received from a place outside India / non-resident external accounts and also throughout of income earned from a property in India.
Baroda UP Gramin Bank NRI Car loan Eligibility
Baroda UP Gramin Bank NRI Car loan Documents required
Apply for Baroda UP Gramin Bank NRI Car Loan with Dialabank
Dialabank is one of the best finance helplines because –
- We are India’s first financial helpline with great experience in financial services.
- If you wish to compare for an NRI car loan we have detailed information which you can get with one click.
- We listen to our borrower’s needs and provide options accordingly.
- To make the documentation process smooth and to save your time we provide a doorstep pickup facility.
FAQs on Baroda UP Gramin Bank NRI Car Loan
✅ In what range will be the interest rate for the NRI car loan at Baroda UP Gramin Bank?
The interest rate for the NRI car loan at Baroda UP Gramin Bank is starting from 6.5% and can go up to 20%.
✅ Do we have an NRI car loan option for a used car?
NRI car loan at Baroda UP Gramin Bank is available for a used car as well as new.
✅ What is the minimum loan tenure for Baroda UP Gramin Bank NRI Car Loan?
The minimum loan tenure for Baroda UP Gramin Bank NRI Car Loan is 12 months.