Best Banks for Car Loan in Agra
Feature | HDFC Bank | Private Bank |
Kotak Mahindra Bank
|
Interest Rate (p.a.) | 7.35 % - 7.95 % | 8.5 % - 9.5 % | 11 % |
Min Loan Amt | Metro : 1 Lac & Non Metro: 75000 | 75000 | 75000 |
Max Loan Amt | 1 Cr | 1 Cr | 1 Cr |
Loan Tenure | Upto 7 Years | Upto 5 Years | Upto 5 Years |
Processing Fee | 1999 - 4999 + Tax | 0.25% to 1.50% | 0.25% to 1.50% |
Preclosure Chgs | 2%, Nil after 24 months | 2%, Nil after 36 months | Nil |
Loan to Value (LTV) | Upto 100% on Ex- showroom | Upto 95% on Ex- showroom |
Upto 90% on Ex- showroom
|
⍟ Loan Approval in 30 Minutes A car loan is an amount of cash a client borrows from financial institutions like banks to purchase their dream car. The loan amount is maybe up to 85% of the total cost of your dream car based totally on Ex-Showroom or On Road price. The interest rate of the loan amount will range from bank to bank. The credit sum can be reimbursed in portions. Car loans in Agra often offer a fixed rate of interest options. This means you are always assured of a fixed amount that needs to be repaid monthly. Car loans are not meant for just new cars. A used car credit can assist you to buy a pre-owned car. Now Apply For Car Loan at Dialabank. The car loan eligibility requirements are as follows in Agra:
7.35% per annum Documents required for car loan are as follows: The interest rates on vehicle loans offered by different lenders in Agra may vary, but they are all reasonable and competitive. If you want to get a car loan in Agra with the lowest interest rate, follow the steps below: Apply for a Car Loan Now Many big banks and NBFCs, including as HDFC, Private, and SBI, offer vehicle loans in Agra. The finest lender is one that can provide you with the loan amount you need at a reasonable interest rate and can distribute the funds as quickly as feasible. It is always a good idea to compare vehicle loans from many lenders before applying for one that meets all of your needs, such as interest rates. TABLE WILL APPEAR CIBIL is a credit information company, You can check your CIBIL report to verify your standing in terms of credit score. A score of 750 or more can get you a low-interest rate. However, the interest rate for a score of 650 to 750 will be slightly higher which may provide a high-interest rate. If you have defaulted in your CIBIL report, or have a very low score, your application may be rejected. The CIBIL score is based on your pay records across investments and credit cards. Customers can contact us at 9878981166 to get exclusive car loan deals right from your home or can apply on our website Dialabank. Agra, a city rich in history, is situated in the northern state of Uttar Pradesh in India. The city is well-known for Mughal-era architectural buildings and memorials. Due to the presence of the Taj Mahal, Agra draws a huge crowd from around the world, generating good revenue for the tourism industry. Jewelry, garments, marble inlay, and carpets are famous trade products of the city. As a city in developing India, there has been an increase in the demand for the number of automobiles in the country. Agra is a major road and rail junction and a commercial and industrial center known for its leather goods, cut stone, and handwoven carpets. The city is the seat of Dr. B.R. Ambedkar University founded in 1927. Special Note: Banks do not provide Car Loans to bad credit holders, but one can fulfill their money requirement with Gold Loan easily. You can do it if you have plenty of cash in hand but you don’t want to let go of all the emergency funds you have. Applying for a loan would be a better choice Dialabank does not Provide you with a Car Loan, but it does provide you with the best options for you to avail yourself of a car loan by providing unbiased advice to all the customers. If you have a stable financial condition and a good credit score, then availing of a car loan is certainly going to be fruitful and will help you get your dream car.
Car Loan Agra Features
⍟ Lowest Rate of Interest
⍟ Up to 100% on Road Loan
⍟ Minimum Documentation
⍟ Paperless Process
⍟ Flexible Repayment
⍟ Zero Foreclosure
⍟ 24 x 7 Online Payment Facility
⍟ No Hidden Charges
Car Loan Agra Eligibility Criteria
Salaried Individual
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
Minimum ITR – Rs.2 lakh
Employment Duration – Minimum 3 years
Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh
Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarters
Car Loan Agra EMI Calculator
Car Loan Agra Fees & Charges
Charges
New Car Loan
Used Car Loan
Interest Rate
11.80% p.a. to 13.80% p.a.
Car loan Processing fees
0.5%
0.5%
Issuance of Duplicate Repayment Schedule Charges
Around Rs.500
Around Rs.500
Foreclosure Charges
0.06
0.06
Penal Interest
2% PM
2% PM
Car loan Part Payment charges
6% of the amount
6% of the amount
Cheque/Instrument Swap Charge
Around Rs.500
Around Rs.500
Documentation Charge
Around Rs. 500
Around Rs. 500
Issuance of Duplicate No Dues Certificate Charges
Around Rs. 500
Around Rs. 500
Registration Certification Collection Charge
Around Rs. 200
Around Rs. 200
Cheque Bounce/Instrument Return Charges
Around Rs. 500
Around Rs. 500
Issuance of Duplicate Statement Charges
Around Rs. 500
Around Rs. 500
Loan Cancellation/Re-booking Charges
Around Rs. 1000
Around Rs. 1000
Issuance of Credit Report
Around Rs. 50
Around Rs. 50
Car Loan Agra Fees and Charges : Leading Banks – Nov 10 2024
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
IIFL Car Loan
Nil
Nil
Muthoot Car Loan
Nil
Nil
Manappauram Car Loan
Nil
Nil
PNB Car Loan
0.70% to 1%
Nil
Canara Bank Car Loan
0.01
Nil
Andhra Bank Car Loan
Nil
Nil
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Car Loan Agra Documents Required
Salaried Individual
Category
Identity Proof (Any 1)
Passport
Voter ID
Aadhar Card
Driving License
Address Proof (Any 1)
Aadhar Card
PAN
Driving License
Electricity Bill
Date of Birth Proof(Any 1)
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
Bankers Verification
Passport
Income Proof
Bank Statement
Employment Continuity Proof
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment
Self-Employed Individuals
Category
Identity Proof (Any 1)
PAN Card
Passport
Voter ID
Aadhar Card
Address Proof (Any 1)
PAN Card
Voter ID
Passport
Electricity Bill
Date of Birth Proof (Any 1)
Birth Certificate
Passport
Driving Licence
PAN
Signature Proof (Any 1)
Bankers Verification
Passport
Bank Statement
Employment Continuity Proof
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Self-Employed Non-Individuals:
1. Partnership Firms/Societies
Category
Identity Proof (Any 1)
Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Aadhar Card
Driving License
Voter ID
Income Proof
P&L Account
ITR for the previous 2 years
Bank Statement
Last 6 month
Business Continuity Proof
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
2. Private Limited/Limited Companies
Category
Identity Proof
Copy of Incorporation
Address Proof (Any 1)
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
P&L Account and ITR for the previous 2 years
Bank Statement
Previous 6 Months
Business Continuity Proof
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.
How to Get the Best Car Loan Interest Rates in Agra
How to Apply for Car Loan in Agra?
Which Bank in Agra Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Agra
Processing Fees / Prepayment Charges on Car Loan in Agra
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan Agra
Car Loan Agra Contact Number
Pre Calculated EMI Table for Car Loan Agra
Rate
5 Yrs
4 Yrs
3 Yrs
10.50%
2149
2560
3250
11.00%
2174
2584
3273
11.50%
2199
2608
3297
12.00%
2224
2633
3321
12.50%
2249
2658
3345
13.00%
2275
2682
3369
13.50%
2300
2707
3393
14.00%
2326
2732
3417
14.50%
2352
2757
3442
15.00%
2378
2783
3466
About Agra
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FAQs about Car Loan Agra Car Loan
✅ Should I Pay Full For a Vehicle in Agra?
✅ Does Dialabank Provides Car Loan in Agra?
✅ Is a Car Loan a Good Choice?