Best Banks for Car Loan in Ajitwal
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
|
Car Loan Ajitwal Features
Everybody dreams about having a car to make life easier. But due to financial problems, everyone cannot just go and buy the car they want. The car loan is the best option for you. We Dialabank financial services help customers to compare, analyze, and choose the best loan possible. Just apply for the car loan through dialabank. If your CIBIL is good then you will get a good rate of interest and also you will get high tenure for loan repayment.
All the banks and NBFCs are ready to provide car loans. you can get the loan amount for the Ex-showroom price and also, if required you will get a loan for on-road price also.
Car Loan Ajitwal Interest Rate
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 Ajitwal Documents Required
Documents required for car loan are as followed:
For Salaried Employee
- Identity Proof: Documents such as your passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: The latest 3-month salary slip with form 16
- Address Proof: Anything among your Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statements: for the last 6 months.
For Self Employed
- Identity Proof: Documents such as your passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: The latest ITR proof
- Address Proof: Anything among your Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statements: for the last 6 months.
Car Loan Ajitwal Eligibility Criteria
The car loan eligibility requirements are as followed:
For Salaried Employee
- Minimum age: 21 years for a salaried individual
- Maximum age at loan maturity: 60 and 65 years respectively
- Minimum employment: 1 year in current employment and a minimum of 2 years of total employment
- Minimum Annual Income: Rs 100000 net annual income
For Self Employed
- Minimum age: individual and 30 years in case of a self-employed
- Maximum age at loan maturity: 60 and 65 years respectively individuals
- Minimum employment: At least 3 years in business
- Minimum Annual Income: The net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
Car Loan for Major Car Manufacturers in Ajitwal
TABLE WILL APPEARProcessing Fees & Prepayment Charges on Car Loan Ajitwal
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 in Ajitwal
Every financial institution has its criteria for the CIBIL score required for processing the Car Loan application in Ajitwal so that they can minimize the risk of lending to the customer. Most institutions require a minimum score of CIBIL of 750 or above to process your loan application. Also having a good CIBIL score helps to loans at a cheaper rate of interest.
The institutions don’t just look at the overall score but also the detailed behavior on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a fresh loan.
Car Loan Ajitwal Contact Number
You can get a car loan Ajitwal easily from dialabank by contacting the number 9878981166. Or you can also visit us at Dialabank.
Pre Calculated EMI Table for Car Loan Ajitwal
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 Ajitwal
Ajitwal is a village, situated on the National Highway no. 95 (Ferozepur – Ludhiana road), in the tehsil and district of Moga in Eastern Punjab (India). It is 16 km away from Moga and 14 km away from Jagraon.
Special Note: Banks do not provide Car Loans to bad credit holders, but one can fulfill their money requirement with Gold Loan easily.
Car Loan EMI Calculator
Car loan EMI can be calculated by the Car loan EMI Calculator provided by Dialabank. It is free to use and you can use it an infinite number of times. Equated Monthly Installments(EMI) is the monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed.
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