Best Banks for Car Loan in Akot
Car Loan Akot Features
Apply for a car loan
Nowadays everyone wishes to own a car to make life easier. But not everyone has the needed financial condition. Are you coping with this trouble? Don’t worry. We Dialabank financial services help consumers to compare, analyze, and pick the best loans possible.
We provide car loans starts at a reasonable rate of interest to both self-employed as well as salaried individuals. We provide car loans whether the car is new or used.
Some of the key features of car loan in Akot are the following:
- Easy monthly repayment choices are accessible for you.
- Instantly car loan available
- Loan Tenure duration ranges from 1-7 years.
- There is a provision of an affordable interest rate offers to fulfill your wishes.
- There are no hidden or additional charges.
Car Loan Akot Interest Rates
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 Akot Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
- Proof of Self: Passport copy, PAN Card, Voters ID card, Driving License
- Salary Proof: Latest 3-month salary slip with form 16
- One Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed Individuals:
- Name Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Earning Proof: Latest ITR
- Accommodation Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Akot Eligibility Criteria
The car loan eligibility requirements are as followed:
For Salaried Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in recent employment and a minimum of 2 years of employment
- Minimum Annual Income: Rs.100000 net annual income
For Self-Employed Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: At least 3 years in business
- Minimum Annual Income: Net profit Rs. 60000 per annum for standard cars and for mid-sized and premium cars of Rs.100000 per annum
Car Loan for Major Car Manufacturers in Akot
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Car Loan in Akot
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 Akot
CIBIL score reflects your credit history in the past and your defaults in the refund of your previous loans. A good credit score is taken into consideration as 750 and above by most of the financial foundations ask for a high credit score. Every bank and NBFC has different criteria for a minimum CIBIL score they require to process your Car Loan Akot. A Lower CIBIL score than 750 can afford a bit of a higher rate of interest.
A very low CIBIL score can lead to refusal of your loan as it is the first thing a bank tracks before processing your car loan. Your record of previous loans is taken into consideration for a Car Loan Akot. If there are any late payments for previous loans, it will create an obstacle for availing of a fresh loan.
Car Loan Akot Agent Contact Number
Apply at Dialabank on the online portal and avail the best offers on a car loan with approval quickly and extra benefits or you can make a missed call on this number for any queries about the car loan in Akot 9878981166.
Our customer care representative offers you guidance and assistance to solve your queries about the car loan.
Pre Calculated EMI Table for Car Loan Akot
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
Car Loan EMI Calculator Akot
About Akot
Akot is a town in the Vidarbha region and a municipal council in Akola district in Maharashtra state, India. According to the 2011 census, it had a population of 92, 637.
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