Best Banks for Car Loan in Anjar
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 Anjar Features
Are you searching for a car loan? If yes, then you no longer need to wait as we at Dialabank bring you amazing offers for a car loan in Anjar. We provide the lowest rate of interest for car loans Anjar, which you won’t find anywhere else.
We offer Car loans for both working sectors from Self-employed to salaried people. Dialabank offers you the car loans on new as well as used cars.
To fulfill your dream of having your own car, a car loan is a financial help provided by banks and NBFC’s. Necessary financing for buying a car which can be on Ex-Showroom Price or On-Road Price of the car is provided by them. With easy repayment options, a Car Loan is a secured loan. The loan amount is offered from bank to bank where interest charges may vary. In easy installments one can pay for the vehicle.
Car Loan Anjar Interest Rates
Feature |
HDFC Bank |
Private Bank |
Kotak Mahindra Bank |
Interest Rate |
8% - 8.4 % |
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 |
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Car Loan Anjar Documents Required
A person should review the Documents required for car loan before making a decision.
For Salaried Individuals:
- Proof of Identity: Passport copy, Voters ID card,PAN Card, Driving License
- Income Proof: form 16 with latest 3-month salary slip
- Residence Proof: Ration card / Voters card / Passport Copy / Driving license / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed Individuals:
- Identification Proof: Voters ID card, Passport copy, PAN Card, Driving License
- Income Proof: Latest ITR
- Address Proof: Driving license / Voters card / Telephone Bill / Electricity Bill / Ration card/ Passport Copy / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Anjar Eligibility Criteria
To obtain the loan amount, a person must meet the Eligibility criteria for car loan.
For Salaried Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: a minimum of 2 years of employment experience and 1 year in current 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.100000 per annum for mid-sized and premium cars and Rs. 60000 per annum for standard cars
Car Loan for Major Car Manufacturers in Anjar
TABLE WILL APPEAR
Processing Fees/ Prepayment Charges on Car Loan in Anjar
Category | Details |
Processing Charges |
1999 - 4999 + Tax
|
Prepayment |
No prepayment is allowed until 12 EMIs are paid
|
Preclosure |
No foreclosure is allowed until 12 EMIs are paid
|
Prepayment Charges
|
13-24 months: 2% of loan principal outstanding
|
>36 months: Nil Charges
|
|
Stamp Duty |
As per state laws
|
Cheque Bounce Chgs |
₹ 550/chq + GST
|
Floating Rate of Interest | Not Applicable |
Overdue EMI Interest |
2% p.m.(on overdue amount)
|
Amortisation Schedule Chgs | Rs 200 + GST |
CIBIL Score Required for Car Loan Anjar
A CIBIL score of 750 and above is considered to be very good and it attracts a lower interest rate for car loans in Anjar. However, if you have a good income, a CIBIL score between 650 to 750 could be taken but a bit higher interest rate will be offered in that case. Your application might be refused, if you have defaulted in your CIBIL score which is very low.
A minimum CIBIL score of 750 is preffered by most foundations to give loans. The foundations along with the overall score also examine for the detailed behavior on the previous loans taken. This includes details on amount you have borrowed and the type of loan taken. Any late payments for previous loans can become an obstacle to your availing a fresh loan.
For more information on the score, check your CIBIL score in your credit report.
Car Loan Anjar Contact Number
Call us at 9878981166 to get on car loans in Anjar and exclusive offers on car loans.
Pre Calculated EMI Table for Car Loan Anjar
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 Anjar
About Anjar
Anjar is a town, a tehsil and a municipality in Kachchh district in the state of Gujarat, India.
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