Car Loan Bahadurpur

Best Banks for Car Loan in Bahadurpur

Car Loan Bahadurpur Features

⍟ Loan Approval in 30 Minutes
⍟ 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

Nowadays most people travel for many things, so having a car is very important. It saves you valuable time as well as you can reach your destination with comfort. We at Dialabank Finacial services help our customers to compare, analyze and choose the best possible loan. Just apply for your car loan through Dialabank. If your CIBIL score 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 you with car loans. You can get the loan amount for the Ex-showroom price and also if met with all the criteria you might get a loan for an on-road price also.

Car Loan Bahadurpur

Car Loan Bahadurpur Eligibility Criteria

The car loan eligibility requirements are as follows in Bahadurpur:

Salaried Individual	Age – 21 years to 60 years Net Monthly Income – Minimum ₹ 20,000 Employment Duration – 1-year minimum Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals	Age – 21-65 years of age 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)	Minimum ITR – Rs. 2 lakh Employment Duration – 3 years minimum The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers	At least 6-month vintage 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 Bahadurpur EMI Calculator

Car Loan Bahadurpur Fees & Charges

Charges	New Car Loan	Used Car Loan
Interest Rate	7.35% per annum	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 Bahadurpur Fees and Charges : Leading Banks – Apr 28 2025

Bank	Processing Fee	Prepayment Charges
HDFC Bank Car Loan	(1999 - 4999) + Tax	2%, Nil foreclosure charges after 24 months
Axis Bank Car Loan	1 % to 2.50%	Nil
Private Bank Car Loan	0.25% to 1.50%	2%, Nil foreclosure charges after 36 months
SBI Car Loan	500/- to 0.50%	Nil
Kotak Car Loan	1% to 2%	2.25% of fore closure amount if closed 1 month ahead of the tenure.
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 Bahadurpur Documents Required

Documents needed for a car loan are as follows:

Salaried Individual

Category	Documents Required
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)	Passport Birth Certificate High School Marksheet Driving Licence
Signature Proof(Any 1)	PAN Bankers Verification Passport
Income Proof	Salary Slip and latest Form No.16
Bank Statement	Last 6 month Bank statement
Employment Continuity Proof	Job card by NREGA ITR of Form no. 16 Salary Slip mentioned with joining date Letter of Appointment

Self-Employed Individuals

Category	Documents Required
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)	PAN Bankers Verification Passport
Bank Statement	Bank statement of last 6 months
Employment Continuity Proof	Latest ITRs Shop & Establishment Act Certificate Shop & Establishment Act Certificate Sales Tax or VAT Certificate
Business Proof	Registration Certificate Telephone Bill/Electricity Bill Shop & Establishment Act Certificate SSI or MSME Registration Certificate

Self-Employed Non-Individuals:

1. Partnership Firms/Societies

Category	Documents Required
Identity Proof (Any 1)	Driving Licence PAN Card Aadhar Card Passport
Address Proof (Any 1)	Electricity Bill/Telephone Bill Aadhar Card Driving License Voter ID
Income Proof	Audited Balance Sheet P&L Account ITR for the previous 2 years
Bank Statement	Last 6 month
Business Continuity Proof	Company ITR of the last 2 years Audited Balance Sheet TAX registration Certificate Current Account Statement
Additional documents	Letter of Authority or PAN Card

2. Private Limited/Limited Companies

Category	Documents Required
Identity Proof	The latest copy of MOA and AOA Copy of Incorporation
Address Proof (Any 1)	SSI/MSME Registration Certificate Telephone Bill Electricity Bill Shop & Establishment Act Certificate Sales Tax Certificate
Income Proof	Audited Balance Sheet P&L Account and ITR for the previous 2 years
Bank Statement	Previous 6 Months
Business Continuity Proof	P&L account and ITR of the Company of the past 2 years Audited Balance Sheet Shop & Establishment Act Certificate
Additional documents	List of Shareholding partners and Directors Board Resolution PAN Card Certificate of Commencement of Business for Ltd. Co.

How to Get the Best Car Loan Interest Rates in Bahadurpur

The interest rates on vehicle loans offered by different lenders in Bahadurpur may vary, but they are all reasonable and competitive. If you want to get a car loan Bahadurpur with the lowest interest rate, follow the steps below:

Choose a shorter repayment term – Many car loan applicants believe that lengthier repayment terms are better because the monthly EMI (equated monthly instalment) is low. They don’t seem to be aware that in lenders’ view lengthier payback terms are an indication of a borrower’s low repayment capabilities, so they charge higher interest rates. So, if you want to save money on your car loan, you should consider a shorter payments period.
Research and compare the perks offered by different lenders – If you wish to get a decent deal on your auto loan, then you must first explore and compare the benefits that are offered by different lenders. This can help you figure out which lenders will have the best interest rates and, as a result, which lender to choose.
Maintain a modest debt-to-income ratio – The debt-to-income ratio measures how much of an applicant’s income goes towards their loan repayment, and lenders take this into account when giving you interest rates. If your debt-to-income ratio is low, then you have a better chance of getting a car loan with a lower interest rate.
Maintain a good credit score — Lenders will be pleased to offer you a car loan with low interest rates if you have a good credit score. Lenders consider a credit score of above 750 to be ideal and perfect. Many lenders may give auto loans to people with bad credit, but they will demand a higher interest rate in return. Check your credit scores regularly with Dialabank’s official “Free Credit Score” service to make sure you have a good credit score. This will allow you to take the necessary measures to enhance your credit score if it is low, and it will allow you to approach lenders with confidence if your credit score is good.

How to Apply for a Car Loan Bahadurpur?

Visit Dialabank website
Go to the loan section and select an auto loan followed by a car loan link.
Provide all the information asked as well as your phone number.
You will receive a phone call from our experts, and they will guide you further.

Which Bank in Bahadurpur Offers the Best Car Loans?

Many big banks and NBFCs, including HDFC, Private, and SBI, offer car loans Bahadurpur. Choose the lender that provides you with your required loan amount at a reasonable interest rate. Make sure they can also disburse the funds quickly. It is advisable if you can check and research all the banks giving car loans to choose what’s best for you.

Car Loan for Major Car Manufacturers in Bahadurpur

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Bahadurpur

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
Prepayment Charges	>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 in Bahadurpur

Many people travel daily for many reasons. As travelling became a necessity, having your own car is very important. A car is comfortable than public transport as well as it saves valuable time. Now the days of saving and waiting to buy a car are over. We at Dialabank help people to compare, analyze and choose the best possible loan that meets all their requirements.

Every financial institution has its criteria for CIBIL score required for processing the Car Loan application in Bahadurpur 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 since it is considered healthy and ideal. Also having a good CIBIL score helps you get these loans at a lower rate of interest.

The institutions don’t just look at the overall score but they also look at the detailed behaviour on the previous loans taken. This includes details on the type of loan taken and the amount borrowed for it. Any delayed payments for the previous loans can act as a barrier to your availing of a fresh loan.

Car Loan Bahadurpur Contact Number

You can get a car loan Bahadurpur easily from Dialabank by contacting the number 9878981166.

Pre Calculated EMI Table for Car Loan Bahadurpur

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 Bahadurpur

Bahadurpur is a village, in the Jamuria CD block in the Asansol subdivision of the Paschim Bardhaman district in West Bengal, India.

According to the 2011 Census of India, Bahadurpur had a total population of 2,514.

Car Loan Banks in Bahadurpur

Bank Name	Bank Address	IFSC Code
HDFC BANK	BAHADURPUR BARETA ROADNR.MAIN BAHADURPUR BARETA CROSSINGVILLAGE BAHADURPUR,	HDFC0001458
STATE BANK OF INDIA	DIST.MURSHIDABADSTATE.WEST.BENGALPIN.741246.	SBIN0008855
UNION BANK OF INDIA	AT POST BAHADURPUR VIA JAINAMORE DIST. BOKARO JHARKHAND PIN 829301.	UBIN0543331

FAQ’s About Bahadurpur Car Loan

✅ What are my options for repaying my auto loan?

You may pay back the loan using Standing Instruction (SI), Electronic Clearing Service (ECS), and Post-Dated Cheques are three options for repaying your loan (PDCs). It is normally advised that you repay your loan using the first two options because they are faster and have a lower risk of error, which is not the case with PDCs.

✅ Do I need a guarantor when applying for a car loan?

A guarantor is required only when your income falls below the bare required minimum.

✅ Where can I get an EMI interest car loan calculator?

You can use the EMI calculator on the official Dialabank website or the one from your lending bank. To calculate the EMIs, enter various possible interest rates that can be offered to you. You can obtain the interest rate when you fill out an application for a loan, which will require you to provide basic information such as your salary, company, and work experience, depending on which possible interest rates will be presented.