Car Loan Barwala

Best Banks for Car Loan in Barwala

Car Loan Barwala 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

Car Loan Barwala

Car Loan Barwala Eligibility Criteria

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 Barwala EMI Calculator

Car Loan Barwala 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 Barwala Fees and Charges: Leading Banks – Apr 21 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 Barwala Documents Required

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 Barwala

The interest rates on vehicle loans offered by various lenders in Barwala may vary, but they are all usually great. If you want to get a Car Loan in Barwala with an ideal interest rate, follow the steps below:

Compare different lenders and their offers – Every lender offers various types of schemes and offers. Make sure you do thorough research before availing of the loan.
Maintain a good debt-to-income ratio – The debt-to-income ratio tells how much of an applicant’s income goes toward loan repayment, and lenders take this into account when setting interest rates. So a lower ratio helps you have a higher chance of getting a Car Loan with a decent interest rate.

How to Apply for a Car Loan in Barwala?

Availing of a Car Loan Barwala is a simple process with Dialabank. Few steps to be followed are:

Visit our website Dialabank.
Choose the Car Loan option.
Provide the details of the car and your income details.
Our relationship manager will soon call you on your cell number.
You can also inturn contact our relationship managers on 9878981166.

Which Bank in Barwala Offers the Best Car Loans?

Many big banks, including HDFC, Private, and SBI, offer vehicle loans in Barwala. The best lender is one that can provide you with the loan amount you need at an ideal interest rate and can hand out the funds as quickly as possible.

Car Loan for Major Car Manufacturers in Barwala

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Barwala

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 Barwala

A better credit score means good repayment history, which in turn makes your Car Loan application process smooth. Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Barwala. However, this score required differs from bank to bank.

Car Loan Barwala Contact Number

In case of any queries regarding the Car Loan Barwala, you may contact on the number 9878981166

Pre Calculated EMI Table for Car Loan Barwala

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 Barwala

Barwala is a town located in the Hisar district of the state of Haryana, India. For more information on a Car Loan Barwala, you can visit Dialabank.

Car Loan Banks in Barwala

Bank Name	Bank Address	IFSC Code
ANDHRA BANK	HSIIDC, INDUSTRIAL ESTATE, BARWALA, ALIPUR, PANCHKULA DIST, HARYANA	ANDB0002509
ANDHRA BANK	ANDHRA BANK, NEAR HP PETROL PUMP, NEAR SBI, MAIN ROAD, BARWALA, HISAR DIST, HARYANA, 125121	ANDB0003033
BANK OF BARODA	NEAR BUS STAND, PONTA SAHIB ROAD, VPO BARWLA, PANCHKULA, HARYANA 134 118	BARB0BARWAL
DENA BANK	DENA BANK, AT AND PO KHAS, TAL BARWALA, DIST AHMEDABAD, PIN 382255	BKDN0111357
DENA BANK	MEGHANI CHOWK, BARWALA GHELASHAH, BARWALA, GUJARAT 382450	BKDN0120158
DENA BANK	DENA BANK, ROJID BRANCH, SHUKLA SHERI AT AND POST.ROJID, TA BARWALA, DIST. AHMEDABAD PIN 382450	BKDN0121521
CENTRAL BANK OF INDIA	AT & POST BARWALA, DIST- PANCHKULA, HARYANA-134118	CBIN0281058
HDFC BANK	HDFC BANK LTD MAIN MARKET, V.P.O.BARWALA	HDFC0001735
HDFC BANK	HDFC BANK LTD HISAR CHANDIGARH ROAD BARWALA	HDFC0002175
IDBI BANK	NEAR BUS STAND,ANAJ MANDI ROAD,BARWALA	IBKL0002079
Private BANK LIMITED	7521 WARD NO 1 OPP VETERINARY HOSPITAL CHANDIGARH ROAD BARWALA DISTRICT HISAR HARYANA 125121	ICIC0003590
Private BANK LIMITED	Private BANK LTD MAIN MARKET DERABASSI BARWALA ROAD BARWALA PANCHKULA PIN 134118	ICIC0003967
Private BANK LIMITED	KHASRA NO 83 9 2 6 15 VILLAGE SARSANA POST PANIHARI VILLAGE SARSANA 125121	ICIC0004055
Private BANK LIMITED	KHASRA NO 705 AGROHA BARWALA ROAD VILLAGE KIRORI DISTT HISAR HARYANA 125112	ICIC0004056
INDUSIND BANK	SHOP NO.1, GROUND FLOOR, BANSAL COMPLEX, MAIN ROAD, BARWALA-134119, DISTRICT PANCHKULA, HARYANA	INDB0000344
INDIAN OVERSEAS BANK	DERABASI ROAD, MAIN BAZAAR, BARWALA DIST.PANCHKULA, HARYANA	IOBA0003532
BANK OF MAHARASHTRA	NEAR BSNL EXCHANGE, BARWALA, DIST. PANCHKULA, HARYANA. PIN-134118	MAHB0001491
STATE BANK OF INDIA	DIST HISSAR, HARYANA 134118	SBIN0007604
STATE BANK OF INDIA	DAULATPUR CHOWK WARD NO 3 BHARWALA 126010	SBIN0050603
STATE BANK OF INDIA	JAI MATA NURSING SCHOOL COLLEGE COMPLEXVPO BANBHORI TEHSIL BARWALA DISTTHISSARHARYANAPIN 125122	SBIN0051048
STATE BANK OF INDIA	CHANDIGARH NARAINGARH NYE PASS ROADVPO BARWALADISTT PANCHKULAHARYANA 134118	SBIN0051222
STATE BANK OF INDIA	KANSARA STREET, SWAMINARAYAN TEMPLE BLDG BARWALA 382450	SBIN0060176
SYNDICATE BANK	MAIN BAZAR RAIPUR RANI ROAD BARWALA PANCHKULA HARYANA INDIA 134118	SYNB0008188
SYNDICATE BANK	SYNDICATE BANK, BARWALA BRANCH PLOT 4, TP COLONY DISTRICT HISSAR HISSAR HARYANA INDIA 125121	SYNB0009686
UNION BANK OF INDIA	WARD NO 4 NEAR VETERINARY HOSPITAL TOHANA ROAD BARWALA HARYANA 125121	UBIN0562882
UCO BANK	BHAGAT SINGH CHOWK, WARD NO-11, BARWALA, DISTT HISSAR	UCBA0003213
AXIS BANK	RANA COMPLEX,KHEWAT NO. 15, KHATAUNI NO. 21, KHASRA NO. 47151(7-2), HADBAST NO. 247, VILLAGE BATOUR, PO BARWALA, DIST. PANCHKULA, HARYANA,PIN 134118	UTIB0001916
AXIS BANK	GROUND FLOOR, KHEWAT NO. 288, KHATAUNI NO. 381, KHASRA NO. 8110 (6-16), VILL BADHAWAR, TEHSIL BARWALA, DISTT. HISAR, HARYANA, PIN- 122121	UTIB0002276
AXIS BANK	BAY NO. 39-40, SECTOR – 2, PANCHKULA-134109 HARYANA	UTIB0SPKL01

FAQ’s About Barwala Car Loan

✅ Which car can I get with a Car Loan Barwala?

Car loan Barwala can be used to buy any type of car, including SUVs, MUVs, etc. You can also get a Car Loan to get a vehicle for professional needs.

✅ What methods do I have for repaying my auto loan?

Standing Instruction, Electronic Clearing Service, and Post-Dated Cheques are some methods for repaying your Car Loan.

✅ Where can I get an interest calculator?

You can use the EMI calculator available on the Dialabank website. The interest rate can be received by filling out an application for a loan, which will need you to provide some information, depending on which interest rates will be given.