Best Banks for Car Loan in Bhachau
Car Loan Bhachau Features
Nowadays, buying a car has become a dream for every person. Limited income does not allow a common man to buy his own car. A Car Loan is a convenient scheme that allows a person to buy a vehicle. Get easy funding to fulfill your dream car home.
Apply for a car loan
A car loan is a financial help offered by different banks and NBFC’s to buy a car. The banks provide the necessary funding for purchasing a car which can be on Ex-Showroom price or the On-Road price of the car. They offered the lowest interest rates and minimum document process. Features of Car Loan Bhachau are:
- Easy and comfortable EMIs offers
- Car Loan Bhachau Tenure period falls between 1-7 years
- Instantly loan available
- Affordable interest Rates
- No extra hidden charges
- Minimum Documentation
- Flexibility of payment
Car Loan Bhachau 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 Bhachau Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
- Recently clicked 2 passport size photographs
For Self Employed Individuals:
- Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest ITR
- Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
- Recently clicked 2 passport size photographs
Car Loan Bhachau 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 current employment and a minimum of 2 years of employment
- Minimum Annual Income: Rs.300000 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 annual income Rs. 3,60000 and Net profit Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars
Car Loan for Major Car Manufacturers in Bhachau
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Car Loan in Bhachau
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 Bhachau
One of the most important aspects considered while approving for a loan by the banks is the CIBIL score. CIBIL score signifies the individual’s credit behavior with regards to lending and repayment of the previous loans. Generally, a score above 750 is considered to be decent. This basic minimum varies from bank to bank.
Every bank and NBFC has different criteria for a minimum CIBIL score they require to process your Car Loan Bhachau. A Lower CIBIL score than 750 can attract a higher rate of interest.
The credit history of any applicant shouldn’t have any pending dues or debts to avoid any inconvenience in applying for a loan. Hence, it is advisable to check your credit score beforehand itself and rectify and correct the dues to ensure a smooth loan approval process.
Car Loan Bhachau Agent Contact Number
To avail instant car loans you can visit our website or call on 9878981166 to get personalized assistance. Our executives are well trained and will assist you in the best way possible in order to provide you with a deal most suited for you.
Pre Calculated EMI Table for Car Loan Bhachau
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 Bhachau
About Bhachau
Bhachau is a city and a municipality in the Kutch district in the state of Gujarat, India.
As per the 2011 census, it had a population of 39,532. Kathhad Dada is one of the historical places in Bhachau.
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