Car Loan Bhagalpur

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Best Banks for Car Loan in Bhagalpur

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 Bhagalpur Features

If purchasing a car is your dream and you require funds for it, then you have got to the right place. We provide you with the best in market Interest rates and aid you check your Eligibility.

Get the best Car Loan with easy paperwork/ documentation and the Lowest EMIs.

What are some car loan Bhagalpur features?

Car Loan Bhagalpur aims to provide financial assistance at affordable and best-in-market interest rates to its customers. In short, we help you fulfill your dream by helping out.

Car Loan Bhagalpur Interest Rates

Apply for a Car Loan

Car loan interest rates change every time, again and again, so it’s important to monitor them. Your loan’s interest rate impacts the amount you’re going to pay for the month to month. Furthermore, a lower car loan interest rates can mean a huge number of rupees in savings. Our rate table can assist you in realizing the best ideal opportunity to purchase a vehicle.

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 Bhagalpur Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

Identity Proof: Passport copy, PAN Card, or Driving License, Electoral Photo ID card can be utilized as a proof of identity.
Income Proof: The last quarter or last two quarter’s salary slip with Income Tax Return.
Residence Proof: Driving License, Electoral Photo ID Card, PAN Card, and Life Insurance Policy are approved address proofs.
A Bank Statement of the last 6 months/ half-year is necessary.

For Self-Employed Individuals

Identity Proof: Passport copy, PAN Card, or Driving License, Electoral Photo ID card can be utilized as a proof of identity.
Income Proof: Income Tax Return.
Residence Proof: Driving License, Electoral Photo ID Card, PAN Card, and Life Insurance Policy are approved address proofs.
A Bank Statement of the last 6 months/ half-year is necessary.

Car Loan Bhagalpur Eligibility Criteria

The car loan eligibility criteria requirements are as followed in Bhagalpur:

For Salaried individuals:

Firstly, the minimum age of the applicant should be not less than 21 years.
Further, the maximum age should be 65 for loan maturity.
Minimum employment: At least 1 year in current employment and a minimum of 2 years of employment.
Minimum Annual Income: It should be Rs 1,00,000 net annual income.
The contact number is required.

For Self Employed individuals:

Firstly, the minimum age of the applicant should be 30 years or above.
The maximum age should be 60 at loan maturity.
In this, minimum employment should be at least 2 years in business
Furthermore, the minimum annual income should be Rs. 60000 per annum for standard cars and Rs.100000 p.a. for mid-sized and premium cars.

Note:

In Partnership Firms, the minimum annual income should be Rs. 60000 per annum for standard cars and Rs.100000 p.a. for mid-sized and premium cars. Otherwise, the minimum turnover should be not less than Rs. 4,50,000.
In Private Limited Companies, the minimum income should be as the partnership firms, while the minimum turnover should not precede Rs 4,50,000.
In Public Limited Company, the minimum income should be as Private limited companies, while the minimum turnover should also be as 4,50,000.

How to Apply for Car Loan in Bhagalpur?

Apply for a Car Loan

Visit the Dialabank website or click on the Car Loan option here.
Click on the loan section and choose an auto loan followed by the Car loan link.
Provide all your data, including your phone number.
You will receive a phone call from our experts, and they will guide you further.

Car Loan for major car manufacturers in Bhagalpur

TABLE WILL APPEAR

Processing Fees/Prepayment Charges on Car Loan in Bhagalpur

Check here for the processing Fees and Prepayment charges on a car loan.

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 Bhagalpur

Apply for a Car Loan

CIBIL score plays a key role while getting the loan. if your Cibil score is between 750-900. then you will get the quick loan approvals. if the Cibil score is less than 700 then your application will be pending. so, check your Cibil score before you apply for the loan. if you pay your EMIs in time then your Cibil score will be increased. if you do not repay Your EMI your Cibil score will be reduced. the applicant has to pay monthly EMIs according to there schedule of the bank.

Click here for Bank of Baroda car loan

Car Loan Bhagalpur Contact Number

For instant help and any more queries, you can call 9878981166.

Pre Calculated EMI Table for Car Loan Bhagalpur

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