Best Banks for Car Loan in Boisar
Feature
HDFC Bank
Private 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
Car Loan Boisar Features
A car loan is a financial help provided by banks and NBFC’s to fulfill your dream of having your own car. They provide necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car. A car loan is a secured loan with easy repayment options. The loan amount is offered on Interest charges which vary from bank to bank. One can pay for the vehicle in easy installments.
Car Loan Boisar Interest Rate
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 Boisar Documents Required
Documents required for car loan are as followed:
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: For Salaried– Latest 3-month salary slip with form 16
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Boisar Eligibility Criteria
The car loan eligibility requirements are as followed:
SALARIED INDIVIDUALS
- 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.
- Least Annual Income: Rs 100000 net yearly pay.
SELF-EMPLOYED INDIVIDUALS
- Minimum age: 30 years
- Maximum age at loan maturity: 65 years
- Minimum employment: At least 2 years in business
- Minimum Annual Income: Net profit Rs. 60,000 Per Annum for standard cars and Rs.1,00,000 Per Annum for mid-sized and premium cars
How to Apply for Car Loan in Boisar?
- Apply online on dialabank.
- Go to the loan section on the page and click on the car loan link.
- The applicant will be directed to all the details of the car loan where they can choose their preferred city, according to their needs.
- For more information on car loans and free guidance, you may call on 9878981166.
Car Loan for Major Car Manufacturers in Boisar
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan Boisar
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 Boisar
Each monetary organization has its rules for the CIBIL score required for handling the Car Loan application in Nadiad so they can limit the danger of loaning to the client. Most organizations require a base score of CIBIL of 750 or above to handle your advance application. Likewise having a decent CIBIL score serves to advances at a less expensive pace of intrigue.
The establishments don’t simply take a gander at the general score yet additionally the point by point conduct on the past credits taken. This remembers subtleties for the sort of credit taken and the sum acquired. Any postponed installments for past credits can go about as an obstruction to your profiting a new advance.
Car Loan Boisar Contact Number
You can get a car loan in Boisar easily from dialabank by contacting the number 9878981166.
Pre Calculated EMI Table for Car Loan Boisar
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 Boisar
Boisar is the biggest mechanical suburb in the Mumbai Metropolitan Region in the Indian province of Maharashtra. It was initially an aspect of the Thane locale before turning into an aspect of the Palghar area.
Car Loan EMI Calculator
Vehicle advance EMI can be dictated by the Car credit EMI Calculator gave by Dialabank. It’s totally permitted to use and you can use it a similar number of times as you need. Thought about Monthly Installments(EMI) is the month to month fixed charges that you pay to the bank as a month to month repayment for the development aggregate procured. Considering your profile, the financing cost on the development is settled. EMI is resolved reliant on the Interest Rate you are charged by the bank and the proportion of advance you have to take and the period for which you welcome the vehicle credit.