Best Banks for Car Loan in Burhanpur
Car Loan Burhanpur Features
Thinking of purchasing your expensive dream car? But don’t have enough finance for it? Don’t Worry! DialaBank provides the best offers on a car loan. A car loan is a means of funding your dream car provided by banks and NBFCs to applicants at an affordable and best rate of interest. Since cars have now become a necessity in today’s world, but the cost of cars is growing rapidly daily. This is where a car loan plays a dynamic role and fulfils your desire to be the owner of a luxurious car. The main features of a car loan in Burhanpur are:
- Car loans are available at affordable low-interest rates
- Almost all major banks and NBFCs offer car loans in Burhanpur
- The documentation process is instant and hassle-free
- Car loans are easily available through DialaBank with free assistance
Car Loan Burhanpur 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 Burhanpur Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
- Proof of Identification: 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.
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.
Car Loan Burhanpur Eligibility Criteria
The car loan eligibility requirements are as followed in Burhanpur:
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.100000 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 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 Dewas
TABLE WILL APPEAR Apply for a Car LoanProcessing Fees / Prepayment Charges on Car Loan Burhanpur
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 Burhanpur
The credit score is what defines your ability to pay off your credits. A higher CIBIL score defines your good credit history and makes your application process smooth and easy to be processed. Usually, banks and NBFCs require a credit score of 750 and above to approve your loan application process in Burhanpur. This score may vary from bank to other banks. In case a CIBIL score is less than the applicable value you will be required to pay a high rate interest rate on the loan amount.
Car Loan Burhanpur Contact Number
In case of any queries regarding the car loan in Burhanpur, you may contact the number 9878981166 or visit Dialabank for any sort of assistance.
Apply for a Car LoanPre Calculated EMI Table for Car Loan Burhanpur
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
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