Car Loan Dahej

Best Banks for Car Loan in Dahej

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 Dahej 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 Dahej

Car Loan Dahej 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 Dahej EMI Calculator

Car Loan Dahej 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 Dahej Fees and Charges : Leading Banks – Apr 28 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 Dahej 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 Dahej

The interest rates on auto loans offered by various lenders in Dahej may differ, but they are all lucrative and competitive. If you wish to avail of the best car loans in Dahej, follow the steps below :

Choosing a shorter re-payment term – A number of car loan applicants trust that lengthier re-payment terms are comparatively better because the monthly EMIs (equated monthly instalments) are low. They ignore the fact that lenders take lengthier terms as an indication of a person’s low re-payment capabilities, so they might charge them a higher interest rate on the loan. So, considering a shorter payment period might still be a good idea.
Researching and comparing perks offered by lenders – To get a decent deal on an auto loan, one must compare & explore the perks offered by lenders in Dahej. With our help and all this research, you will be able to identify which lending institutions have the most competitive interest rates and whom to choose.
Maintaining a modest debt to income ratio – This ratio measures the amount from the borrower’s income that goes into loan re-payment, and lenders recognize these details while deciding upon interest rates. Lower your debt-to-income ratio, the higher susceptibility of getting a car loan with lower interest rates.
Maintaining good credit scores — Good credit scores show that you are a trustworthy client and hence, draw out the best interest rates from lenders. Typically, a credit score of above 750 is considered to be healthy. A higher interest rate is demanded from the ones having a not so great credit score. You can find out your credit scores regularly with Dialabank’s very own “Free Credit Score” service to guarantee a good credit score.

How to Apply for a Car Loan in Dahej?

At first, you will be required to visit our official site Dialabank in order to understand and apply for a car loan online. Do not forget to enter your contact details as we will offer our services to you according to your requirements. Dialabank is the most resourceful platform where you can apply for the best car loans at great interest rates and prices.

Availing of a car loan in Dahej is a very easy process when done through Dialabank. You just have to follow the few steps given below to do so :

Visit our official website Dialabank
Select the car loan option on the menubar.
Fill in your details regarding the car type and personal income
Kindly be patient as our customer service professional will soon contact you on the number that you provided
You can also contact our relationship managers directly on 9878981166 in case of any queries or just for gaining insight regarding the loan
For getting a car loan offline, you will have to visit the branch in person, which might turn to be hectic and tedious eventually

Which Bank in Dahej Offers the Best Car Loans?

Many big banks and NBFCs, including HDFC, Private, and SBI, offer vehicle loans in Dahej. Car Loans are secured against the car itself and hence save you the trouble of leveraging any other asset such as property or ornaments that you might possess. One must never have to rethink their decision of buying the car on loan in your region. Taking a car loan means that the individual will retain the vehicle once the loan is repaid in full, which would also add to his/her credit history.

Car Loan for Major Car Manufacturers in Dahej

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Dahej

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 Dahej

Lenders usually prefer a CIBIL score of 750 or above, but in case of a low CIBIL score than the required value, the borrowers will be required to pay a high rate interest rate on their loan amount. Although, If their CIBIL score is good, then they have to pay a low rate of interest. Thus, a CIBIL score is an important factor in a car loan.

Car Loan Dahej Contact Number

In case of any queries regarding the car loan in Dahej, you may contact on the number 9878981166 for any assistance.

Pre Calculated EMI Table for Car Loan Dahej

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 Dahej

Dahej is a village in the state of Gujarat. Car Loans in Dahej are highly beneficial and proficient to meet any and all financial requirements including purchasing cars.

Car Loan Banks in Dahej

Bank Name	Bank Address	Bank IFSC Code
BANK OF BARODA	GRAM PANCHAYAT BLDG,AT & PO BHENSALI, BHARUCH, GUJARAT	BARB0BHENSA
BANK OF BARODA	ADMINISTRATIVE BUILDING DAHEJ LTD DAHEJ SEZPART BHARUCH GUJARAT 393130	BARB0DAHBHA
BANK OF BARODA	NEAR MAHALAXMI TEMPLE, DAHEJ DIST BHARUCH 392 130	BARB0DAHEJX
DENA BANK	TAL. VAGRA,DIST. BHARUCH,GUJARAT	BKDN0210473
CENTRAL BANK OF INDIA	SHOP NO1 GROUND FLOOR, LORDS GUMANDEV MALL, DAHEJ	CBIN0284732
CANARA BANK	SHOP NO. 35,36,37,ANAMIKA COMPLEX,,DAHEJ,392 130	CNRB0003310
CORPORATION BANK	47,48,49 SHALIGRAM COMPLEX IPCL STATION ROAD DAHEJ BHARUCH DISTRICT GUJARAT	CORP0003210
HDFC BANK	IPCL GANDHAR PETROCHEMICAL COMPLEXPO DAHEJDAHEJGUJARAT392130	HDFC0000030
HDFC BANK	HDFC BANK LTD, SHOP NO 47 DREAM BUSINESS PARK DAHEJ ROAD, AMDADA. BHARUCH GUJARAT 392011	HDFC0003393
IDBI BANK	SHOP NO.47 BY 48 BY 49 ANAMIKA COMPLEX,OPP WATER TANK NEAR INDIAN OVERSEAS BANK NEAR DAHEJ	IBKL0001613
Private BANK LIMITED	Private BANK LTD., MARUTI COMPLEX- NR. IBP PETROL PUMP- DAHEJ- DIST. BHARUCH 392130	ICIC0001374
INDIAN OVERSEAS BANK	ANAMIKA COMPLEX, 1 ST FLOOR,IPCL MAIN ROAD,NEAR DAHEJ CHOWKDI,DAHEJ,BHARUCH GUJARAT PIN 392130	IOBA0002178
STATE BANK OF INDIA	DIST BHARUCH, GUJARAT 392130	SBIN0007234

FAQ’s About Dahej Car Loan

✅ What kinds of vehicles can one purchase using a car loan?

Car loans/auto loans can be used to buy a number of passenger vehicles, including MUVs, SUVs, and many other types of automobiles. A vehicle for business purposes and tractors, trucks, and even construction equipment loans can be availed from select lenders.

✅ Is it possible to get a loan on my current vehicle?

Yes, provided you have a strong payment record with your current lending institution, many pf them will grant you a loan on your current automobile.

✅ What all options do I have for re-paying my car loan?

Standing Instruction (SI), Electronic Clearing Service (ECS), and Post-Dated Cheques (PDCs) are three options for repaying your loan (PDCs). Generally, we advise that you repay your loan amount using the 1st two options as they are faster and have lower risks involving error, which is not the same for PDCs.

✅ Do I need a guarantor for a car loan?

Most lenders do not ask for a guarantor to be present while taking a car loan. However, if your annual income is below the required minimum, lenders might ask you to provide a co-applicant or guarantor to demonstrate your credibility.