Best Banks for Car Loan in Dhrol
|
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 Dhrol Features
Many people travel daily for many things, as the mobility of people increased. A car saves you valuable time as well as you can reach your destination comfortably. Now you don’t have to save and wait to afford a car of your own! We at Dialabank financial services help customers to analyze, compare and choose the best loan possible for their benefit. You just have to complete one step by applying for the car loan through dialabank. You will get a good rate of interest and also you will get high tenure for loan repayment, if your CIBIL score is good.
To provide car loans, all the banks and NBFCs are ready to serve you. If required you will get a loan for on-road price as well as you can get the loan amount for Ex-showroom price and also.
Car Loan Dhrol Interest Rates
| 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 Dhrol Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
- Proof of Identity: Passport copy, Voters ID card,PAN Card, Driving License
- Proof of Income: Form 16 with the latest 3-month salary slip
- Proof of Residence : Ration card / Life Insurance Policy /Voters card / Passport Copy / Telephone Bill /Driving license / Electricity Bill / PAN Card
- Bank Statement: Last 6 months.
For Self Employed Individuals:
- Identity Proof: Passport copy, Voters ID card,PAN Card, Driving License
- Income Proof: Latest ITR
- Address Proof: Ration card/ Driving license / Passport Copy / Telephone Bill /Voters card / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Dhrol 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: a minimum of 2 years of employment experience and 1 year in current 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.100000 per annum for mid-sized and premium cars, Rs. 60000 per annum for standard cars.
Car Loan for Major Car Manufacturers in Dhrol
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan Dhrol
| 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
|
|
>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 Dhrol
Every financial institution has its criteria for CIBIL score required for processing the Car Loan application in Dhrol so that they can minimize the risk of lending to the customer. A minimum score of CIBIL of 750 or above to process your loan application is required by most institutions. Also having a good CIBIL score builds your application strong and helps to avail loans at a cheaper car loan rate of interest.
Car Loan Dhrol Contact Number
You can get a car loan in Dhrol easily from dialabank by contacting the number 9878981166.
Pre Calculated EMI Table for Car Loan Dhrol
| 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 Dhrol
In the state of Gujarat, India, Dhrol is a city in Jamnagar district. You can visit our official site for more information on Car Loan.
Special Note: One can fulfill their money requirement with Gold Loan easily, however, Banks do not provide Car Loans to bad credit holders.
Car Loan EMI Calculator
Car loan EMI can be calculated by Car loan EMI Calculator provided by Dialabank. It is free to use and you can use it an infinite number of times. Equated Monthly Installments(EMI) is the monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed.
Other Cities for Car Loan in Gujarat
| Car Loan Dahod | Car Loan Bodeli |
| Car Loan Dabhoi | Car Loan Bhuj |
| Car Loan Chhapra | Car Loan Bharuch |
| Car Loan Botad | Car Loan Bhavnagar |
