About Car Loan for DC
Check out top-selling DC models and apply now for a Car Loan for DC
DC Avanti | |
ARAI Mileage | 10.0 kmpl |
Fuel Type | Petrol |
Engine(cc) | 1998 |
Max Power | 250bhp@5500rpm |
Max Torque | 340Nm@2750-5000rpm |
Seating | 2 |
Engine Description | 2.0-litre 250bhp 16V Petrol Engine |
TransmissionType | Manual |
Cargo Volume | No |
Power Adjustable Exterior Rear View Mirror | Yes |
Touch Screen | Yes |
Automatic Climate Control | Yes |
Anti Lock Braking System | Yes |
Alloy Wheels | Yes |
Power Windows Front | Yes |
Power Steering | Yes |
Air Conditioner | Yes |
Features and Benefits of Car Loan for DC
- No Advance EMI
- Loan tenure period 12-84 months
- No hidden charges
- Offers the lowest rate of interest
- Loans for one-time road tax, insurance premium, registration fee, and accessories
- No pre-payment penalty
- Interest Calculated on Daily Reducing Balance
Car Loan for DC Interest Rates
New Car Loan |
|
Loan Band |
Deviation Rate Grid with MI/SK/CP |
Less than 3 lacs |
10.60% |
3 – 6 lacs |
9.50% |
6 – 10 lacs |
9.35% |
10 – 20 lacs |
9.10% |
more than 20 lacs |
8.85% |
Used Car Loan |
||
Loan Band |
Tenure less than 23 Months |
Tenure less than 3 Months |
less than 3 Lacs |
15.00% |
15.50% |
3 – 6 Lacs |
14.50% |
15.00% |
6 – 10 Lacs |
13.50% |
14.00% |
10 – 20 Lacs |
13.00% |
13.50% |
more than 20 Lacs |
12.75% |
13.25% |
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Fee & Charges
Fees & Charges |
||
Stamp Duty |
At Actuals |
|
Processing fees |
Loan Amount less than 20 lacs |
Rs.1750/- |
Loan Amount more than or equal to 20 lacs |
Rs.2250/- |
|
All |
Rs.300/- |
|
Legal, Repossession & Incidental charges |
At Actuals |
|
Loan Reschedulement charges |
Rs.1000/- |
Car Loan for DC Eligibility
The car loan eligibility requirements are as followed:
Salaried
- Minimum age of Applicant: 21 years
- Maximum age of Applicant: 65 years (more than 65 co-applicants is needed)
- Minimum employment: 1 year in current employment 2 years of employment.
- Minimum Income: 18000/-
- Telephone: Must at the residence
Self-Employed
- Minimum age of Applicant: 30 years (less than 30 co-applicants is needed)
- Maximum age of Applicant: 60 years
- Minimum employment: At least 2 years in the same business
- Income Status: 2 years ITR
- Telephone: Must at the residence
Car Loan for DC Documents Required
Documents required for car loan are as followed:
- 2 passport size photos
- Identity proof– Passport, PAN card, Aadhar Card, Voter card
- Address proof– Rental Agreement, Property Purchase Document, Telephone Bill, Electricity Bill, Sale Deed, Driving license, Ration card
- Income proof– Salaried– latest salary slips (at least 3 months), Self-Employed– a copy of the latest 2 year Income Tax return
- 6 months Bank statement
Leading Car Loan Providers (Click to Apply)
- HDFC Car Loan
- Kotak Mahindra Car Loan
- Yes Bank Car Loan
- Private Bank Car Loan
- Axis Bank Car Loan
- State Bank of India Car Loan
- Canara Bank Car Loan
- Indusind Bank Car Loan
- Others
Used Car Loan EMI Calculator | SIP Calculator |
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