About Car Loan for Ford
Dialabank is an Indian First Financial helpline service providing loans to the customers. We are offering a loan at the lowest interest rate. If you are planning to buy a Ford car but don’t have money for it then apply for a Car Loan with Dialabank.
Here you can compare the Interest rate of different banks and NBFC’s. We Will offers you some special schemes like minimum documentation process, less processing fee, no hidden charges etc. Apply for a Ford car loan with us and fulfill your dreams.
Check out top-selling Ford models and apply now for Car Loan for Ford
Ford | ||
Ford EcoSport | Rs.7.82 Lakhs onwards | |
Ford Freestyle | Rs.5.23 Lakhs onwards | |
Ford Aspire | Rs.5.55 Lakhs onwards | |
Ford Endeavour | Rs.26.31 Lakhs onwards | |
Ford Mustang | Rs.74.61 Lakhs | |
Ford Figo | Rs.5.61 Lakhs onwards | |
Ford Figo Facelift | Expected Price: Rs.6 Lakhs | Upcoming |
Expected to launch in March 2019 | ||
Ford Kuga | Expected Price: Rs.9 Lakhs | Upcoming |
Expected to launch in July 2020 |
Features and Benefits of Car Loan for Ford from Dialabank
- We offer extremely quick service to the customers
- Loans are approved within 24 hours after the documentation process
- The minimum loan amount is Rs 1 lakh, and maximum Loan amount depends upon the price of the car, varies with the car model, profile of the customer etc
- The maximum loan amount is up to 90-95%% of the ex-showroom price of the car
- LTV (Loan to value) of up to 90% of the ex-showroom price of the car
- Repayment period ranges from 1 to 7 years
- Prepayment is allowed after 6 months from the disbursement of the loan
Car Loan for Ford 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% |
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/- |
Now fulfill your dream of buying a car with Dialabank. Submit the following documents to our branch or apply online at Dialabank to check your eligibility.
Eligibility for Car Loan for Ford
To obtain the loan amount, a person must meet the Eligibility criteria for car loan.
Salaried
- Age – Minimum 21 years at the time of application upto Maximum 65 years (more than 65 years co-applicant is needed)
- Income –Minimum Income must be Rs.2,50,000/- per annum.
- Work Experience –A minimum of 2 years of total experience, and must have completed 1 year of service with the current employer immediately prior to application.
- Residence stability- 2 years in the city and 1 year in the current residence or should be residing in the own house
Documentation Required
- 2 passport size photos
- Identity proof- Driving License / Passport / Voter Id / Aadhar card / PAN card
- Residence Proof- Water Bills / Rental agreements / Electricity Bills / PAN card / Voter Id / Aadhar card / Driving License
- Income Proof- Latest 3 months salary slip
- Latest 6 months banking statements
Self-Employed
- Age – Minimum 30 years at the time of application upto maximum 60 yrs (less than co=applicant is needed)
- Income –A minimum net profit of Rs.2,00,000/- per annum.
- Business Experience – 2 years of minimum business stability mitigated with proof.
- Residence stability – 2 years in the city and 1 year in the current residence or should be residing in the own house
Documentation Required
- 2 passport size photos
- Identity proof- Driving License / Passport / Voter Id / Aadhar card / PAN card
- Residence Proof- Water Bills / Rental agreements / Electricity Bills / PAN card / Voter Id / Aadhar card / Driving License
- Income Proof- Latest 2 years ITR with computation
- Latest 6 months banking statements
- Business Proof- CST Certificate / Labour act, Shop Establishment act / SSI Certificate, Rental deed / Utility deed in the name of the companyA person should review the documents required for car loan before making a decision.
How to Apply?
Apply online on www.dialabank.com
About Ford
The Ford Motor Company is an American multinational corporation headquartered in Dearborn, Michigan, a suburb of Detroit. Ford is the world’s second-largest automaker. The company was founded by Henry Ford and incorporated on June 16, 1903. The Ford, Lincoln, and Mercury brands, it also owns a small stake in Mazda in Japan and Aston Martin in the UK.
Ford India Private Limited is a wholly owned subsidiary of the Ford Motor Company in India headquarters are in Maraimalai Nagar, Chennai, Tamil Nadu. Ford is the 6th largest car maker in India after Maruti Suzuki, Hyundai, Honda, Tata, Mahindra.
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