Best Banks for Car Loan in Greater Noida
| 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 Greater Noida Features
If purchasing a car is your dream and you lack funds for it, then you have come to the right place. We provide you the best in market Interest rates and help you check your Eligibility. Get the best Car Loan with easy documentation and the Lowest EMIs.
Following are the benefits of Car Loan:
- One of the most important benefits is that you save your precious time by applying online, as the Car loan in Noida process is quite simple. Your Car loan gets approved within a day or even on the same day of application
- Within a few minutes, you will receive an extended list of e-mails from lenders who will avail of your online car loan in Noida. At the same time, you can compare the different Car loan terms and choose the best one available.
- In addition to all these, the lenders also facilitate the bad credit holders with these loans. As well, the lenders also offer bad credit Car loans for individuals having bad credit.
Car Loan Greater Noida 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 Greater Noida Documents Required
Documents required for car loan are as followed:
For Salaried Individuals
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: – Latest 3-month salary slip with form 16
- Address 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
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: – Latest ITR reports.
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Greater Noida Eligibility Criteria
Car loan eligibility criteria for the salaried and self-employed applicants for a car loan in Greater Noida vary in the following manner:
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 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars.
Car Loan for Major Car Manufacturers in Greater Noida
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan in Greater Noida
| 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 Greater Noida
CIBIL score plays a key role while availing a car loan. In case your Cibil score is between 750-900, you will get the loan approval quickly. But if the Cibil score is less than 700 then your application might go pending. So, check your Cibil score before you apply for a loan. Regular EMI payments will enhance your CIBIL score. Thus, the CIBIL score plays an important role in availing a car loan and must be considered before applying for any loan.
Car Loan Greater Noida Contact Number
To get instant car loan you can visit our website or call on 9878981166 to get the best assistance. Our executives are well trained and will assist you in order to provide you with a deal most suited for you.
Pre Calculated EMI Table for Car Loan Greater Noida
| 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 |
You can calculate your EMI here: Car Loan EMI Calculator
Car Loan EMI Calculator
Other Cities with the Car loan in Chattisgarh:
| Car Loan Visnagar | Car Loan Upleta |
| Car Loan Vijapur | Car Loan Talaja |
| Car Loan Vejalpur | Car Loan Sihor |
| Car Loan Veraval | Car Loan Savarkundla |
