Best Banks for Car Loan in Hailakandi
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 Hailakandi Features
Don’t wait to buy a new car! select the car and then apply for a car loan in Dialabank you can easily get the car loan with a low car loan interest rate. for buying the car is a heavy decision in every family. mainly in the middle-class families it is the biggest event for them. So Don’t miss the chance of buying the car. if you are financially weak, Dialabank will help you in getting the loan.
Car Loan Hailakandi Interest Rate
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 Hailakandi Documents Required
Documents required for car loan are as followed:
For Salaried Employee
- Passport copy, PAN Card, Voters ID card, Driving License are required.
- The Latest 3-month salary slip with form 16
- Ration card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy is required to apply for the loan.
- The last 6 months’ bank statement is required.
For Self Employed
- Passport copy, PAN Card, Voters ID card, Driving License are required.
- The Latest Income tax returns are required.
- Ration card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy is required to apply for the loan.
- The last 6 months’ bank statement is required.
Car Loan Hailakandi Eligibility Criteria
The car loan eligibility criteria requirements are as followed in Hailakandi:
For Salaried Employee
- The minimum age of the applicant to apply for the loan is 21 years.
- The maximum age of the applicant to apply for the loan maturity is 65 years.
- For Salaried the annual income should get more than Rs.3lakhs and also for the standard cars, the applicant should get more than 3 lakhs of income.
For Self Employed
- The minimum age of the applicant to apply for the loan is 21 years.
- The maximum age of the applicant to apply for the loan maturity is 65 years.
- For self-employed the net annual income should be more than 4 lakhs also for the standard cars, the applicant should have more than 3 lakhs of income. The applicant should provide ITR files.
Car Loan for Major Manufacturers in Hailakandi
TABLE WILL APPEARProcessing Fees & Prepayment Charges on Car Loan Hailakandi
check here for the processing Fees and Prepayment charges on a car loan.
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 Hailakandi
CIBIL score plays a key role while getting the loan. if your Cibil score is between 750-900. then you will get the quick car loan approval. if the Cibil score is less than 700 then your application will be pending. so, check your Cibil score before you apply for the loan. if you pay your EMIs in time then your Cibil score will be increased.
Car Loan Hailakandi Contact Number
For instant help and any more queries regarding Car loan in Hailakandi, you can call 9878981166. Or you can also visit Dialabank.
Pre Calculated EMI Table for Car Loan Hailakandi
check here of Pre calculated EMI table for a car loan.
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 Hailakandi
Hailakandi is one of the districts in the Indian states of Assam. this is one of the oldest subdivisions in the state. Sylheti is the regional language used in Hailakandi. Hailakandi has a population of over six lakh.
Car Loan EMI Calculator
Repaying the loans in EMIs will not affect our monthly budget. as well as paying in time will increase our CIBIL score in Hailakandi.
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