Best Banks for Car Loan in Hunsur
Car Loan Hunsur Features
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Are you searching for a car loan? If yes, then your wait is over as we at Dialabank brings you amazing offers for a car loan in Hunsur. We provide the lowest rate of interest for car loans Hunsur, which you won’t find anywhere else.
We offer Car loans for both Self-employed and salaried people. We offer car loans on new as well as used cars.
A car loan is a financial help offered by banks and NBFC’s to fulfill your dream of having your own car. They provide necessary funding for buying a car which can be on Ex-Showroom Price or On-Road Price of the car. A car loan is a secured loan with easy refund options. The loan amount is provided on Interest Rates which differs from bank to bank. One can pay for the vehicle in easy installments.
Car Loan Hunsur Interest Rates
Car Loan Hunsur Documents Required
For Salaried Individuals:
- Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Residence 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 Individuals:
- Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest ITR
- Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Hunsur Eligibility Criteria
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 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars
Car Loan for Major Car Manufacturers in Hunsur
TABLE WILL APPEAR
Processing Fees/ Prepayment Charges on Car Loan in Hunsur
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan Hunsur
A CIBIL score of 750 and above is considered to be very good and it attracts a lower interest rate for car loans in Hunsur. However, a CIBIL score between 650 to 750 could be considered if you have a good income but a slightly higher rate of interest will be offered in that case. If you have defaulted in your CIBIL score is very low, then your car loan application might be refused.
Most institutions prefer to give loans only with a minimum CIBIL score of 750. The institutions don’t just look at the overall score but also check the detailed behavior on the previous loans taken. This includes details on the type of loan taken and the amount of loan you have borrowed. Any late payments for previous loans can create a barrier to your availing a fresh loan.
Check your CIBIL score in your credit report for more information on the score.
Car Loan Hunsur Contact Number
Call us at 9878981166 to get on car loans in Hunsur and exclusive offers on car loans.
Pre Calculated EMI Table for Car Loan Hunsur
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
Car Loan EMI Calculator Hunsur
About Hunsur
Hunsur is a city in the Mysore district in Karnataka, India. It is sustained by the Hunsur City Municipal Council and has 31 wards. Hunsur is known for the timber trade, especially teak. A plywood manufacturing company named Hunsply is located in Hunsur.
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