Car Loan Junagadh

Best Banks for Car Loan in Junagadh

Car Loan Junagadh Features

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 Junagadh. Moreover, we provide the lowest interest rate for Car Loan Junagadh, 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 provided by banks and NBFC’s to fulfil your dream of having your own car. They offer necessary funding for buying a car 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 offered on Interest charges which vary from bank to bank. One can pay for the vehicle in easy instalments.

Car Loan Junagadh Eligibility Criteria

The car loan eligibility requirements are as follows in Junagadh:

Salaried Individual	Age – 21 years to 60 years Net Monthly Income – Minimum ₹ 20,000 Employment Duration – 1-year minimum Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals	Age – 21-65 years of age Minimum ITR – Rs.2 lakh Employment Duration – Minimum 3 years Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)	Minimum ITR – Rs. 2 lakh Employment Duration – 3 years minimum The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers	At least 6-month vintage Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarters

Car Loan Junagadh EMI Calculator

Car Loan Junagadh Fees & Charges

Charges	New Car Loan	Used Car Loan
Interest Rate	7.35% per annum	11.80% p.a. to 13.80% p.a.
Car loan Processing fees	0.5%	0.5%
Issuance of Duplicate Repayment Schedule Charges	Around Rs.500	Around Rs.500
Foreclosure Charges	0.06	0.06
Penal Interest	2% PM	2% PM
Car loan Part Payment charges	6% of the amount	6% of the amount
Cheque/Instrument Swap Charge	Around Rs.500	Around Rs.500
Documentation Charge	Around Rs. 500	Around Rs. 500
Issuance of Duplicate No Dues Certificate Charges	Around Rs. 500	Around Rs. 500
Registration Certification Collection Charge	Around Rs. 200	Around Rs. 200
Cheque Bounce/Instrument Return Charges	Around Rs. 500	Around Rs. 500
Issuance of Duplicate Statement Charges	Around Rs. 500	Around Rs. 500
Loan Cancellation/Re-booking Charges	Around Rs. 1000	Around Rs. 1000
Issuance of Credit Report	Around Rs. 50	Around Rs. 50

Car Loan Junagadh Fees and Charges : Leading Banks – Nov 22 2024

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 Junagadh Documents Required

Documents required for car loan are as follows:

Salaried Individual

Category	Documents Required
Identity Proof (Any 1)	Passport Voter ID Aadhar Card Driving License
Address Proof (Any 1)	Aadhar Card PAN Driving License Electricity Bill
Date of Birth Proof(Any 1)	Passport Birth Certificate High School Marksheet Driving Licence
Signature Proof(Any 1)	PAN Bankers Verification Passport
Income Proof	Salary Slip and latest Form No.16
Bank Statement	Last 6 month Bank statement
Employment Continuity Proof	Job card by NREGA ITR of Form no. 16 Salary Slip mentioned with joining date Letter of Appointment

Self-Employed Individuals

Category	Documents Required
Identity Proof (Any 1)	PAN Card Passport Voter ID Aadhar Card
Address Proof (Any 1)	PAN Card Voter ID Passport Electricity Bill
Date of Birth Proof (Any 1)	Birth Certificate Passport Driving Licence PAN
Signature Proof (Any 1)	PAN Bankers Verification Passport
Bank Statement	Bank statement of last 6 months
Employment Continuity Proof	Latest ITRs Shop & Establishment Act Certificate Shop & Establishment Act Certificate Sales Tax or VAT Certificate
Business Proof	Registration Certificate Telephone Bill/Electricity Bill Shop & Establishment Act Certificate SSI or MSME Registration Certificate

Self-Employed Non-Individuals:

1. Partnership Firms/Societies

Category	Documents Required
Identity Proof (Any 1)	Driving Licence PAN Card Aadhar Card Passport
Address Proof (Any 1)	Electricity Bill/Telephone Bill Aadhar Card Driving License Voter ID
Income Proof	Audited Balance Sheet P&L Account ITR for the previous 2 years
Bank Statement	Last 6 month
Business Continuity Proof	Company ITR of the last 2 years Audited Balance Sheet TAX registration Certificate Current Account Statement
Additional documents	Letter of Authority or PAN Card

2. Private Limited/Limited Companies

Category	Documents Required
Identity Proof	The latest copy of MOA and AOA Copy of Incorporation
Address Proof (Any 1)	SSI/MSME Registration Certificate Telephone Bill Electricity Bill Shop & Establishment Act Certificate Sales Tax Certificate
Income Proof	Audited Balance Sheet P&L Account and ITR for the previous 2 years
Bank Statement	Previous 6 Months
Business Continuity Proof	P&L account and ITR of the Company of the past 2 years Audited Balance Sheet Shop & Establishment Act Certificate
Additional documents	List of Shareholding partners and Directors Board Resolution PAN Card Certificate of Commencement of Business for Ltd. Co.

How to Get the Best Car Loan Interest Rates in Junagadh

Choose a shorter repayment term: Having a choice to decide a tenure period.
Research and compare the perks offered by different lenders: If you want to get a fair deal on an auto loan, you must primarily investigateand compare the extras offered by different lenders. This can help you figure out which lenders have the best interest rates.
Maintain a modest debt-to-income ratio – The debt-to-income ratio actions how much of an applicant’s salary goes toward loan repayment, and lenders consider this when setting interest rates. Therefore, if your debt-to-income ratio is iller, you have a much chance of getting a car loan with a lower interest rate.
Maintain a good credit score — Lenders will be pleased to offer you a car loan with lower interest rates for peple having a good credit score. Check your credit scores regularly with Dialabank “Free Credit Score” service to guarantee you have a great credit score.

How to Apply for a Car Loan in Junagadh?

Availing of a car loan in Junagadh is an easy process with DialaBank. Follow the following steps to avail of the best offers:

Visit our website Dialabank.
Click on the car loan option available in the menu
Fill in the details regarding the car type and your income
Wait as our relationship manager will soon get in touch with you on your provided number.
You may also contact our relationship managers on 9878981166 in case of any queries regarding the loan.
To avail of a car loan offline, you will have to visit the branch personally, which might be hectic for you.

Which Bank in Junagadh Offers the Best Car Loans?

Many big banks and NBFCs, including HDFC, Private, and SBI, offer vehicle loans in Junagadh. The finest lender is one that can provide you with the loan amount you need at a reasonable interest rate and can distribute the funds as quickly as feasible. Therefore, it is always a good idea to compare vehicle loans from many lenders before applying for one that meets all of your needs, such as interest rates.

Car Loan for Major Car Manufacturers in Junagadh

TABLE WILL APPEAR

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Processing Fees/ Prepayment Charges on Car Loan in Junagadh

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
Prepayment Charges	>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 Junagadh

A CIBIL score of 750+ is regarded to be very good, and it attracts a lower car loan interest rate in Junagadh. However, the borrower could take a CIBIL score between 650-750 if you have a good income, but a slightly higher interest rate will be given in that case. If you have defaulted in your CIBIL score is very low, then your Car Loan Junagadh demand might be refused.

Most organisations prefer to give loans only with a minimum CIBIL score of 750. The organisations don’t just look at the overall score but also check the specific behaviour of the previous loans you have taken. This includes details on the kind of loan taken and the loan amount you have borrowed. Any late payments for preceding loans can act as a barrier to your avail of a car loan.

Check your CIBIL score in your credit report for more data on the record.

Car Loan Junagadh Contact Number

Call us on 9878981166 to get on car loans in Junagadh and attractive offers on car loan services.

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Pre Calculated EMI Table for Car Loan Junagadh

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 Junagadh

Junagadh is a town in the western Indian state of Gujarat. Mahabat Maqbara is the big 19th-century mausoleum of a nearby ruler, which showcases complex Indo-Islamic architectural information. Uparkot Fort, founded around 300 BC, has city views from its ramparts. Within the fort are the stone-reduce step-wells Adi Kadi Vav and Navghan Kuwo, plus Buddhist caves.

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Other Cities for Car Loan in Gujarat

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Car Loan Gandhidham	Car Loan Dholka
Car Loan Dwarka	Car Loan Deesa

FAQ’s About Junagadh Car Loan

✅ Is there a way to let me know the amount of EMI that I will have to pay?

Yes, these days, we have an Online EMI Calculator that would calculate the EMI you have to pay regularly, and this would be done in just a click where you need to put the amount, and it will calculate the EMI with an updated interest rate.