Best Banks for Car Loan in Khagaria
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 Khagaria Features
Being a resident of a leading city like Khagaria, having your car must be on your wish list. But if you don’t have enough funds for it, then you have arrived at the right place! Dialabank is here to assist you to get car loans for both brand-new and second-hand cars, for both ex-showroom and on-road prices. With us, you can get access to many features of car loans in Khagaria such as: –
- Car loans are available at low-interest rates, which may vary from bank to bank so make sure you compare and choose wisely!
- Almost all major banks and NBFCs offer car loans in Khagaria.
- The documentation process is quick and hassle-free, so we can help you fulfill your dream with great efficiency.
- Car loans are easily available through DialaBank.
Car Loan Khagaria Interest Rate
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
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 Khagaria Documents Required
Documents required for car loan are as followed:
For Salaried Employee
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-months 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: The Latest ITR proof of the applicant
- 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 Khagaria Eligibility Criteria
The car loan eligibility criteria requirements are as followed:
For Salaried Employee
- Minimum age: 21 years for salaried individuals and 30 years in case of a self-employed
- Maximum age at loan maturity: 60 and 65 years respectively for salaried and self-employed individuals
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment.
- Minimum Annual Income: For Salaried Rs 100000 net annual income.
For Self Employed
- Minimum age: 21 years for salaried individuals and 30 years in case of a self-employed
- Maximum age at loan maturity: 60 and 65 years respectively for salaried and self-employed individuals
- 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 Khagaria
TABLE WILL APPEARProcessing Fees & Prepayment Charges on Car Loan Khagaria
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 in Khagaria
The CIBIL score is referred to as what defines your ability to pay off your credits and is based on your repayment history. A higher Credit score means good credit history and makes your car loan application process smooth and easy to be processed. Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Khagaria. This score may again vary from bank to bank. CIBIL score is important because if it is lower than the required value, you will be required to pay a high car loan interest rates on the loan amount.
Car Loan Khagaria Contact Number
In case of any queries regarding a car loan in Khagaria, you may contact us on the number 9878981166 for trustworthy assistance. Or you can also visit Dialabank.
Pre Calculated EMI Table for Car Loan Khagaria
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 Khagaria
Khagaria is located in the state of Bihar. The famous Katyayani Mandir is situated here. Its population is around 50000.
Car Loan EMI Calculator
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