Car Loan Kumta

Best Banks for Car Loan in Kumta

Car Loan Kumta Features

Thinking of purchasing a new car? But don’t have the required funds for it? Do not worry! A car loan is here for you. A car loan is a means of funding or financial help provided by banks and NBFCs to the applicants at an affordable rate of interest to aid them in buying a car, whether new or used. Cars have become a necessity for everyone, but the cost of cars is growing rapidly daily. This is where a car loan comes into play and fulfills your desire to be the owner of your dream car. The main features of a car loan in Kumta are:

• Car loans are available at low-interest rates
• Almost all major banks and NBFCs offer car loans in Kumta
• The documentation process is quick and hassle-free
• Car loans are easily available through DialaBank

Car Loan Kumta Interest Rates

Car loan interest rates keep changing every time, which is why it’s important to monitor them. Your loan’s interest rate impacts the amount you’re going to pay for the month to month. Furthermore, a lower interest rate can mean a huge number of rupees in savings. Our rate table can assist you in realizing the best ideal opportunity to purchase a vehicle.

To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

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Car Loan Kumta Documents Required

Documents required for car loan are as followed:

For Salaried Individuals

1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
2. Income Proof: – Latest 3-month salary slip with form 16
3. Residence Proof: Any one of the following (Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill)
4. Bank Statement: Last 6 months.

 For Self Employed

• Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
• Income Proof: – Latest ITR reports.
• Residence Proof: Any one of the following (Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill)
• Bank Statement: Last 6 months

Car Loan Kumta Eligibility Criteria

The car loan eligibility requirements are as followed in Kumta:

Salaried

1. Firstly, the minimum age of the applicant should be not less than 21 years.
2. Further, the maximum age should be 65 for loan maturity.
3. Minimum employment: At least 1 year in current employment and a minimum of 2 years of employment.
4. Minimum Annual Income: It should be Rs 1,00,000 net annual income.
5. Also, the contact number is required.

Self Employed

1. Firstly, the minimum age of the applicant should be 30 years or above
2. The maximum age should be 60 at loan maturity
3. In this, minimum employment should be at least 2 years in business
4. Furthermore, the minimum annual income should be 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 Kumta

TABLE WILL APPEAR

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Processing Fees & Prepayment Charges on Car Loan Kumta

Car Loan Kumta Agent Contact Number

To get an easy and instant car loan you can visit DialaBank or call on 9878981166 to get personalized assistance. Our relationship managers are well trained and will assist you in the best ever way possible in order to provide you with a deal most suited for you.

Pre Calculated EMI Table for Car Loan Kumta

Car Loan EMI Calculator Kumta

Car loan EMI can be calculated by the Car loan EMI Calculator provided by Dialabank. The calculator is free to use and you can use it as many times you want. Equated Monthly Installments(EMI) is the monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed. Based on the profile, the interest rate on the loan is determined. EMI is calculated based on the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the car loan.

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