Best Banks for Car Loan in Mussoorie
Car Loan Mussoorie Features
A car loan is a financial help provided by banks and NBFC’s to fulfill your dream of having your car. They provide necessary funding for purchasing 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 repayment options. The loan amount is offered on Interest charges which vary from bank to bank. One can pay for the vehicle in easy installments. So, apply online with DialaBank and get easy loan disbursal on car loans in Mussoorie on the best offers across various banks.
Car Loan Mussoorie 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 Mussoorie Documents Required
Documents required for car loan are as followed:
For salaried:
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License of the applicant
- Income Proof: Latest 3-month salary slip with form 16 of the applicant
- Address Proof: Ration card/Driving license/Voters card/Passport Copy/Telephone Bill/Electricity Bill/Life Insurance Policy/PAN Card of the applicant
- Bank Statement: Last 6 months bank statement of the applicant
For self-employed:
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License of the applicant
- Income Proof: Latest Income Tax Report of the applicant
- Address Proof: Ration card/Driving license/Voters card/Passport Copy/Telephone Bill/Electricity Bill/Life Insurance Policy/PAN Card of the applicant
- Bank Statement: Last 6 months bank statement of the applicant
Car Loan Mussoorie Eligibility Criteria
The eligibility criteria for a car loan in Mussoorie is as follows:
For salaried:
- Minimum age: 21 years old
- Maximum age at loan maturity: 65 years old
- 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:
- Minimum age: 21 years old
- Maximum age at loan maturity: 65 years old
- Minimum employment: at least 3 years in business
- Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 per annum for mid-sized and premium cars the range goes higher.
Car Loan for Major Car Manufacturers in Mussoorie
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan Mussoorie
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 Mussoorie
Every lending institution has its criteria for the minimum CIBIL score required for processing the Car Loan application in Mussoorie so that they can minimize the risk of lending to you. Most institutions require a minimum score of CIBIL of 750 or above to process your loan application. Also having a good CIBIL score helps to loans at a cheaper rate of interest.
The institutions don’t just look at the overall score but also the detailed behavior on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a fresh car loan.
Car Loan Mussoorie Contact Number
You can get a car loan Mussoorie easily from Dialabank by contacting the number 9878981166.
Pre Calculated EMI Table for Car Loan Mussoorie
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
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