Car Loan Naraingarh | Lowest Rates @8.99% p.a

Best Banks for Car Loan in Naraingarh

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 Naraingarh Features

Are you thinking of purchasing a new car? But lacking the funds to afford one? Do not worry! Dialabank got your back. A car loan is a means of financial help provided by banks and NBFCs to the applicants with an affordable rate of interest to aid them in buying a car, new or used.

Since cars are a necessity for everyone, a car loan comes into play and fulfils your desire to be the owner of your dream car. The main features of a car loan in Naraingarh are:

Car loans are available at Lowest Car Loan Interest Rate, which may vary from bank to bank, so make sure you compare and choose wisely
Almost all central banks and NBFCs offer car loans in Naraingarh in your vicinity
The documentation process is quick and hassle-free
Car loans are readily available through DialaBank. We ensure our customers get the best facilities!

Car Loan Naraingarh Interest Rate

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

Apply for a Car Loan

Car Loan Naraingarh Documents Required

The essential documents required to get a car loan approved in Naraingarh are as follows:

For Salaried Employee

Passport, PAN Card, Voters ID card, or any other form of identity proof
Latest 3-month salary slip with form 16.
Anyone address proof
6 months of bank statements.

For Self Employed

Passport, PAN Card, Voters ID card, or any other form of identity proof
ITR filing proofs required
Anyone address proof
6 months of bank statements.

Car Loan Naraingarh Eligibility Criteria

The car loan eligibility requirements are as followed in Naraingarh:

Salaried Individuals:

The age should be minimum of 21years.
The maximum age limit is 60 years
A minimum of 1 year in current employment and a minimum of 2 years of employment is necessary
A minimum of Rs 100000 income per annum.

Self-employed Individuals:

The age should be between 30-65 years.
At least 3 years of working business.
A minimum of Rs. 60000 p.a net profits for standard cars and Rs.100000 p.a. for mid-sized and premium cars in Naraingarh.

Car Loan for Major Car Manufacturers in Naraingarh

Apply for a Car Loan

TABLE WILL APPEAR

Processing Fees & Prepayment Charges on Car Loan Naraingarh

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 in Naraingarh

The CIBIL score is your ability to pay off your credits and is based on your repayment history. A higher Credit score means a good credit history and makes your car loan application process smooth and easy, while a lower score can charge you a higher car loan interest rate. Mainly, banks and NBFCs consider a credit score of 750 and above as an excellent score to approve your loan application process. However, this score may again vary from bank to bank. Thus, CIBIL score is an essential factor in a car loan.

Car Loan Naraingarh Contact Number

If you have queries regarding the car loan in Naraingarh, you may contact us on the number 9878981166.

For any assistance, you can also visit our website at Dialabank.

Pre Calculated EMI Table for Car Loan Naraingarh

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 Naraingarh

Naraingarh, also known as Narayangarh, is a city, municipal committee, and assembly constituency in the Ambala district of the Indian state of Haryana. It is located on the border with the Indian state of Himachal Pradesh. Due to its geographical location, the Naraingarh plays a vital role in local tourism, is located 52 km (32 miles) of Chandigarh, the state capital, 144 km (89 miles) of Shimla and 230 km (142 miles) of New Delhi. Hindi is the official language of Naraingarh, while English and Punjabi are additional languages used in the city. Naraingarh is connected by road network to all of the other major cities of north India, including Delhi, Dehradun, Chandigarh, Jalandhar, Paonta Sahib, and Shimla.