Car Loan Narayangaon

Best Banks for Car Loan in Narayangaon

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 Narayangaon Features

⍟ Loan Approval in 30 Minutes
⍟ Lowest Rate of Interest
⍟ Up to 100% on Road Loan
⍟ Minimum Documentation
⍟ Paperless Process
⍟ Flexible Repayment
⍟ Zero Foreclosure
⍟ 24 x 7 Online Payment Facility
⍟ No Hidden Charges

Car Loan Narayangaon

Car Loan Narayangaon Eligibility Criteria

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 Narayangaon EMI Calculator

Car Loan Narayangaon 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 Narayangaon Fees and Charges: Leading Banks – Apr 28 2025

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 Narayangaon Documents Required

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 Narayangaon

Choose a shorter repayment for a Car Loan – People believe that lengthier repayment terms are better as EMIs for such a car loan is low. However, they don’t seem aware that lenders in Narayangaon view lengthier payback terms as an indication of a borrower’s low repayment capabilities, so they charge higher interest in Narayangaon.
Research and compare offer by different lenders – You should explore and compare the benefits offered by different lenders in Narayangaon. This can help you figure out the lenders in Narayangaon that provide the best interest rates and which lender in Narayangaon to choose for a car loan.
Maintain a modest debt-to-income ratio for a Car Loan – The debt-to-income ratio in Narayangaon measures how much of your income goes toward other loan repayments in Narayangaon. Lenders in Narayangaon take this into account when setting interest rates. So if your debt-to-income ratio is lower, you can get a car loan in Narayangaon easily.
Car Loan in Narayangaon Maintain a good credit score – Lenders in Narayangaon will be pleased to offer you a car loan with cheaper interest rates if you have a good credit score. Lenders in Narayangaon consider a credit score of above 750 to be reliable. Many lenders in Narayangaon may give auto loans to people with bad credit, but they demand a higher interest rate for such Car Loan Narayangaon.

How to Apply for a Car Loan in Narayangaon?

Visit dialabank
Select auto loan from the loan area, then click the car loan link.
The applicant will be routed to all of the vehicle loan information, including the ability to select their desired city.

Which Bank in Narayangaon Offers the Best Car Loans?

Many banks and NBFCs, like Private, SBI and HDFC, offer vehicle loans in Narayangaon. The finest lender in Narayangaon is one that provides you with a Car Loan Narayangaon at a reasonable interest rate and can provide the funds as quickly as possible.

Car Loan for Major Car Manufacturers in Narayangaon

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Narayangaon

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 Narayangaon

The applicant’s CIBIL must be greater than 700.
The loan is for a duration ranging from 60 to 84 months.
The applicant can claim a minimum of Rs. 1 lakh in credit. In addition, the top-up amount is twice the amount of the loan that has been paid.
Constables are not eligible for a car loan. People with a CIBIL score of 0 or 1 are likewise regarded, right consumers.
If the instalment is returned, the amount charged by the bank for that month will be doubled.

Car Loan Narayangaon Contact Number

For Car Loan Narayangaon queries, you can call 9878981166.

Pre Calculated EMI Table for Car Loan Narayangaon

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 Narayangaon

It is a town in the Maharashtra district of Pune. It is located in the Junnar taluka and has a pin code of 410504. It stands at the height of 656 meters. Dialabank’s services are now available in all corners of the country, making auto loans more accessible.

Car Loan Banks in Narayangaon

BANK NAME	BANK ADDRESS	BANK IFSC CODE
CANARA BANK	SOMWANSH BUILDING, PUNE NASIK ROAD, NARAYANGAON, DIST PUNE (MAHARASHTRA) – 410 504	CNRB0002569
DOMBIVLI NAGARI SAHAKARI BANK LIMITED	GROUND FLOOR, LAXMINARAYAN BUILDING, NEAR S.T. STAND, NARAYANGAON, TAL-JUNNAR, DIST. PUNE 410504	DNSB0000074
HDFC BANK	PHULSUNDAR SUPER MARKET, PUNE NASHIK HIGHWAY AT-PO- NARAYANGAON TAL-JUNNAR DIST-PUNE	HDFC0CLALAB
IDBI BANK	AP-WARD NO.06, WARULWADI (NARAYANGAON), PUNE-NASHIK HIGHWAY, TAL-JUNNAR, DIST-PUNE, PIN NO.410504	IBKL0001386
Private BANK LIMITED	Private BANK LTD, NEAR BUSTAND, PUNE NASHIK HIGHWAY, NARAYANGAON. 410504	ICIC0000954
KOTAK MAHINDRA BANK LIMITED	GROUND FLOOR, SWAMIRATNA BUILDING, PUNE-NASHIK HIGHWAY, OPP. HP PETROL PUMP, POST-NARAYANGAON, PIN 410504, TALUKA JUNNAR, DISTRICT PUNE. MAHARASHTRA.	KKBK0001754
RAJGURUNAGAR SAHAKARI BANK LIMITED	GRAMVAIBHAV COMPLEX, JUNNAR ROAD, NARAYANGAON, TALUKA AMBEGAON, DISTRICT PUNE,410504	RSBL0000006
STATE BANK OF INDIA	650 BY 2 B, SHRIKRISHNA PLAZANEAR S T STAND, NARAYANGAON TALUKJUNNAR 410504	SBIN0011130

FAQ’s About Narayangaon Car Loan

✅ Should you place a deposit on a car?

You’ll almost certainly get a better interest rate. A bigger down payment also speeds up the process of building equity and protects both you and There are numerous benefits to putting money down on a vehicle. The bigger the down payment, the cheaper your monthly payment will be—and the lender from depreciation and eventual loss.

✅ When is the ideal time to purchase a car?

The months of October, November, and December are ideal for purchasing a vehicle in Narayangaon. Car dealerships set sales quotas and are usually broken down into yearly, quarterly, and monthly sales targets. Finally, late in the year, all three goals start to come together.

✅ Is it possible for you to repay a car loan?

Depending on the auto dealer in Narayangaon, you may be allowed to return a financed vehicle and cancel the agreement within a certain time frame, usually three days after purchase. A return policy is void if excessive mileage or damage is excessive, and the dealership in Narayangaon will not take the vehicle. Be aware that you will have to pay interest on your Narayangaon car loan.