Best Banks for Car Loan in Nimbahera
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 Nimbahera Features
If you are a resident of Nimbahera and want to own your dream car but can’t pay the entire amount out of your own pocket, voila! You have found the right people! Dialabank is here to help you get a car loan with great convenience for both brand-new and second-hand cars, and for both ex-showroom and on-road prices and with a wide range of appealing features such as:
- Appealing interest rates as low as 8.5% p.a. and affordable EMIs
- no hidden charges
- Early settlement of the pending amount of loan is subjected to the prepayment penalty.
- Almost all major banks and NBFCs offer car loans in Nimbahera in your vicinity and have a tie-up with Dialabank
- The documentation process is quick and hassle-free and with us, it can be done in record time.
- Car loans are easily available through DialaBank from the comfort of your houses, only by a few steps on our website.
Car Loan Nimbahera Interest Rates
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
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Car Loan Nimbahera Documents Required
Documents required for car loan are as followed:
For Salaried Individuals
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: – Latest 3-month salary slip with form 16
- Residence Proof: Any one of the following (Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill)
- 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 Nimbahera Eligibility Criteria
The car loan eligibility criteria requirements are as followed in Nimbahera:
For Salaried Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment Required: Minimum of 1 year in current employment and at least 2 years of total employment
- Minimum Annual Income: Rs 100000 net annual income.
For Self Employed Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: at least 3 years in business
- Minimum Annual Income: Net profit of at least Rs. 60000 p.a for standard car loans and approx. Rs.100000 p.a. for mid-sized and premium cars.
Car Loan for Major Car Manufacturers in Nimbahera
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan in Nimbahera
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
|
>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 Nimbahera
The CIBIL score determines your creditworthiness. A higher Credit score means good credit history and makes the banks and NBFCs willing to offer you loans, on the other hand, a lower score might get your application rejected so that the banks can avoid bad loans.
Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your car loan application process in Nimbahera. This score may again vary from bank to bank.
Car Loan Nimbahera Contact Number
In case of any queries regarding the car loan in Nimbahera, you may dial-up the number 9878981166 for any sort of assistance!
Pre Calculated EMI Table for Car Loan Nimbahera
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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