Car Loan Panjim

Car Loan Panjim

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Best Bank For Car Loan in Panjim

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 Panjim Features

A car loan is a deal that helps the person to buy their favourite car without worrying about the payments. Dialabank provides a deal that allows the person to pay the cost of the car in partition rather than paying it at once. It is the best way to drive your dream car home.

Some of the features of car loan in Panjim are:

Easy monthly repayment options
Instantly available
Quick approval with minimum documentation
No hidden charges
Affordable interest Rates
The loan Tenure period varies from 1-7 years.

Why DialaBank?

We provide you with the loan without any hassle the comfort of your home.
We have tie-ups with top Banks and NBFCs to provide you with the best in class service.
We offer you the lowest rate of interest in the market.
We Charge no money from our customers for the services that we provide.
Our team of experts and Relationship managers helps you in every step of the journey to acquire a loan.

Car Loan Panjim 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

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Car Loan Panjim Documents Required

Documents required for car loan are as followed:

For Salaried:-

Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
Income Proof: Latest 3-month salary slip with form 16
Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
Bank Statement: Last 6 months.

For Self Employed:-

Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
Income Proof: Latest ITR
Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
Bank Statement: Last 6 months.

Car Loan Panjim Eligibility Criteria

The car loan eligibility requirements are as followed in Panjim:

For Salaried:-

Minimum age: 21 years
Maximum age at loan maturity: 65 years
Minimum employment: 1 year in current employment and a minimum of 2 years of employment
Minimum Annual Income: Rs 1,00,000 net annual income

For Self-Employed:-

Minimum age: 21 years
Maximum age at loan maturity: 65 years
Minimum employment: at least 3 years in sales
Minimum Annual Income: Net profit Rs. 60,000 p.a for regular cars and Rs.1,00,000 p.a. for mid-sized and superior cars

How to Apply for Car Loan in Panjim?

Applying for a car loan with Dialabank is an easy process. Follow the steps to apply for a car loan:

Visit our website Dialabank.
Click on the auto loan option and select the car loan option on the menu.
Fill out the form with the necessary details of your loan requirements.
Please wait for our team of experts to reach to get in touch with you.
You can also visit the nearest branch or call on 9878981166.

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Car Loan for Major Car Manufacturers in Panjim

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Panjim

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 Panjim

CIBIL score reflects your credit history of the past and your defaults in repayment in your previous loans. A good credit score is generally considered above 750 as most financial institutions believe in a high credit score. Every bank and NBFC has certain criteria for a CIBIL score they require to process a loan. A CIBIL score lower than 750 can attract a higher rate of interest.

A deficient CIBIL score might lead to rejection of your loan as it is the first thing a bank tracks before processing your loan.

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Car Loan Panjim Contact Number

For loan queries regarding car loans in Panjim, call us on 9878981166, and we would be happy to assist.

Pre Calculated EMI Table for Car Loan Panjim

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