Best Banks for Car Loan in Radhanpur
Car Loan Radhanpur Features
Do you want to have your car? an automobile has become a necessity, in today’s fast-moving world. But not everyone is able to afford the huge price for these luxurious cars. To avail of the car loan which plays an important role in buying the new car, this is where we dialabank come in to help you.
With easy repayment options available, a Car Loan is a secured loan through various banks. In exchange for Interest charges on the principal amount, the loan amount is offered which varies from one bank to another.
Depending upon certain factors like your income, CIBIL scores the car loan requirements vary. So if you are thinking of purchasing your dream car in Radhanpur, get an instant Car loan with DialaBank at an affordable best car loan interest rate.
Car Loan Radhanpur Interest Rates
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 Radhanpur Documents Required
The following are the documents required for a car loan must be provided for a car loan application instant approval:
For Salaried Individuals:
- Proof of Identity: Passport copy, Voters ID card, PAN Card, Driving License
- Income Proof: form 16 with the latest 3-month salary slip.
- Residence Proof: Ration card / Voters card / Passport Copy /Driving license / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed Individuals:
-
- Identification Proof: Passport copy, PAN Card, Driving License, Voters ID card
- Income Proof: Latest ITR
- Address Proof: Life Insurance Policy / Ration card/ Voters card / Passport Copy /Driving license / Telephone Bill / Electricity Bill / PAN Card
- Bank Statement: Last 6 months.
Car Loan Radhanpur Eligibility Criteria
Applicant must check the car loan eligibility criteria points before applying for a Car loan;
For Salaried Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: a minimum of 2 years of employment experience and 1 year in current 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 Rs. 60000 per annum for standard cars, Rs.100000 per annum for mid-sized and premium cars.
These are some Eligibility Criteria For Car loan
Car Loan for Major Car Manufacturers in Radhanpur
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan Radhanpur
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 Radhanpur
To describe your creditworthiness of the past, the CIBIL score is a numeric value that is used. So, while availing a car loan, it is an important factor to keep in mind. The CIBIL score required for car loans in Radhanpur may vary from one lender to another due to the presence of a huge number of lenders nowadays.
A CIBIL score of 750 and above to process your car loan application is required by most banks. To get your loan sanctioned you might be required to pay a heavy interest rate on the loan amount, in case of a low CIBIL score.
Car Loan Radhanpur Contact Number
For any queries regarding the car loan in Radhanpur, you may contact us on the number 9878981166.
Pre Calculated EMI Table for Car Loan Radhanpur
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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