Best Banks for Car Loan in Sopore
Car Loan Sopore Features
Everyone loves their family, and we need their safety at any cost, so why risk them by traveling on a scooter or a motorcycle. A car is the safest option to travel and is comfortable too. You can easily get a car loan by the Car Loan facility provides by us.
A car loan is a financial help provided by banks and NBFC’s to fulfill your dream of having your own car. They provide necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car. Car Loan is a secured loan with easy repayment options. The loan amount is offered on Interest charges which vary from bank to bank. One can pay for the vehicle in easy installments.
Features of car loan in Sopore are:
- Easy monthly repayment options
- Instant car loan available
- Loan Tenure period varies from 1-7 years
- Affordable interest Rates
- No hidden charges
- Quick approval with minimum documentation
Car Loan Sopore 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 Sopore 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 Sopore Eligibility Criteria
The car loan eligibility requirements are as followed in Sopore:
Salaried Individuals
- The age should be a minimum of 21years.
- The maximum age should not be more than 60 years.
- A minimum of 1 year in current employment and a previous minimum of 2 years of total 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.
Car Loan for Major Car Manufacturers in Sopore
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan Sopore
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
Car Loan Sopore Agent Contact Number
To get an easy and instant car loan you can visit DialaBank or call on 9878981166 to get personalized assistance. Our relationship managers are well trained and will assist you in the best ever way possible in order to provide you with a deal most suited for you.
Pre Calculated EMI Table for Car Loan Sopore
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 Sopore
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