Car Loan for Ford Aspire: Features & Benefits
| Ford Aspire Car Loan Interest Rate | 7.35%* per annum |
| Ford Aspire Car Loan Min Loan Amount | ₹ 100,000 |
| Ford Aspire Car Loan Max Loan Amount | Loan up to 90% of On Road Price |
| (Loan to Value) | or 100% of Ex-showroom Price |
| Ford Aspire Car Loan Tenure | 1 year to 7 years |
| Lowest EMI / Lac | ₹ 1,622 |
| Minimum Net Monthly Income | ₹ 20,000 |
| Minimum ITR for Self Employed | ₹ 2,00,000 |
| Age Criteria | Salaried: 21 years to 60 years Self Employed: 21 years to 65 years |
| Types of Cars | For All New Passenger Cars, Multi Utility Vehicles (MUVs), and Sport Utility Vehicle (SUVs). |
| Ford Aspire Car Loan Processing Fee | 0.40% of the principal amount |
| Foreclosure Charges | 6% (7-12 months) |
| Basic Documentation | Address Proof, Bank Statement, Car Quotation, and ID Proof |
Ford Aspire Car Loan Eligibility Criteria
| Salaried Individual |
|
| Self-Employed Individuals |
|
| Self-Employed Non-Individuals (Company/Partnership) |
|
| Priority Customers |
|
Ford Aspire Car Loan EMI Calculator
Ford Aspire Car Loan EMI starts at Rs 7,997 per month for a tenure of 60 months @ 9.8 for a loan amount of Rs 3.78 Lakh. The EMI Calculator tool on Dialabank gives a detailed break-up of the total payable amount and helps you find the best car finance for your Ford Aspire. To check your EMI visit the Dialabank EMI Calculator page.
Ford Aspire Car Loan Interest Rate, Fees, and Charges
| Charges | New Car Loan | Used Car Loan |
| Interest Rate | 7.35% | 11.80% p.a. to 13.80% p.a. |
| Ford Aspire Car Loan Processing fee | 0.40% | 0.40% |
| Issuance of Duplicate Repayment Schedule Charges | Around Rs.500 | Around Rs.500 |
| Foreclosure Charges | 6% | 6% |
| Penal Interest | 2% PM | 2% PM |
| Ford Aspire 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 |
Documents Required for Ford Aspire Car Loan
Ford Aspire Car Loan 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 |
Ford Aspire Car Loan 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 |
Ford Aspire Car Loan Self-Employed Non-Individuals
Ford Aspire Car Loan 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 |
Ford Aspire Car Loan 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. |
Ford Aspire
 |
Price – Rs.7.27 – 8.72 Lakh |
Ford Aspire Price
The Ford Aspire is priced between Rs. 7.27 lakh and Rs. 8.72 lakh. The Ford Aspire comes in four different models, with the Titanium being the most affordable and the top-of-the-line Ford Figo Aspire Titanium Plus Diesel costing Rs. 8.72 lakh.
Prices of Ford Aspire Ex-showroom Delhi
| Variants | On-Road Price |
| Figo Aspire Titanium Diesel | Rs.8.37 Lakh |
|
Figo Aspire Titanium
|
Rs.7.27 Lakh |
|
Figo Aspire Titanium Plus
|
Rs.7.62 Lakh |
|
Figo Aspire Titanium Plus Diesel
|
Rs.8.72 Lakh |
Down Payment required for Ford Aspire Car Loan
Lenders usually fund 90% of the On-Road Price of the Ford Aspire. Some consumers may also be eligible for 100% financing. The down payment is the difference between the On-Road Price of the Ford Aspire and the loan amount. The principal and length of the loan decide the Ford Aspire interest rate the most. Customers can also negotiate a lower interest rate on their loan with the lender. Lenders usually finance 90% of the Ford Aspire On-Road Price. Some consumers may also be eligible for 100% financing.
About Ford Aspire
The Ford Aspire is a 5-seater sedan that costs between Rs. 7.27 and Rs. 8.72 lakh*. It comes in four different configurations, with two BS6-compliant engine options and a single manual transmission. The Aspire has a kerb weight of 1063-1091kg, a ground clearance of 174mm, and a boot room of 359 litres, among other features. The Aspire comes in five different colours. Over 712 user reviews for Ford Aspire based on mileage, performance, price, and overall experience.
Ford Aspire Mileage
The Ford Aspire mileage is 18.5 to 24.4 kmpl. The Manual Diesel variant has a mileage of 24.4 kmpl. The Manual Petrol variant has a mileage of 18.5 kmpl.
| Fuel Type | Transmission | ARAI Mileage |
|---|---|---|
| Diesel | Manual | 24.4 kmpl |
| Petrol | Manual | 18.5 kmpl |
How to get Ford Aspire Car Loan
- Visit the official page of Dialabank
- Go to the Car Loan option and fill up all the required information asked, like name etc.
- Our relationship manager will get in touch with you over your application and solve all your doubts.
- Contact Dialabank at 9878981166 for further queries.
Ford Aspire News
The Ford Ecosport, Figo, Aspire, Freestyle, and Endeavour will be up to 3% more expensive from April.
With the start of the new fiscal year approaching, several manufacturers have announced price increases for their products. Ford is the latest to jump on board, with a 3% increase around the board beginning in April. Different versions would have different increments.
Beginning in 2023, Ford vehicles will be equipped with Android-based infotainment systems.
- Ford has confirmed a six-year strategic relationship with Google, which will begin in 2023.
- Ford cars will now have Android-powered systems with Google app services built-in.
- To maximise benefits, a new group called Team Upshift is being created.
- For AI, machine learning, and data analytics, Ford can use Google’s cloud services.
- FordPass connected car technology is standard on all existing Ford models in India.
FAQs
✅ What is the Minimum and Maximum Loan Amount for Ford Aspire Car Loan?
The minimum loan amount is Rs 100,000, and the maximum loan amount is Loan up to 90% of On Road Price.
✅ What is the Ford Aspire Car Loan Tenure?
One year – 7 years is the loan tenure for Ford Aspire Car Loan.
✅ What is the Ford Aspire’s on-road price?
The Aspire starts at Rs. 8,18,206 on the road in Delhi. RTO fees and insurance are included in the on-road price.
✅ What are the current Ford Aspire offers for May?
In Delhi, there is one bid on the Ford Aspire for May 2021.
✅ Which is the better vehicle, the Aspire or the Dzire?
The Aspire costs Rs 7.27 lakh ex-showroom, while the Dzire costs Rs 5.98 lakh ex-showroom. Compare the prices, features, and specifications of these two models.
✅ What will the Ford Aspire’s EMI or down payment be?
The Ford Aspire EMI starts at Rs 15,892 per month for a loan sum of Rs 7.51 lakh with a 60-month term and a down payment of Rs 84,000.
✅ Is there a sunroof on the Ford Aspire?
The Ford Aspire lacks a sunroof.
