Jana Small Finance Bank Car Loan Key Features – Jan 2021
| Jana Small Finance Bank Car Loan Interest Rate | 7.35% per annum |
| Min Loan Amount | ₹ 50,000 |
| Max Loan Amount (Loan to Value) |
Loan up to 80% to 100% of On Road Price |
| Loan Tenure | 1 year to 7 years |
| Lowest EMI / Lac | ₹ 1,526 |
| Minimum Net Monthly Income | ₹ 20,000 |
| Minimum ITR for Self Employed | ₹ 300,000 |
| 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). |
| Processing Fee | Up to 2% of the loan amount |
| Foreclosure Charges | NIL |
| Basic Documentation | ID Proof, Address Proof, Salary Slip, Bank Statement and Car Quotation |
About Jana Small Finance Bank Car Loan
Jana Small Finance Bank is a major bank modulate by the Reserve Bank of India. Jana Small Finance Bank has 407 branches all over India.
Jana Small Finance Bank provides Car Loan who wants to purchase a Car. It provides you with flexible repayment options. Also, provides low-interest rates for higher loan amount for Car Loan.
Jana Small Finance Bank offers Car Loans at reasonable interest rates to the customer for purchasing a car either new or second-hand. A car loan is easily available who have a good credit/CIBIL score.
Jana Small Finance Bank Car Loan Eligibility
Eligibility criteria for car loan are discussed in the below contents.
| Salaried Individual |
|
| Self-Employed Individuals |
|
| Self-Employed Non-Individuals (Company/Partnership) |
|
| Priority Customers |
|
Jana Small Finance Bank Car Loan Interest Rate, Fees and Charges
Details on car loan interest rate and other charges are given below:
| Charges | New Car Loan | Used Car Loan |
| Interest Rate | 7.35% per annum |
Starts@11.20% |
| Processing fee | 2% of the loan amount | 2% of the loan amount |
| Issuance of Duplicate Repayment Schedule Charges | Rs.500 per instance | Rs.500 per instance |
| Foreclosure Charges | NIL | NIL |
| Penal Interest | 2% per month | 2% per month |
| Part Payment charges | 2% of the paid amount | 2% of the paid amount |
| Cheque/Instrument Swap Charge | NIL | NIL |
| Documentation Charge | Rs.1,500 per instance | Rs.1,500 per instance |
| Issuance of Duplicate No Dues Certificate Charges | NIL | NIL |
| Registration Certification Collection Charge | NIL | NIL |
| Cheque Bounce/Instrument Return Charges | Rs. 300 | Rs. 300 |
| Issuance of Duplicate Statement Charges | Rs. 25 | Rs. 25 |
| Loan Cancellation/Re-booking Charges | NIL | NIL |
| Issuance of Credit Report | Rs.50 per instance | Rs.50 per instance |
Jana Small Finance Bank Car Loan Documents Required
Documents required for a car loan and other eligibility are discussed below.
Salaried Individual
| Category | Documents Required |
| Identity Proof
(Any 1) |
Driving Licence Aadhaar Card Passport PAN Voter ID |
| Address Proof
(Any 1) |
Driving Licence Aadhaar Card Passport PAN Voter ID |
| Date of Birth Proof
(Any 1) |
Birth Certificate Passport Driving Licence PAN |
| Signature Proof
(Any 1) |
Passport Bankers Verification PAN |
| Income Proof | Latest Form 16 and Salary Slips |
| Bank Statement | Bank statement of last 3 months |
| Employment Continuity Proof | Work Experience Certificate ITR of Form 16 Salary Slip with Joining Date Appointment Letter Letter of Relieving |
Self-Employed Individuals
| Category | Documents Required |
| Identity Proof (Any 1) | Driving Licence Aadhaar Card Passport PAN Voter ID |
| Address Proof (Any 1) | Driving Licence Aadhaar Card Passport PAN Voter ID |
| Date of Birth Proof (Any 1) | Birth Certificate Passport Driving Licence PAN |
| Signature Proof (Any 1) | Passport Bankers Verification PAN |
| Income Proof | Latest Form 16 and Salary Slips |
| Bank Statement | Bank statement of last 3 months |
| Employment Continuity Proof | Shop & Establishment Act Certificate Current Account Statement SSI or MSME Registration Certificate Sales Tax or VAT Certificate |
| Business Proof | Current Account Statement Telephone Bill Electricity Bill Shop & Establishment Act Certificate SSI or MSME Registration Certificate Sales Tax or VAT Certificate Registered Lease Document with other utility bills |
Self-Employed Non-Individuals
1. Partnership Firms/Societies
| Category | Documents Required |
| Identity Proof (Any 1) | Driving Licence Aadhaar Card Passport PAN Voter ID |
| Address Proof (Any 1) | Driving Licence Aadhaar Card Passport PAN Voter ID |
| Income Proof | Audited Balance Sheet P&L Account and ITR for the previous 2 years |
| Bank Statement | Bank statement of last 3 months |
| Business Continuity Proof | Shop & Establishment Act Certificate Current Account Statement SSI or MSME Registration Certificate Sales Tax or VAT Certificate |
| Additional documents | Authority Letter/PAN cards |
2. Private Limited/Limited Companies
| Category | Documents Required |
| Identity Proof | Copy of Latest MOA Copy of Incorporation Copy of Latest AOA |
| Address Proof (Any 1) |
Current Account Statement
Telephone Bill Electricity Bill Shop & Establishment Act Certificate SSI or MSME Registration Certificate Sales Tax or VAT Certificate Registered Lease Document with other utility bills |
| Income Proof | Audited Balance Sheet P&L Account and ITR for the previous 2 years |
| Bank Statement | Bank statement of last 3 months |
| Business Continuity Proof | Shop & Establishment Act Certificate Current Account Statement SSI or MSME Registration Certificate Sales Tax or VAT Certificate |
| Additional documents |
List of Directors and Shareholding Partners
PAN Card Board Resolution Certificate of Commencement of Business for Ltd. Co. |
Jana Small Finance Bank Car Loan EMI Calculator
An applier has the option to check the EMI’s before availing of a Car Loan. So, you can easily check through the link below:
Jana Small Finance Bank Car Loan Types
Jana Small Finance Bank offers 3 types of car loans to its customers. You have the option of picking the offer which suits your need the best. Jana Small Finance Bank offers the following types of Car Loans:
- New Car Loan – If you want to purchase a new car, this is the scheme for you. You can get a Car Loan from Jana Small Finance Bank for a minimum of Rs. 50,000 and a minimum tenure of 7 years.
- Used Car Loan – If you wish to buy a used car from Jana Small Finance Bank then you can choose to offer a minimum loan of Rs. 50,000 and a minimum tenure of 5 years.
- Loan Against Car – You can choose this proposal if you need urgent funds from Jana Small Finance Bank where you can keep your cars as security with the bank.
Jana Small Finance Bank Car Loan Pre Calculated EMI
| Loan Amount | 2 Years | 3 Years | 5 Years | 7 Years |
| 1 Lakh | ₹ 4,480 | ₹ 3,090 | ₹ 1,982 | ₹ 1,512 |
| 3 Lakh | ₹ 13,439 | ₹ 9,270 | ₹ 5,947 | ₹ 4,535 |
| 5 Lakh | ₹ 22,398 | ₹ 15,450 | ₹ 9,912 | ₹ 7,559 |
| 10 Lakh | ₹ 44,795 | ₹ 30,900 | ₹ 19,825 | ₹ 15,117 |
How to Apply for Jana Small Finance Bank Car Loan?
- Visit Dialabank and fill a form online.
- Our Relationship Manager will call you and assist you throughout the processing of the car loan.
- You can compare different offers from banks and opt according to your suitability.
- You can easily apply for a Car Loan through Dialabank and enjoy offers.
Jana Small Finance Bank Car Loan for Top Selling Cars
Other Available Products from Jana Small Finance Bank
FAQs for Jana Small Finance Bank Car Loan
✅ What is Jana Small Finance Bank Car Loan?
Jana Small Finance Bank Car Loan is a car loan offered to you to purchase a car either new or used.
✅ How can I get a Car Loan from Jana Small Finance Bank?
You can get a car loan from Jana Small Finance Bank by visiting the Jana Small Finance Bank’s nearest branch. You will get satisfaction to apply from anywhere.
✅How does Jana Small Finance Bank Car Loan work?
Jana Small Finance Bank works in providing funds at reasonable interest rates. You can get a car loan easily and quickly. Jana Small Finance Bank provides flexible loan tenure duration.
✅What is the Car Loan Interest Rate in Jana Small Finance Bank?
The interest rate in Jana Small Finance Bank for a car loan starts at
7.35% per annum
.✅How to Check Car Loan status in Jana Small Finance Bank?
You must visit the Jana Small Finance Bank branch to check your car loan status. Also, you can use the net-banking facility of Jana Small Finance Bank.
✅How to Calculate Car Loan interest in Jana Small Finance Bank?
For the calculation of your car loan interest in Jana Small Finance Bank, the following information is required:
- Loan tenure
- Loan amount
- Interest rate
You can calculate your car loan interest and EMI of Jana Small Finance Bank through the EMI calculator.
✅What is the maximum loan amount I can avail myself on a Car Loan from Jana Small Finance Bank?
The maximum loan amount you can avail of for a car loan from Jana Small Finance Bank is up to 80% -100% On Road Price.
✅What is the loan tenure of Jana Small Finance Bank Car Loan?
The loan tenure period of Jana Small Finance Bank ranges between 1 to 7 years.
✅Can I get a 100% Car Loan from Jana Small Finance Bank?
Yes, you can get loan up to 100% car loan from Jana Small Finance Bank.
✅How much processing fee is applicable on Jana Small Finance Bank Car Loan?
A 2% processing fee is applicable to Jana Small Finance Bank for getting a car loan.
✅What are the EMI options available on Jana Small Finance Bank Car Loan?
The EMI option available on Jana Small Finance Bank car loan is Step-up EMI.
✅What are the charges for Prepayment in Jana Small Finance Bank Car Loan?
No prepayment charges in Jana Small Finance Bank for availing of a car loan.
✅Can I get a top-up loan on my existing Jana Small Finance Bank Car Loan?
Yes, you can get a top-up loan on your existing Jana Small Finance Bank car loan. Also, get a top-up car loan by visiting the online platform of Dialabank.
✅Do I need to provide a guarantor to avail myself a car loan from Jana Small Finance Bank?
No, you do not need to provide a guarantor for getting a car loan from Jana Small Finance Bank.
✅How to get a Jana Small Finance Bank Car Loan Statement?
For getting a car loan statement of Jana Small Finance Bank, you can utilize Jana Small Finance Bank’s mobile banking app. Also, visit the nearest branch of Jana Small Finance Bank.
✅How to pay Jana Small Finance Bank Car Loan interest online?
You can pay your car loan interest through the net-banking services of Jana Small Finance Bank. If you want a low-interest car loan, you must visit Dialabank online.
✅What if I can’t pay the interest on Jana Small Finance Bank Car Loan for 3 months?
If you can’t pay the interest on Jana Small Finance Bank Car Loan for 3 months, then it will put on to the outstanding loan amount and repayment charges will reframe.
✅How can I apply for EMI Moratorium on Jana Small Finance Bank Car Loan?
You can apply for EMI Moratorium on Jana Small Finance Bank by visiting the nearby branch of Jana Small Finance Bank or you can submit a request through an email. Also, if you want relief for the balance duration, you must apply through Dialabank.
✅What is the number for Jana Small Finance Bank Car Loan agent?
The number for Jana Small Finance Bank Car Loan agent is 9878981166.
✅Can I close the Jana Small Finance Bank car loan online?
You can close your car loan from Jana Small Finance Bank by using the net-banking page of Jana Small Finance Bank. You have to log in with your details on the net -banking page and pay your car loan.
✅What is Jana Small Finance Bank Car Loan Customer Care Number?
The customer care number of Jana Small Finance Bank for car loan queries is 9878981166.
✅How can I get NOC from Jana Small Finance Bank for a car loan?
You can get a car loan NOC from Jana Small Finance Bank after the payment of your car loan. Then, visit the bank branch to collect the NOC.
✅ What is the Jana Small Finance Bank Car Loan closure procedure?
- Just go to the bank with the documents.
- Write a letter for pre-closure of the Jana Small Finance Bank Car Loan account.
- Pay the pre-closure charges as per Jana Small Finance Bank Car Loan.
✅ What is the Jana Small Finance Bank Car Loan preclosure charges?
Jana Small Finance Bank Car Loan preclosure charges zero preclosure charges.
✅ What is the Jana Small Finance Bank Car Loan maximum tenure?
The Jana Small Finance Bank Car Loan maximum tenure is 7 years.
✅ What is the Jana Small Finance Bank Car Loan minimum tenure?
The Jana Small Finance Bank Car Loan minimum tenure is 1 year.
