Narmada Jhabua Gramin Bank Car Loan Key Features – Sep 21 2024
| Narmada Jhabua Gramin Car Loan Interest Rate | 7.35% per annum |
| Min Loan Amount | ₹ 100,000 |
| Max Loan Amount | Loan up to 90% of On Road Price |
| (Loan to Value) | or 100% of Ex-showroom Price |
| Narmada Jhabua Gramin 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). |
| Narmada Jhabua Gramin 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 |
About Narmada Jhabua Gramin Bank Car Loan
Narmada Jhabua Gramin Bank is a Gramin Bank in India established on 01-11-2012. It has headquartered in Indore, and its address is 201 Arcade Silver, New Palasia, Indore – 452 001, Madhya Pradesh. It has 400 branches across the state. Narmada Jhabua Gramin Bank Car Loan Interest Rates, Car Loan at 10% Updated on 20 Jan 2021. Apply for Car Loans Online. Find Narmada Jhabua Gramin Bank Car loan purpose, Eligibility, Margin, Repayment of Car Loan, Security, Documents Required for Car Loan.
Advantages of Narmada Jhabua Gramin Bank
Narmada Jhabua Gramin Bank Car Loan Eligibility
| Salaried Individual |
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| Self-Employed Individuals |
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| Self-Employed Non-Individuals (Company/Partnership) |
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| Priority Customers |
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Narmada Jhabua Gramin Bank Car Loan Interest Rate, Fees, and Charges
| Charges | New Car Loan | Used Car Loan |
| Interest Rate | 7.35% per annum |
14.80% p.a. to 16.80% p.a. |
| HDFC 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 |
| HDFC 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 |
Narmada Jhabua Gramin Bank Car Loan Documents Required
Salaried Individual
| Category | Documents Required |
| Identity Proof | Passport Voter ID Aadhar Card Driving License |
| Address Proof | Aadhar Card PAN Driving License Electricity Bill |
| Date of Birth Proof | Passport Birth Certificate High School Marksheet Driving Licence |
| Signature Proof | 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 |
Self-Employed Individuals
| Category | Documents Required |
| Identity Proof | PAN Card Passport Voter ID Aadhar Card |
| Address Proof | PAN Card Voter ID Passport Electricity Bill |
| Date of Birth Proof | Birth Certificate Passport Driving License PAN |
| Signature Proof | 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 |
Partnership Firms/Societies
| Category | Documents Required |
| Identity Proof | Driving License PAN Card Aadhar Card Passport |
| Address Proof | 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 |
Private Limited/Limited Companies
| Category | Documents Required |
| Identity Proof | The latest copy of MOA and AOA Copy of Incorporation |
| Address Proof | 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. |
Narmada Jhabua Gramin Bank Car Loan EMI Calculator
The applicant can calculate its EMI on the Car Loan before even availing it by following the address below:
Narmada Jhabua Gramin Bank Car Loan Types
There’s a long list of Car Loan Products provided by Narmada Jhabua Gramin Bank Car Loan. Choose among them according to your desires. Lit of Car Loan provided by Narmada Jhabua Gramin Bank Car Loan:
Narmada Jhabua Gramin Bank Car Loan offers different types of car loans to its customers. You have the option of choosing the offer which suits your need the best. It offers the following types of Car Loans:
- New Car Loan – Applicants looking to buy a new car can go for this. You can get a car loan for a minimum amount of Rs. 1 lakh and tenure up to 7 years.
- Used Car Loan – Individuals wanting to buy used cars can avail Used Car loan with a minimum amount of Rs. 1 Lakh and a tenure of 5 years.
- Loan Against Car – Applicants with the urgency of funds can go for this loan by providing their car as a gauge and getting a loan amount against it.
Narmada Jhabua Gramin Bank Car Loan Pre Calculated EMI
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
How to Apply for Narmada Jhabua Gramin Bank Car Loan?
- Reach out to Dialabank at https://dialabank.com and provide the information asked on the form.
- Our Relationship Manager will contact you shortly to guide you through the Narmada Jhabua Gramin Bank car loan process.
- Compare and select from various options available.
- Applying for a Car Loan with Dialabank helps you avail of the various offers.
FAQs for Narmada Jhabua Gramin Car Loan
✅ What is Narmada Jhabua Gramin Car Loan?
Narmada Jhabua Gramin Car Loans is financial support provided by the bank to its customers to buy their dream car.
✅ How can I get a Car Loan from Narmada Jhabua Gramin Bank?
Apply with Dialabank to get Narmada Jhabua Gramin Car Loan in the most reliable manner.
✅ How does Narmada Jhabua Gramin Car Loan work?
Narmada Jhabua Gramin provides a car loan by securing the new car bought as collateral against the loan. Apply for a Car Loan with the necessary documents and park a new car in your parking while repaying the loan amount in easy EMIs. However, A minimal Rate of Interest is charged against the loan.
✅ What is the Car Loan Interest Rate in Narmada Jhabua Gramin?
Narmada Jhabua Gramin car loan rate starts from
7.35% per annum
. Interest Rate is the cost of borrowing money, expressed as a percentage of the loan amount.✅ How to Check the Narmada Jhabua Gramin Bank Car Loan status?
Go to Narmada Jhabua Gramin Bank’s official web handle and provide the important details regarding your loan, i.e. Narmada Jhabua Gramin car loan details and get the status of the same in seconds. You can contact the nearest branch also for knowing the status of your Car Loan.
✅ How to check the Narmada Jhabua Gramin car loan interest calculator?
Use Dialabank EMI Calculator to calculate Interest Rate as well as EMI. Follow the link below to direct yourself to the calculator:
Dialabank Calculator
✅ What is the maximum loan amount I can avail myself of on a Car Loan from Narmada Jhabua Gramin Bank?
You can avail Loan up to 100% of the vehicle’s Ex-Showroom price.
✅ What is the loan tenure of Narmada Jhabua Gramin Bank Car Loan?
The loan tenure of Narmada Jhabua Gramin Car Loan is 1 Year to 7 Years in New Car and 1 Year to 5 Years in the case of Used Cars.
✅ Can I get a 100% Car Loan from Narmada Jhabua Gramin Bank?
Yes, you can get a 100% Car Loan from Narmada Jhabua Gramin Bank on the Ex-Showroom price of the vehicle.
✅ How much Processing Fee is applicable on Narmada Jhabua Gramin Car Loan?
Narmada Jhabua Gramin Car Loan charges 0.40% of Principal Amount as the Processing Fee, which can go up to a maximum amount of Rs.10,000.
✅ What are the EMI options available on the Narmada Jhabua Gramin Bank car loan?
Narmada Jhabua Gramin bank car Loan Provides two EMI options Step-up EMI and Balloon EMI.
✅ What are the charges for Narmada Jhabua Gramin Car Loan Payment or Prepayment?
Foreclosure of Narmada Jhabua Gramin car loan is 6% of the loan/paying off the loan before the tenure ends.
✅ Can I get a top-up loan on my existing Narmada Jhabua Gramin Bank car loan?
Narmada Jhabua Gramin provides Zero paperwork Top-up instantly against existing Car Loans on a fixed reducing Rate of Interest.
✅ Do I need to provide a guarantor to avail myself of a car loan from Narmada Jhabua Gramin Bank?
A big NO, Narmada Jhabua Gramin doesn’t ask for any guarantor to avail Car Loan.
✅ How to get Narmada Jhabua Gramin Car Loan Statement?
Get your Narmada Jhabua Gramin Car Loan statement by following the mentioned steps:
1. Go on to Narmada Jhabua Gramin Bank official website.
2. log in to “Loan Status” with your Narmada Jhabua Gramin car loan login credentials and get the statement.
OR
You can directly visit the nearest branch for your Loan Statement.
✅ How to Pay Narmada Jhabua Gramin Bank Car Loans Interest Online?
Pay your Narmada Jhabua Gramin Car Loan Interest directly through Narmada Jhabua Gramin Bank’s website and by providing your Loan Account Number and pay using Net Banking or Debit/Credit Cards. You can also use Paytm for paying your Narmada Jhabua Gramin car Loan Interest.
✅ What if I can’t pay the interest on Narmada Jhabua Gramin Car Loan for 3 months?
Narmada Jhabua Gramin charges 24% of the outstanding amount or a Fee ranging from Rs.500 to Rs.5000 for not paying the EMI for 3 months.
✅ How can I apply for EMI Moratorium on Narmada Jhabua Gramin Car Loan?
You can apply for EMI Moratorium on Narmada Jhabua Gramin Car Loans directly from the HDFC website’s Loan corner.
✅ What is the number for Narmada Jhabua Gramin Car Loan agent?
Call Dialabank at 9878981166 as it is one of the most trusted Vidharbha Konkan Gramin Car Loan agents. Dialabank even ensures the best offers on your Car Loan.
✅ Can I close the Narmada Jhabua Gramin car loan online?
Narmada Jhabua Gramin car Loan can be closed by visiting the nearest branch and clearing off the outstanding amount.
✅ What is Narmada Jhabua Gramin Car Loan Customer Care Number?
For contacting Narmada Jhabua Gramin Car Loan NOC Customer Care all 9878981166 and clear any of your queries with us anytime.
✅ How can I get from Narmada Jhabua Gramin Car loan NOC?
You can get Narmada Jhabua Gramin bank Car Loan NOC directly from the branch for HDFC.
✅ What is the Narmada Jhabua Gramin Car Loan closure procedure?
- Just go to the bank with the documents.
- Write a letter for pre-closure of the Narmada Jhabua Gramin Car Loan account.
- Pay the pre-closure charges as per Narmada Jhabua Gramin Car Loan.
✅ What are the Narmada Jhabua Gramin Gramin Car Loan preclosure charges?
Narmada Jhabua Gramin Car Loan preclosure charges are up to 6%+ GST.
✅ What is the Narmada Jhabua Gramin Car Loan maximum tenure?
The Narmada Jhabua Gramin Car Loan maximum tenure is 7 years.
✅ What is the Narmada Jhabua Gramin Car Loan minimum tenure?
The Narmada Jhabua Gramin Car Loan minimum tenure is 1 year.
