Nissan Kicks Car Loan: Features & Benefits
| Interest Rate Nissan Kicks Car Loan | 8.50% – 10.5 % Per Annum |
| Loan Amount | Upto 100% of the total amount |
| Tenure | 12 – 84 Months |
| Lowest EMI per Lakh | Rs 1,666 |
| Processing Fee | Rs 2,500 – Rs 10,000 |
| Prepayment Charges | Varies with Banks |
Nissan Kicks Car Loan Eligibility Criteria:
|
Particulars |
Details |
| Minimum Age of the Applicant | 18 years |
| Maximum Age of the Applicant | 60 years for salaried applicants and 65 years for self-employed applicants |
| Minimum Annual Income | Rs. 100000 net annual income. for salaried individuals,
and Net profit Rs. 60000 p.m. for Self – Employed individuals |
| Car Model | Any approved car model |
| Type of Employment | Salaried or self-employed |
| Country or Place of Residence | India (rural/semi-urban/urban areas) |
| Duration of Stay in Current Residence |
A minimum of 1 year |
Nissan Kicks Car Loan EMI Calculator:
Equated Monthly Instalment (acronym – EMI) is the amount to be paid to the Bank/NBFC till the loan is completely repaid. It includes the amount that the bank paid to cover the charges for Nissan Kicks Car Loan* and the interest on that amount.
DialaBank provides the ideal Car Loan EMI Calculator for Nissan Kicks Car Loan. The EMI Calculator would assist you to make an educated and wise decision about the loan amount, the interest rate, the tenure, and the consequents cost of EMIs.
The formula to calculate Nissan Kicks Loan EMI is given below:
E is EMI
P is Principal Loan Amount
r is rate of interest calculated on monthly basis. (i.e., r = Rate of Annual interest/12/100. If rate of interest is 10.5% per annum, then r = 10.5/12/100=0.00875)
n is loan term / tenure / duration in number of months
*The loan amount for an individual depends on various criteria described above.
Nissan Kicks Car Loan Car- Loan Interest Rate, Fees, and Charges:
| Interest Rate | 8.25% – 14.26% (Avg – 9.40%) |
| Processing Fee | Lower of Rs. 10,000 or 0.4% of car loan sanctioned |
| Foreclosure Charges | 3% to 6% depending on loan tenure (no foreclosure for loans disbursed <6 months ago) |
| Documentation Fees | Rs. 600 each time |
| Penalty for Late Payment | 2% each month |
| Financing Quantum | up to 100% depending on customer profile |
Apart from the charges mentioned above, there are a variety of fees associated with car loans. Fees such as stamp duty, road tax, loan cancellation fees, loan bank transfer fees, etc.
These various charges are the same for all lenders. However, there could be minor differences that are subject to regional charges.
Nissan Kicks Car Loan Documents Required:
Documents required for a car loan are as followed:
- Identification proof
- Proof of age
- Address proof
- Application form
- Passport size photograph
- Income proof
- Bank statement
- Proforma Invoice
- Signature verification proof
Nissan Kicks Car Loan – Loan Documents Required for Salaried Professionals:
| Document | Requirement |
| Identity Proof | Aadhaar card PAN card Driving License Passport Voter ID |
| Address Proof | Aadhaar card Passport Driving License Voter ID Family card (ration card) Utility bill (Electricity, water, or telephone) Life insurance policy The applicant’s name must be present on the ration card or utility bill. |
| Age Proof | Birth certificate School transfer certificate Std. 10 mark sheet Aadhaar card |
| Income Proof | Salary slips Form 16 Income tax return document |
| Bank Statement | 3 to 6 months bank statement |
| Signature Verification Proof | Banks have separate forms for applicants to fill up along with their signature |
| Proforma Invoice | This document contains the price quoted by a dealer for the car chosen by the applicant. The loan amount will be based on the price of the car. |
Nissan Kicks Car Loan – Loan Documents for Self-Employed Individuals:
| Document | Requirement |
| Identity Proof | Aadhar card PAN card Passport Voter ID Driving license |
| Address Proof | Aadhar card Passport Voter ID Driving license Ration card Utility bill (telephone, electricity, or water) Life insurance policy |
| Age Proof | Birth certificate School transfer certificate Marksheet Aadhaar card |
| Bank Statement | 3-6 months bank statement |
| Business Ownership Proof | To prove that the business is under operation, the following can be provided: Office address proof Maintenance bill Utility bill Additionally, the applicant must also provide a copy of the business registration license. |
| Proof of Income | Income tax returns for up to 2 years Audited balance sheet Profit-loss statement |
| Signature Verification Proof | Most banks have separate forms to prove the signature of the individual. |
| Proforma Invoice | A proforma invoice containing the price of the vehicle must also be filed along with the other documents to indicate the desired loan amount. Most banks offer up to 95% of the price of the car as a loan. |
Nissan Kicks:
Rs 10.64 Lakh* – Rs 16.84 Lakh*
*Ex-showroom price
Nissan Kicks Price:
The majestic Nissan kicks is available between the price range of Rs 10.64 Lakh – Rs 16.84 Lakh. Nissan has us spoilt for choice with 8 variants for this model. The Base Model is Nissan Kicks XL and the cream of the pile is the Nissan Kicks XV Pre Turbo 1.3 CVT.
Price of Nissan Kicks Ex-showroom Delhi:
| Variant | Ex-Showroom Price |
| 1.5 XL
1498 cc, Manual, Petrol, 14.23 kmpl |
Rs.9.49 Lakh |
| 1.5 XV
1498 cc, Manual, Petrol, 14.23 kmpl |
Rs.9.99 Lakh |
| 1.3 Turbo XV
1330 cc, Manual, Petrol, 14.23 kmpl |
Rs.12.09 Lakh |
| 1.3 Turbo XV Pre
1330 cc, Manual, Petrol, 14.23 kmpl |
Rs.12.99 Lakh |
| 1.3 Turbo XV CVT
1330 cc, Automatic, Petrol, 14.23 kmpl |
Rs.13.94 Lakh |
| 1.3 Turbo XV Pre Option
1330 cc, Manual, Petrol, 14.23 kmpl |
Rs.13.99 Lakh |
| 1.3 Turbo XV Pre Option DT
1330 cc, Manual, Petrol, 14.23 kmpl |
Rs.14.19 Lakh |
| 1.3 Turbo XV Pre CVT
1330 cc, Automatic, Petrol, 14.23 kmpl |
Rs.14.64 Lakh |
Down payment Required for Nissan Kicks Car Loan:
Please call 9878981166, or visit Dialabank to know more about the down-payment amount required. This amount varies with the region and the bank that is preferred.
About Nissan Kicks:
Nissan kicks is a compact SUV and is priced in the range of Rs 9.49 Lakh to Rs 14.64 Lakh. It complies with BS6 regulations, has 8 variants, and 2 modes of transmission – Auto/Manual. The ground clearance is 210mm, and it has a boot space capacity of 400lts.
Nissan offers variety in colours. There are 9 colours to choose from- Deep Blue Pearl, Pearl White, Night Shade, Fire read & Onyx Black, Blade Silver, PEARL Pearl White & Onyx Black, Bronze Grey with Amber Orange, and Bronze Grey and Fire Red.
Nissan Kicks Mileage:
| Fuel Type | Transmission | ARAI Mileage |
| Petrol | Manual | 14.23 kmpl |
| Petrol | Automatic | 14.23 kmpl |
How to get Nissan Kicks Car Loan
- Visit the official page of Dialabank
- Go to the Car Loan option and provide the required information.
- Our relationship manager will get in touch with you over your application.
- Please Contact Dialabank at 9878981166 for further queries.
Nissan Kicks Car Loan News:
-
Discount up to Rs 1,00,000 on Nissan kicks in May 2021
To offload the current stock, dealers are ready to discount up to Rs 1 Lakh for Nissan Kicks.
Nissan Kicks Car Loan FAQs:
✅ What is the Minimum and Maximum Loan Amount for Nissan Kicks Car Loan?
The minimum loan amount is Rs 1,00,000 and the maximum loan amount is Loan up to 90% of On Road Price.
✅ What is the Nissan Kicks Car Loan Tenure?
1 year – 7 years is the loan tenure for Nissan Kicks Car Loan.
✅ Does Nissan Kicks have an automatic transmission variant?
Yes, Nissan Kicks has models with an automatic gearbox.
✅ How many Cylinders does Nissan Kicks Have?
Nissan Kicks has a 4-cylinder engine.
✅ What is the boot space of Nissan Kicks?
Nissan Kicks has a boot space of 400 litres.
✅ What will be the lowest down payment for Nissan Kicks’ Car Loan?
The lender generally finances 90% of the Nissan Kicks’ on-road price. Some consumers may also be eligible for 100% financing. The down payment is the difference between the On-Road Price of the Nissan Kicks’ car loan and the loan amount.
