State Bank of Bikaner and Jaipur Car Loan Key Features – Dec 23 2024
| State Bank of Bikaner and Jaipur Car Loan Rate of Interest | 7.35% per annum |
| Min Loan Amount | ₹ 1,00,000 |
| Max Loan Amount (Loan to Value) |
Loan up to 90% of On Road Price |
| Loan Tenure | 1 year to 7 years |
| Lowest EMI / Lac | ₹ 1,524 |
| Minimum Net Monthly Income | ₹ 25,000 |
| 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 | 0.40% of the principal amount |
| State Bank of Bikaner and Jaipur Car loan Foreclosure Charges | No foreclosure charges |
| Basic Documentation | ID Proof, Address Proof, Salary Slip, Bank Statement, and Car Quotation |
About State Bank of Bikaner and Jaipur Car Loan
State Bank of Bikaner and Jaipur is an Associate bank of the State Bank of India. At present, the bank has 1037 branches, mostly located in Rajasthan state in India. The other branches are spread over the major business centres of India.
What is the State Bank of Bikaner and Jaipur Car Loan?
Cars are the ultimate symbol of liberty, individuality and independence. But the increasing price of vehicles is a major worry. The State Bank of Bikaner and Jaipur Car Loan can help you in getting the right deal for you. The loan offers finance for the vehicle at low interest rates and flexible repayment options.
Advantages of State Bank of Bikaner and Jaipur Car Loan
Features and Benefits of State Bank of Bikaner and Jaipur Car Loan
- The maximum loan amount is up to 90% of the ex-showroom price of the car
- LTV (Loan to value) of up to 90% of the ex-showroom price of the car
- The repayment period ranges from 1 to 5 years
- We offer extremely quick service
- The minimum loan amount is Rs 1 lakh, and the maximum loan amount depends upon the price of a car, varies with car model, the profile of the customer etc
- Loans are approved within 24 hours after the documentation process
- Prepayment is allowed after 6 months from the disbursement of the loan
State Bank of Bikaner and Jaipur Car Loan Eligibility
| Salaried Individual |
|
| Self-Employed Individuals |
|
| Self-Employed Non-Individuals (Company/Partnership) |
|
| Priority Customers |
|
State Bank of Bikaner and Jaipur Car Loan Interest Rate, Fees and Charges
| Charges | New Car Loan | Used Car Loan |
| Interest Rate | 7.35% per annum |
Starts@9.65% |
| Processing fee | 0.40% of the principal amount | Up to 0.25% (Max Rs. 5,000) |
| Issuance of Duplicate Repayment Schedule Charges | Rs.500 per instance | Rs.500 per instance |
| Foreclosure Charges | No foreclosure charges | No foreclosure charges |
| Penal Interest | 2% per month | 2% per month |
| Part Payment charges | 3% of the paid amount | 3% of the paid amount |
| Cheque/Instrument Swap Charge | NIL | NIL |
| Documentation Charge | Rs.1000 per instance | Rs.1000 per instance |
| Issuance of Duplicate No Dues Certificate Charges | NIL | NIL |
| Registration Certification Collection Charge | NIL | NIL |
| Cheque Bounce/Instrument Return Charges | Rs.750 per instance | Rs.750 per instance |
| Issuance of Duplicate Statement Charges | Rs. 10 per page | Rs.10 per page |
| Loan Cancellation/Re-booking Charges | NIL | NIL |
| Issuance of Credit Report | NIL | NIL |
State Bank of Bikaner and Jaipur Car Loan Documents Required
Documents required for a car loan are as followed:
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. |
State Bank of Bikaner and Jaipur Car Loan EMI Calculator
With this State Bank of Bikaner and Jaipur Car Loan interest rate calculator, the applicant has the option to check out the EMI’s before getting a Car Loan. You can easily check through the link below:
State Bank of Bikaner and Jaipur Car Loan Types
State Bank of Bikaner and Jaipur Car Loan offers different types of car loans to its customers. You can choose any type of loan that works the best for you. It offers the following types of Car Loans:
- New Car Loan – If you wish to buy a new car, you can get a State Bank of Bikaner and Jaipur Car Loan for a minimum of Rs. 1 lakh and a minimum tenure of 7 years.
- Used Car Loan – If you wish to buy a used car, you must choose this scheme of State Bank of Bikaner and Jaipur Car Loan which offers a minimum loan of Rs. 1 lakh and a minimum tenure of 5 years.
- Loan Against Car – For this type of Car Loan, if you require urgent funds, you can keep your cars as an assurance with the bank.
State Bank of Bikaner and Jaipur Car Loan Interest Rates:
| New Car Loan | Used Car Loan |
7.35% per annum |
16.65% |
How to Apply for State Bank of Bikaner and Jaipur Car Loan online?
- Visit Dialabank and fill the form available on the top of the page.
- The Dialabank Relationship Manager will get in touch with you.
- You will get the right loan and assistance from us.
- You can easily Apply For a Car Loan through Dialabank and enjoy many benefits.
FAQs for State Bank of Bikaner and Jaipur Car Loan
✅ What is the State Bank of Bikaner and Jaipur Car Loan?
State Bank of Bikaner and Jaipur Car Loan is a loan provided for purchasing a new as well as a used car.
✅ How can I get a Car Loan from the State Bank of Bikaner and Jaipur?
You can get a car loan from the State Bank of Bikaner and Jaipur by visiting the nearest branch. You will get satisfaction to apply from anywhere.
✅ How does the State Bank of Bikaner and Jaipur Car Loan work?
State Bank of Bikaner and Jaipur car loan interest rates are provided at reasonable rates. You can get a car loan approval faster. State Bank of Bikaner and Jaipur offers a flexible loan tenure period.
✅ What is the State Bank of Bikaner and Jaipur Car Loan Interest Rate?
The car loan interest rate charged by the State Bank of Bikaner and Jaipur starts at
7.35% per annum
.✅ How to Check Car Loan status in State Bank of Bikaner and Jaipur?
You must visit the State Bank of Bikaner and Jaipur branches to check your car loan status. You can also use the State Bank of Bikaner and Jaipur’s net banking services to check your car loan status.
✅ How to Calculate Car Loan interest in the State Bank of Bikaner and Jaipur?
For calculating your car loan interest in State Bank of Bikaner and Jaipur, the following information is required:
- Loan tenure
- Rate of interest
- Loan amount
- You can calculate car loan interest for Canara Bank through the EMI Calculator.
✅What is the maximum loan amount I can avail myself of on a Car Loan from the State Bank of Bikaner and Jaipur?
You can get a maximum loan amount for a car loan from the State Bank of Bikaner and Jaipur up to 90% of On Road Price.
✅ What is the loan tenure of the State Bank of Bikaner and Jaipur Car Loan?
The loan tenure duration for a car loan from the State Bank of Bikaner and Jaipur ranges from 1 to 7 years.
✅ Can I get a 100% Car Loan from the State Bank of Bikaner and Jaipur?
You can get a loan up to 90% of On Road Price for a car loan from the State Bank of Bikaner and Jaipur. To avail of a 100% Car loan, you should visit the online platform of Dialabank.
✅ How much processing fee is applicable on State Bank of Bikaner and Jaipur Car Loan?
State Bank of Bikaner and Jaipur charges a processing fee is 0.40% on the principal amount for getting a car loan.
✅ What are the EMI options available on State Bank of Bikaner and Jaipur Car Loan?
Your car loan EMIs are automatically subtracted from your bank account. Also, you can pay your car loan EMI through the net banking services of the State Bank of Bikaner and Jaipur.
✅ What are the State Bank of Bikaner and Jaipur Car Loan Prepayment charges?
State Bank of Bikaner and Jaipur does not come with any prepayment charges for availing of a car loan.
✅ Can I get a top-up loan on my existing State Bank of Bikaner and Jaipur Car Loan?
Yes, you can get a top-up loan on your existing State Bank of Bikaner and Jaipur Car loan. Dialabank also helps you with the same.
✅ Do I need to provide a guarantor to avail a car loan from the State Bank of Bikaner and Jaipur?
Having a guarantor for getting a car loan from the State Bank of Bikaner and Jaipur will increase your car loan eligibility.
✅ How to get a State Bank of Bikaner and Jaipur Car Loan Statement?
For getting a car loan statement from the State Bank of Bikaner and Jaipur, you can use the bank’s online portal. You can visit Dialabank online and fill a simple form to get offers.
✅ How to pay State Bank of Bikaner and Jaipur Car Loan interest online?
You can pay your car loan interest through the net -banking services of the State Bank of Bikaner and Jaipur. For getting a low-interest car loan, you must visit Dialabank online.
✅ What if I can’t pay the interest on the State Bank of Bikaner and Jaipur Car Loan for 3 months?
If you can’t pay the interest on State Bank of Bikaner and Jaipur for Car Loan for 3 months, then it will add up to the outstanding loan amount and repayment charges will be renewed.
✅ How can I apply for EMI Moratorium on State Bank of Bikaner and Jaipur Car Loan?
You can apply for EMI Moratorium on State Bank of Bikaner and Jaipur by visiting the nearby bank branch or you can submit a request through an email. Also, if you want relief for the balance duration, you must apply through Dialabank.
✅ Can I close the State Bank of Bikaner and Jaipur car loan online?
You cannot close your car loan by using the online portal of the State Bank of Bikaner and Jaipur. Car Loans can only be closed offline after proper documents verification.
✅ What is the State Bank of Bikaner and Jaipur Car Loan Customer Care Number?
The customer care number of Canara Bank for car loan queries is 9878981166.
✅ How can I get NOC from the State Bank of Bikaner and Jaipur for a car loan?
You can get a car loan NOC from the State Bank of Bikaner and Jaipur when you clear your car loan amount.
✅ What is the State Bank of Bikaner and Jaipur Car Loan closure procedure?
- Just go to the bank with the documents.
- Write a letter for pre-closure of the State Bank of Bikaner and Jaipur Car Loan account.
- After paying the pre-closure charges of State Bank of Bikaner and Jaipur Car Loan your account is closed.
✅ What are the State Bank of Bikaner and Jaipur Car Loan preclosure charges?
State Bank of Bikaner and Jaipur Car Loan preclosure charges are zero.
✅ What is the State Bank of Bikaner and Jaipur Car Loan maximum tenure?
The State Bank of Bikaner and Jaipur Car Loan maximum tenure is 7 years.
✅ What is the State Bank of Bikaner and Jaipur Car Loan minimum tenure?
The State Bank of Bikaner and Jaipur Car Loan minimum tenure is 1 year.
Leading Car Loan Providers
- HDFC Car Loan
- Bank of Baroda Car Loans
- Canara Bank Car Loan
- Indusind Bank Car Loan
- State Bank of Hyderabad Car Loan
- SBI Car Loan
- Private Bank Car Loan
- AXIS bank Car Loan
- IDBI Car Loan
Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as an information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly.
