9878981166

Car Loan Karkal

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Major Car Loan Providers in  Karkal                         

Car Loan Karkal

Car Loan Karkal

Feature
HDFC Bank
Private Bank
Kotak Mahindra Bank
Interest Rate
8% - 8.4 %
8.5 - 9.5 %
11%
Min Loan Amt
Metro : 1 Lac & Non Metro: 75000
75000
75000
Max Loan Amt
1 Cr
1 Cr
1 Cr
Loan Tenure
Upto 7 Years
Upto 5 Years
Upto 5 Years
Processing Fee
1999 - 4999 + Tax
0.25% to 1.50%
0.25% to 1.50%
Preclosure Chgs
2%, Nil after 24 months
2%, Nil after 36 months
Nil
Loan to Value (LTV)
Upto 100% on Ex- showroom
Upto 95% on Ex- showroom
Upto 90% on Ex- showroom

Car Loan  Karkal Features

The car is a commodity that protects from you bad weather and even takes you on the ride to your favourite destination. All these benefits make a person buy the car at any cost. A car loan is the best loan option available to fulfil your dreams. It offers flexible loan terms and conditions, and It is a secured loan with the minimum documentation process. To fulfil your requirement of buying a car at affordable interest rates, apply for a car loan with Dialabank. It is a secured loan and will help you arrange the necessary funds to buy the new or old car at low-interest rates.

Some of the features of car loan in  Karkal are:

  • Easy monthly repayment options
  • Instantly available
  • Loan Tenure period varies from 1-7 years
  • Affordable interest Rates
  • No hidden charges
  • Quick approval with minimum documentation

Why Dialabank?

  • We let you sit at the comfort of your home and provide you with the loan without any hassle.
  • We have tie-ups with top Banks and NBFCs of the country to provide you with the best class service.
  • We offer you the lowest rate of interest in the market.
  • We Charge no money from our customers for the services that we provide.
  • Our team of experts and Relationship managers helps you in every step of the journey to acquire a loan.

Car Loan  Karkal Interest Rate

Bank Processing Fee
Prepayment Charges
HDFC Bank Car Loan (1999 - 4999) + Tax
2%, Nil foreclosure charges after 24 months
Axis Bank Car Loan 1 % to 2.50% Nil
Private Bank Car Loan 0.25% to 1.50%
2%, Nil foreclosure charges after 36 months
SBI Car Loan 500/- to 0.50% Nil
Kotak Car Loan 1% to 2%
2.25% of fore closure amount if closed 1 month ahead of the tenure.
IIFL Car Loan Nil Nil
Muthoot Car Loan Nil Nil
Manappauram Car Loan Nil Nil
PNB Car Loan 0.70% to 1% Nil
Canara Bank Car Loan 0.01 Nil
Andhra Bank Car Loan Nil Nil


To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Car Loan  Karkal Documents Required

  1. Identity Proof required is a copy of Passport, PAN Card, Voters ID card, Driving License.
  2. Income Proof For Salaried persons is Latest 3-month salary slip with form 16, and For Self Employed persons is Latest ITR.
  3. Address Proof required is one of the following: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. And the Bank Statement of the Last 6 months.

Car Loan  Karkal Eligibility Criteria

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: For Salaried- 1 year in current employment and a minimum of 2 years of employment / For Self Employed– at least 3 years in business
  4. Minimum Annual Income: For Salaried Rs 100000 net annual income / For Self- Employed Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars

How to Apply for a Car Loan in  Karkal?

Visit our website www.dialabank.com. Click on the auto loan option and select the car loan option on the menu. Next, fill out the form with the necessary details of your loan requirements. Then, wait for our team of experts to reach to get in touch with you.

You can also visit the nearest branch or call on 9878981166.

Processing Fees & Prepayment Charges on Car Loan  Karkal

Category Details
Processing Charges
1999 - 4999 + Tax
Prepayment
No prepayment is allowed until 12 EMIs are paid
Preclosure
No foreclosure is allowed until 12 EMIs are paid
Prepayment Charges
13-24 months: 2% of loan principal outstanding
>36 months: Nil Charges
Stamp Duty
As per state laws
Cheque Bounce Chgs
₹ 550/chq + GST
Floating Rate of Interest Not Applicable
Overdue EMI Interest
2% p.m.(on overdue amount)
Amortisation Schedule Chgs Rs 200 + GST

CIBIL Score Required for Car Loan in  Karkal

CIBIL score reflects your credit history in the past and your defaults in repayment of your previous loans. A good credit score is considered 750 and above as most financial institutions ask for a high credit score. Every bank and NBFC has different criteria for a minimum CIBIL score they require to process your loan. A Lower CIBIL score than 750 can attract a higher rate of interest.

A deficient CIBIL score might lead to rejection of your loan as it is the first thing a bank tracks before processing your loan.

Car Loan  Karkal Contact Number

To know more about the car loan in  Karkal, contact us on 9878981166

Pre Calculated EMI Table for Car Loan  Karkal

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

About  Karkal

Karkala, also known as Karla, is a hamlet and the administrative centre of the Karkala taluk in Karnataka’s Udupi district. It’s around 60 kilometres from Mangalore and close to the Western Ghats.

Special Note: Banks do not provide Car Loans to bad credit holders, but they can easily fulfil their money requirement with Gold Loan.

Car Loan EMI Calculator

 

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