AVAIL THE LOWEST RATE OF INTEREST ON CAR LOAN FROM FEDERAL BANK

car loan

Click to Apply Online or Call us on 600 11 600

About Federal Bank

Federal Bank of India is a major Indian financial services company in the private sector, headquartered at Kochi, Kerala. It was founded in 1945, and now it is the 4th largest bank in India. It has 1210 branches across 24 states in India and 1250 ATMs around the country.

Why Federal Bank Car Loan?

Owning a car is everyone's dream but due to financial constraints, many times they fail to finance a car.  The best solution to this problem is availing an auto loan. The loan allows you to buy a vehicle even if you do not have funds for buying it.  A Federal Bank Car Loan is an offer that offers finance to people for purchasing a vehicle. It is a loan that can be availed to buy any vehicle of any brand and model. It provides monetary support to people and helps people in making their dream come true.

Features and Benefits of a Federal Bank Car Loan from Dialabank.com

  1. Lower EMIs
  2. Lower car Loan interest rates
  3. Longer repayment period
  4. Faster processing
  5. Transparent charges
  6. Can be availed for buying new as well as used cars

Eligibility

  1. Minimum age limit is 21 years and the maximum is 65 years
  2. Employment: For Salaried 1 year in current employment / For Self- Employed at least 2 years in business
  3. Annual Income: For Salaried Rs. 18000 per month/ For Self- Employed Rs. 18000 per month
  4. Telephone: Must at the residence.

Documentation

  1. Identity Proof- Aadhar card, PAN Card, Voters ID card, Driving License
  2. Income Proof- For Salaried Latest salary slip of 6 months/ For Self- Employed Latest 1 year ITR
  3. Address Proof- Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill etc.
  4. Bank Statement: Last 6 months
  5. Interest Rates and Charges: 10.95%

Interest Rates for Car Loan

Interest Rate
New Car Less than 3 lacs 10.25%
3-6 lacs 9.50%
6-10 lacs 9.25%
10-20 lacs 9.00%
More than 20 lacs 8.70%
Used Car 14.00%


Fee & Charges

Fees & Charges

Stamp Duty

At Actuals

Processing fees

Up to 2.5 Lacs: Rs.2825

Over Rs. 2.51 Lakhs up to 4 Lakhs: Rs. 3850/-<

Maximum 5000

*SPECIAL OFFER from DialaBank: Rs.1750/-*

Loan cancellation / re-booking charges

In the event of cancellation, interest charges from disbursement date till refund of disbursement amount will be borne by the customer

Legal, Repossession & Incidental charges

At Actuals

Loan Reschedulement charges

Rs. 1000/-

 

Special Note: Banks do not provide Car Loan to bad credit holder, but one can fulfill their money requirement with Gold Loan easily.

How to Apply?

Apply online on www.dialabank.com

Leading Car Loan Providers (Click to Apply)

  1. HDFC Car Loan
  2. Kotak Mahindra Car Loan
  3. Yes Bank Car Loan
  4. ICICI Bank Car Loan
  5. Axis Bank Car Loan
  6. State Bank of India Car Loan
  7. Canara Bank Car Loan
  8. Indusind Bank Car Loan
  9. Others

Used Car Loan EMI Calculator

SIP Calculator
EMI Calculator SIP Calculator
 

Call us on 600 11 600 (Single Number across 18 Cities)

Delhi | Mumbai | Kolkata | Bangalore | Hyderabad | Ahmedabad | Chandigarh | Jalandhar | Ludhiana | Chennai | Pune | Jaipur | Lucknow | Baroda | Surat | Indore | Coimbatore | Bhopal

 

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.