Best Banks for Car Loan in Chittor
Car Loan Chittor Features
⍟ Loan Approval in 30 Minutes
⍟ Lowest Rate of Interest
⍟ Up to 100% on Road Loan
⍟ Minimum Documentation
⍟ Paperless Process
⍟ Flexible Repayment
⍟ Zero Foreclosure
⍟ 24 x 7 Online Payment Facility
⍟ No Hidden Charges
A car loan is a financial aid offered by banks and NBFC’s to fulfill anyone’s dream of having his own car. They provide the required necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car depending upon the requirement. A car loan is a form of a secured loan with easy repayment options available in the form of EMIs. The loan amount is offered on Interest charges which vary from lender to lender along with the tenure. Getting your dream car Car loan in Chittor Dialabank is the best option available.
The eligibility criteria for a car loan for salaried applicants in Chittor is as follows:
7.35% per annum Documents required for car loan are as followed: The interest rates on vehicle loans offered by different lenders in Chittor may vary, but they are all reasonable and competitive. If you want to get a car loan in Chittor with the lowest interest rate, follow the steps below: There are mainly two ways in which you can apply for a car loan in Chittor: Thus, Dialabank is your best agent when thinking of a car loan in Chittor. The process is simple and hassle-free when applied through Dialabank for a great experience. Many big banks and NBFCs, including HDFC, Private, and SBI, offer vehicle loans in Chittor. The most suitable lender is one that can provide you with the loan amount you need at a reasonable interest rate and can distribute the funds as quickly as feasible. It is always advisable to compare vehicle loans from many lenders before applying for one that meets all of your needs, such as interest rates. TABLE WILL APPEAR A CIBIL score is a score and numeric value that describes the repayment ability of your past loans efficiently and effectively. The minimum CIBIL score requirement for car loans in Chittor varies from one bank to bank. So, maintaining a good CIBIL score is very essential if you want to avail a car loan in Chittor. Major lending institutes accept a 750+ score to process your car loan application in the city but these may be higher or lower depending upon the individual banks and NBFCs. You may contact on the number 9878981166 to apply for your car loan in Chittor or in case of any queries regarding the car loan process. Chittor is a city and municipality situated in Rajasthan, northwest India. It’s known for the presence of honey-colored, 7th-century Chittor Fort, a vast hilltop complex with the remains of many temples and monuments. The 15th-century, 9-story Vijay Stambh (Tower of Victory) is built from red sandstone and white marble. It offers city views from the top, and it is lit up at night. Nearby is the Rajput-style Fateh Prakash Palace. Yes, if you have a strong payment history with your current lender, many lenders will grant you a loan on your current vehicle. Standing Instruction (SI), Electronic Clearing Service (ECS), and Post-Dated Cheques are three options for repaying your loan (PDCs). It is usually advised that you return your loan using the first two options because they are speedier and have a lower risk of error, which is not the case with PDCs. To get a car loan, most lenders will not ask for a guarantor. If your income falls below the required minimum, lenders may want you to offer a guarantee or co-applicant to demonstrate that you will be able to repay the loan.
Car Loan Chittor Eligibility Criteria
Salaried Individual
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
Minimum ITR – Rs.2 lakh
Employment Duration – Minimum 3 years
Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh
Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarters
Car Loan Chittor EMI Calculator
Car Loan Chittor Fees & Charges
Charges
New Car Loan
Used Car Loan
Interest Rate
11.80% p.a. to 13.80% p.a.
Car loan Processing fees
0.5%
0.5%
Issuance of Duplicate Repayment Schedule Charges
Around Rs.500
Around Rs.500
Foreclosure Charges
0.06
0.06
Penal Interest
2% PM
2% PM
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
Car Loan Chittor Fees and Charges : Leading Banks – Apr 25 2024
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
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 Chittor Documents Required
Salaried Individual
Category
Identity Proof (Any 1)
Passport
Voter ID
Aadhar Card
Driving License
Address Proof (Any 1)
Aadhar Card
PAN
Driving License
Electricity Bill
Date of Birth Proof(Any 1)
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
Bankers Verification
Passport
Income Proof
Bank Statement
Employment Continuity Proof
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment
Self-Employed Individuals
Category
Identity Proof (Any 1)
PAN Card
Passport
Voter ID
Aadhar Card
Address Proof (Any 1)
PAN Card
Voter ID
Passport
Electricity Bill
Date of Birth Proof (Any 1)
Birth Certificate
Passport
Driving Licence
PAN
Signature Proof (Any 1)
Bankers Verification
Passport
Bank Statement
Employment Continuity Proof
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Self-Employed Non-Individuals:
1. Partnership Firms/Societies
Category
Identity Proof (Any 1)
Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Aadhar Card
Driving License
Voter ID
Income Proof
P&L Account
ITR for the previous 2 years
Bank Statement
Last 6 month
Business Continuity Proof
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
2. Private Limited/Limited Companies
Category
Identity Proof
Copy of Incorporation
Address Proof (Any 1)
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
P&L Account and ITR for the previous 2 years
Bank Statement
Previous 6 Months
Business Continuity Proof
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.
How to Get the Best Car Loan Interest Rates in Chittor
How to Apply for a Car Loan in Chittor?
Which Bank in Chittor Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Chittor
Processing Fees & Prepayment Charges on Car Loan Chittor
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan in Chittor
Car Loan Chittor Contact Number
Pre Calculated EMI Table for Car Loan Chittor
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 Chittor
Car Loan Banks in Chittor
ANDHRA BANK
S.V.UNIVERSITY CAMPUSTIRUPATI, CHITTOOR DIST
ANDB0001032
ANDHRA BANK
S.V.ORIENTAL COLLEGE BRANCHKT ROAD, TIRUPATHI, CHITTOOR DIST
ANDB0001033
STATE BANK OF INDIA
UAUAHHDS
SBIN0020328
STATE BANK OF INDIA
HNO10 3 82 SESHAPIRAN STREET CHITTOOR 517001 ANDHRA PRADESH
SBIN0020795
STATE BANK OF INDIA
AAUIGAAEAIIUPAHI
SBIN0020797
STATE BANK OF INDIA
822685 AABBAN TOWERS TIRUMALA BYEPASS ROAD OPP SARAYU SUPERMARKET ROAD TIRUPATHI CHITTOR DT
SBIN0020883
STATE BANK OF INDIA
N42CTMRAMAANAPALLEISTCHITTR
SBIN0020901
STATE BANK OF INDIA
AAIANKINGCOMPEXDMRDAOVESITIRUMAA
SBIN0020922
STATE BANK OF INDIA
TIRUPATI TIRUPATI
SBIN0020926
STATE BANK OF INDIA
N4785786787 BESIE RIVER SWARNA MUKHI BRIGE PNRA SRI KALAHASTHI
SBIN0021039
STATE BANK OF INDIA
N14121 STV NAGAR AIR BYPASS RA TIRUPATHI
SBIN0021060
STATE BANK OF INDIA
19 3 13M FIRST FLOOR HEROHONDA SHOWROOM OLD RENIGUNTA ROAD
SBIN0021086
SYNDICATE BANK
CHOWDEPALLI VILLAGE, CHITTOR, CHITTOR, ANDHRA PRADESH,517257, INDIA
SYNB0003187
SYNDICATE BANK
IN THE PREMISES OF KOKA BHARATI WO VIJAYA SIMHAM,1125 NAGULAPURAM ROAD, DIST CHITTOR ANDHRA PRADESH INDIA 517590
SYNB0003791
UCO BANK
CHITTOR HOUSE NO.10-194, GRND FLOOR 517001
UCBA0002185
FAQ’s About Chittor Car Loan
✅ Is it Possible to Acquire a Loan on my Current Vehicle?
✅ What options do I have for Repaying my Car Loan?
✅ Is a Guarantor Required for a Car Loan?