Best Banks for Car Loan in Jabalpur
Car Loan Jabalpur Features
Apply for a car loan in Jabalpur
A Car Loan is an offer that provides funds for buying a vehicle. It is a simple loan scheme that allows the person to pay for the vehicle in partitions. It is a convenient scheme for the people who want to buy a vehicle, but could not buy it due to lack of funds. Now avail a car loan with affordable interest rates and monthly repayment options with the help of Dial-a-bank. The main features of a car loan in Jabalpur are:
- Car loans are available at low-interest rates
- Almost all major banks and NBFCs offer car loans in Siwan
- The documentation process is quick and hassle-free
- Car loans are easily available through DialaBank
Car Loan Jabalpur Interest Rate
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 Jabalpur Documents Required
Documents required for car loan are as followed:
For Salaried:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed:-
- Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
- Income Proof: Latest ITR
- Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Jabalpur Eligibility Criteria
To obtain the loan amount, a person must meet the Eligibility criteria for car loan.
For Salaried:-
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment
- Minimum Annual Income: Rs 1,00,000 net annual income
For Self-Employed:-
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: at smallest 3 years in sales
- Minimum Annual Income: Net profit Rs. 60,000 p.a for regular cars and Rs.1,00,000 p.a. for mid-sized and superior cars
How to Apply for Car Loan in Jabalpur?
Availing a car loan in Jabalpur is an easy process with DialaBank. Follow the following steps to avail the best offers:
- Visit our website
- Click on the car loan option available in the menu
- Fill in the details regarding the car type and your income
- Wait as our contact administrator will soon get in touch with you.
- You may also contact our relationship managers on the number 9878981166.
- For availing a car loan offline you will be required to visit the nearest branch personally.
Car Loan for Major Car Manufacturers in Jabalpur
TABLE WILL APPEAR
Processing Fees / Prepayment Charges on Car Loan Jabalpur
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 Jabalpur
The CIBIL score is what defines your ability to pay off your credits. A higher Credit score defines your good credit history and makes your application process smooth and easy to be processed. Usually, banks and NBFCs require a credit score of 750 and above to approve your loan application process in Jabalpur. This score may vary from bank to bank. In case a CIBIL score is less than the required value you will be required to pay a high rate interest rate on the loan amount.
Car Loan Jabalpur Contact Number
In case of any queries regarding the car loan in Jabalpur, you may contact the number 9878981166 for any sort of assistance.
Pre Calculated EMI Table for Car Loan Jabalpur
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 Jabalpur
Jabalpur is formerly known as Jubbulpore in the Indian state of Madhya Pradesh. It is one of the major cities of Madhya Pradesh. According to the 2011 census, it is the third-largest urban agglomeration in Madhya Pradesh.
It is known for the Dhuandhar Falls and the white Marble Rocks at Bhedaghat. It is generally accepted that the game of Snooker originated here. This game is also known as billiards.
Car Loan EMI Calculator Jabalpur
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