Best Banks for Car Loan in Saharanpur
Feature
HDFC Bank
Private Bank
Interest Rate (p.a.)
7.35 % - 7.95 %
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
Car Loan Saharanpur Features
Having your own car is not a status symbol anymore but it has become a necessity.
Buying these luxuries from the money from one’s own pocket isn’t always a feasible option.
This is where car loans help you. Car loans are provided by banks and NBFC’s for a specific period of time varying from 24 months to 60 months, for both brand new and second-hand ones.
Car loan Features in Saharanpur include:
- 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
Car Loan Saharanpur 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 Saharanpur Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Address Proof: Passport Copy / Telephone Bill / Electricity Bill / Ration card / Driving license / Voters card / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed Individuals:
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest Income Tax Return
- Address Proof: Electricity Bill / Life Insurance Policy / Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / PAN Card
- Bank Statement: Last 6 months.
Car Loan Saharanpur Eligibility Criteria
The car loan eligibility requirements are as followed in Saharanpur:
For Salaried Individuals:
- Minimum age: 21 years
- Minimum employment: 1 year in the current place of work and 2 years of total employment.
- Minimum Annual Income: Rs 100000 net annual income.
- Maximum age at loan maturity: 65 years
For Self Employed Individuals:
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: A minimum of 3 years in business.
- Minimum Annual Income: Net profit of Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
How to Apply for Car Loan in Saharanpur?
Availing a car loan Saharanpur is an easy process with Dialabank. Just follow some steps to avail the best offers:
- Visit our website and click on the car loan option available on the menu. Fill in the details regarding the car type and your income. Our relationship manager will soon get in touch with you on your provided number.
- You may also contact our relationship managers on the number +919878981166 in case of any queries regarding the loan.
- To avail a car loan offline you will have to visit the branch personally, which might turn hectic for you. So we advise you to do it online!
Car Loan for Major Car Manufacturers in Saharanpur
TABLE WILL APPEARProcessing Fees & Prepayment Charges on Car Loan Saharanpur
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 Saharanpur
You can check your CIBIL report to verify your credit score. The general range of score is from 300 to 900 but a score of 750 or more can get you a low-interest rate. However, the car loan rate of interest for a score of 650 to 750 which may provide a high-interest rate. If you have defaulted in your CIBIL report, or have a very low score, your application may be rejected.
The CIBIL score is based on your payment history across loans and credit cards. Maintain your CIBIL score in order to save more money.
Apply for a Car LoanCar Loan Saharanpur Contact Number
Dial us up at +919878981166 to get more information about car loans at Saharanpur and we will give you the best advice to help you fulfill your dream easily, quickly and efficiently.
Pre Calculated EMI Table for Car Loan Saharanpur
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 Saharanpur
Saharanpur is a city and a municipal corporation in the Indian state of Uttar Pradesh. It is the administrative headquarters of the Saharanpur district.
Saharanpur city grew in a region named after a Sufi Saint Shah Haroon Chishti. It was founded by Sah Ranbirsingh, a Jain nobleman, who laid the foundations of the present-day city on the site of an army cantonment.
The Saharanpur Botanical Gardens, known as the Company Garden and once the preserve of the British East India Company, is one of the oldest existing gardens in India, dating to before 1750.
Then named Farahat-Bakhsh, it was originally a pleasure ground set out by a local chief, Intazam ud-Ullah. In 1817, it was acquired by the British East India Company
Special Note: Banks do not provide Car Loans to bad credit holders, but one can fulfill their money requirement with Gold Loan easily.
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