car loan

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The introduction of new cars may have drooled your heart. You may be impressed with the new looks and features of the branded cars. But limited funds may not help you to cater your need of buying your own car. Car Financing is the best option to fulfill your dream of buying your favorite car.

 

   Interest Rates for Car Loan 

 

 

New Car Loan Interest Rate (Reducing) Used Car Loan  Interest Rate (Reducing) Processing Fee
10.25% 13.75% Up to 36 Months 0.50%
17.20% Above 36 Months

 

Why one should choose Car Loan in Tirupur

  • Easy monthly repayment options.
  • Instantly available.
  • Loan Tenure period varies from 5-7 years.
  • Affordable interest Rates.
  • Easily and quickly available loans.
  • No hidden charges.

Eligibility Criteria for Car Loan

  • Minimum age : 21 years
  • Maximum age at loan maturity: 65 years
  • Minimum employment: For Salaried 1 year in current employment and minimum 2 years of employment / For Self- Employed at least 3 years in business
  • 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
  • Telephone: Must at residence.

Documents you will need to submit

  • Proof of Identity: Passport copy, PAN Card, Voters ID card, Driving License( Laminated, Recent, Legible)
  • Income Proof: For Salaried Latest salary slip with form 16 / For Self- Employed Latest ITR
  • Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy PAN Card
  • Bank Statement: Last 6 months

About Tirupur

Tirupur is a Textile city in Tamil Nadu state of India. It is situated on the banks of Noyyal River. The city is popularly known as Dollar City. It is the administrative headquarter of Tiruppur district and is well connected by road and railway network.

 

 

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

 

 


 

REMINDER SERVICES EMI CALCULATOR

CAR LOAN INTEREST RATES

 

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 a 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.