Best Banks for Car Loan in Kaithal
Car Loan Kaithal Features
Thinking of purchasing a car? But don’t have enough funds? Don’t worry. We have a solution for you. We Dialabank help people to compare, analyze and choosae the best loan possible.
A car loan is a means of funding or financial help provided by banks and NBFCs to applicants at an affordable rate of interest to aid them in buying a car. Since cars have now become a necessity for everyone, but the cost of cars is growing rapidly daily. This is where a car loan comes into play and fulfils your desire to be the owner of a luxurious car. The main features of a car loan in Kaithal are:
- Car loans are available at low-interest rates
- Almost all major banks and NBFCs offer car loans in Kaithal
- The documentation process is quick and hassle-free
- Car loans are easily available through DialaBank
Car Loan Kaithal 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 Kaithal Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
- Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed Individuals:
- Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest ITR
- Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Kaithal Eligibility Criteria
To obtain the loan amount, a person must meet the Eligibility criteria for car loan.
You should be at least 21 years of age to apply for a car loan. The maximum age of a person should be 65 years at the time of maturity of the loan.
For Salaried: You should be having a minimum of 2 years of employment and you should be working for at least 1 year in your current employment. The minimum annual salary required is Rs. 100000 as net annual income.
For Self Employed: You should be in the business for at least 3 years. A net profit of at least Rs. 60000 p.a. should be there for standard cars and Rs. 100000 p.a. for mid-sized and premium cars.
Car Loan for Major Car Manufacturers in Kaithal
TABLE WILL APPEARProcessing Fees & Prepayment Charges on Car Loan Kaithal
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 Kaithal
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 Kaithal. 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 Kaithal Contact Number
In case of any queries regarding the car loan in Kaithal, you may contact on the number 9878981166 for full assistance in regards to the car loan process.
Pre Calculated EMI Table for Car Loan Kaithal
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
Car Loan EMI Calculator
About Kaithal
Kaithal is a city and a municipal council in Kaithal district in the Indian state of Haryana. Kaithal was previously a part of Karnal District and later, Kurukshetra District until 1 November 1989, when it became the headquarters of the Kaithal district of Haryana.
It shares a border with Patiala district of state Punjab and Kurukshetra, Jind and Karnal districts of Haryana. Kaithal district is situated in the North-West of the Haryana state. Its North-West boundaries which include Guhla-Cheeka is attached to Punjab State.
As of 2011 Indian Census, Kaithal had a total population of 144,915.
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