Best Banks for Car Loan in Mahendragarh
Car Loan Mahendragarh Features
A car loan is financial funding provided by banks and NBFC’s to enable you to buy the car of your choice without any hesitation. It is not a difficult task nowadays availing for a car loan as numerous products have come into the market to cater to the needs of a buyer. Moreover, financial institutions also provide the service of used car loans which can be used for financing a used car if you want to buy a pre-owned car. Car Loans in Mahendragarh come at an affordable rate of interest and require minimal documentation and have a flexible repayment structure.
Apply now and get the best offers on car loan in Mahendragarh with DialaBank.
Car Loan Mahendragarh Interest Rates
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 Mahendragarh Documents Required
The essential documents required to get a car loan approved in Mahendragarh are as follows:
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: 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
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: – Latest ITR reports.
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Mahendragarh Eligibility Criteria
Car loan eligibility criteria Mahendragarh differs for the salaried and self-employed in the following manner:
For Salaried Applicants
- 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 100000 net annual income.
For Self Employed Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: at least 3 years in business
- Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars.
Car Loan for Major Car Manufacturers in Mahendragarh
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan Mahendragarh
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 Mahendragarh
One of the most important aspects considered by the lending institutions while processing a loan application is the CIBIL score of the applicant. The CIBIL score or the credit score basically denotes the creditworthiness of an individual based on their previous loan lending and repayment behavior.
It is important that one should clear all the pending dues and debts in order to maintain a good credit score. Default in your credit score may decline your opportunities for availing a fresh loan in the future.
Car Loan Mahendragarh Contact Number
To get an instant car loan you can visit our website DialaBank or call on 9878981166 to get assistance free of cost. Our executives are well trained and will assist you in the best way possible in order to provide you with a deal most suited for you.
Pre Calculated EMI Table for Car Loan Mahendragarh
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
You can calculate your EMI here: Car Loan EMI Calculator
Car Loan EMI Calculator
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