car loan

Call us on 0265-60011600


Three steps to drive your car home:

  • Research
  • Test drive
  • Purchasing  

Nowadays, buying a car has become a dream for every common man. Limited income and overbearing expenses do not allow a common man to buy his favorite car. We will assist you in the third and final step by Auto Financing. Auto Loan is the best and beneficiary way to buy your favorite car easily in a simple way. Get easy funding for your car to drive your dream car home.

 

   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 should one choose Car Loan in Vadodara

  • 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 Vadodara

Vadodara is formerly known as Baroda. Vadodara is the third most populated city in the Indian state of Gujarat after Ahmedabad and Surat. It was one of the largest and richest Indian Princely states. Vadodara is the Administrative Headquarters of Vadodara District.

 

 

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.