Buying a car is the dream of every Indian and today it becomes the status symbol of every common man. Nowadays, several banks and NBFC’s provide a car loan at the lowest interest rate and affordable EMIs based on your requirements. A car loan can be helpful for those consumers who want to buy a new car but they do have funds to get the car. This loan helps the borrower to build their credit history if the borrowers make their monthly payments on time.

Find the Best Interest Rate on Car Loan Banka

New Car Loan Interest Rate

Used Car Loan  Interest Rate

    Processing Fee   

less than 3 lacs-10.25%

more than 3 lacs 8.70-9.25%

14.00 % 

NC: Rs.1250+GST

UC: Rs.2500+GST


Following are the most suitable offers for Car Loan Banka:

  1. Personalized Service: Our Relationship Managers will understand your requirements and help you to find the most suitable loan offer.
  2. Rate Comparison: Help you understand the details of all costs involved in taking a loan and help you find the cheapest offer.
  3. Research: Benefit from Dialabank detailed research on all the products from the leading Car Loan players in the market and make the right choice.
  4. Zero Charges: Dialabank offers personalized service to customers at zero fees. Use the services provided by us to find the right Car Loan deal at no extra cost.
  5. Unbiased and Transparent Search: Our objective is to simplify Car Loan search and we provide information in an unbiased and transparent manner.


Car Loan

Features of Car Loan Banka

Following are the features Car Loan in Banka:

  1. Up to 95% funding available for new cars
  2. Up to 8 5% funding available for used cars
  3. Get maximum loan amount up to 3 times the annual salary (salaried professionals) or 6 times the annual income (self-employed professionals)
  4. Loan period is usually between 1 to 7 years.
  5. The interest rate is calculated on the basis of compound interest
  6. EMI is worked out for repayment

Documentation Requirement for Car Loan Banka

  1. Identity Proofs: PAN Card, Driving License, Passport or Voters ID
  2. Income Proof: Rs.18000 for salaried / 2 years IT Returns for self-employed
  3. Address Proof: Electricity Bill, Ration Card, Life Insurance Policy, etc.
  4. Bank Passbook transactions of the last 6 months
  5. 2 Passport size photographs

Eligibility Criteria of Car Loan Banka

Following are the Eligibility of Car Loan in Banka:

  1. Minimum Age of Applicant: 21 years for salaried / 30 years for self-employed
  2. Maximum Age: 65 years for salaried / 60 years for self-employed (at the time of the maturity of the loan)
  3. Minimum Employment: 1 year in current employment and a minimum of 2 years of employment in general

Fee & Charges

Fees & Charges

Stamp Duty

At Actuals

Processing fees

Up to 2.5 Lacs: Rs.2825

Over Rs. 2.51 Lakhs up to 4 Lakhs: Rs. 3850/-<

Maximum 5000

*SPECIAL OFFER from DialaBank: Rs.1750/-*

Loan cancellation / re-booking charges

In the event of cancellation, interest charges from disbursement date till refund of disbursement amount will be borne by the customer

Legal, Repossession & Incidental charges

At Actuals

Loan Reschedulement charges

Rs. 1000/-


How to Apply?

Apply online on

Leading Car Loan Providers (Click to Apply)

  1. HDFC Car Loan
  2. Kotak Mahindra Car Loan
  3. Yes Bank Car Loan
  4. ICICI Car Loan
  5. Axis Bank Car Loan
  6. SBI Car Loan
  7. Canara Bank Car Loan
  8. IndusInd Bank Car Loan

About Banka

Banka is one of the 38 districts of Indian State Bihar. It has been a beautiful destination for veteran socialists. It is regularly becoming a religious tourism hotspot for Jainism and Hinduism. Earlier the city was the richest and largest sub-division of the district Bhagalpur. The total population of the city was 44,997 in 2011.


Used Car Loan EMI Calculator

SIP Calculator
EMI Calculator SIP Calculator

Call us on 600 11 600 (Single Number across 18 Cities)

Delhi | Mumbai | Kolkata | Bangalore | Hyderabad | Ahmedabad | Chandigarh | Jalandhar | Ludhiana | Chennai | Pune | Jaipur | Lucknow | Baroda | Surat | Indore | Coimbatore | Bhopal


Disclaimer: The information provided on is collected from public sources and is believed to be accurate and genuine. This site should be used as an 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 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.
Other Leading  Loan Options (Click to Apply)

Gold Loan Banka

Personal Loan Banka

Business Loan Banka