Allahabad Bank was founded by a group of Englishmen at Allahabad on 24 April 1865. The bank has its headquarters in Kolkata. It is the oldest joint stock bank in India. Today, it has around 2500 branches spread throughout India. It also has a branch in Hong Kong and a representative office in Shenzen.

Why Allahabad Bank Car Loan?

Today, the prices of the vehicle are touching the sky. It is impossible for a common man with limited income to buy a vehicle form one’s own pocket. In such a situation, car loan helps a lot. The Allahabad Bank Car Loan is an offer that provides monetary support to people and helps people in acquiring the vehicle. It is an affordable scheme for people who want to buy a vehicle but do not have adequate funds for it.

Are you thinking to buy a vehicle but you do not have the funds to pay for it? Then, availing an Auto Loan is the best solution to your problems. It is a scheme that allows a person to pay for the vehicle in installments rather than paying it at once.

Interest Rates for Car Loan

Interest Rate
New Car Less than 3 lacs 10.25%
3-6 lacs 9.50%
6-10 lacs 9.25%
10-20 lacs 9.00%
More than 20 lacs 8.70%
Used Car 14.00%

 

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

Features and Benefits

  1. Affordable
  2. Simple and Hassle free
  3. Easy to pay back
  4. Flexibility of payment
  5. Speedy Approval in 4 hours
  6. Minimum Documentation
  7. Attractive Interest Rates
  8. Check your Credit Score

Car Loan Kapurthala from Dialabank.com

  1. We offer extremely quick service
  2. The minimum loan amount is Rs 1 lakh
  3. The maximum loan amount is up to 90% of the ex-showroom price of the car
  4. LTV (Loan to value) of up to 90% of the ex-showroom price of the car
  5. Repayment period ranges from 1 to 5 years
  6. Loans are approved within 24 hours after the documentation process
  7. Prepayment is allowed after 6 months from the disbursement of the loan

Eligibility

  1. Minimum age: Limit is 21 years and the maximum is 65 years
  2. Employment: For Salaried 1 year in current employment / For Self- Employed at least 2 years in business
  3. Annual Income: For Salaried Rs. 18000 per month/ For Self- Employed Rs. 18000 per month
  4. Telephone: Must at the residence.

Documentation

  1. Identity Proof- Aadhar card, PAN Card, Voters ID card, Driving License
  2. Income Proof- For Salaried Latest salary slip of 6 months/ For Self- Employed Latest 1 year ITR
  3. Address Proof- Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill etc.
  4. Bank Statement: Last 6 months

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 www.dialabank.com

Leading Car Loan Providers (Click to Apply)

  1. HDFC Car Loan
  2. Kotak Mahindra Car Loan
  3. Yes Bank Car Loan
  4. ICICI Bank Car Loan
  5. Axis Bank Car Loan
  6. State Bank of India Car Loan
  7. Canara Bank Car Loan
  8. Indusind Bank Car Loan
  9. Others
About Kapurthala

The city of Kapurthala in Punjab. It is the administrative headquarters of Kapurthala District. Kapurthala was the capital of the Kapurthala State, a princely state in British India. It is known as the city of Palaces & Gardens. Kapurthala had a population of 101,854. It is home to several media to large-scale industries.

 

Used Car Loan EMI Calculator

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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 www.dialabank.com 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 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.