AVAIL THE LOWEST RATE OF INTEREST ON CAR LOAN FROM  SOUTH INDIAN BANK

car loan

Click to Apply Online or Call us on 600 11 600

About South Indian Bank

South Indian Bank Limited is a private sector bank headquartered at Thrissur City in Kerala, India. The Bank has 756 branches spread across more than 26 states and union territories in India. It has set up 854 ATMs all over India.

About South Indian Bank Car Loan

A car has become a very basic need in today's world especially when you have a family. It adds ease and comfort in your life. But purchasing a car can be a very tough task for a person with a median salary that is not even sufficient for the family basic needs in such cases financing also becomes a problem.

A Central Bank of India Car Loan is the best financial product in the market that provides financial support to people at low-interest rates. The loan helps you to convert the dream of owning a vehicle into reality.

South Indian Bank is a private bank of India and is well known for its financial products. The bank provides Car Loans at very low rates of interest.

Features and Benefits of a South Indian Bank Car Loan from Dialabank.com

  1. We offer extremely quick service
  2. The minimum loan amount is Rs 1 lakh, and maximum Loan amount depends upon the price of the car, varies with the car model, profile of the customer etc
  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 7 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
  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

South Indian Bank Car Loan Interest Rates and Charges:

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%


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/-

 

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

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

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 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.