Best Banks for Car Loan in Jalgaon
Feature | HDFC Bank | Private Bank |
Kotak Mahindra Bank
|
Interest Rate (p.a.) | 7.35 % - 7.95 % | 8.5 % - 9.5 % | 11 % |
Min Loan Amt | Metro : 1 Lac & Non Metro: 75000 | 75000 | 75000 |
Max Loan Amt | 1 Cr | 1 Cr | 1 Cr |
Loan Tenure | Upto 7 Years | Upto 5 Years | Upto 5 Years |
Processing Fee | 1999 - 4999 + Tax | 0.25% to 1.50% | 0.25% to 1.50% |
Preclosure Chgs | 2%, Nil after 24 months | 2%, Nil after 36 months | Nil |
Loan to Value (LTV) | Upto 100% on Ex- showroom | Upto 95% on Ex- showroom |
Upto 90% on Ex- showroom
|
Car Loan Jalgaon Features
Planning to buy a car?
Do you need extra money to own your favorite car?
The car loan is a financial aid provided by banks and finance companies to achieve your dream of owning a car. They provide the required funding for buying a car which can be either on Ex-Showroom price or On-Road price. The car loan is a secured and easy loan to repay.
What are some of the Car Loan Jalgaon features?
Car Loan Jalgaon provides financial support at the best affordable car loan interest rates to buy the car of your choice. You can easily pay back car loans by monthly installments.
Also, the interest rates will vary depending on the bank’s norms.
Car Loan Jalgaon Interest Rates
Apply for a Car LoanBank | Processing Fee |
Prepayment Charges
|
HDFC Bank Car Loan | (1999 - 4999) + Tax |
2%, Nil foreclosure charges after 24 months
|
Axis Bank Car Loan | 1 % to 2.50% | Nil |
Private Bank Car Loan | 0.25% to 1.50% |
2%, Nil foreclosure charges after 36 months
|
SBI Car Loan | 500/- to 0.50% | Nil |
Kotak Car Loan | 1% to 2% |
2.25% of fore closure amount if closed 1 month ahead of the tenure.
|
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 Jalgaon Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
-
- Identity Proof: Passport copy, PAN Card, Electoral Photo ID card, or Driving License can be used as Identity proof.
- Income Proof: Last three months’ or last six months’ salary slip including Income Tax Return.
- Address Proof: Driving License, PAN Card, Life Insurance Policy, Electoral Photo ID Card, and, Electricity Bill are valid address proofs.
- Bank Statement for the preceding six months.
For Self-employed individuals:
-
-
- Identity Proof: Passport copy, PAN Card, Electoral Photo ID card, or Driving License can be used as Identity proof.
- Income Proof: Income Tax Return.
- Address Proof: Driving License, PAN Card, Life Insurance Policy, Electoral Photo ID Card, and, Electricity Bill are valid address proofs.
- Bank Statement for the preceding six months.
-
Car Loan Jalgaon Eligibility Criteria
To obtain the loan amount, a person must meet the Eligibility criteria for car loan.
For Salaried applicants:
- The minimum age required is 21 years.
- The eligible maximum age at the time of loan maturity is 65 years.
- The loan applicant should have served 1 year in current employment including total work experience of 2 years.
- The minimum annual income requires to be at 100000 Indian rupees as the net annual income.
For Self-Employed Applicants:
-
- The minimum age required is 21 years.
- The eligible maximum age at the time of loan maturity is 65 years.
- The loan applicant should be active for at least 3 years in business.
- The net profit demanded is Rs 60000 per annum for standard cars and Rs 100000 per annum for mid-sized premium cars
How to Apply for Car Loan in Jalgaon?
Apply for a Car Loan- Visit our website Dialabank from your browser on your mobile or PC.
- Go to the Car Loan section which is very easily available on the website and go to the car loan link.
- The candidate will be directed to all the details which the bank required in the correct order and also you need to submit the required correct documents of the car loan.
- Upload all the documents correctly and without any error for more information on car loans and free guidance, you may call on 9878981166.
Car Loan for major car manufacturers in Jalgaon
TABLE WILL APPEARProcessing Fees/Prepayment Charges on Car Loan in Jalgaon
Category | Details |
Processing Charges |
1999 - 4999 + Tax
|
Prepayment |
No prepayment is allowed until 12 EMIs are paid
|
Preclosure |
No foreclosure is allowed until 12 EMIs are paid
|
Prepayment Charges
|
13-24 months: 2% of loan principal outstanding
|
>36 months: Nil Charges
|
|
Stamp Duty |
As per state laws
|
Cheque Bounce Chgs |
₹ 550/chq + GST
|
Floating Rate of Interest | Not Applicable |
Overdue EMI Interest |
2% p.m.(on overdue amount)
|
Amortisation Schedule Chgs | Rs 200 + GST |
CIBIL Score Required for Car Loan in Jalgaon
Apply for a Car LoanYou can check your CIBIL score on the CIBIL website and fix it by paying all your bills, debt, and EMIs on time to get to a score of 750 and above which a bank requires in order to give you a car loan at the best interest rate in the market.
Car Loan Jalgaon Contact Number
You can easily get a car loan at Dialabank. To know more, call 9878981166 anytime.
Pre Calculated EMI Table for Car Loan Jalgaon
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
About Jalgaon
Apply for a Car LoanIn the western Indian state of Maharashtra, Jalgaon is a city located in northern Maharashtra and serves as the administrative headquarter of the Jalgaon district. It was nicknamed “Banana city” as the region contributes approximately two-thirds of the banana production of Maharashtra.
Car Loan EMI Calculator Jalgaon
Car loan EMI can be calculated by the Car loan EMI Calculator provided by Dialabank. It is free to use and you can use it an infinite number of times. Equated Monthly Installments(EMI) is the monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed. Based on the profile, the interest rate on the loan is determined. EMI is calculated based on the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the car loan.
Get a car loan from Private bank
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