If you are the one who does not have a big amount in the bank account to buy a vehicle, then you can consider applying for a Car Loan. It is an offer that provides funds to people for purchasing a vehicle. The loan helps a person to pay for the vehicle in partitions.

Why should one choose Car Loan Sagar?

Interest Rates for Car Loan 

New Car Loan Interest Rate (Reducing)

Used Car Loan  Interest Rate (Reducing)

Processing Fee


13.75% Up to 36 Months


17.20% Above 36 Months


Features and Benefits

  1. Easy monthly repayment options
  2. Affordable Interest Rates
  3. Easily and quickly available loans
  4. Instantly available
  5. Loan Tenure period varies from 5-7 years.
  6. No hidden charges.

Eligibility Criteria for Car Loan


  1. Minimum age of Applicant: 21 years.
  2. Maximum age of Applicant at loan maturity: 58 years.
  3. Minimum employment: 1 year in current employment and minimum 2 years of employment.
  4. Minimum Annual Income: Rs. 100000 net annual income.


  1. Minimum age of Applicant: 21 years
  2. Maximum age of Applicant at loan maturity: 65 years
  3. Minimum employment: At least 3 years in business
  4. Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars


  1. 3 photographs
  2. Identity Proof- Aadhar card, Pan card, Voter ID,
  3. Income Proof- For Salaried Latest 6 month’s salary slip / For Self- Employed Latest 1 year ITR
  4. Address Proof- Aadhar card/Rental Agreement/Ration card /Telephone Bill / Electricity Bill

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

Fee & Charges

Fees & Charges

Stamp Duty

At Actuals

Late Payment Penalty

2% per month

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/-*

Cheque swapping charges


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

Duplicate Repayment Schedule charges


Legal, Repossession & Incidental charges

At Actuals

Duplicate no due certificate / NOC


CIBIL Charges (only on request)

Rs. 50/-

Loan Reschedulement charges

Rs. 1000/-

Special NOC



How to Apply?

Apply online on www.dialabank.com

Leading Car Loan Providers (Click to Apply)

  1. HDFC Car Loan
  2. Bank of Baroda Car Loans
  3. Canara Bank Car Loan
  4. IndusInd Bank Car Loan
  5. State Bank of Hyderabad Car Loan
  6. SBI Car Loan
  7. IDBI Car Loan

About Sagar:

Sagar is a district of Madhya Pradesh, which is the state of central India. The city is bounded by District Lalitpur of Uttar Pradesh, the state to the north, and the Madhya Pradesh District Chhatarpur to the northeast. It is the third most populous district of Madhya Pradesh. The total population of the city is 2.73 lakhs.

Used Car Loan EMI Calculator

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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.