Best Banks for Car Loan in Tonk
Car Loan Tonk Features
A car loan is what allows a person to fulfil his dreams of owning his own car. Since the prices of cars have accelerated in recent years, a car loan is not essential that anytime before. All major banks and NBFCs offer car loan in Tonk at affordable interest rates and easy documentation. The main car loan features are as follows:
- Easy documentation
- Low-interest rates
- Quick Disbursal of loan
Car Loan Tonk Interest Rate
Car loan interest rates in Tonk change every time, again and again, so it’s important to analyze them. Your loan’s interest rate impacts the EMI amount you’re going to pay for every month. Furthermore, a lower interest rate can mean huge savings. Our rate table can assist you in realizing the best ideal opportunity to purchase a car.
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
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 Tonk Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
- Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed Individuals:
- Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest ITR
- Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Tonk Eligibility Criteria
The car loan eligibility requirements are as followed:
For Salaried Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment
- Minimum Annual Income: Rs.100000 net annual income
For Self-Employed Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: At least 3 years in business
- Minimum Annual Income: Net profit Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars
Car Loan for Major Car Manufacturers in Tonk
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan Tonk
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan in Tonk
CIBIL score plays an important role while getting a loan. In case your Cibil score lies between 750-900, then you will get the quick loan approvals at an affordable rate of interests. But if the Cibil score is less than 700 then your application might even get rejected. So, check your Cibil score before you apply for a car loan. If you have paid your EMIs on time in the past then your Cibil score will be higher. And if you do not repay Your EMI frequently your Cibil score will be reduced. The applicant has to pay monthly EMIs according to there schedule of the bank on the loan amount.
Car Loan Tonk Contact Number
For instant help regarding car loan Tonk any queries, you may contact on 9878981166.
Pre Calculated EMI Table for Car Loan Tonk
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 Tonk
Tonk is a town in the Indian state of Rajasthan. The town is situated 95 km by road south from Jaipur, near the right bank of the Banas River. It is the administrative headquarters of Tonk District. Tonk was also the capital of the eponymous princely state of British India from 1817 to 1947.
Car Loan EMI Calculator
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