Major Car Loan Providers in Una
|
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 Una Features
A car loan is a financial help provided by banks and NBFC’s to fulfill your dream of having your car. They provide necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car. A Car Loan is a secured loan with easy repayment options. The loan amount is offered on Interest charges which vary from bank to bank. One can pay for the vehicle in easy installments.
Features of car loan in Una are:
- Up to 90-95% of the funding available for new cars
- Up to 80-85% of the funding available for used cars
- The loan period is usually between 1 to 7 years.
- The interest rate is calculated based on of compound interest.
- Equated Monthly Installment is worked out for repayment.
- Early settlement of the pending amount is available subject to the pre-payment penalty.
Car Loan Una Interest Rate
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 Una Documents Required
Documents required for a Car Loan in Una are as follows:
For Salaried Employee
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-months salary slip with form 16
- Address 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
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest ITR of the firm that the applicant owns
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Una Eligibility Criteria
Eligibility criteria for Car Loan in Una are as follows:
For Salaried Employees
- The minimum age criteria for applying for a car loan is 21 years.
- The Maximum age at loan maturity can not be more than 65 years
- The Minimum employment required for Salaried individuals is 1 year in current employment and a minimum of 2 years of employment
- The Minimum Annual Income Required For Salaried individuals is Rs 100000 net annual income
For Self Employed
- The minimum age criteria for applying for a car loan is 21 years.
- The Maximum age at loan maturity can not be more than 65 years
- For Self Employed it should be at least 3 years in business
- For Self- Employed a minimum Net profit of Rs. 60000 p.a is required for standard cars and Rs.100000 p.a. for mid-sized and premium cars
Car Loan for Major Car Manufacturers in Una
TABLE WILL APPEARProcessing Fees & Prepayment Charges on Car Loan Una
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 Una
CIBIL score reflects your credit history in the past as well as your defaults in repayment of your previous loans. A good credit score is considered as 750 and above as most of the financial institutions ask for a high credit score. Every bank and NBFC has different criteria for a minimum CIBIL score they require to process your loan. A Lower CIBIL score than 750 can attract a higher rate of interest.
A very low CIBIL score might lead to rejection of your loan as it is the first thing a bank tracks before processing your loan.
Car Loan Una Contact Number
For more information regarding the car loan in Una, you can call us on 9878981166. Or you can visit us at Dialabank for more information.
Pre Calculated EMI Table for Car Loan Una
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 Una
Una is a district in the state of Himachal Pradesh. Una has a population of around 5 lakhs in the whole district. The average population of Una is over 18,000. Una serves as one of the main entry points to the rest of Himachal Pradesh through the borders of Punjab at Nangal-Mehetpur checkpoint
Special Note: Banks do not provide Car Loans to bad credit holders, but one can fulfill their money requirement with Gold Loan easily.
Car Loan EMI Calculator
To calculate the Car Loan EMI, one can use the Car Loan EMI calculator available on Dialabank website. This calculator can be used multiple times, and is absolutely free of cost. EMI depends on the Interest Rate you are charged by the bank and the proportion of advance you need to take and the period for which you like the vehicle credit.
