Best Banks for Car Loan in Madhepura
Car Loan Madhepura Features
If purchasing a car is your dream and you lack funds for it, then you have come to the right place. We provide you with the best in market Interest rates and help you track your eligibility. Get the best Car Loan with easy documentation and the lowest EMIs.
Our loans are available for easy car loans to both salaried and the self-employed, which will not only help you raise funds but also assist you in researching and finding both new or pre-owned vehicle.
We provide feasible interest rates to both salaried as well as self-employed individuals. We offer car loans on new as well as old cars. We also provide loans against the car.
Features of car loan in Madhepura are:
- Easy monthly repayment options
- Instantly available
- Loan Tenure period varies from 1-7 years
- Affordable interest Rates
- No hidden charges
- Quick approval with minimum documentation
Car Loan Madhepura Interest Rates
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 Madhepura 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 Madhepura Eligibility Criteria
The car loan eligibility criteria 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 two years of employment
- Minimum Annual Income: Rs.100000 net annual income is required
For Self-Employed Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: At least three years of managing business operations
- 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 Madhepura
TABLE WILL APPEAR Apply for a Car LoanProcessing Fees / Prepayment Charges on Car Loan Madhepura
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 Madhepura
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 car loan interest rates.
A very low CIBIL score might lead to rejection of your loan as it is the first thing a bank tracks before car loan process.
Car Loan Madhepura Agent Contact Number
For more information or any assistance regarding the car loan in Madhepura, you can either visit our website Dialabank or contact us on 9878981166
Pre Calculated EMI Table for Car Loan Madhepura
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
Car Loan EMI Calculator Madhepura
About Madhepura
Madhepura is a city in the Bihar state, a part of the Kosi Division. It has a total population of around 3 lakhs. Some of the famous places in Madhepura are Singheshwar temple, Nayanagar Durga Sthan, and Dakini Sthan. As per the census of 2001 in India, this place had a population of nearly 45,015, with males constituting 55% of the population and females 45% of the tool population. The town has significantly witnessed an average literacy rate of 62%, which is higher than the national average of 59.5%; wherein male literacy is 71%, and female literacy is 51%.
Other Cities for Car Loan in Bihar
Car Loan Jehanabad | Car Loan Gaya |
Car Loan Jamui | Car Loan Dehri |
Car Loan Hajipur | Car Loan Darbhanga |
Car Loan Gopalganj | Car Loan Buxar |