Best Banks for Car Loan in Bastar
⍟ Loan Approval in 30 Minutes
7.35% per annum The interest rates on car loans offered by various lenders in Bastar may differ, but they are all quite lucrative. If you want to get a car loan in Bastar with the ideal interest rate, follow the given steps: Choosing a car loan in Bastar is a simple process with Dialabank. Few steps to be followed are: Many major banks, including HDFC, Private, and SBI, offer vehicle loans here. The best lender is one that can provide you with the loan amount you require at a lucrative interest rate and can hand out the funds as quickly as possible. TABLE WILL APPEAR A better credit score means good repayment history which in turn makes your car loan application process easy. Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Bastar. In case of any queries regarding the car loan in Bastar, you may contact on the number 9878981166 for any assistance. Bastar is located in the state of Chhattisgarh. It is known for its beautiful forests and tribal culture, and also for its beautiful waterfalls such as the Chitrakote waterfalls. Its population is around 14.2 lakhs. No, the death of the person who availed of the loan doesn’t mean that the loan will be waived off. If you have a decent repayment history with your current lender, many lenders will grant you a loan on your vehicle. A car loan does not cover the insurance and registration costs, as it is necessary to be paid for separately.
Car Loan Bastar Features
⍟ Lowest Rate of Interest
⍟ Up to 100% on Road Loan
⍟ Minimum Documentation
⍟ Paperless Process
⍟ Flexible Repayment
⍟ Zero Foreclosure
⍟ 24 x 7 Online Payment Facility
⍟ No Hidden Charges
Car Loan Bastar Eligibility Criteria
Salaried Individual
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
Minimum ITR – Rs.2 lakh
Employment Duration – Minimum 3 years
Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh
Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarters
Car Loan Bastar EMI Calculator
Car Loan Bastar Fees & Charges
Charges
New Car Loan
Used Car Loan
Interest Rate
11.80% p.a. to 13.80% p.a.
Car loan Processing fees
0.5%
0.5%
Issuance of Duplicate Repayment Schedule Charges
Around Rs.500
Around Rs.500
Foreclosure Charges
0.06
0.06
Penal Interest
2% PM
2% PM
Car loan Part Payment charges
6% of the amount
6% of the amount
Cheque/Instrument Swap Charge
Around Rs.500
Around Rs.500
Documentation Charge
Around Rs. 500
Around Rs. 500
Issuance of Duplicate No Dues Certificate Charges
Around Rs. 500
Around Rs. 500
Registration Certification Collection Charge
Around Rs. 200
Around Rs. 200
Cheque Bounce/Instrument Return Charges
Around Rs. 500
Around Rs. 500
Issuance of Duplicate Statement Charges
Around Rs. 500
Around Rs. 500
Loan Cancellation/Re-booking Charges
Around Rs. 1000
Around Rs. 1000
Issuance of Credit Report
Around Rs. 50
Around Rs. 50
Car Loan Bastar Fees and Charges: Leading Banks – Apr 19 2024
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 Bastar Documents Required
Salaried Individual
Category
Identity Proof (Any 1)
Passport
Voter ID
Aadhar Card
Driving License
Address Proof (Any 1)
Aadhar Card
PAN
Driving License
Electricity Bill
Date of Birth Proof(Any 1)
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
Bankers Verification
Passport
Income Proof
Bank Statement
Employment Continuity Proof
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment
Self-Employed Individuals
Category
Identity Proof (Any 1)
PAN Card
Passport
Voter ID
Aadhar Card
Address Proof (Any 1)
PAN Card
Voter ID
Passport
Electricity Bill
Date of Birth Proof (Any 1)
Birth Certificate
Passport
Driving Licence
PAN
Signature Proof (Any 1)
Bankers Verification
Passport
Bank Statement
Employment Continuity Proof
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Self-Employed Non-Individuals:
1. Partnership Firms/Societies
Category
Identity Proof (Any 1)
Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Aadhar Card
Driving License
Voter ID
Income Proof
P&L Account
ITR for the previous 2 years
Bank Statement
Last 6 month
Business Continuity Proof
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
2. Private Limited/Limited Companies
Category
Identity Proof
Copy of Incorporation
Address Proof (Any 1)
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
P&L Account and ITR for the previous 2 years
Bank Statement
Previous 6 Months
Business Continuity Proof
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.
How to Get the Best Car Loan Interest Rates in Bastar
How to Apply for a Car Loan in Bastar?
Which Bank in Bastar Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Bastar
Processing Fees / Prepayment Charges on Car Loan Bastar
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 Bastar
Car Loan Bastar Contact Number
Pre Calculated EMI Table for Car Loan Bastar
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 Bastar
Car Loan Banks in Bastar
Bank Name
Bank Address
IFSC Code
ANDHRA BANK
MAIN ROAD, NH 30, KESHKAL VILLAGE AND TEHSIL, BASTAR DISTRICT, CHATTISGARH 494331
ANDB0002494
BANK OF BARODA
PANCHAYAT BHAVAN DILMILI JAGDALPUR BASTAR CHHATTISGARH 494442
BARB0DILMIL
BANK OF BARODA
VILLAGE MADHOTA TEHSIL BASTAR CHHATTISGARH 494223
BARB0MATHOT
BANK OF INDIA
PURANA PRATHAMIK SCHOOL FRNGPARA IN FRONT OF MASZID VILLAGE BALENGA PIN 494347
BKID0009044
CENTRAL BANK OF INDIA
AT & PO MARKEL, TEHIL GADALPUR, PIN 494001, BASTAR, CHHATTISGARH
CBIN0284074
IDBI BANK
VILLAGE ALNAR, BLOCK LOHANDIGUDA, DISTRICT BASTAR, CHHATTISGARH -494010
IBKL0002099
IDBI BANK
VILLAGE MUNDAGAON, BLOCK BASTAR, DISTRICT BASTAR, CHHATTISGARH -494224
IBKL0002100
IDBI BANK
VILLAGE ULNAR, BLOCK BAKAWAND, DISTRICT BASTAR, CHHATTISGARH -494222
IBKL0002101
Private BANK LIMITED
Private BANK LTD BASTAR BRANCH SDM ROAD RAJENDRA NAGAR WARD BASTAR CHHATTISGARH PIN 494223
ICIC0003601
PUNJAB NATIONAL BANK
BADEMARENGA, DIST BASTAR CG JAGDA 492442
PUNB0971300
STATE BANK OF INDIA
DIST BASTAR, CHATTISGARH 494228
SBIN0003756
STATE BANK OF INDIA
DIST BASTAR, CHHATTISGARH 494223
SBIN0005467
STATE BANK OF INDIA
DIST BASTARSTATE CHATTISGARHPIN 494222
SBIN0005505
STATE BANK OF INDIA
DIST BASTAR, CHHATTISGARH 494224
SBIN0006077
STATE BANK OF INDIA
DIST BASTAR, CHHATTISGARH 494223
SBIN0006215
STATE BANK OF INDIA
DIST BASTAR,CHHATTISGARH 494221
SBIN0009101
STATE BANK OF INDIA
MAHILA PRASHIKSHAN KENDRA, MAIN ROAD, PANDRIPANI, DIST.BASTAR, CHATTISGARH-494001
SBIN0018683
STATE BANK OF INDIA
CHHAPAR BHANPURI, SWASTHY KENDRA BHAVAN, CHITRAKUT ROAD, CHHAPR BHANPURI, DIST. BASTAR, CHATTISGARH-494010
SBIN0018684
STATE BANK OF INDIA
BHARTIYA MAHILA BANK LIMITED, UP DOWN ROAD, MAHURBANDPARA KANKER, CHHATTISGARH, PIN CODE494334
SBIN0032655
FAQ’s About Bastar Car Loan
✅ Is a car loan Bastar forgiven in case the applicant passes away?
✅ Is it ok to acquire a car loan Bastar on my current vehicle?
✅ What all is not covered in a car loan Bastar?