Purchasing a car is the dream of every Indian and today it becomes the status symbol of everyone. Nowadays, several banks and lending institutions provide a car loan at the lowest interest rate and affordable EMIs. A car loan can be helpful for those consumers who want to buy a new car but they do not get the car because of lack of money. It helps the borrower to build their credit history if the borrowers make their monthly payments on time.

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Find the Best Rate on Car Loan Godda

Best Rates on Car Loan in Godda as follow:

Interest Rates

9.20%*

Collateral Required

Hypothecation of the car

Loan Tenure

1 Yr to 5 Years

Max Funding

Up to 90% of Car Value

Pre-Closure Charges

0 % to 4 % of the outstanding loan amount

 

Find the Most Suitable offer for Car Loan Godda

Following are the most suitable offers for Car Loan Godda:

  1. Personalized Service: Our trained Relationship Managers will understand your requirements and your profile and help you find the most suitable Car Loan offer.
  2. Rate Comparison: We help you understand the details of all costs involved in taking a Car Loan and help you find the Cheapest Offer.
  3. Research: Benefit from our detailed research on all the products from the leading Car Loan players in the market and make the right choice.
  4. Zero Charges: Dialabank offers personalized service to its customers at zero fees. Use our services to find the right Car Loan deal at no extra cost.
  5. Unbiased and Transparent Search: Our objective is to simplify your Car Loan search and we provide information in an unbiased and transparent manner.

Features of Car Loan Godda

Following are the features Car Loan in Godda:

  1. Up to 90% funding available for new cars
  2. Up to 80% funding available for used cars
  3. Get maximum loan amount up to 3 times the annual salary (for salaried professionals) or 6 times the annual income (for self-employed professionals).
  4. Loan period is usually between 1 to 5 years.
  5. Interest is calculated on the basis of compound interest.
  6. Equated Monthly Instalment (EMI) is worked out for repayment.
  7. Early settlement of the pending amount is available subject to pre-payment penalty.

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Documentation Requirement for Car Loan Godda

While Availing for instant Car loans in Godda some important documents are required. Some of them are mentioned as under:

  1. Identity Proofs: PAN Card, Driving License, Passport or Voters ID
  2. Monthly income proofs: salary receipt for salaried persons and last three years of IT return for businessmen
  3. Proof of Address: Electricity Bill, Ration Card, Life Insurance Policy, etc.
  4. Bank Passbook transactions of the last 6 months
  5. Previous 3 years IT Returns for self-employed
  6. 2 Passport size photographs

Eligibility Criteria of Car Loan Godda

Following are the Eligibility of Car Loan in Godda:

  1. Minimum Age of Applicant: 21 years
  2. Maximum Age: 58 years (at the time of the maturity of the loan)
  3. Minimum Employment: 1 year in current employment and minimum 2 years of employment in general
  4. Minimum Annual Income: Rs 100,000 (net)

 

Car Loan

Benefits of Car Loan Godda

Following are the benefits of Car Loan in Godda:

One of the most important benefits is that you save your precious time by applying online, as the Car loan in Godda process is quite simple. Your Car loan gets approved within a day or even on the same day of application

Within a few minutes, you will receive an extended list of e-mails from lenders who will avail your online car loan in Godda. At the same time, you can compare the different Car loan terms and choose the best one available.

In addition to all these, the lenders also facilitate the bad credit holders with these loans. As well, the lenders also offer bad credit Car loan for individuals having bad credit.

About Godda

The city of Godda is a municipality in Godda district, the Indian state of Jharkhand. The Godda district has an area of 2110 km2. Godda had a population of 37,007. It was a part of undivided Santhal Pargana.

Tips To Avail the Best Deal in Car Loan Godda

These 4 keys to a right Car loan and you can ride around knowing you got the Best Car Loan Deal in Godda.

  1. Budget Analysis: Banks will be happy to lend you more money than you actually need. The first step, create a budget analysis to make sure that you borrow the right amount. By doing this, you will have an actual idea of how much money you can afford to buy a car. 
  2. Research the cost: An individual must go into the clear details of what will be the total cost of the car. He/She should be careful as the costs include more than just the purchase price. You will also need to consider insurance charges, fuel costs, maintenance charges, and interest rates.
  3. Check your credit score: Your credit score plays an important role in knowing whether the banks will consider your loan application for a car loan. Paying your previous loan payments in time helps you impress your banker for extending the amount of your car loan.
  4. Compare New vs Used: New cars depreciate much faster than old cars and it is important to decide between the two as the loan amount that you could be eligible for would vary between the two options.

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. ICICI Bank Car Loan
  8. AXIS bank Car Loan
  9. IDBI Car Loan

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

NIL

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

NIL

Legal, Repossession & Incidental charges

At Actuals

Duplicate no due certificate / NOC

NIL

CIBIL Charges (only on request)

Rs. 50/-

Loan Reschedulement charges

Rs. 1000/-

Special NOC

NIL

 

How to Apply?

Apply online on www.dialabank.com

 

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.