Car Loan Palwal

Best Banks for Car Loan in Palwal

Car Loan Palwal Features

Dreaming of buying your own car? But don’t have enough funds? Don’t worry. We at the Dialabank financial services help customers to compare, analyze and choose the best possible loans.

Car loans are provided by banks and NBFC’s for both ex-showroom and on-road prices and for both brand new and second-hand cars. You can easily get car loans in Morigaon tailor-made for you, by choosing the tenure of the loan yourself! Some of the other features you can get access to are:

• Car loans are available at low-interest rates
• Almost all major banks and NBFCs offer car loans in Morigaon in your vicinity
• The documentation process is quick, efficient and hassle-free
• Car loans are easily available through DialaBank

Car Loan Palwal Interest Rates

To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

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Car Loan Palwal Documents Required

Documents required for car loan are as follows:

For Salaried Individuals

1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
2. Income Proof: – Latest 3-month salary slip with form 16
3. Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
4. Bank Statement: Last 6 months.

 For Self Employed

• Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
• Income Proof: – Latest ITR reports.
• 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 Palwal Eligibility Criteria

Car loan eligibility criteria for the salaried and self-employed applicants for a car loan in Palwal vary in the following manner:

For Salaried Applicants

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment:  1 year in current employment and a minimum of 2 years of employment
4. Minimum Annual Income: Rs 100000 net annual income.

For Self Employed Applicants

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: at least 3 years in business
4. Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars.

Car Loan for Major Car Manufacturers in Palwal

TABLE WILL APPEAR

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Processing Fees & Prepayment Charges on Car Loan in Palwal

CIBIL Score Required for Car Loan Palwal

Every lending institution has its requirement for the minimum CIBIL score needed for processing the Car Loan application in Palwal so that they can minimize the risk of lending to you and also if your CIBIL score is high you get an interest rate at a much lower interest rate than others. Most institutions ask for a minimum score of CIBIL of 750 or above to process your loan application. Also having a good CIBIL score helps to loans at a cheaper rate of interest.

The institutions don’t just check the overall CIBIL score but even the detailed behaviour on the previous loans taken and paid. This includes details on the type of loans availed and the sum borrowed.

Car Loan Palwal Contact Number

If you have any queries regarding the car loan in Palwal, feel free to contact us on the number 9878981166 for assistance.

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Pre Calculated EMI Table for Car Loan Palwal

Car Loan EMI Calculator

Online Car Loan EMI Calculator

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