Car Loan Shirdi

Car Loan Shirdi

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Best Banks for Car Loan in Shirdi

Feature	HDFC Bank	Private Bank	Kotak Mahindra Bank
Interest Rate	8% - 8.4 %	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 Shirdi Features

car loan shirdi

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A vehicle advance is a measure of money a customer obtains from financial institutions like banks to buy their dream vehicle. The advance sum is possibly up to 85% of the all-out expense of your dream vehicle dependent on Ex-Showroom or On-Road cost. The loan amount will vary from bank to bank. The credit sum can be reimbursed in portions.

Vehicle credits in Shirdi regularly offer a fixed pace of interest options. This implies you are constantly guaranteed a fixed sum that should be reimbursed month to month. Vehicle advances are not implied for simply new vehicles but also for the second-hand vehicles.

Some key features of car loan in Shirdi are the following:

Easy monthly repayment options are available for you.
Instantly car loan available
Loan Tenure period varies from 1-7 years
There is a provision of an affordable interest Rates offers to fulfill your desires.
There are no hidden or additional charges

Car Loan Shirdi Interest Rates

Bank	Processing Fee	Prepayment Charges
HDFC Bank Car Loan	(1999 - 4999) + Tax	2%, Nil foreclosure charges after 24 months
Axis Bank Car Loan	1 % to 2.50%	Nil
Private Bank Car Loan	0.25% to 1.50%	2%, Nil foreclosure charges after 36 months
SBI Car Loan	500/- to 0.50%	Nil
Kotak Car Loan	1% to 2%	2.25% of fore closure amount if closed 1 month ahead of the tenure.
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

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Car Loan Shirdi 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 Shirdi Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried Applicants

Minimum age: 21 years
Maximum age at loan maturity: 60 years
Minimum employment: 1 year in current employment and a minimum of 2 years of employment
Minimum Annual Income: Rs.100000 net annual income

For Self-Employed Applicants

Minimum age: 30 years
Maximum age at loan maturity: 65 years
Minimum employment: At least 3 years in business
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 Shirdi

TABLE WILL APPEAR

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Processing Fees / Prepayment Charges on Car Loan in Shirdi

Category	Details
Processing Charges	1999 - 4999 + Tax
Prepayment	No prepayment is allowed until 12 EMIs are paid
Preclosure	No foreclosure is allowed until 12 EMIs are paid
Prepayment Charges	13-24 months: 2% of loan principal outstanding
Prepayment Charges	>36 months: Nil Charges
Stamp Duty	As per state laws
Cheque Bounce Chgs	₹ 550/chq + GST
Floating Rate of Interest	Not Applicable
Overdue EMI Interest	2% p.m.(on overdue amount)
Amortisation Schedule Chgs	Rs 200 + GST

CIBIL Score Required for Car Loan in Shirdi

A CIBIL score is a numeric score that describes an applicant’s ability to repay his past loans efficiently and regularly. Maintaining a good CIBIL score is essential if you want to avail of a car loan at a lower interest rate. Also, having a good CIBIL score increases the processing speed of your application.

Most of the banks except a 750+ score to process your car loan in Shirdi but these may be higher or lower depending upon the individual requirements of the banks. The minimum CIBIL score requirement for Car Loan Shirdi may vary from banks to banks.

A very low CIBIL score can lead to rejection of your loan as it is the first thing a bank tracks before processing your loan. Your record of previous loans is taken into consideration for a car loan. If there are any delay payments for previous loans, it will create a barrier for availing of a fresh loan.

Car Loan Shirdi Agent Contact Number

Apply online on the Dialabank site and get the best offers on a car loan with instant approval and extra benefits or make a call on this number 9878981166.

Pre Calculated EMI Table for Car Loan Shirdi

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 Shirdi

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About Shirdi

Shirdi likewise is known as Sainagar is a city in the Indian province of Maharashtra. It is situated in the Rahata Taluka of Ahmednagar District.

Shirdi is broadly known as the home of the late nineteenth-century holy saint Shri Sai Baba. The Shri Saibaba Sansthan Trust situated in Shirdi is one of the most extravagant sanctuary associations.