Aditya Birla Car Loan Key Features
| Aditya Birla Car Loan Interest Rate | 7.35% per annum |
| Min Loan Amount | ₹ 1,00,000 |
| Max Loan Amount (Loan to Value) |
Loan up to 90%-100% of Pn Road Price |
| Loan Tenure | 1 year to 7 years |
| Lowest EMI / Lac | ₹ 1,517 |
| Minimum Net Monthly Income | ₹ 20,000 |
| Minimum ITR for Self Employed | ₹ 300,000 |
| Age Criteria | Salaried: 18 years to 75 years Self Employed: 18 years to 75 years |
| Types of Cars | For All New Passenger Cars, Multi Utility Vehicles (MUVs) and Sport Utility Vehicle (SUVs), Compact Car, Premium Cars and Super Premium Cars. |
| Processing Fee | Starts from 0.23% of the loan amount |
| Foreclosure Charges | NIL |
| Basic Documentation | ID Proof, Address Proof, Salary Slip, Bank Statement and Car Quotation |
About Aditya Birla Car Loan
Aditya Birla Finance Limited is the major well-diversified non-banking financial services company in India. It has 850+ branches over India. Aditya Birla has 2 lakh operators and various bank partners.
Aditya Birla offers Car Loans at affordable rate of interest to the consumer for buying their dream car either new or second hand. It is an easily available loan which can be acquired by anyone who has less credit/CIBIL score.
Advantages of Aditya Birla Car Loan
Aditya Birla Car Loan Eligibility
| Salaried Individual |
|
| Self-Employed Individuals |
|
| Self-Employed Non-Individuals (Company/Partnership) |
|
| Priority Customers |
|
Aditya Birla Car Loan Interest Rate, Fees and Charges
| Charges | New Car Loan | Used Car Loan |
| Interest Rate | 7.35% p.a. | 10% -15% p.a. |
| Processing fee | Starts from 0.23% of the loan amount | Starts from 0.23% of the loan amount |
| Issuance of Duplicate Repayment Schedule Charges | Rs.250 per instance | Rs.250 per instance |
| Foreclosure Charges | NIL | NIL |
| Penal Interest | 2% per month | 2% per month |
| Part Payment charges | 2% of the paid amount | 2% of the paid amount |
| Cheque/Instrument Swap Charge | Rs.750 per instance | Rs.750 per instance |
| Documentation Charge | Rs. 500 per instance | Rs.500 per instance |
| Issuance of Duplicate No Dues Certificate Charges | Rs.500 per instance | Rs.500 per instance |
| Registration Certification Collection Charge | Rs.250 per instance | Rs.250 per instance |
| Cheque Bounce/Instrument Return Charges | Rs.750 per instance | Rs.750 per instance |
| Issuance of Duplicate Statement Charges | Rs.250 per instance | Rs.250 per instance |
| Loan Cancellation/Re-booking Charges | NA | NA |
| Issuance of Credit Report | Rs.50 per instance | Rs.50 per instance |
Aditya Birla Car Loan Documents Required
Salaried Individual
| Category | Documents Required |
| Identity Proof
(Any 1) |
Driving Licence Aadhaar Card Passport PAN Voter ID |
| Address Proof
(Any 1) |
Driving Licence Aadhaar Card Passport PAN Voter ID |
| Date of Birth Proof
(Any 1) |
Birth Certificate Passport Driving Licence PAN |
| Signature Proof
(Any 1) |
Passport Bankers Verification PAN |
| Income Proof | Latest Form 16 and Salary Slips |
| Bank Statement | Bank statement of last 3 months |
| Employment Continuity Proof | Work Experience Certificate ITR of Form 16 Salary Slip with Joining Date Appointment Letter Letter of Relieving |
Self-Employed Individuals
| Category | Documents Required |
| Identity Proof (Any 1) | Driving Licence Aadhaar Card Passport PAN Voter ID |
| Address Proof (Any 1) | Driving Licence Aadhaar Card Passport PAN Voter ID |
| Date of Birth Proof (Any 1) | Birth Certificate Passport Driving Licence PAN |
| Signature Proof (Any 1) | Passport Bankers Verification PAN |
| Income Proof | Latest Form 16 and Salary Slips |
| Bank Statement | Bank statement of last 3 months |
| Employment Continuity Proof | Shop & Establishment Act Certificate Current Account Statement SSI or MSME Registration Certificate Sales Tax or VAT Certificate |
| Business Proof | Current Account Statement Telephone Bill Electricity Bill Shop & Establishment Act Certificate SSI or MSME Registration Certificate Sales Tax or VAT Certificate Registered Lease Document with other utility bills |
Self-Employed Non-Individuals:
1. Partnership Firms/Societies
| Category | Documents Required |
| Identity Proof (Any 1) | Driving Licence Aadhaar Card Passport PAN Voter ID |
| Address Proof (Any 1) | Driving Licence Aadhaar Card Passport PAN Voter ID |
| Income Proof | Audited Balance Sheet P&L Account and ITR for the previous 2 years |
| Bank Statement | Bank statement of last 3 months |
| Business Continuity Proof | Shop & Establishment Act Certificate Current Account Statement SSI or MSME Registration Certificate Sales Tax or VAT Certificate |
| Additional documents | Authority Letter/PAN cards |
2. Private Limited/Limited Companies
| Category | Documents Required |
| Identity Proof | Copy of Latest MOA Copy of Incorporation Copy of Latest AOA |
| Address Proof (Any 1) |
Current Account Statement
Telephone Bill Electricity Bill Shop & Establishment Act Certificate SSI or MSME Registration Certificate Sales Tax or VAT Certificate Registered Lease Document with other utility bills |
| Income Proof | Audited Balance Sheet P&L Account and ITR for the previous 2 years |
| Bank Statement | Bank statement of last 3 months |
| Business Continuity Proof | Shop & Establishment Act Certificate Current Account Statement SSI or MSME Registration Certificate Sales Tax or VAT Certificate |
| Additional documents |
List of Directors and Shareholding Partners
PAN Card Board Resolution Certificate of Commencement of Business for Ltd. Co. |
Aditya Birla Car Loan EMI Calculator
The applicant has the option to check the EMI’s before getting a Car Loan from Aditya Birla. So, you can easily check out through the link below:
Aditya Birla Car Loan Types
Aditya Birla provides different types of car loans to its customers. You have the option of selecting the offer which suits your need the best. Aditya Birla offers the following types of Car Loans:
- New Car Loan – Those who want to purchase a new car, this is the proposal for you. You can take a Car Loan from Aditya Birla for a minimum of Rs. 1 lakh and a minimum tenure of 7 years.
- Used Car Loan – If you wish to buy a used car from Aditya Birla then you can select this proposal which offers a minimum loan of Rs. 1 lakh and a minimum tenure of 5 years.
- Loan Against Car – You can choose for this proposal if you are in need of urgent funds from Aditya Birla where you can keep your cars as security with the bank 90% – 100% of your car’s value.
Aditya Birla Car Loan Pre Calculated EMI
How to Apply for Aditya Birla Car Loan?
- Visit Dialabank and fill a form.
- Our Relationship Manager will contact you and assist you throughout the process.
- You can compare different offers from banks and pick the one which suits you.
- So, you can easily apply for a Car Loan through Dialabank and enjoy offers.
Aditya Birla Car Loan for Top Selling Cars
Other Available Products from Aditya Birla
| Aditya Birla Personal Loan | Aditya Birla Gold Loan | Aditya Birla Home Loan |
| Aditya Birla Credit Card | Aditya Birla Two Wheeler Loan | Aditya Birla Education Loan |
FAQs for Aditya Birla Car Loan
✅ What is Aditya Birla Car Loan?
Aditya Birla Car Loan is a financial product provided to you to buy a car, it can be new or used.
✅ How can I get Car Loan from Aditya Birla?
You can get a car loan from Aditya Birla by visiting the nearest Aditya Birla branch. You will get satisfaction to apply from anywhere with Aditya Birla.
✅ How does Aditya Birla Bank Car Loan work?
Aditya Birla works on providing the funding to its customers for a car loan at attractive interest rates. You can avail a car loan easily and quickly. Aditya Birla provides flexible loan tenure period up to 7 years.
✅ What is the Car Loan Interest Rate in Aditya Birla?
The interest rate in Aditya Birla for a car loan starts at 7.35%.
✅ How to Check Car Loan status in Aditya Birla?
You must visit the branch of Aditya Birla to check your car loan status. Also, you can use the net-banking services of Aditya Birla to check your car loan status.
✅ How to Calculate Car Loan interest in Aditya Birla?
To calculate your car loan interest in Aditya Birla, the following information is required:
- Loan tenure period
- Loan amount
- Rate of Interest
You can calculate your car loan interest and EMI of Aditya Birla through the EMI calculator.
✅ What is the maximum loan amount I can avail on Car Loan from Aditya Birla?
The maximum loan amount for a car loan from Aditya Birla provides 90%-100% funding of on road Price.
✅ What is the loan tenure of Aditya Birla Car Loan?
The loan tenure of Aditya Birla for a car loan is up to 7 years.
✅ Can I get 100% Car Loan from Aditya Birla?
Yes, you can get loan up to 100% funding of your car price for availing a car loan from Aditya Birla.
✅ How much processing fee is applicable on Aditya Birla Car Loan?
The processing fee is 0.23% of the loan amount on Aditya Birla for availing a car loan.
✅ What are the EMI options available on Aditya Birla Car Loan?
The EMI options available on Aditya Birla car loan are:
- Electronic Clearance System
- Standing Instruction
- Post Dated Cheques
✅ What are the charges for Prepayment in Aditya Birla Car Loan?
The prepayment charges in Aditya Birla is according to the loan amount for availing a car loan.
✅ Can I get a top-up loan on my existing Aditya Birla Car Loan?
Yes, you can get a top-up loan on your existing Aditya Birla car loan. Also, get a top-up car loan by visiting the online platform of Dialabank.
✅ Do I need to provide a guarantor to avail a car loan from Aditya Birla?
No, you do not need to provide a guarantor to avail a car loan from Aditya Birla.
✅ How to get Aditya Birla Car Loan Statement?
To get a car loan statement of Aditya Birla, you can utilize Aditya Birla’s mobile banking app. Also, visit the nearest Aditya Birla branch and get your car loan statement.
✅ How to pay Aditya Birla Car Loan interest online?
You can pay your car loan interest through the net-banking services of Aditya Birla. If you are searching for a low-interest car loan, you must visit Dialabank online.
✅ What if I can’t pay the interest on Aditya Birla Car Loan for 3 months?
If you can’t pay the interest on Aditya Birla Car Loan for 3 months, then it will be added to the outstanding loan amount and repayment charges will redraft.
✅ How can I apply for EMI Moratorium on Aditya Birla Car Loan?
You can apply for EMI Moratorium on Aditya Birla through visiting the nearby Aditya Birla branch or you can submit a request through an email. Also, if you want relief for the balance duration, you must apply through Dialabank.
✅ What is the number for Aditya Birla Car Loan agent?
The number for Aditya Birla Car Loan agent is 1800 270 7000.
✅ Can I close Aditya Birla car loan online?
You can close your car loan from Aditya Birla by using the net-banking page of Aditya Birla. You have to log in with your details on the net -banking page and pay your car loan.
✅ What is Aditya Birla Car Loan Customer Care Number?
The customer care number of Aditya Birla for car loan queries is 1800 270 7000.
✅ How can I get NOC from Aditya Birla for a car loan?
You can get a car loan NOC from Aditya Birla after the payment of your car loan amount.