Arunachal Pradesh Rural Bank Car Loan

⋆ Interest Rate 9.99% ⋆

      I have read the Privacy Policy & Agree to Terms & Conditions

      Why us?

      Rates as low as 9.99%*
      Loans Up to 30 Lacs
      Same Day Disbursal
      Doorstep Service
      Unbiased Experts Advice

      Arunachal Pradesh Rural Bank Car Loan

      Arunachal Pradesh Rural Bank Car Loan Key Features – Jun 25 2022

      Arunachal Pradesh Rural Bank Car Loan Interest Rate

      7.35% per annum

      Min Loan Amount ₹ 100,000
      Max Loan Amount Loan up to 90% of On Road Price
      (Loan to Value) or 100% of Ex-showroom Price
      Arunachal Pradesh Rural Bank car Loan Tenure 12 to 60 months
      Lowest EMI / Lac ₹ 1,622
      Minimum Net Monthly Income ₹ 20,000
      Minimum ITR for Self Employed ₹ 2,00,000
      Age Criteria Salaried: 21 years to 60 years
      Self Employed: 21 years to 65 years
      Types of Cars For All New Passenger Cars, Multi Utility Vehicles (MUVs), and Sport Utility Vehicle (SUVs).
      Arunachal Pradesh Rural Bank car loan Processing Fee 0.40% of the principal amount
      Foreclosure Charges 6% (7-12 months)
      Basic Documentation Address Proof, Bank Statement, Car Quotation and ID Proof, Experience Proof, Latest Photograph

      About Arunachal Pradesh Rural Bank Car Loan

      Arunachal Pradesh Rural Bank in India was established on 30-11-1983. It is headquartered in Naharlagun, and its address is E Sector, Shiv Mandir Road, Naharlagun – 791 110, Arunachal Pradesh. It has 28 branches nationwide.

      It provides all financial services to its customers such as deposit, fixed deposit, repeat deposit, cash loan, mortgage loan, netbanking, RTGS, NEFT, IMPS, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.

      Arunachal Pradesh Rural Bank Car Loan Interest Rates, Car Loan Updated 21 Jan 2021. Apply for a Car Loan online. Find out the loan objectives of Arunachal Pradesh Rural Bank, Eligibility, Margin, Car Loan Repayment, Security, Required Car Loan Documents listed below.

      Advantages of Arunachal Pradesh Rural Bank Car Loan 

      Arunachal Pradesh Rural Bank Car Loan

      Arunachal Pradesh Rural Bank Car Loan Eligibility

      Salaried Individual
      • Age – 21-60 years of age
      • Net Monthly Income – should be a minimum of ₹ 20,000
      • Employment Duration – Minimum 1 year
      • Income Eligibility – Depends on Form 16 and Salary Slip
      Self-Employed Individuals
      • Age – 21-70 years of age
      • Minimum ITR  – Rs. 4 lakh, Rs. 18 lakhs (for selected car models)
      • Employment Duration – Minimum 3 years
      • Income Eligibility – Depends on the latest Income Tax Returns
      Self-Employed Non-Individuals (Company/Partnership)
      • Minimum ITR  – Rs. 4 lakh, Rs. 18 lakhs (for selected car models)
      • Employment Duration – Minimum 3 years
      • The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
      Priority Customers
      • Applicant should have a vintage of at least 6 months
      • Average Quarterly Balance – Minimum Rs.1 lakh for last 2 quarters
      • Maximum Loan Amount – 3 X Average Quarterly Balance of Last 2 quarters

      Arunachal Pradesh Rural Bank Car Loan Interest Rate, Fees, and Charges

      Charges New Car Loan Used Car Loan
      Interest Rate

      7.35% per annum

      14.80% p.a. to 16.80% p.a.
      Arunachal Pradesh Rural Bank car loan Processing fee 0.40% 0.40%
      Issuance of Duplicate Repayment Schedule Charges Around Rs.500 Around Rs.500
      Foreclosure Charges 6% 6%
      Penal Interest 2% PM 2% PM
      Arunachal Pradesh Rural Bank 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

      Arunachal Pradesh Rural Bank Car Loan Documents Required

      Salaried Individual

      Category Documents Required
      Identity Proof

      Passport
      Voter ID
      Aadhar Card
      Driving License

      Address Proof

      Aadhar Card
      PAN
      Driving License
      Electricity Bill

      Date of Birth Proof Passport
      Birth Certificate
      High School Marksheet
      Driving Licence
      Signature Proof PAN
      Bankers Verification
      Passport
      Income Proof Salary Slip and latest Form No.16
      Bank Statement Last 6 month Bank statement
      Employment Continuity Proof Job card by NREGA
      ITR of Form no. 16
      Salary Slip mentioned with joining date
      Letter of Appointment

      Self-Employed Individuals

      Category Documents Required
      Identity Proof PAN Card
      Passport
      Voter ID
      Aadhar Card
      Address Proof PAN Card
      Voter ID
      Passport
      Electricity Bill
      Date of Birth Proof Birth Certificate
      Passport
      Driving Licence
      PAN
      Signature Proof PAN
      Bankers Verification
      Passport
      Bank Statement Bank statement of last 6 months
      Employment Continuity Proof Latest ITRs
      Shop & Establishment Act Certificate
      Shop & Establishment Act Certificate
      Sales Tax or VAT Certificate
      Business Proof Registration Certificate
      Telephone Bill/Electricity Bill
      Shop & Establishment Act Certificate
      SSI or MSME Registration Certificate

      Self-Employed Non-Individuals:

      Partnership Firms/Societies

      Category Documents Required
      Identity Proof Driving Licence
      PAN Card
      Aadhar Card
      Passport
      Address Proof Electricity Bill/Telephone Bill
      Aadhar Card
      Driving License
      Voter ID
      Income Proof Audited Balance Sheet
      P&L Account
      ITR for the previous 2 years
      Bank Statement Last 6 month
      Business Continuity Proof Company ITR of the last 2 years
      Audited Balance Sheet
      TAX registration Certificate
      Current Account Statement
      Additional documents Letter of Authority or PAN Card

      Private Limited/Limited Companies

      Category Documents Required
      Identity Proof The latest copy of MOA and AOA
      Copy of Incorporation
      Address Proof (Any 1) SSI/MSME Registration Certificate
      Telephone Bill
      Electricity Bill
      Shop & Establishment Act Certificate
      Sales Tax Certificate
      Income Proof Audited Balance Sheet
      P&L Account and ITR for the previous 2 years
      Bank Statement Previous 6 Months
      Business Continuity Proof P&L account and
      ITR of the Company of the past 2 years
      Audited Balance Sheet
      Shop & Establishment Act Certificate
      Additional documents
      List of Shareholding partners and Directors
      Board Resolution
      PAN Card
      Certificate of Commencement of Business for Ltd. Co.

      Arunachal Pradesh Rural Bank Car Loan EMI Calculator

      Any interested individual can apply for the Arunachal Pradesh Rural Bank Car Loan by visiting the below-mentioned address. 

      Car Loan EMI Calculator

      Arunachal Pradesh Rural Bank Car Loan Types

      Arunachal Pradesh Rural Bank Car Loan has many options for interested people. Some of them are:

      1. New Car Loan –  This kind of car loan provides credit to the applicant who is willing to buy a brand new car and provides a tenure of as long as seven years.
      2. Used Car Loan – With this, you can buy any used car with all necessary documents using the Arunachal Pradesh Rural Bank used car loan feature with a tenure of 5 years.
      3. Loan Against Car – You can use your car as security and get a loan against it for quickly allocating essential funds.

      How to Apply for Arunachal Pradesh Rural Bank Car Loan?

      1. Visit Dialabank.
      2. Fill out the form that is available at the top of the page.
      3. Wait for our Relationship Manager will get in touch with you.
      4. You will be helped in comparing the different rates and choose the best way to go about the Arunachal Pradesh Rural Bank Car Loan.
      5. You can get instant approval through Dialabank.

      FAQs for Arunachal Pradesh Rural Bank Car Loan

      ✅ What is Arunachal Pradesh Rural Bank Car Loan?

      Arunachal Pradesh Rural Bank Car Loan is a financial product of Arunachal Pradesh Rural Bank, which provides loans to the customers for purchasing a Car.

      ✅ How can I get a Car Loan from Arunachal Pradesh Rural Bank?

      You can apply for a Car Loan with Arunachal Pradesh Rural Bank by directly contacting the branch or apply with Dialabank for exciting offers on a Car Loan.

      ✅ How does Arunachal Pradesh Rural Bank Car Loan work?

      Arunachal Pradesh Rural Bank provides Loans to applicants willing to purchase a new car, and the car is the only collateral involved in the process. Monthly EMIs are fixed, with interest rates being charged on them.

      ✅ What is the Arunachal Pradesh Rural Bank Car Loan Rates?

      7.35% per annum

      is the Minimum Rate of Interest charged by Arunachal Pradesh Rural Bank against the loan.

      ✅ How to Check the Arunachal Pradesh Rural Bank car loan status?

      You can check your Car Loan status by directly entering your Loan details in the “Loan Status” address on Arunachal Pradesh Rural Bank official website. Or just contact Arunachal Pradesh Rural Bank car Loan Department.

      ✅ How to Calculate Car Loan Interest in Arunachal Pradesh Rural Bank?

      You can easily calculate the Interest as well as the EMI of your Loan by using Dialabank’s EMI Calculator.

      ✅ What is the maximum loan amount I can avail myself of on a Car Loan from Arunachal Pradesh Rural Bank?

      Maximum Loan depends upon the Profile of the applicant and the Price/variant of the car. In contrast, you can get a loan up to 100% value of the ex-showroom price.

      ✅ What is the loan tenure of Arunachal Pradesh Rural Bank Bank Car Loan?

      The tenure of the Arunachal Pradesh Rural Bank car Loan can go up to 60 months.

      ✅ Can I get a 100% Car Loan from Arunachal Pradesh Rural Bank Bank?

      Yes, you can avail 100% Car Loan on the ex-showroom price of the car.

      ✅ How much Processing Fee is applicable on Arunachal Pradesh Rural Bank Car Loan?

      0.40% of the principal amount is the basic Processing Fee charged by Arunachal Pradesh Rural Bank on Car Loans.

      ✅ What are the EMI options available on the Arunachal Pradesh Rural Bank car loan?

      The options available are Step-Up EMI and Balloon EMI.

      ✅ What are the Arunachal Pradesh Rural Bank Car Loan Prepayment charges?

      Up to 5% of the outstanding amount can be charged as Foreclosure Charges on Prepayment of the loan, and to know the Arunachal Pradesh Rural Bank car loan foreclosure process, you can contact the bank.

      ✅ Can I get a top-up loan on my existing Arunachal Pradesh Rural Bank car loan?

      Yes, Arunachal Pradesh Rural Bank provides an option of Top-up Loan on Arunachal Pradesh Rural Bank Car Loan for existing customers.

      ✅ Do I need to provide a guarantor to avail myself of a car loan from Arunachal Pradesh Rural Bank?

      No, Arunachal Pradesh Rural Bank Car Loan Doesn’t require any guarantor.

      ✅ How to get Arunachal Pradesh Rural Bank Car Loan Statement?

      Get your Arunachal Pradesh Rural Bank Car Loan statement by logging in to a car loan portal or Get it directly from the branch.

      ✅ How to Pay Arunachal Pradesh Rural Bank Bank Car Loan Interest Online?

      Pay your Arunachal Pradesh Rural Bank Bank car Loan online by using Net Banking on Arunachal Pradesh Rural Bank’s official website.

      ✅ What if I can’t pay the interest on Arunachal Pradesh Rural Bank Car Loan for three months?

      The Bank charges around Rs.100 + GST for each EMI not paid on time.

      ✅ How can I apply for EMI Moratorium on Arunachal Pradesh Rural Bank Car Loan?

      You can apply for EMI Moratorium by the direct link provided by the Bank through SMS or By visiting the Arunachal Pradesh Rural Bank Official Website.

      ✅ What is the number for Arunachal Pradesh Rural Bank Car Loan agent?

      Dialabank is the most reliable Car Loan agent in Arunachal Pradesh Rural Bank so Call us at 9878981166.

      ✅ How to close the Arunachal Pradesh Rural Bank car loan online?

      You can initiate the Loan Closure procedure online but have to visit the branch to finish it.

      ✅ What is Arunachal Pradesh Rural Bank Car Loan Customer Care Number?

      Just call us at 9878981166 if you need help with Arunachal Pradesh Bank Car Loan.

      ✅ How can I get an Arunachal Pradesh Rural Bank car loan NOC online?

      Follow the following steps to get your Arunachal Pradesh Rural Bank bank car loan NOC online or to place an Arunachal Pradesh Rural Bank’s car loan NOC request:
      > Log in to Arunachal Pradesh Rural Bank website with your credentials -> Customer Service -> Service Request -> Product -> Request for NOC.
      OR
      Visit the nearest Arunachal Pradesh Rural Bank Bank Branch.

      What is the Arunachal Pradesh Rural Bank Car Loan closure procedure?

      • Just go to the bank with the documents.
      • Write a letter for pre-closure of the Arunachal Pradesh Rural Bank Car Loan account.
      • Pay the pre-closure charges as per Arunachal Pradesh Rural Bank Car Loan.

      What are the Arunachal Pradesh Rural Bank Car Loan preclosure charges?

      Arunachal Pradesh Rural Bank Car Loan preclosure charges are up to 5%+ GST.

      What is the Arunachal Pradesh Rural Bank Car Loan maximum tenure?

      The Arunachal Pradesh Rural Bank Car Loan’s maximum tenure is  60 months.

       What is the Arunachal Pradesh Rural Bank Car Loan minimum tenure?

      The Arunachal Pradesh Rural Bank Car Loan minimum tenure is 12 months.

      Table of Contents