Best Banks for Car Loan in Agartala
Feature |
HDFC Bank |
ICICI 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 Agartala Features
As the development of our country continues, so does the development of roads. This, in turn, results in an increase in the demand for two-wheelers and four-wheelers. But buying these luxuries from the money from one’s own pocket isn’t always a feasible option.
This is where car loans help you. Car loans are provided by banks and NBFC’s for a specific period of time varying from 24 months to 60 months, for both brand new and second-hand ones. Car loans are provided for both ex-showroom and on-road prices and can be paid in easy installments. The rate of interest varies from bank to bank along a person should examine the information correlated to
documents required for car loan before deciding on the avail car loan.
Car Loan Agartala Interest Rate
|
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
|
|
ICICI 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
|
1%
|
Nil
|
|
Andhra Bank Car Loan
|
Nil
|
Nil
|
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Car Loan Agartala Documents Required
For Salaried Individuals:
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Address 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:
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest Income Tax Return
- 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 Agartala Eligibility Criteria
The car loan eligibility requirements are as followed in Agartala:
For Salaried Individuals:
- Minimum age: 21 years
- Minimum employment: 1 year in the current place of work and 2 years of total employment.
- Minimum Annual Income: Rs 100000 net annual income.
- Maximum age at loan maturity: 65 years
For Self Employed Individuals:
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: A minimum of 3 years in business.
- Minimum Annual Income: Net profit of Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
How to Apply for Car Loan in Agartala?
Availing a car loan Agartala is an easy process with Dialabank. Just follow some steps to avail the best offers:
- Visit our website and click on the car loan option available on the menu. Fill in the details regarding the car type and your income. Our relationship manager will soon get in touch with you on your provided number.
- You may also contact our relationship managers on the number +919878981166 in case of any queries regarding the loan.
- For availing a car loan offline you will have to visit the branch personally, which might turn hectic for you. So we advise you to do it online!
Car Loan for Major Car Manufacturers in Agartala
TABLE WILL APPEARProcessing Fees & Prepayment Charges on Car Loan Agartala
CIBIL Score Required for Car Loan in Agartala
The CIBIL score is referred to as your ability to pay off your credits. A higher Credit score means good credit history and makes your car loan application process smooth and easy.
Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Agartala. This score may again vary from bank to bank.
In case of a low CIBIL score than the required value, you will be required to pay a high rate interest rate on the loan amount. Thus, a CIBIL score is an important factor in a Car Loan.
Apply for a Car LoanCar Loan Agartala Contact Number
Dial us up at +919878981166 to get more information about car loans at Agartala and we will give you the best advice to help you fulfill your dream easily, quickly and efficiently.
Pre Calculated EMI Table for Car Loan Agartala
About Agartala
Agartala, the capital city of Tripura, is the second-largest city in the Northeast after Guwahati. Its Municipal corporation is one of the oldest ones, established by Birchandra Manikya in 1871. Agartala has developed a lot in recent years.
Its population is around 4 lakhs. It is famous for temples and palaces from the period of the Manikya kings, bamboo handicrafts and local hand-woven shawls.
Apply for a Car LoanCar Loan EMI Calculator
Other Cities For Car Loan In Tripura
Table of Contents
- 1 Best Banks for Car Loan in Agartala
- 2 Car Loan Agartala Features
- 3 Car Loan Agartala Interest Rate
- 4 Car Loan Agartala Documents Required
- 5 Car Loan Agartala Eligibility Criteria
- 6 How to Apply for Car Loan in Agartala?
- 7 Car Loan for Major Car Manufacturers in Agartala
- 8 Processing Fees & Prepayment Charges on Car Loan Agartala
- 9 CIBIL Score Required for Car Loan in Agartala
- 10 Car Loan Agartala Contact Number
- 11 Pre Calculated EMI Table for Car Loan Agartala
- 12 About Agartala
- 13 Car Loan EMI Calculator
- 14 Other Cities For Car Loan In Tripura
