Car Loan Agroha

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Car Loan Agroha

Best Banks for Car Loan in Agroha


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Car Loan Agroha Features

Loan Approval in 30 Minutes
Lowest Rate of Interest
Up to 100% on Road Loan
Minimum Documentation
Paperless Process
Flexible Repayment
Zero Foreclosure
24 x 7 Online Payment Facility
No Hidden Charges

Car Loan Agroha

Do you dream of having your own car? But lack the appropriate funds? Don’t worry. We at Dialabank help customers compare, analyze and choose the best possible car loan deals for them. A car loan is financial support provided by banks and NBFC’s to fulfil your dream of having your own vehicle. A car loan is a secured loan with your car as the collateral. The loan amount may be approved after checking your credit history; you must have a good CIBIL score to avail of the best offer on loans. Borrowers can pay off the vehicle with EMI’s.Car Loan Agroha


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Car Loan Agroha Eligibility Criteria

The car loan eligibility requirements are as follows in Agroha:

Salaried Individual
Age – 21 years to 60 years
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
Age – 21-65 years of age
Minimum ITR – Rs.2 lakh
Employment Duration – Minimum 3 years
Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
Minimum ITR – Rs. 2 lakh
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
At least 6-month vintage
Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh
Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarters


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Car Loan Agroha EMI Calculator

Car Loan Agroha Fees & Charges

Charges New Car Loan Used Car Loan
Interest Rate

7.35% per annum

11.80% p.a. to 13.80% p.a.
Car loan Processing fees 0.5% 0.5%
Issuance of Duplicate Repayment Schedule Charges Around Rs.500 Around Rs.500
Foreclosure Charges 0.06 0.06
Penal Interest 2% PM 2% PM
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


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Car Loan Agroha Fees and Charges : Leading Banks – Dec 04 2021

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 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


car loan

Car Loan Agroha Documents Required

Documents required for a car loan are as follows:

Salaried Individual

Category
Documents Required
Identity Proof (Any 1) Passport
Voter ID
Aadhar Card
Driving License
Address Proof (Any 1) Aadhar Card
PAN
Driving License
Electricity Bill
Date of Birth Proof(Any 1)
Passport
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
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 (Any 1) PAN Card
Passport
Voter ID
Aadhar Card
Address Proof (Any 1) PAN Card
Voter ID
Passport
Electricity Bill
Date of Birth Proof (Any 1) Birth Certificate
Passport
Driving Licence
PAN
Signature Proof (Any 1)
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:

1. Partnership Firms/Societies

Category
Documents Required
Identity Proof (Any 1) Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
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

 

2. 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.


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How to Get the Best Car Loan Interest Rates in Agroha

A number of lenders offer various car loan plans in Agroha, and although the interest rates are different, all of the plans are reasonable according to the benefits they offer. Follow the given steps to get a car loan with the lowest interest rate in Agroha: –

  • Choose a shorter repayment term – Many loan seekers assume that long repayment terms will help them pay off the loan in small installments, but they do not realize that lenders view lengthier payback terms as an indication of a borrower’s low repayment ability and end up charging higher interest rates from them. So, if you want to save money on your car loan, consider shortening your repayments period.
  • Research and compare the perks offered by different lenders – If the borrower wants to get a better deal on an auto loan, he must first explore and compare different lenders and read about the plans they offer.
  • Maintain a modest debt-to-income ratio – The debt-to-income ratio measures how much of an applicant’s income goes toward loan repayment. If the ratio is low, that means the borrower is not already in debt and can take the weight of the loan.
  • Maintain a good credit score — Lenders consider a credit score of above 750 to be healthy and will happily offer you a loan at cheaper rates if your credit score is high enough.

How to Apply for a Car Loan in Agroha?

  1. Visit www.dialabank.com
  2. Go to the car loan section on the Dialabank website.
  3. You will be redirected to a form where you have to fill in all the required fields.
  4. Our representatives will contact you as soon they receive your query.
  5. You can also contact us at 9878981166.


car loan

Which Bank in Agroha Offers the Best Car Loans?

Many large and reputed lenders, including HDFC, ICICI and SBI, provide vehicle loans in Agroha. The best lenders are those who can provide you with the required loan amount at the lowest interest rate and disburse funds as quickly as possible. You can call Dialabank representatives to get the best deals on car loans in your vicinity.

Car Loan for Major Car Manufacturers in Agroha

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Agroha

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
>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


car loan

CIBIL Score Required for Car Loan in Agroha

CIBIL score is an important factor that plays a major role in the approval of a loan. It also provides a clear picture of the borrower’s credit history and any outstanding dues standing against them. The borrower’s credit history is necessary to disburse or approve the loan amount. Generally, a CIBIL score of 750 or above is considered appropriate by most lenders. 


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Car Loan Agroha Contact Number

Apply online with Dialabank and get the best offers on a car loan Agroha with instant app

roval and extra benefits, or you can make a missed call on this number 9878981166.

Our customer care executive provides you with guidance and assistance to solve your queries.


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Pre Calculated EMI Table for Car Loan Agroha

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


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About Agroha

Agroha is a town in Haryana with a population of 7722 people.


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Car Loan Banks in Agroha

CANARA BANK CANARA BANK 102, SECTOR 15, HISAR POKER MARKET HISAR-SIRSA MAIN ROAD, AGROHA, HISAR DIST HARYANA CNRB0006390
HDFC BANK HDFC BANK LTD AGROHA MODE MARKET, DIST. HISSAR, DIST. HISSAR, AGROHA HARYANA 125045 HDFC0003209
ICICI BANK LIMITED ICICI BANK LTD., OPPOSITE AGROHA MEDICAL COLLEGE OUTSIDE AGROHA DHAM MANDIR SIRSA ROAD, AGROHA – 125047, HARYANA ICIC0000933
PUNJAB AND SIND BANK BARWALA ROAD, NEAR SUDHAR FURNITURE HOUSE, AGROHA MOR, TOWN AGROHA, DISTT. HISSAR 125047, HARYANA PSIB0021340
STATE BANK OF INDIA DIST HISSAR, HR 125047 SBIN0002290
STATE BANK OF INDIA VILLAGE PO AGROHA DISTT HISAR PIN 125047 SBIN0051380

FAQ’s About Agroha Car Loan

✅  How can I get a low interest rate on my car loan?

With the help of a decent credit score and consistent wage, you can easily get a low interest rate on a car loan. Individuals who have a good history with their banks could be eligible for a loan with comparatively lower interest rates.

✅ What is the maximum age limit to apply for a car loan?

The upper age limit is normally set between 60 and 70 years old. It varies, though, from one lender to the next. It is recommended that you repay the loan before you hit the age of 65.

✅ Can I make part-prepayment on the car loan?

Not many lenders provide the alternative of partial prepayment. But, you have the option of selecting a lender that provides this service.