Car Loan Agroha

Best Banks for Car Loan in Agroha

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 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

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

Car Loan Agroha Fees and Charges : Leading Banks – Apr 24 2024

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

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.

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?

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

Which Bank in Agroha Offers the Best Car Loans?

Many large and reputed lenders, including HDFC, Private 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
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 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.

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.

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

About Agroha

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

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
Private BANK LIMITED	Private 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.