Best Banks for Car Loan in Ajod
⍟ Loan Approval in 30 Minutes Thinking of buying your own car? But don’t have the necessary funds? Don’t worry. Dialabank financial services help customers to compare, analyze and choose the best car loan for you. You just have to apply for a car loan through the Dialabank website. If your CIBIL score is good then you will get a comparatively lower rate of interest and also you will get a longer tenure for the repayment. You can get the loan amount for either the Ex-showroom price or the on-road price, depending upon the plan. The car loan eligibility requirements are as follows in Ajod:
7.35% per annum Documents required for car loan are as follows: Follow the steps stated below to get the best car loan in Ajod: – All leading lenders including HDFC, Private, and SBI offer vehicle loans in Ajod. Dialabank can help you find a lender that can provide you with the loan amount you need at an appropriate interest rate and can distribute the funds as fast as possible. TABLE WILL APPEAR Every financial institution has its own criteria for the CIBIL score required for processing a Car Loan application in Ajod so that they can minimize the risk of lending to the wrong customer. Most institutions require a minimum CIBIL score of 750 to process your loan application. Also having a good CIBIL score helps borrowers bag loans at a cheaper rate of interest. You can get a car loan Ajod easily from Dialabank by contacting the number 9878981166. Ajod is a village in the Vadodra district of Gujrat. The primary language used in this area is Gujarati and the village is about 10km away from the Vadodara airport. Most lenders will not ask for a guarantor for a car loan. If your income falls below the required minimum, lenders may ask you to offer a guarantee or co-applicant to demonstrate that you will be able to repay the loan amount. You can use the EMI calculator on the Dialabank website or the website of the lending institution. To calculate the EMIs, enter the various interest rates available. The interest rate can be attained by filling out an application for a loan, which will require you to provide basic information such as your salary, company, and work experience, depending on which interest rates offered will be presented to you. Yes, if you have a strong payment history with your current lender, many lenders will agree to granting you a loan on your current vehicle.
Car Loan Ajod Features
⍟ 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 Ajod Eligibility Criteria
Salaried Individual
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
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)
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
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 Ajod EMI Calculator
Car Loan Ajod Fees & Charges
Charges
New Car Loan
Used Car Loan
Interest Rate
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 Ajod Fees and Charges : Leading Banks – Apr 25 2024
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
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 Ajod Documents Required
Salaried Individual
Category
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)
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
Bankers Verification
Passport
Income Proof
Bank Statement
Employment Continuity Proof
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment
Self-Employed Individuals
Category
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)
Bankers Verification
Passport
Bank Statement
Employment Continuity Proof
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Self-Employed Non-Individuals:
1. Partnership Firms/Societies
Category
Identity Proof (Any 1)
Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Aadhar Card
Driving License
Voter ID
Income Proof
P&L Account
ITR for the previous 2 years
Bank Statement
Last 6 month
Business Continuity Proof
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
2. Private Limited/Limited Companies
Category
Identity Proof
Copy of Incorporation
Address Proof (Any 1)
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
P&L Account and ITR for the previous 2 years
Bank Statement
Previous 6 Months
Business Continuity Proof
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.
How to Get the Best Car Loan Interest Rates in Ajod
How to Apply for a Car Loan in Ajod?
Which Bank in Ajod Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Ajod
Processing Fees & Prepayment Charges on Car Loan Ajod
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan in Ajod
Car Loan Ajod Contact Number
Pre Calculated EMI Table for Car Loan Ajod
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 Ajod
FAQ’s About Ajod Car Loan
✅ Is a guarantor required for a car loan?
✅ Where can I get an interest calculator for a car loan?
✅ Is it possible to acquire a loan on my current vehicle?