Car Loan Alwar

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Buy your dream Car

Rates as low as 7.05%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Car Loan Alwar

Best Banks for Car Loan in Alwar

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate (p.a.)
7.35% - 7.95 %
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 Alwar Features

Car loan Alwar

We at DialaBank provide car loans in Alwar at the best rate of interest. We offer loans on new as well as second-hand cars to both the salaried and self-employed citizens. We offer an attractive Car Loan Rate of Interest which is lower in comparison to the market rates.

We also offer instant car loan which means you can keep your car as collateral to get an instant loan up to the current value of your car.

Car Loan Alwar 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 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 Alwar Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

  1. Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest 3-month salary slip with form 16
  3. Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months.

For Self Employed Individuals:

  1. Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest ITR
  3. Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months.

Apply for a Car Loan

Car Loan Alwar Eligibility Criteria

The car loan eligibility requirements are as followed:

You should be at least 21 years of age to apply for a car loan. The maximum age of a person should be 65 years at the time of maturity of the loan.

For Salaried: You should be having a minimum of 2 years of employment and you should be working for at least 1 year in your current employment. The minimum annual salary required is Rs. 100000 as net annual income.

For Self Employed: You should be in the business for at least 3 years. A net profit of at least Rs. 60000 p.a. should be there for standard cars and Rs. 100000 p.a. for mid-sized and premium cars.

Car Loan for Major Car Manufacturers in Alwar

TABLE WILL APPEAR

Processing Fees & Prepayment Charges on Car Loan Alwar

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

CIBIL Score Required for Car Loan in Alwar

Most of the banks and NBFCs ask for a CIBIL score of 750 and above. Score before 750 can be considered in special circumstances only. If you have a default in the score or a very low score then your loan application can be rejected by the banks. Check your credit report for more details on your CIBIL score.

Apply for a Car Loan

Car Loan Alwar Contact Number

For more details on loans and exciting offers contact us on 9878981166We would be happy to assist you with all your financial needs to help you fulfill your dreams and let you buy a car of your choice.

Pre Calculated EMI Table for Car Loan Alwar

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 Alwar

Alwar is a city in the northern state of Rajasthan and is a hub for several forts, lakes, Haveli, and nature reserves. Alwar being a lesser-known city in this country, is not densely populated. Alwar has a lot of lush green landscapes which makes it a perfect weekend getaway. In 1500BC it was used to the kingdom of Rajput kings.

The city is famous for The Bhangarh fort, Sariska Tiger Reserve, Bala Qila, City Palace, and Siliserh Lake.

The total population of the city is 4.62 lakhs as of 2018.

Special Note: Banks do not provide Car Loans to bad credit holders, but one can fulfill their money requirement with Gold Loan easily.

Apply for a Car Loan

Car Loan EMI Calculator

Other Car Loan Cities In Rajasthan

Car Loan Virudhunagar Car Loan Tuticorin
Car Loan Virudhachalam Car Loan Tiruvannamalai
Car Loan Vellore Car Loan Tirunelveli
Car Loan Udumalaipettai Car Loan Tiruchengode