Car Loan Ambajogai

Best Banks for Car Loan in Ambajogai

Car Loan Ambajogai 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

Being a resident of a leading city like Ambajogai, having your own car must be on your wishlist. But if you don’t want it to become a burden on your finances, or you are confused about which bank is the right bank for a car loan for you, you have come to the right place! Dialabank is here to assist you to compare and get car loans with great efficiency.

Car Loan Ambajogai

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 Ambajogai Eligibility Criteria

The car loan eligibility requirements are as follows in Ambajogai:

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 Ambajogai EMI Calculator

Car Loan Ambajogai 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 Ambajogai Fees and Charges : Leading Banks – Apr 25 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 Ambajogai Documents Required

The essential documents required to get a car loan approved in Ambajogai 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 Ambajogai

A number of different lenders offer car loans at varying interest rates in Ambajogai, but all of them are comparatively reasonable. Follow the steps stated below to get the lowest car loan interest rates in Ambajogai.

Choose a shorter repayment term – The borrowers are often under a false assumption that lengthier repayment tenures are better because the monthly EMI’s on them is comparatively lower. Lenders view long repayment tenures as an indication of the borrower’s low repayment capabilities and end up charging a higher interest rate from them. Consider a short repayments period, if you want to save some money on your car loan.
Research and compare the perks offered by different lenders – The borrowers must first explore and compare all the plans and benefits offered by different lenders, before applying for a car loan. This can help them figure out which lenders have the best interest rates and, which plan suits them the best.
Maintain a low debt-to-income ratio – If a major part of your monthly income isn’t already going towards paying off a previous loan, your chances of bagging a new loan increase drastically.
Maintain a good credit score — Lenders will be pleased to offer you a car loan with cheaper interest rates if you have a credit score between 750 to 900, as it shows you have done timely repayments of your previous loans.

How to Apply for a Car Loan in Ambajogai?

Getting a car loan in Ambajogai is an easy process with Dialabank. Just follow some steps to avail the best offers conveniently!

Visit our website Dialabank and click on the car loan option available in the auto loan option on our homepage.
Fill in the details along with your phone number and in a few minutes, you will get email threads from the willing lenders.
Our relationship manager will soon get in touch with you on your provided number and guide you further.

Which Bank in Ambagojai Offers the Best Car Loans?

A number of big banks and NBFCs, including HDFC, Private, and SBI, offer vehicle loans in Ambagojai. Borrowers should always compare vehicle loans from all the lenders before applying for the one that meets all of their specific needs.

Car Loan for Major Car Manufacturers in Ambagojai

TABLE WILL APPEAR

Processing Fees & Prepayment Charges on Car Loan Ambajogai

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 Ambajogai

The CIBIL score is a numeric value that defines your ability to pay off your credit and is dependent on your repayment history. A high Credit score means good credit history and makes your car loan application process smooth and easy to process. A lower score may discourage banks from sanctioning you an approval.

For more information, visit CIBIL score Dialabank.

Car Loan Ambajogai Contact Number

If you still have queries about Car Loan Ambajogai, we are available for you on the number 9878981166 with the best guidance.

Pre Calculated EMI Table for Car Loan Ambajogai

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 Ambajogai

Ambajogai, earlier known as Mominabad, is located in the state of Maharashtra. Top attractions include Shri Yogeshwari Devi Devasthan, the Kholeshwar Temple, the Kashi Vishweshar temple etc. Its population is around 75000.

Car Loan Banks in Ambajogai

BANK OF BARODA	MUNICIPAL COUNCIL LIBRARY BLDG.,COLLEGE ROAD, OPP MOHAN TALKIES, AMBEJOGAI, MAHARASHTRA – 431 517	BARB0AMBBHI
HDFC BANK	SAHAKAR BHAVAN, SAWARKAR CHOWK, PRASHANT NAGAR, AMBAJOGAI, TQ. AMBAJOGAI DIST.BEED 431517	HDFC0CAPCBL
HDFC BANK	PRASHANT NAGAR AMBAJOGAI DIST BEED	HDFC0CDNSBA
HDFC BANK	PRASHANT NAGAR AMBAJOGAI	HDFC0CVMNSB
IDBI BANK	IDBI BANK LTD,RAKH COMPLEX,MEDICAL COLLAGE ROAD,NEAR SESSION COURT,AMBEJOGAI	IBKL0001451
Private BANK LIMITED	Private BANK LTD., H. NO. 9423, HOTEL PAWAN EXECUTIVE, BEHIND S. T STAND, PRASHANT NAGAR, AMBEJOGAI – 431517, DIST. BID, MAHARASHTRA	ICIC0002192
Private BANK LIMITED	AMBAJOGAI DEENDAYAL BHAVAN PRASHANT NAGAR AMBAJOGAI 431517 DIST BEED	ICIC00DDNSB
JANATA SAHAKARI BANK LIMITED	6434, GURWAR PETH, DIST. – BEED. AMBAJOGAI – 413517, E-MAIL AMBAJOGAIJANATABANKPUNE.COM	JSBP0000019
BANK OF MAHARASHTRA	8-2881,JANMANGAL,MONDHA,AMBEJOAGI.431517	MAHB0000037
BANK OF MAHARASHTRA	YOGESHWARI COLLEGE PARLI ROAD, AMBAJOGAI	MAHB0001377
Maharashtra Gramin Bank	AT AMBAJOGAI TQ AMBAJOGAI DIST BEED	MAHG0004547
STATE BANK OF INDIA	DISTBEED MAHARASHTRA 431517	SBIN0003403
AXIS BANK	DEENDAYAL BHAVAN, NEAR BUS DEPOT, PARLI ROAD, AMBAJOGAI 431517	UTIB0SDNSB1