Car Loan Amtala

Best Banks for Car Loan in Amtala

Feature	HDFC Bank	Private 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 Amtala 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

To commute through the hustling and bustling streets of India, you require a sturdy and agile vehicle, and most often that vehicle is a car. You can easily finance a four-wheeler with the help of a car loan, from any of the leading lenders in India at reasonable interest rates, and tenures long enough for paying off the loan in small EMI’s. Dialabank representatives will help you choose the perfect loan for your dream car, and guide you through the entire application process.

Car Loan Amtala

Car Loan Amtala Eligibility Criteria

The car loan eligibility requirements are as follows in Amtala:

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 Amtala EMI Calculator

Car Loan Amtala 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 Amtala 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 Amtala Documents Required

The documents required for applying for a car loan in Amtala are: –

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 Amtala

Choose a shorter repayment term – A large number of car loan applicants often wrongly assume that a loan with a long tenure is better than a shorter one because they can pay off the loan in small instalments over a bigger length of time, but they often fail to realize that lenders charge a very high rate of interest for such loans, and up paying a lot more in interests than a comparatively shorter loan.
Research and compare the perks offered by different lenders – Financially responsible loan seekers should always compare all the different plans and schemes offered by various lenders to choose the one that best suits their specific set of needs.
Maintain a modest debt-to-income ratio – The debt-to-income ratio measures how much of the borrower’s income goes toward the repayment of an older loan, and your chances of getting the loan increase if this is low.
Maintain a good credit score — One of the most important factors that come into play while approving a loan application is the credit score. Lenders usually prefer borrowers with a credit score of more than 750.

How to Apply for a Car Loan in Amtala?

Applying for a car loan in Amtala is a pretty easy process with Dialabank. Just follow the following steps written below to avail of the best offers in your vicinity: –

Visit our webportal Dialabank.
Click on the car loan option available on the website.
Fill up the concerned fields with details regarding the car type and your yearly income.
Our relationship manager will soon get in your touch.
You may also contact us on 9878981166 in case you have any queries regarding the loan.

Which Bank in Amtala Offers the Best Car Loans?

Lenders like HDFC, Private, and SBI offer a wide variety of car loan plans in Amtala. Just contact our Dialabank representatives, and they will help you choose a bank that can provide you with the loan amount you need at the lowest interest rate and can disburse the funds as fast as possible. Financially responsible and smart loan seekers should always compare vehicle loans from different lenders before applying for one that meets all of their needs.

Car Loan for Major Car Manufacturers in Amtala

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Amtala

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 Amtala

A CIBIL Score is essential when it comes to getting your car loan approved. Most big and reputed lenders require the borrowers to have a score between 750 to 900. A CIBIL score in this range shows that you have paid off your previous loans and credit card bills on time. Sometimes banks do provide loans to individuals with low CIBIL scores, but they charge a comparatively higher interest rate from them.

Car Loan Amtala Contact Number

In case of any queries regarding the auto loan in Amtala, feel free to contact us on 9878981166 for any assistance.

Pre Calculated EMI Table for Car Loan Amtala

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 Amtala

Amtala is a town in the state of West Bengal in India. It has an approx area of 1.5 sq km and a population of 8,765 people.

Car Loan Banks in Amtala

Bank Name	Bank address	IFSC Code
BANK OF BARODA	DIAMOND HARBOUR ROAD, MITRA MARKET P.O.KANYANAGAR, POLICE STATION BISHNUPUR 743398	BARB0AMTALA
DENA BANK	DENA BANK,AMTALA BRANCH,NIRBARAN DUTTA ROAD,VILL PO KANYANAGAR,PS BISHNUPUR,DIST -SOUTH 24 PARAGANAS,WB – 743398	BKDN0911733
CANARA BANK	VILL UDAYRAMPUR, PO-KANNYANAGAR, AMTALA DIST SOUTH 24 PARGANAS PIN CODE 743398	CNRB0004079
CORPORATION BANK	NIBARAN DUTTA ROAD, OPP.UCO BANK, P.O.KANNYANAGAR, DIST 24 PARAGANAS (SOUTH), WEST BENGAL – 743398	CORP0001287
HDFC BANK	SANGAM SUPERMARKET, BLOCK -A1DIAMOND HARBOUR ROAD, AMTALA SOUTH 24 PARGANAS,	HDFC0001932
Private BANK LIMITED	Private BANK LTD PO VILL NORTH KANNAYANAGAR AMTALA DH ROAD PIN 743398 WEST BENGAL	ICIC0003255
INDUSIND BANK	GROUND FLOOR BLOCK A1, SANGAM SUPER MARKET, DIAMOND HARBOUR ROAD, SOUTH 24 PARGANAS, AMTALA – 743 503, WEST BENGAL	INDB0000298
KARNATAKA BANK LIMITED	DAG. NO. 167, PITRY ASISH, N.D. ROAD,AMTALA – 743398.	KARB0000032
BANK OF MAHARASHTRA	DIAMOND HARBOUR ROAD, KANYANAGAR, AMTALA, DIST-SOUTH 24 PARGANAS, PIN- 743398 (WEST BENGAL)	MAHB0001677
STATE BANK OF INDIA	MURSHED MARKET DIAMOND HARBOUR ROAD KANYANAGAR 24 PARGANAS KOLKATA 743398	SBIN0010089
STATE BANK OF INDIA	SHIBTALA, AMTALA BAZAR, P.O. KANYANAGAR, P.S. BISHNUPUR, DISTT. SOUTH 24 PARGANAS, WEST BENGAL 743398	SBIN0016572
SOUTH INDIAN BANK	AMT K E CARMEL SCHOOL BLDG BARUIPUR ROAD, CHANDI 743503	SIBL0000592
SYNDICATE BANK	BESIDE AMTALA HOSPITAL,PO KANYANAGAR PS BISHNUPUR,DIST 24 PARGANAS S,AMTALA,WEST BENGAL,743503,INDIA	SYNB0009758
UNION BANK OF INDIA	SANGAM SUPER MARKET, DIAMOND HARBOUR RD, P.O.30 KANNYA NAGAR, DIST.24-PARGANA(S) VILLAGE- AMTOLA, WEST BENGAL, PIN-743398.	UBIN0551350
AXIS BANK	K E CARMEL SCHOOL (ADMINISTRATIVE WING) DIAMOND HARBOUR ROAD, P.O. BISHNUPUR	UTIB0000440
THE WEST BENGAL STATE COOPERATIVE BANK	AMTALA BUS STAND, PO. AMTALA, 24 PGS. SOUTH	WBSC0000020