Car Loan Anand

Best Banks for Car Loan in Anand

Feature	HDFC Bank	Private Bank	Kotak Mahindra Bank
Interest Rate	8% - 8.4 %	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 Anand Features

Are you planning to avail a car loan?

Dialabank brings some of their best offers on car loans in Anand for you!

We are offering some of the Best Car Loan Interest Rate.

Some of the features of Car Loan Anand include:

• Instead of buying a car from your savings, you can Avail Car Loan Online to buy a vehicle of your choice.
• You can repay the loan over a period of time.
• Once you qualify for a car loan, you can buy a car immediately.

Car Loan Anand Interest Rates

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

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Car Loan Anand Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

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

For Self Employed Individuals:

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

Car Loan Anand Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried Applicants

• Minimum age: 21 years
• Maximum age at loan maturity: 65 years
• Minimum employment: 1 year in current employment and a minimum of 2 years of employment
• Minimum Annual Income: Rs.100000 net annual income

For Self-Employed Applicants

• Minimum age: 21 years
• Maximum age at loan maturity: 65 years
• Minimum employment: At least 3 years in business
• Minimum Annual Income: Net profit Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Anand

TABLE WILL APPEAR Apply for a Car Loan

Processing Fees / Prepayment Charges on Car Loan in Anand

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 Anand

CIBIL score reflects your credit history in the past and your defaults in meeting timely payments of your loans availed by you in past. An ideal CIBIL score is considered to be 750 as most of the financial institutions ask for a high score. Every bank and NBFC has different criteria for a minimum CIBIL score they require to process your application. A very low CIBIL score can lead to rejection of your loan as it is the first thing a bank tracks before processing your application.

Car Loan Anand Contact Number

Contact us at 9878981166  or visit the website of Dialabank for instant help and guidance to fulfil all your loan needs. We provide every possible assistance in the entire process to make it a piece of cake for you.

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Pre Calculated EMI Table for Car Loan Anand

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

Car Loan EMI Calculator Anand

About Anand

Anand is the Twin City of Vadodara, Gujarat state of India. The place is known to be ‘Milk Capital of India’ and became famous for Amul dairy and its milk revolution. This city has a population of 634,987, with males constituting 51.77% of the population and females 48.23%. The vibrant economy of Anand is dependent upon farming as a source of livelihood for them, major crops include Tobacco and Banana.

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