Car Loan Angul

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Buy your dream Car

Rates as low as 8.50%*
Up to 100% Funding
Doorstep Service
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Best Banks for Car Loan in Angul

Feature
HDFC Bank
ICICI 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 Angul Features

car loan angulA car loan is a financial aid offered by banks and NBFC’s to fulfil any one’s dream of having his own car. They provide the required necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car depending upon the requirement.

Car Loan is a form of a secured loan with easy repayment options available in the form of EMIs. The loan amount is offered on Interest charges which vary from lender to lender along with the tenure. For getting your dream car Car loan in Angul DialaBank is the best option available.

Car Loan Angul 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
1%
Nil
Andhra Bank Car Loan
Nil
Nil

 

To check Personal Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Car Loan Angul Documents Required

  1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income ProofFor Salaried– Latest 3-month salary slip with form 16 / For Self Employed- Latest ITR
  3. Address Proof: Ration card / Driving license / Voters card / Telephone Bill / Electricity Bill / PAN Card
  4. Bank Statement: Last 6 months.

Car Loan Angul Eligibility Criteria

The eligibility criteria for salaried applicants in Angul is as follows:

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 60 years
  3. Minimum employment: For Salaried- 1 year in the current job and a minimum of 2 years of total employment
  4. Minimum Annual Income: For Salaried Rs 100000 net annual income

For self-employed applicants the car loan eligibility varies as follows:

  1. Minimum age: 30 years
  2. Maximum age: 65 Years
  3. Minimum Employment:  a minimum of 3 years in business
  4. Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars

How to Apply for Car Loan in Angul?

There are mainly two ways in which you can apply for a car loan in Angul:

  • Online process: The process of applying for a car loan in Angul is easy with DialaBank. You just have to visit the site and fill the form available online, after which you will be contacted by our relationship manager on your provided contact number. The expert will guide you through the process of the loan application and will introduce to the best deals available in the market as per your needs.
  • Offline process: The offline process of applying for a car loan in the city can be hectic and tiresome. You may have to make multiple visits to your lender before your application gets approved for the entire process.

Thus, DialaBank is your best agent when thinking of a car loan in Angul. The process is simple and hassle-free when applied through DialaBank for a great experience.

Processing Fees & Prepayment Charges on Car Loan Angul

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 Angul

A CIBIL score is a score and numeric value that describes the repayment ability of your past loans efficiently and effectively. The minimum CIBIL score requirement for car loans in Angul vary from one bank to bank. So, maintaining a good CIBIL score is very essential if you want to avail a car loan in Angul. Majorly the lending institutes accept a 750+ score to process your car loan application in the city but these may be higher or lower depending upon the individual banks and NBFCs.

Car Loan Angul Contact Number

You may contact on the number 9878981166 to apply for your car loan in Angul or in case of any queries regarding the car loan process.

Pre Calculated EMI Table for Car Loan Angul

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 Angul

Angul is a town and a municipality and the headquarters of Angul district in the state of Odisha, India. Angul is also famous for Satkosia gorge, beautiful natural dense forest, hills

Car Loan EMI Calculator

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