All About Car Loan Avanashi
What is a Car Loan?
Interest Rates for Car Loan Avanashi
- If the requirement of the applicant is less than Rs. Three lacs then the interest rate charged would be 10.25%.
- Simultaneously, if the loan amount is between Rs.3 lacs to Rs.6 lacs, then the interest rate charged would be 9.50%.
- For loan amount between Rs.6 lacs to Rs.10 lacs, a 9.25% interest rate would be charged.
- If the loan amount varies from Rs.10-20 lacs, then the interest rate charged would be 9.00%.
- For loan amount being more than Rs. 20 lacs the interest rate would be 8.70%.
Eligibility Criteria for Car Loan Avanashi
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in current work and a minimum of 2 years of work.
- Minimum Annual Income: Rs 100000 net annual income.
- Minimum age: 30 years
- Maximum age at loan maturity: 60 years
- Minimum employment: At least two years in business
- Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
- Minimum Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars.
- Minimum turnover: Turnover Rs. 4.5 lakh.
Private Limited Company
- Minimum Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 pa for mid-sized and premium cars
- Minimum turnover: Turnover Rs 4.5 lakh
Public Limited Company
- Minimum Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a for mid-sized and premium cars
- Minimum turnover: Turnover Rs 4.5 lakh
Why should one choose Car Loan Avanashi?
- Easy monthly repayment options
- Instantly available
- Loan Tenure period varies from 1-7 years.
- Affordable interest Rates
- Easily and quickly available loan
- No hidden charges.
Documents you will need to submit for Car Loan Avanashi
- Proof of Identity: Passport copy, PAN Card, Voters ID card, Driving License, Aadhar Card
- Income Proof: For Salaried Latest salary slip with form 16 / For Self- Employed Latest ITR
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy / PAN Card / Aadhar Card
- Bank Statement: Bank statements for the last six months are also required.
- Car quotation is also required.
Fee and Other Charges for Car Loan Avanashi
- Stamp duty charged is at actuals.
- Processing fee charged depends upon two categories. For up to the amount of Rs.2.5lacs, the processing fee is Rs.2825/-. For amount more than Rs.2.5lacs, the processing fee is Rs.3850/-. The maximum amount which can be charged for processing fee is Rs.5000/-. However, Dialabank provides the processing fee at an attractive price of Rs.1785/- only.
- Loan cancellation or rebooking charges: In the event of cancellation, interest charges from disbursement date till refund of disbursement amount will be borne by the customer.
- Legal, Repossession and Incidental Charges: At Actuals
- 5)Loan rescheduling charges: At Rs.1000/-
Eligibility for different individuals for Car Loan Avanashi
2) Government Employees:
3) Internal Customer:
Additional information about Car Loan Avanashi
- The CIBIL of the applicant needs to be more than 700.
- The loan is given for a period of 60 months to 84 months.
- The minimum amount of credit that can be claimed by the applicant is Rs. 1 lakh.
- Also, the top-up amount is twice the paid loan amount.
- Car Loan is not given to constables.
- The persons having CIBIL 0, 1, -1 are also considered right customers.
- If the installment gets bounced, then the amount charged by the bank will be doubled for the respective month.
Car Loan Avanashi for the agriculturist
It is a grade town panchayat in the Tirupur district. It is situated in Tamil Nadu and is also the fastest growing suburb of Coimbatore. With dialabank providing their services to all parts of the country, it is now feasible to have access to car loans.
Why should you choose DialaBank for a car loan?
- Dialabank offers you a car with the lowest interest rates and with minimum documentation schemes.
- Dialabank is an Indian first Financial Helpline where the company provides eligibility and price comparison for financial products.
- Car Loan is a convenient scheme that allows a person to bring home a vehicle.
- We offer car loans up to 100% ex-showroom price of the car, and up to 7 years tenure.
- Apply now on our official website dialabank for instant approval and faster processing of your car loan.
How to apply for Car Loan Avanashi?
- Visit dialabank
- Go to the loan section and select auto loan followed by car loan link.
- The applicant will be directed to all the details of the car loan where they can choose their preferred city.
Car Loan Providers
Table of Contents
- 1 All About Car Loan Avanashi
- 2 What is a Car Loan?
- 2.1 Interest Rates for Car Loan Avanashi
- 2.2 Eligibility Criteria for Car Loan Avanashi
- 2.3 Why should one choose Car Loan Avanashi?
- 2.4 Documents you will need to submit for Car Loan Avanashi
- 2.5 Fee and Other Charges for Car Loan Avanashi
- 2.6 Eligibility for different individuals for Car Loan Avanashi
- 2.7 Additional information about Car Loan Avanashi
- 2.8 Car Loan Avanashi for the agriculturist
- 2.9 About Avanashi
- 2.10 Why should you choose DialaBank for a car loan?
- 2.11 How to apply for Car Loan Avanashi?
- 2.12 Car Loan Providers