Car Loan Ballia

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Buy your dream Car

Rates as low as 8.50%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Best Banks for Car Loan in Ballia

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 Ballia Features

car loan balliaA car loan is financing issued by banks and NBFC’s to allow you to buy the car of your choice without hesitation. Nowadays, it is not a daunting task to avail of a car loan, as multiple items have entered the market to meet a buyer’s needs. In addition, financial institutions also provide the usual car loans service that can be used to finance a used car if you want to buy a pre-owned car. Car loans come at an reasonable interest rate and require limited paperwork and have a flexible framework for repayments.

Car Loan Ballia 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 Ballia Documents Required

  1. Residential Proof: Water Bill/ Aadhar card/ Voter ID/ Passport Copy
  2. Identity Proof: Aadhar Card/ Driving License/ Passport ID Copy, etc.
  3. Income Proof: Last 3 months bank statements and salary slips for a salaried individual and recent ITR files for a self-employed individual along with necessary bank statements
  4. 2 recent passport size photographs

Car Loan Ballia Eligibility Criteria

  1. The age limit for applicants for a car loan is a minimum of 21 to a maximum of 65 years
  2. A salaried employee must be paying a minimum Rs 25000 salary.
  3. A salaried employee must have worked for at least one year in the current organization.
  4. A self-employed person must have his or her company run over at least the last three years.

How to Apply for Car Loan in Ballia?

Applying a car loan is an easy and hassle-free process. The best way to apply for a car loan is by applying online.

  1. Visit our website DialaBank.
  2. Click on Car Loans on the homepage and fill in the necessary details
  3. You are expected to have the documentation necessary to review the eligibility requirements to authorize a loan
  4. Provide your current contact number, so that our managers can help you. There is also an offline option available to apply for a car loan that allows the applicant to physically visit the bank’s nearest branch office to complete the formalities.

Processing Fees & Prepayment Charges on Car Loan Ballia

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 Ballia

The applicant’s CIBIL score is one of the most important aspects considered by the lending institutions while processing a loan request. The CIBIL score or credit score basically denotes an individual’s creditworthiness based on their prior behavior in lending and repayment.

It is important that one should clear all the pending dues and debts in order to maintain a good credit score. Default in your credit score may decline your opportunities for availing a fresh loan in the future.

Car Loan Ballia Contact Number

To get an instant car loan you can visit our website DialaBank or call on 9878981166 to get assistance free of cost. Our executives are well trained and will assist you in the best way possible in order to provide you with a deal most suited for you.

Pre Calculated EMI Table for Car Loan Ballia

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

To ease out the EMI structure you can calculate your EMI here: Car Loan EMI Calculator

About Ballia

Ballia is a town with a municipal board in the Indian state of Uttar Pradesh. it is the easternmost city of the nation. The eastern boundary of the city lies at the junction of primary rivers, the Ganges and the Ghaghara. The city is situated 140 km east of Varanasi and approximately 380 km from the state capital Lucknow.

Special Note: Banks do not provide Car Loans to applicants with poor credit behavior, but one can fulfill their money requirement with Gold Loan easily.

Car Loan EMI Calculator

Share This

Menu