Car Loan Bangarmau

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Rates as low as 8.50%*
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Best Banks for Car Loan in Bangarmau

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 Bangarmau Features

car loan bangarmau

Thinking of purchasing a new car? But don’t have the required funds for it? Do not worry! A car loan is here for you. A car loan is a means of funding or financial help provided by banks and NBFCs to the applicants at an affordable rate of interest to aid them in buying a car, whether new or used.

Cars, which ones used to be a luxury, have become a necessity today, and thus have increased the importance of car loans, as they allow you to own a car only through an initial down payment. The main features of a car loan in Banagarmau  are:

  • Car loans are available at low-interest rates
  • Affordable EMIs
  • Almost all major banks and NBFCs in Mukerian have a tie-up with Dialabank making it easier for us to help you.
  • The documentation process is quick and free from the struggle of visiting new banks every day.
  • Loans are available for amounts up to 6 times your annual income.

Car Loan Bangarmau 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 Bangarmau Documents Required

The essential documents required to get a car loan approved in Bangarmau are as follows:

  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 proof
  3. Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months.

Car Loan Bangarmau Eligibility Criteria

car loan bangarmau

The car loan eligibility requirements are as followed in Bangarmau:

  1. Minimum age: 21 years for salaried individuals and 30 years in case of a self-employed
  2. Maximum age at loan maturity: 60 and 65 years respectively for salaried and self-employed individuals
  3. Minimum employment: For Salaried- 1 year in current employment and a minimum of 2 years of employment / For Self Employed– at least 3 years in business
  4. Minimum Annual Income: For Salaried Rs 100000 net annual income / For Self- Employed 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 Bangarmau?

Availing a car loan Bangarmau is an easy process with DialaBank. Follow the following steps to avail the best offers:

  • Visit our website
  • Click on the car loan option available in the menu
  • Fill in the details regarding the car type and your income
  • You will soon get a thread of emails on your registered email ID from the banks willing to offer loans.
  • Wait for our relationship manager to get in touch with you on your provided number, and he will guide you through the procedure.

Processing Fees & Prepayment Charges on Car Loan Bangarmau

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

Get a car loan from AXIS bank

Get a car loan from SBI

CIBIL Score Required for Car Loan in Bangarmau

The Cibil score is referred to as what defines your ability to pay off your credits, and usually ranges from 300 to 900. A higher Credit score means good credit history and makes your car loan application process smooth and easy, while a very low score may get your application rejected, or charge you very high-interest rates. Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Bangarmau.

Your CIBIL score depends on your previous loan activities and whether you were punctual in your EMI payments, the number of loan applications and credit cards, a high percentage of unsecured services etc. To keep your score in check, make sure you consider all these factors.

Car Loan Bangarmau Contact Number

In case of any queries regarding the car loan in Bangarmau, you may contact the number 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Car Loan Bangarmau

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 Bangarmau

Bangarmau is located in the state of Uttar Pradesh. Its population is around 60000.

Car Loan EMI Calculator

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