Best Banks for Car Loan in Barian Kalan
⍟ Loan Approval in 30 Minutes Cars come with ultra-reliable features and are the best options for long journeys, whether it is night or day. You can nowadays get a car easily with the help of a Car Loan. Know how to increase your Barian Kalan car loan eligibility, as well as the list of best banks that offer auto loans in Barian Kalan and their unique features.
7.35% per annum The interest rates on vehicle loans offered by different lenders in Barian Kalan may vary, but they are all reasonable and competitive. If you want to get a car loan in Barian Kalan with the lowest interest rate, follow the steps below: Availing of a car loan Barian Kalan is an easy process with Dialabank. Few steps to be followed are: Many big banks, including HDFC, Private, and SBI, offer vehicle loans here. The best lender is one that can provide you with the loan amount you need at a suitable interest rate and can hand out the funds as quickly as possible. TABLE WILL APPEAR The CIBIL score is what defines your capability to pay off your debts. A better credit score means good repayment history which in turn makes your car loan application process easy. Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Barian Kalan. This score required differs from bank to bank. In case of any queries regarding the car loan in Barian Kalan, you may contact on the number 9878981166 for any assistance. Barian Kalan is a village in the Hoshiarpur district of the state of Punjab. Car loans can be used to buy any type of car, including SUVs, MUVs, etc. You can also get a car loan to get a vehicle for professional needs. Trucks, tractors, and construction equipment loans are also handed out by some lenders. Yes, if you have a decent repayment history with your current lender, many lenders will grant you a loan on your current vehicle. No, the death of the person who availed the loan doesn’t mean that the loan will be waived off. Yes, the car you are going to purchase or any other thing like papers of your house or gold can be produced as collateral. You can use the EMI calculator available on the Dialabank website. To calculate the EMIs, enter the necessary details asked. The interest rate can be calculated by filling out an application for a loan, which will need you to provide some details such as your salary, company, and work experience, depending on which interest rates will be given.
Car Loan Barian Kalan Features
⍟ Lowest Rate of Interest
⍟ Up to 100% on Road Loan
⍟ Minimum Documentation
⍟ Paperless Process
⍟ Flexible Repayment
⍟ Zero Foreclosure
⍟ 24 x 7 Online Payment Facility
⍟ No Hidden Charges
Car Loan Barian Kalan Eligibility Criteria
Salaried Individual
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
Minimum ITR – Rs.2 lakh
Employment Duration – Minimum 3 years
Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh
Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarters
Car Loan Barian Kalan EMI Calculator
Car Loan Barian Kalan Fees & Charges
Charges
New Car Loan
Used Car Loan
Interest Rate
11.80% p.a. to 13.80% p.a.
Car loan Processing fees
0.5%
0.5%
Issuance of Duplicate Repayment Schedule Charges
Around Rs.500
Around Rs.500
Foreclosure Charges
0.06
0.06
Penal Interest
2% PM
2% PM
Car loan Part Payment charges
6% of the amount
6% of the amount
Cheque/Instrument Swap Charge
Around Rs.500
Around Rs.500
Documentation Charge
Around Rs. 500
Around Rs. 500
Issuance of Duplicate No Dues Certificate Charges
Around Rs. 500
Around Rs. 500
Registration Certification Collection Charge
Around Rs. 200
Around Rs. 200
Cheque Bounce/Instrument Return Charges
Around Rs. 500
Around Rs. 500
Issuance of Duplicate Statement Charges
Around Rs. 500
Around Rs. 500
Loan Cancellation/Re-booking Charges
Around Rs. 1000
Around Rs. 1000
Issuance of Credit Report
Around Rs. 50
Around Rs. 50
Car Loan Barian Kalan Fees and Charges: Leading Banks – Mar 29 2024
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
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
Car Loan Barian Kalan Documents Required
Salaried Individual
Category
Identity Proof (Any 1)
Passport
Voter ID
Aadhar Card
Driving License
Address Proof (Any 1)
Aadhar Card
PAN
Driving License
Electricity Bill
Date of Birth Proof(Any 1)
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
Bankers Verification
Passport
Income Proof
Bank Statement
Employment Continuity Proof
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment
Self-Employed Individuals
Category
Identity Proof (Any 1)
PAN Card
Passport
Voter ID
Aadhar Card
Address Proof (Any 1)
PAN Card
Voter ID
Passport
Electricity Bill
Date of Birth Proof (Any 1)
Birth Certificate
Passport
Driving Licence
PAN
Signature Proof (Any 1)
Bankers Verification
Passport
Bank Statement
Employment Continuity Proof
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Self-Employed Non-Individuals:
1. Partnership Firms/Societies
Category
Identity Proof (Any 1)
Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Aadhar Card
Driving License
Voter ID
Income Proof
P&L Account
ITR for the previous 2 years
Bank Statement
Last 6 month
Business Continuity Proof
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
2. Private Limited/Limited Companies
Category
Identity Proof
Copy of Incorporation
Address Proof (Any 1)
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
P&L Account and ITR for the previous 2 years
Bank Statement
Previous 6 Months
Business Continuity Proof
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.
How to Get the Best Car Loan Interest Rates in Barian Kalan
How to Apply for a Car Loan in Barian Kalan?
Which Bank in Barian Kalan Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Barian Kalan
Processing Fees / Prepayment Charges on Car Loan Barian Kalan
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan in Barian Kalan
Car Loan Barian Kalan Contact Number
Pre Calculated EMI Table for Car Loan Barian Kalan
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 Barian Kalan
Car Loan Banks in Barian Kalan
Bank Name
Bank Address
IFSC Code
HDFC BANK
HDFC BANK LTD., PREMISES NEAR DANA MANDI, VPO BARIAN KALAN, HOSHIARPUR PUNJAB 146100
HDFC0003169
PUNJAB NATIONAL BANK
VPO BARIAN KALAN
PUNB0124400
FAQ’s About Barian Kalan Car Loan
✅ Which car can I get with a car loan?
✅ Is it ok to acquire a loan on my current vehicle?
✅ Is a car loan waived off if the applicant expires?
✅ Can the car about to be purchased placed as collateral against the loan?
✅ How can I calculate the interest rate for a car loan?