Car Loan Beawar

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 Beawar

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 Beawar Features

car loan beawar

A car is a gift for a family that may not be possible for many people to afford, but still, there is a way to get a car with easy instalment options, you can fulfil your desire to buy your dream car.

Nowadays a car is a necessity as well as a status symbol to be recognized as successful. many of the people just avoid purchasing a car as they lack finance. So don’t worry get a car loan and fulfil your desire to drive your own car.

A car loan is a financial help provided by banks and NBFC’s to fulfil your dream of having your own car. They provide necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car. Car Loan is a secured loan with easy repayment options. The loan amount is offered on Interest charges which vary from bank to bank. One can pay for the vehicle in easy instalments.

Car Loan Beawar 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 Beawar Documents Required

  1. Identity Proof: Driving License/ Aadhar Card/ Passport Copy/ Pan Card, etc.
  2. Income Proof: Previous 3 months salary slips or Form 16 for a salaried individual and recent tax return files for a self-employed individual
  3. Proof of residence: Water Bill/ Voter ID/ Telephone bill/ Passport Copy
  4. Recent passport size photographs-2

Car Loan Beawar Eligibility Criteria

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  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 1,00,000 net annual income

         For Self- Employed – Net profit Rs. 60,000 p.a for standard cars and Rs.1,00,000 p.a. for mid-sized and premium cars

How to Apply for Car Loan in Beawar?

You can apply for a car loan within few minutes without wasting any time. The best way to avail a car loan is by applying online.

  1. Visit our website DialaBank.
  2. The applicant then should select Car Loans on the homepage.
  3. The next step is to fill an online application form stating all the personal and professional details.
  4. You must provide your current contact number so that our executives can get in touch with you for further assistance.

An offline method for applying for a car loan is also available which is time-consuming and requires multiple visits to the bank. You need to go to the nearest bank and fill out an application form. Thereafter, their relationship managers shall assist you fin further process.

Processing Fees & Prepayment Charges on Car Loan Beawar

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 Beawar

A CIBIL score of 750 and above is considered to be very good and it attracts a lower rate of interest for car loans in Beawar. However, a CIBIL score between 650 to 750 could be considered if you have a good income but a slightly higher rate of interest will be offered in that case. If you have defaulted in your CIBIL score or the score is very low, then your application might be rejected.

The institutions don’t just look at the overall score but also the detailed behaviour on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a fresh loan.

Check your CIBIL score in your credit report for more information on the score.

Car Loan Beawar Contact Number

To avail instant car loans you can visit our website or call on 9878981166 to get personalized assistance. 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 Beawar

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

You can calculate your EMI here: Car Loan EMI Calculator

About Beawar

Beawar is a city in Ajmer district of Rajasthan, India.

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

Car Loan EMI Calculator

Share This

Menu