Car Loan Belgaum

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Buy your dream Car

Rates as low as 7.35%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Best Banks for Car Loan in Belgaum

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 Belgaum Features

Car Loan Belgaum

Are you planning a car loan?

Do you need extra money for your dream car?

With minimum documentation/paperwork at Dialabank, you can get a car loan at the best affordable interest rates.

What are some of the Car Loan Belgaum features?

Car Loan Belgaum ensures to provide financial assistance at the best available interest rates. By structurally comparing the loan schemes of various banks and NBFCs, Dialabank gives you the premium experience of an online car loan.

With easy repayment options, Dialabank offers a loan on the Ex-showroom price as well as the On-Road price of the car, so you can choose wisely.

Car Loan Belgaum Interest Rates

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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 Belgaum Documents Required

For Car Loan in Belgaum, these are the much-needed documents –

For Salaried employees:

  1. Passport copy, PAN Card, Voters ID card, or any other kind of identity proof
  2. The latest 3-month salary slip with form 16 and ITR filing proofs required
  3. Permanent address proof to be presented.
  4. 6 months of bank statements.

For Self-Employed Candidates:

  1. Passport copy, PAN Card, Voters ID card, or any other kind of identity proof
  2. Income Tax Return should be filed as Income Proof.
  3. Permanent address proof to be presented.
  4. 6 months of bank statements.

Car Loan Belgaum Eligibility Criteria

The car loan eligibility differs slightly for a salaried individual and for a self-employed one.

Salaried Individuals:

  1. The age should be a minimum of 21 years.
  2. He/she should not be more than 60 years to avail of a car loan.
  3. A CIBIL score of 750 and above is a must.
  4. He/she should have been working for a minimum of 1 year in current employment and a previous minimum of 2 years of employment
  5. He/she should be earning a minimum of Rs 100000 per year

Self-employed Individuals:

  1. The age should be between 30-65 years to avail a car loan.
  2. A CIBIL of 750 and above is required.
  3. At least 3 years of working business.
  4. A minimum of Rs. 60k p.a net profits for standard cars and Rs.100000 p.a. for mid-sized and premium cars

How to Apply for Car Loan in Belgaum?

Apply for a Car Loan

There are mainly two ways in which you can apply for a car loan in Belgaum:

  • Online process: This process is the simplest of the two. Just visit our website Car Loan Page at  Dialabank and fill in a simple form related to your personal name, address details. The details like income, car type for which you want to avail of a car loan are required for our customer relationship managers so they can assist you in a better way. Also, you can call at 9878981166 for help.
  • Offline process: This process can be hectic and difficult as you may be required to make regular visits to your Bank to finally get the loan approved. For this, you will have to search for a car loan financed online near you and visit them to know about the loan process.

Car Loan for major car manufacturers in Belgaum

TABLE WILL APPEAR

Processing Fees/Prepayment Charges on Car Loan in Belgaum

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 Belgaum

Apply for a Car Loan

CIBIL score is one of the numeric values provided to ensure the credibility of the applicants, and have a clear idea about the creditworthiness and financial soundness of the candidate. Normally Banks consider a 750 or above credit score as an ideal score for loan approval.

Any person with failure in repayments of the loan may be considered as defaulted or the chance of getting instant approval is negligible for them. The credit score must be good and valid as per the bank’s eligibility criteria. So make sure you have applied with an adequate CIBIL score, otherwise, improve your CIBIL score by clearing all outstanding dues.

Car Loan Belgaum Contact Number 

For any queries related to a car loan in Belgaum kindly contact on the number 9878981166.

Pre Calculated EMI Table for Car Loan Belgaum

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 Belgaum

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In the Southwest Indian state of Karnataka, Belgaum is a city that is known for its Large Belgaum fort and centuries-old mosques. Circled by a moat, the city has Kamal Basti, a Jain temple, a Mahadev temple, and Belgaum city center which makes it culturally diverse. Besides, there is an ancient Kapilehswara Temple along with St. Mary’s Church in the northwest region which makes it worth visiting.

Car Loan EMI Calculator Belgaum

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