Best Banks for Car Loan in Bhadrak
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 Bhadrak Features
A car loan is a short-term loan and it comes under the category of secured loans. Car Loan Jaisalmer is a financial assistance given by various banks or NBFCs which are available for the general public to purchase a car. This loan is the best way to generate cash and purchase your favourite car.
Car Loan Bhadrak Interest Rates
To check Personal Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Car Loan Bhadrak Documents Required
For Salaried Individuals:
- Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed Individuals:
- Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest ITR
- Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Bhadrak Eligibility Criteria
For Salaried Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment
- Minimum Annual Income: Rs.100000 net annual income
For Self-Employed Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: At least 3 years in business
- Minimum Annual Income: Net profit Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars
Car Loan for Major Car Manufacturers in Bhadrak
TABLE WILL APPEAR Apply for a Car LoanProcessing Fees & Prepayment Charges on Car Loan Bhadrak
CIBIL Score Required for Car Loan in Bhadrak
CIBIL score plays a key role while getting the loan. if your Cibil score is between 750-900. then you will get the quick loan approvals. If the Cibil score is less than 700 then your application will be pending. So, check your Cibil score before you apply for the loan. If you pay your EMIs in time then your Cibil score will be increased.
Car Loan Bhadrak Contact Number
For instant help and any more queries, you can visit Dialabank call 9878981166
Apply for a Car LoanPre Calculated EMI Table for Car Loan Bhadrak
Car Loan EMI Calculator Bhadrak
Other Car Loan Cities In Odisha
Car Loan Baripada | Car Loan Puducherry |
Car Loan Barbil | Car Loan Pondicherry |
Car Loan Balasore | Car Loan Karaikal |
Car Loan Balangir | Car Loan Tarn Taran |
Table of Contents
- 1 Best Banks for Car Loan in Bhadrak
- 2 Car Loan Bhadrak Features
- 3 Car Loan Bhadrak Interest Rates
- 4 Car Loan Bhadrak Documents Required
- 5 Car Loan Bhadrak Eligibility Criteria
- 6 Car Loan for Major Car Manufacturers in Bhadrak
- 7 Processing Fees & Prepayment Charges on Car Loan Bhadrak
- 8 CIBIL Score Required for Car Loan in Bhadrak
- 9 Car Loan Bhadrak Contact Number
- 10 Pre Calculated EMI Table for Car Loan Bhadrak
- 11 Car Loan EMI Calculator Bhadrak