Best Banks for Car Loan in Bijbehara
⍟ Loan Approval in 30 Minutes Want to purchase a car? But don’t have enough money? We Dialabank financial services help customers to compare, analyze and choose the best loans possible. Therefore, getting a car loan is not as difficult as it was a decade ago; nowadays, having a car is a normal thing, and this process is made simple by Dialabank by bringing you the best car loan deals online on a single platform for you to compare, analyze and apply for a car loan online without having to worry about them more. You can get a car loan from Bijbehara earliest and with a very satisfying service that you will not forget. The car loan eligibility requirements are as follows in Bijbehara:
7.35% per annum Documents required for car loan are as follows: Varied lenders in Bijbehara offer different interest rates on automobile loans, but they are all sensible and competitive. Follow the steps below to secure a car loan in Bijbehara with the lowest interest rate: Dialabank makes getting a car loan in Bijbehara a simple process. To take advantage of the best deals, follow these steps: Car loans Bijbehara provides several large banks and NBFCs, including HDFC, Private, and SBI. The best lender will be able to give you the loan amount you require at a reasonable interest rate and will be able to release the funds as soon as possible. As a result, it’s a good idea to evaluate auto loans from various lenders before applying for one that fulfills all of your requirements, such as interest. TABLE WILL APPEAR The CIBIL score is a value that determines your ability to repay your debts. A higher credit score indicates a positive credit history and facilitates the processing of your vehicle loan application. Most banks and NBFCs in Bijbehara consider a credit score of 750 or higher to be a good score when approving the application for a loan. From one bank to another, this score may differ. For example, you may be charged a high interest rate on the loan amount if your CIBIL score is lower than the required number; however, if your CIBIL score is great, you may be charged a low interest rate. As a result, while applying for a car loan, a CIBIL score is an important factor to consider. If you have any queries about the car loan Bijbehara, you may contact 9878981166 for any assistance. Bijbehara is a town and a notified area committee in the Anantnag district of the Indian union territory of Jammu and Kashmir. It is located on National Highway NH-1 A (Old highway), connecting the Kashmir Valley with India. Bijbehara town is also known as “Chinar Town” because of two Chinar gardens (Paadshaahi Bagh and Darashukoh Garden) which are known for their Chinars (Platanus orientalis) trees. Bijbehara is the home to the oldest chinar tree in the region. The town is situated about 45 km from the summer capital, Srinagar. The town had a population of 22,789 per the report released by Census India 2011. 20% of the purchase price of the car. To get a car loan, most lenders will not ask for a guarantor. However, if your income falls below the required minimum, lenders may want you to offer a guarantee or co-applicant to demonstrate that you will be able to repay the loan. You can use the EMI calculator on the Dialabank website or the website of the lending bank. To calculate the EMIs, enter various interest rates. The interest rate can be obtained by filling out an application for a loan, which will require you to provide basic information such as your salary, company, and work experience, depending on which interest rates will be presented.
Car Loan Bijbehara 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 Bijbehara 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 Bijbehara EMI Calculator
Car Loan Bijbehara 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 Bijbehara Fees and Charges : Leading Banks – Apr 25 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 Bijbehara 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 Bijbehara
How to Apply for a Car Loan in Bijbehara?
Which Bank in Bijbehara Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Bijbehara
Processing Fees / Prepayment Charges on Car Loan Bijbehara
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 Bijbehara
Car Loan Bijbehara Contact Number
Pre Calculated EMI Table for Car Loan Bijbehara
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 Bijbehara
Car Loan Banks in Bijbehara
Private BANK LIMITED
Private BANK LTD GATTO COMPLEX MAIN MARKET BIJBEHARA DIST ANANTNAG.JAMMU AND KASHMIR 192124
ICIC0002619
JAMMU AND KASHMIR BANK LIMITED
NATIONAL HIGHWAY BIJBEHARA
JAKA0BBHARA
STATE BANK OF INDIA
OPPOSITE POLICE STATION, NATIONAL HIGHWAY BIJBEHARA, DISTT. ANANTNAG. JAMMU AND KASHMIR 192124
SBIN0016496
FAQ’s About Bijbehara Car Loan
✅ What is the Down Payment for a Car Loan?
✅ Is there a requirement for a guarantor in a Car Loan?
✅ Where can I get an Interest Calculator for a Car Loan?