Car Loan Bilari

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 7.05%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Car Loan Bilari

Best Banks for Car Loan in Bilari


car loan

Car Loan Bilari Features

Loan Approval in 30 Minutes
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

Every person’s dream is an automobile. We will help you achieve your goal if you cannot buy a car due to a lack of financing. Do not let money be a barrier in your dream—Avail Dialabank’s Car Loan on a simple basis. In 30 minutes, obtain permissions and estimates.

Car Loan Bilari


car loan

Car Loan Bilari Eligibility Criteria

Salaried Individual
Age – 21 years to 60 years
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
Age – 21-65 years of age
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)
Minimum ITR – Rs. 2 lakh
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
At least 6-month vintage
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

 

Car Loan Bilari EMI Calculator

Car Loan Bilari Fees & Charges

Charges New Car Loan Used Car Loan
Interest Rate

7.35% per annum

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

Car Loan Bilari Fees and Charges: Leading Banks – Jun 26 2022

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 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

Car Loan Bilari Documents Required

Salaried Individual

Category
Documents Required
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)
Passport
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
PAN
Bankers Verification
Passport
Income Proof
Salary Slip and latest Form No.16
Bank Statement
Last 6 month Bank statement
Employment Continuity Proof
Job card by NREGA
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment

 

Self-Employed Individuals

Category
Documents Required
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)
PAN
Bankers Verification
Passport
Bank Statement
Bank statement of last 6 months
Employment Continuity Proof
Latest ITRs
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Registration Certificate
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate

 

Self-Employed Non-Individuals:

1. Partnership Firms/Societies

Category
Documents Required
Identity Proof (Any 1) Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Electricity Bill/Telephone Bill
Aadhar Card
Driving License
Voter ID
Income Proof
Audited Balance Sheet
P&L Account
ITR for the previous 2 years
Bank Statement Last 6 month
Business Continuity Proof
Company ITR of the last 2 years
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
Letter of Authority or PAN Card

 

2. Private Limited/Limited Companies

Category
Documents Required
Identity Proof
The latest copy of MOA and AOA
Copy of Incorporation
Address Proof (Any 1)
SSI/MSME Registration Certificate
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
Audited Balance Sheet
P&L Account and ITR for the previous 2 years
Bank Statement Previous 6 Months
Business Continuity Proof
P&L account and
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
List of Shareholding partners and Directors
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.


car loan

How to Get the Best Car Loan Interest Rates in Bilari

The interest rates offered by different lenders in Bilari may vary, but they are all reasonable and competitive. If you want to get a Car Loan in Bilari with the lowest interest rate, follow the steps below:

  • Select a shorter repayment period – Many applicants feel that lengthier repayment durations are better as the monthly EMI is cheap. This is not accurate, though, because lenders see longer payback periods for the poor payment capacity of the borrower. As a result, higher interest rates are charged. So consider a shorter payment time if you want to save money on your car loan.
  • Search and compare the advantages of various lenders – If you want a decently constructed car credit contract, first of all, you must explore and compare the advantages of various lenders. This helps you to determine which creditors have the best interest rates and which creditor to pick from.
  • Maintain a low debt-to-income ratio — Measure how much of an applicant’s income is paid into a debt-to-income ratio and consider it when establishing interest rates. You have a greater chance of obtaining a car loan with a lower interest rate when your debt-to-income ratio is lower.
  • Keep your credit score excellent – if you have a strong credit score, you will be glad to provide a car loan with reduced interest rates. Lenders think that a loan score of more than 750 is solid. Unfortunately, many lenders can provide vehicle lending to bad-credited persons but need a greater level of interest. To ensure a good credit score, check your credit score periodically using the Free Credit Score service of Dialabank. This enables you to make corrections to improve your credit score if it is low and enables you to contact creditors if your credit score is good confidently.

How to Apply for a Car Loan in Bilari?

  • You must first visit our official website.
  • Subsequently, apply for an online car loan.
  • Specify your contact number to get in touch with you.
  • In case of any concerns concerning the loan, you may also call us at 9878981166 to contact our relationship managers.
  • Dialabank is the finest platform for applying for a car loan since you receive a loan at cheap interest rates.


car loan

Which Bank in Bilari Offers the Best Car Loans?

In Bilari, several banks and NBFCs like HDFC, ICICI and SBI provide car loans. The greatest lender is the one that can give the loan quantity you need at a reasonable rate and distribute the money as soon as feasible. Therefore, before applying to one that fits all your demands, such as interest rates, it is usually good to compare the automobile loans from several loans.

Car Loan for Major Car Manufacturers in Bilari

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Bilari

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


car loan

CIBIL Score Required for Car Loan in Bilari

The CIBIL score sets your credit reimbursement capacity. A better loan score implies that you have a solid history of credit. This makes it straightforward to handle your Car Loan application procedure. The most important factor in approving your loan application procedure is the credit score of 750 and more banks and NBFCs.

Again, this score may differ between banks. For example, if your CIBIL is less than the needed value, you must pay a high interest rate on the amount of the Loans, whereas you may pay a cheap interest rate if your CIBIL score is strong. A CIBIL score in a car loan is thus a significant aspect.


car loan

Car Loan Bilari Contact Number

If you have any questions about the Bilari car loan, please contact us on 9878981166 for help.


car loan

Pre Calculated EMI Table for Car Loan Bilari

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


car loan

About Bilari

Bilari is a city and a municipal committee in district Moradabad in Uttar Pradesh, India. For more information on Car Loans, you can visit our official site.


car loan

Car Loan Banks in Bilari

BANK NAME BANK ADDRESS BANK IFSC CODE
BANK OF BARODA SHAHABAD ROAD BILARI DIST MORADABAD UTTAR PRADESH 244001 BARB0BILARI
HDFC BANK BILARI GOPAL AGENCIES, NEAR GANDHI STATUE STATION ROAD, PIN 202411 HDFC0002112
ORIENTAL BANK OF COMMERCE MAIN BAZAR,BILARI DISTT ,MORADABAD,BILARI ORBC0100182
PRATHAMA BANK VILL THAMWALA TEHSIL BILARI DISTT MORADABAD PRTH0011321
PRATHAMA BANK VILL GOVINDPUR TEHSIL BILARI DISTT MORADABAD PRTH0011325
PRATHAMA BANK VILL SATARAN TEHSIL BILARI DISTT MBD PRTH0011327
PRATHAMA BANK RATANPUR VILLAGE PO BAHETA KHAS TEHSIL BILARI DISTT MBD PRTH0016352
PRATHAMA BANK VILL BICHETA KAJI TEHSIL BILARI DISTT MBD PRTH0016354
STATE BANK OF INDIA BILARI LUCKNOW SBIN0000595
STATE BANK OF INDIA VPO HARIYANA TEH BILLARI DISTTMORADABADUP 202413 SBIN0050528
SYNDICATE BANK SAHAKARI GAANA,VIKAS SAMITI LTD,BILARI,BILARI,UTTAR PRADESH,202411,INDIA SYNB0009338
SYNDICATE BANK VILL KUNDERKI, ITM MARKET PASHA CHOWK, KUNDERKI TEHSIL BILARI, DIST MORADABAD UTTAR PRADESH INDIA 244413 SYNB0009427
YES BANK GROUND FLOOR, HOUSE NO 265H, MORADABAD-CHANDAUSI ROAD, NEAR, BUS STAND, PO BILARI, DIST MORADABAD, BILARI, UTTAR PRADESH-202411 YESB0000309

FAQ’s About Bilari Car Loan

✅ How can I calculate EMI for a Car Loan?

You can use the Dialabank website for an EMI calculator. To calculate the EMIs, enter the interest rate, loan amount and loan tenure. You will be able to calculate the EMIs within seconds.

✅ Do I need a guarantor for a Car Loan?

To get a Car Loan Bilari, most lenders will not ask for a guarantor unless your income falls below the required minimum or you have a poor credit history.

✅ What all vehicles can I purchase with a Car Loan?

You can take a Car Loan Bilari to buy various passenger vehicles, including SUVs (Sport Utility Vehicles), MUVs (Multi Utility Vehicles), and other types of vehicles. You can also take a Car Loan to acquire a vehicle for business purposes.