Car Loan Bilari

Best Banks for Car Loan in Bilari

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 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 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 Bilari Fees and Charges: Leading Banks – Apr 25 2024

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
Private 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 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.

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.

Which Bank in Bilari Offers the Best Car Loans?

In Bilari, several banks and NBFCs like HDFC, Private 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
Prepayment Charges	>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 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 Bilari Contact Number

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

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

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 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.