Best Banks for Car Loan in Bindki
⍟ Loan Approval in 30 Minutes Do you have enough money and want to buy a car? Apply then for a dialabank car credit. This is the first financial aid line that provides customers with a loan from various banking companies with a highly competitive interest rate together with different schemes and proposals, and easy access to loans.
7.35% per annum Various lenders charge different interest rates on Bindki’s vehicle loans, but all are reasonable and competitive. If you want a lowest interest rate car loan in Bindki, follow the next steps: Availing of a Car Loan Bindki is an easy process with Dialabank. Many banks and NBFCs offer Car Loans in Bindki. The best lender is the one that provides you with the loan amount you need at a reasonable interest rate and can distribute the funds as quickly as feasible. Hence, you should always compare vehicle loans from many lenders before applying with the one that meets all of your needs, such as interest rates. TABLE WILL APPEAR The CIBIL score is an important part of the car loan process. The higher you receive your CIBIL, the higher the loan, the less time you get. The reason behind this is typical that the applicant’s behaviour towards his/her crédits is shown by the CIBIL score. If the score is not good, the customer will have a bad credit record, his/her past and current credits and/or liabilities might not be good. It can cause the customer a big problem. Usual good credit is a CIBIL score of more than 700. If you have any queries concerning the Bindki Car Loan, please call 9878981166 for help. It is located in Uttar Pradesh, India district of Fatehpur. To take a loan from Dialabank, it is very helpful for an individual to go to the dialabank. No, there are no tax benefits in a Car Loan. The only loan in which tax benefits can be availed is a Home Loan. Various banks charge a different interest rate on loans. Interest rates are the most important thing in a loan. There are many banks and NBFCs which offer loans at reasonable interest rates. But ultimately, the interest charged by banks depends on your credit history, your income level and your CIBIL score. Banks include various fees in a Car Loan apart from the interest amount. Some of them are stamp duty, documentation charges, credit report charges, foreclosure fees, part payment charges, late payment charges, amortization schedule charges, loan cancellation charges, cheque bounce charges, etc.
Car Loan Bindki 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 Bindki 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 Bindki EMI Calculator
Car Loan Bindki 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 Bindki Fees and Charges: Leading Banks – Apr 27 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 Bindki 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 Bindki
Maintaining an insignificant debt-to-income ratio – The debt-to-income ratio measures how much of an applicant’s income is paid into the repayment of a loan. You have a better chance to get a car loan with a smaller interest rate when your debt-to-income ratio is lower.How to Apply for a Car Loan in Bindki?
Which Bank in Bindki Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Bindki
Processing Fees / Prepayment Charges on Car Loan Bindki
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 Bindki
Car Loan Bindki Contact Number
Pre Calculated EMI Table for Car Loan Bindki
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 Bindki
FAQ’s About Bindki Car Loan
✅ Can I avail myself of tax benefits in a Car Loan?
✅ What is the interest rate charged by banks on Car Loans?
✅ What all fees are included in a Car Loan?