Car Loan Bindki

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Buy your dream Car

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

Car Loan Bindki

Best Banks for Car Loan in Bindki


car loan

Car Loan Bindki 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

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.

Car Loan Bindki


car loan

Car Loan Bindki 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


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Car Loan Bindki EMI Calculator

Car Loan Bindki 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


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Car Loan Bindki Fees and Charges: Leading Banks – Apr 27 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

Car Loan Bindki 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.


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How to Get the Best Car Loan Interest Rates in Bindki

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:

  • Choose a shorter repayment period – Many people believe that longer payment terms will be better because the monthly EMI is low. However, lenders consider longer payback terms to be an indicator of low repayment capacity for a debtor. So, consider a shorter payment period if you want to save money on your car loan.
  • Search and comparison of the benefits offered by different creditors – If you want a proper deal on a car loan, you have to look at the benefits offered by various creditors and compare them first. This can help you to figure out the best interest rates for lenders and therefore which lenders to choose from.
    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.
  • Keep a good credit score – If you get a good credit score, the lenders will gladly offer a car credit at cheaper rates. The lenders believe that a credit rating greater than 750 is healthy. Many lenders can give people with bad credit automotive credit but require a higher interest rate. To ensure a good credit score, check your credit score regularly by using the free credit score dial bank service. This allows you to take remediation measures to improve your credit score if this is low. If your credit score is good you can approach the lenders with confidence.

How to Apply for a Car Loan in Bindki?

Availing of a Car Loan Bindki is an easy process with Dialabank.

  • Firstly visit our website Dialabank
  • Secondly, fill the online application form.
  • Thirdly, enter the basic information in the above application form.
  • You will get a call
  • Moreover, for more information, you can call at 9878981166 with your city code.
  • The process is very easy and simple.

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Which Bank in Bindki Offers the Best Car Loans?

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.

Car Loan for Major Car Manufacturers in Bindki

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Bindki

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


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CIBIL Score Required for Car Loan in Bindki

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.


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Car Loan Bindki Contact Number

If you have any queries concerning the Bindki Car Loan, please call 9878981166 for help.


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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


car loan

About Bindki

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.


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FAQ’s About Bindki Car Loan

✅ Can I avail myself of tax benefits in a Car Loan?

No, there are no tax benefits in a Car Loan. The only loan in which tax benefits can be availed is a Home Loan.

✅ What is the interest rate charged by banks on Car Loans?

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.

✅ What all fees are included in a Car Loan?

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.