Car Loan Biswanathchariali

Best Banks for Car Loan in Biswanathchariali

Car Loan Biswanathchariali 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

If you are tired of travelling by two-wheeler and now require a four-wheeler but do not have the time to visit various banks to compare interest rates, documentation, and other factors, Dialabank will provide you with all the information you require in the shortest time possible and will clear all your doubts. Now is the perfect time to apply with Dialabank and receive the best services.

Car Loan Biswanathchariali

Car Loan Biswanathchariali 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 Biswanathchariali EMI Calculator

Car Loan Biswanathchariali 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 Biswanathchariali Fees and Charges: Leading Banks – Apr 26 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 Biswanathchariali 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 Biswanathchariali

Varying lenders in Biswanathchariali offer different interest rates on automobile loans, but they are all reasonable and competitive. Follow the steps below to acquire a Car Loan in Biswanathchariali with the lowest interest rate:

A credit rating tells a lender that you’re a less dangerous borrower because you’ve previously made on-time payments, as demonstrated by your score.
The interest rate you pay on your vehicle loan is determined by the amount you borrow. You may be able to receive a cheaper interest rate if you pick a larger loan amount.
If you have an excellent payment and activity history, companies may be willing to offer you a reduced interest rate on a vehicle loan.
When you make more money, you may be eligible for a lower interest rate because a higher income implies a greater ability to repay the loan.
When debt-to-income ratios are low, consumers have a greater chance of securing a new mortgage at a lower rate.

How to Apply for a Car Loan in Biswanathchariali?

With Dialabank, obtaining a car loan in Biswanathchariali is simple:

Look over our website and choose a vehicle loan from the drop-down menu. Fill in the details about the car as well as your earnings. Then sit back and wait for our financial counsellor to call you at the number you provided. Our relationship managers may be reached at 9878981166 if you have any questions concerning the loan.
To accomplish this, you’ll need to go to the branch personally, which might be a stressful scenario for you.

Which Bank in Biswanathchariali Offers the Best Car Loans?

Car loans are available from a number of large banks and non-bank financial companies in the city. Naturally, the best lender will be able to give you with the loan amount you require at a reasonable interest rate and promptly release the cash. As a consequence, comparing auto loans from many lenders before applying for one that matches all of your criteria, such as interest rates, is always a smart idea.

Car Loan for Major Car Manufacturers in Biswanathchariali

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Biswanathchariali

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 Biswanathchariali

The CIBIL score reflects your previous credit history as well as any defaults on previous loans. Because most financial institutions want a high credit score, a decent credit score is 750 or above. However, each bank and NBFC has its own requirements for a minimum CIBIL score to process your loan. A CIBIL score of less than 750 can result in a higher rate of interest.

A low CIBIL score may result in your loan being rejected because it is the first item a bank looks at before completing your application.

Car Loan Biswanathchariali Contact Number

In case of any queries regarding the Car Loan in Biswanathchariali, you may contact on the number 9878981166 for any assistance.

Pre Calculated EMI Table for Car Loan Biswanathchariali

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 Biswanathchariali

Biswanathchariali is a city in district Biswanath in state Assam, India. The name of the city is derived from Biswanath Ghat. Biswanathchariali holds the first “Clock Tower” of Assam followed by the clock tower of Dibrugarh. For more information on Car Loans, you can visit our official site.

FAQ’s About Biswanathchariali Car Loan

✅ What is EMI?

EMI stands for Equated Monthly Installments. You repay your loan via EMIs. EMI includes your principal Loan amount as well as the interest. The interest component is major for the first few EMIs so if you were to prepay your loan, it is best to do it in the initial years of your Loan tenure so that you pay less on interests.

✅ Can I calculate my EMI online?

Yes, you can easily calculate your EMIs online with Dialabank’s EMI calculator. All you need to do is enter the loan tenure, the Loan amount and the applicable interest rate. You will be able to calculate your EMIs online within a few seconds.