Car Loan Bokakhat

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 Bokakhat

Best Banks for Car Loan in Bokakhat


car loan

Car Loan Bokakhat 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

Nowadays, having a car is vital. Is it not? Is it not? An automobile facilitates your life. Now the days are passed to save and wait for the car. We financial services dialabank help clients assess, analyse and select the best possible loan. Just apply via Dialabank for the car loan. If your CIBIL is good, you’ll have a favourable interest rate and a high loan repayment tenure. All banks and NBFCs are ready to make car loans available. You can receive the ex-showroom loan amount, and you can also get an on-road prize loan if necessary.

Car Loan Bokakhat


car loan

Car Loan Bokakhat 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 Bokakhat EMI Calculator

Car Loan Bokakhat 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 Bokakhat Fees and Charges: Leading Banks – May 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 Bokakhat 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 Bokakhat

Vehicle loan interest rates provided by various lenders in Bokakhat may vary, but all are acceptable and competitive. If you want the lowest interest rate Car Loan from Bokakhat, take the following steps:

  • A credit rating shows the lender that your financing is less dangerous, as shown by the score, as you have paid on time in the past.
  • The amount of money you loan influences your vehicle loan interest rate. Therefore, you can get a lower rate if you choose a larger loan amount.
  • If you have an excellent payment and business history, companies may be willing to provide you with a cheap interest rate on a car loan.
  • You may be eligible for a decreased interest rate when you earn more money since higher incomes reflect stronger repayment capacity.
  • If the debt-to-income value is little, consumers will obtain a better chance at a lower price of a new mortgage.

How to Apply for a Car Loan in Bokakhat?

Availing a Car Loan Bokakhat:

  • Check out our website and select the car loan option from the drop-down menu. Next, enter in the facts about the vehicle and your earnings. Then, simply wait for our financial advisor to contact you at the phone number you supplied. If you have any questions about the loan, you can contact our relationship managers at 9878981166.
  • You’ll have to go to the branch yourself to do this, which could be a stressful situation for you.


car loan

Which Bank in Bokakhat Offers the Best Car Loans?

Several major banks and financial non-banks offer auto loans in the city. The best lender will naturally give you the loan at a fair value and distribute the funds as soon as possible. However, it is always a good idea to examine different lenders’ vehicle loans before applying for one that fulfils all your criteria, such as interest rates.

Car Loan for Major Car Manufacturers in Bokakhat

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Bokakhat

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 Bokakhat

The CIBIL scoring represents your past credit history and all previous credit defaults. Due to the high credit value that most financial institutions demand, the decent credit rating is 750 or above. Nevertheless, every bank and NBFC has their own minimum standards for a CIBIL loan score. Therefore, if a CIBIL score of less than 750, the interest rate may be higher.

A poor CIBIL score may lead to a rejection of your loan as it is the first item that a bank is looking into before your application.


car loan

Car Loan Bokakhat Contact Number

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


car loan

Pre Calculated EMI Table for Car Loan Bokakhat

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 Bokakhat

The city of Assam in Bokakhat. Jorhat and Guwahati are the closest airports. Badulipar and Furkating are the closest railway stations. Bokakhat had a population of 8844 since the 2001 Indian census.

Car Loan Banks in Bokakhat

Bank Name Bank Address IFSC Code
BANK OF BARODA NARAYAN BORAH COMPLEX, AT ROAD NEAR ASTC BUS STAND, PO BOKAKHAT, DIST GOLAGHAT, ASSAM 785612. BARB0BOKAKH
HDFC BANK GROUND FLOOR WARD 4 ADJACENT TO BANK OF BARODA NH 37 PS AND P O BOKAKHAT GOLAGHAT ASSAM 785612 HDFC0009208
ICICI BANK LIMITED ICICI BANK LTD, BOKAKHAT BARNCH, KHETAN BHAWAN, BOKAKHAT,NH-37, DIST – GOLAGHAT, ASSAM-785612 ICIC0002634
INDIAN BANK CO BOKAKHAT NATYA MANDIR FESHENGBAR HAT I FLOOR HOSPITAL ROAD BOKAKHAT 785612 IDIB000B100
NORTH EAST SMALL FINANCE BANK LIMITED WARD NO-4, P.O-BOKAKHAT, P.S – BOKAKHAT, DIST – GOLAGHAT, PIN-785612,ASSAM NESF0000020
STATE BANK OF INDIA DISTT. GOLAGHAT, ASSAM SBIN0010307
UNITED BANK OF INDIA BOKAKHAT, DIST. GOLAGHAT UTBI0BKK342

FAQ’s About Bokakhat Car Loan

✅ What is a Car Loan?

A Car Loan Bokakhat is a secured term Loan that is availed to finance a car. Various lenders and banks sanction a Car Loan based on your eligibility, credit score, and income criteria. Based on this, the interest rates are decided. The Loan has to be paid over the repayment tenure decided by you via EMIs.

✅ What is an EMI Calculator?

Car Loan in Bokakhat EMI can be calculated by Car Loan EMI Calculator provided by Dialabank. The calculator is free to use, and you can use it an infinite number of times. Equated Monthly Installments(EMI) is the monthly fixed charges you pay to the bank as monthly repayment for the loan amount borrowed. Based on the profile, the interest rate on loans in Bokakhat is determined. EMI is calculated based on the Interest Rate you are charged by the bank, the amount of Loan you have to take, and the period you enjoy the Car Loan.

✅ Can we close the Car Loan partially?

Most banks and financial institutions do not allow you to prepay or pre-close your Car Loan ahead of the tenure, even if you have funds available. But some banks also allow you to do so. They just charge a penalty or fee for it.