Car Loan Chettikulangara

Interest Rates for Car Loan Chettikulangara

New Car

1. If the requirement of the applicant is less than Rs. Three lacs then the interest rate charged would be 10.25% per annum.
2. If the loan amount is between Rs.3 lacs to Rs.6 lacs, then the interest rate charged would be 9.50% per annum.
3. For the loan amount between Rs.6 lacs and Rs.10 lacs, a 9.25% interest rate would be charged.
4. If the loan amount varies from Rs.10-20 lacs, then the interest rate charged would be 9.00% per annum.
5. For loan amount being more than Rs. Twenty lacs the interest rate would be 8.70% per annum.

Used Car

Eligibility Criteria for Car Loan Chettikulangara

Salaried Individuals

1. Minimum age 21 years
2. Maximum age at loan maturity 65 years
3. Minimum employment one year in present company and a minimum of 2 years of work in total.
4. Minimum Annual Income Rs 2,40,000.

Self-Employed

1. Minimum age 30 years
2. Maximum age at loan maturity 60 years
3. Minimum employment At least two years in business
4. Minimum ITR filed should be 2.5 lakhs.

Why should one choose Car Loan Chettikulangara?

1. Easy repayment options.
2. Instant funding/ quick disbursal.
3. Loan Tenure varies from 1 to 7 years.
4. Affordable rate of Interest
5. Quickly and hassle-free documentation.
6. No hidden charges.

Documents required for Car Loan Chettikulangara

1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License, Aadhar Card
2. Income Proof: For Salaried Latest salary slip with form 16 / For Self- Employed Latest ITR
3. Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy / PAN Card / Aadhar Card
4. Bank Statement: Bank statements for the last six months is also required.
5. Car quotation is also required.

Fee and Other Charges

1. Stamp duty charge.
2. Processing fee charged depends on two things. For the amount up to Rs.2.5lacs, the processing fee is Rs.2825/-. For amount more than Rs.2.5lacs, the processing fee is Rs.3850/-. The maximum amount charged for processing fee is Rs.5000/-. However, Dialabank provides the processing fee at an attractive price of Rs.1785/- only.
3. Loan cancellation or rebooking charges: The customer will bear interest charges from disbursement date till refund of disbursement amount.
4. Legal, Repossession and Incidental Charges: At Actuals
5. Loan rescheduling charges:  Rs.1000

Eligibility for Car Loan Chettikulangara

Private Employees

Government Employees

Internal Customer

Additional Information for Car Loan Chettikulangara

1. The CIBIL of the applicant needs to be more than 700.
2. The loan is given for a period of 60 months to 84 months.
3. The minimum amount of credit that can be claimed by the applicant is Rs. 1 lakh.
4. Also, the top-up amount is twice the amount paid by the applicant to the bank.
5. The persons were having CIBIL 0, 1, -1 is also considered for the loan.
6.  If the instalment gets bounced, then the amount charged by the bank will be doubled for the next month.

Car Loan for the Agriculturists

How to apply for Car Loan Chettikulangara?

1. Visit dialabank
2. Go to the loan section and select auto loan followed by car loan link.
3. The applicant will be directed to the details of the car loan where they can choose their preferred city.

About Chettikulangara

Chettikulangara is a gram panchayat in the Mavelikkara taluk of the Alappuzha district, state of Kerala, India. It is an area of paddy and sesame fields, and tapioca cultivation. It has many higher secondary schools, a public health center, and a panchayat office.