Car Loan Chittoor

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Rates as low as 8.50%*
Up to 100% Funding
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Best Banks for Car Loan in Chittoor

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate
8% - 8.4 %
8.5 - 9.5 %
11%
Min Loan Amt
Metro : 1 Lac & Non Metro: 75000
75000
75000
Max Loan Amt
1 Cr
1 Cr
1 Cr
Loan Tenure
Upto 7 Years
Upto 5 Years
Upto 5 Years
Processing Fee
1999 - 4999 + Tax
0.25% to 1.50%
0.25% to 1.50%
Preclosure Chgs
2%, Nil after 24 months
2%, Nil after 36 months
Nil
Loan to Value (LTV)
Upto 100% on Ex- showroom
Upto 95% on Ex- showroom
Upto 90% on Ex- showroom

Car Loan Chittoor Features

Car Loan ChittoorWant to purchase your dream car but don’t have the required funds for it? A car loan is what you can fulfill your desire. Car Loan is a secured loan with easy repayment options available for the applicants. The loan amount is offered on Interest charges which vary from one bank to another bank. You may avail a car loan for purchasing a new car as well as an already used car.  So if you are planning of purchasing your dream car, get an instant Car loan with DialaBank at an affordable and best rate of interest.

Car Loan Chittoor Interest Rate

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
1%
Nil
Andhra Bank Car Loan
Nil
Nil

 

To check Personal Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Car Loan Chittoor Documents Required

  1. Identity Proof in the form of, PAN Card, Passport copy, Voters ID card, Driving License or any other proof
  2. Income Proof For Salaried Employees– Latest 3-month salary slip with adjoining form 16 / For Self Employed- Previous few years ITR
  3. Address Proof: Ration card / Driving license / Voters card / Passport Copy /  Life Insurance Policy / Electricity Bill / /PAN Card
  4. Bank Statements for the last previous 6 months.
  5. ITR must be filed for the last previous 2 years for self-employed people.

Car Loan  Chittoor Eligibility Criteria

Car loan eligibility criteria for the salaried and self-employed vary in the following manner:

  1. Minimum age: 21 years for salaried and 30 years for self-employed
  2. Maximum age at loan maturity: maximum 60 years for salaried and 65 for self-employed
  3. Minimum employment: For Salaried- one year in current employment and a minimum of 2 years of employment / For Self Employed– at least 3 years in the normal course of  business
  4. Minimum Annual Income: For Salaried Rs 100000 net annual income is necessary / For Self- Employed minimum Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars are necessary

How to Apply for Car Loan in Chittoor?

Applying for a car loan in Chittoor is easy with DialaBank. Just visit our website at dialabank.com and follow the following steps:

  • Click on the car loan options available in the menu of the website.
  • Fill in the details as required, like name, location, contact no. etc.
  • Click on Request a Quote
  • You will be contacted by our car loan Customer Relationship manager soon to assist you further in the process.

You can also apply for a car loan offline by visiting the nearest branch of banks offering car loans. But that would limit your option to only a particular offer. It would also require you to make multiple visits to the banks to get your loan approved. Thus, when you think of a car loan DialaBank is your best and most convenient option available.

Processing Fees & Prepayment Charges on Car Loan Chittoor

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

CIBIL Score Required for Car Loan in Chittoor

CIBIL score is what describes your creditworthiness of the past. So, it is an important aspect to consider while availing a car loan. The CIBIL score required for car loans may vary from one bank to another. Most banks accept a CIBIL score of 750 and above to process your car loan application. In case of a low CIBIL score, you might be required to pay a heavy interest rate on the loan amount.

Car Loan Chittoor Contact Number

For any queries regarding the car loan in Chittoor, you may call on the number 9878981166.

Pre Calculated EMI Table for Car Loan Chittoor

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 Chittoor

Chittoor is a city or a place and district headquarters in the Chittoor district of the Indian state of Andhra Pradesh. It is the Mandal and also divisional headquarters of Chittoor Mandal and Chittoor revenue division, respectively.

Car Loan EMI Calculator

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