Car Loan Cochin

Best Banks for Car Loan in Cochin

Car Loan Cochin Features

Buying cars is the majority of people’s dreams. But due to financial problems, due to weak financials, many were stopping to buy. Here is the best way to get the loan. just apply for the car loan through Dialabank. If your cibil is good then you will get a good rate of interest and also you will get high tenure for loan repayment.

All the banks and NBFCs are ready to provide car loans. you can get the loan amount for the Ex-showroom price and also, if required you will get a loan for on-road price also.

Car Loan Cochin Interest Rates

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

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

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Car Loan Cochin Documents Required

For Salaried Individuals

1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
2. Income Proof: – Latest 3-month salary slip with form 16
3. Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
4. Bank Statement: Last 6 months.

 For Self Employed

• Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
• Income Proof: – Latest ITR reports.
• Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 6 months.

Car Loan Cochin Eligibility Criteria

For Salaried Applicants

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment:  1 year in current employment and a minimum of 2 years of employment
4. Minimum Annual Income: Rs 100000 net annual income.

For Self Employed Applicants

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: at least 3 years in business
4. Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Cochin

TABLE WILL APPEAR

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Processing Fees & Prepayment Charges on Car Loan in Cochin

CIBIL Score Required for Car Loan Cochin

Every financial institution has its criteria for the CIBIL score required for processing the Car Loan application in Nadiad so that they can minimize the risk of lending to the customer. Most institutions require a minimum score of CIBIL of 750 or above to process your loan application. Also having a good CIBIL score helps to loans at a cheaper rate of interest.

The institutions don’t just look at the overall score but also the detailed behavior on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a fresh loan.

Car Loan Cochin Contact Number

You can get a car loan Cochin easily from Dialabank by contacting the number 9878981166.

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Pre Calculated EMI Table for Car Loan Cochin

Car Loan EMI Calculator

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