Best Banks for Car Loan in Dabra
⍟ Loan Approval in 30 Minutes
7.35% per annum The interest rates on auto loans offered by various lenders in Dabra may differ, but they are all lucrative and competitive. If you wish to avail of the best car loans in Dabra, follow the steps below : Availing of a car loan in Dabra is a very easy process when done through Dialabank. You just have to follow the few steps given below to do so : Many big banks and NBFCs, including HDFC, Private, and SBI, offer vehicle loans in Dabra. Dialabank can help borrowers choose a lender that can provide them with the loan amount they need at a reasonable interest rate and can distribute the funds as quickly as possible. TABLE WILL APPEAR The CIBIL score is referred to as what defines your ability to pay off your credits. Lenders usually prefer a CIBIL score of 750 or above, but in case of a low CIBIL score than the required value, the borrowers will be required to pay a high rate interest rate on their loan amount. Although, If their CIBIL score is good, then they have to pay a low rate of interest. Thus, a CIBIL score is an important factor in a car loan. Debra is a town in the Gwalior district in the state of Madhya Pradesh, India. If you want to take Car Loan Dabra, visit our website and get the loan at a low rate of interest. Car loans/auto loans can be used to buy a number of passenger vehicles, including MUVs, SUVs, and many other types of automobiles. A vehicle for business purposes and tractors, trucks, and even construction equipment loans can be availed from select lenders. Yes, provided you have a strong payment record with your current lending institution, many pf them will grant you a loan on your current automobile. Standing Instruction (SI), Electronic Clearing Service (ECS), and Post-Dated Cheques (PDCs) are three options for repaying your loan (PDCs). Generally, we advise that you repay your loan amount using the 1st two options as they are faster and have lower risks involving error, which is not the same for PDCs. Most lenders do not ask for a guarantor to be present while taking a car loan. However, if your annual income is below the required minimum, lenders might ask you to provide a co-applicant or guarantor to demonstrate your credibility.
Car Loan Dabra Features
⍟ 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
Car Loan Dabra Eligibility Criteria
Salaried Individual
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
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)
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
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 Dabra EMI Calculator
Car Loan Dabra Fees & Charges
Charges
New Car Loan
Used Car Loan
Interest Rate
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 Dabra Fees and Charges : Leading Banks – Mar 29 2024
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
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 Dabra Documents Required
Salaried Individual
Category
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)
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
Bankers Verification
Passport
Income Proof
Bank Statement
Employment Continuity Proof
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment
Self-Employed Individuals
Category
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)
Bankers Verification
Passport
Bank Statement
Employment Continuity Proof
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Self-Employed Non-Individuals:
1. Partnership Firms/Societies
Category
Identity Proof (Any 1)
Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Aadhar Card
Driving License
Voter ID
Income Proof
P&L Account
ITR for the previous 2 years
Bank Statement
Last 6 month
Business Continuity Proof
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
2. Private Limited/Limited Companies
Category
Identity Proof
Copy of Incorporation
Address Proof (Any 1)
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
P&L Account and ITR for the previous 2 years
Bank Statement
Previous 6 Months
Business Continuity Proof
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.
How to Get the Best Car Loan Interest Rates in Dabra
How to Apply for a Car Loan in Dabra?
Which Bank in Dabra Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Dabra
Processing Fees / Prepayment Charges on Car Loan Dabra
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan in Dabra
Car Loan Dabra Contact Number
Pre Calculated EMI Table for Car Loan Dabra
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 Dabra
Car Loan Banks in Dabra
Bank Name
Bank Address
Bank IFSC Code
BANK OF BARODA
NEAR BUS STAND, JHANSI ROAD,GWALIOR, MADHYA PRADESH 75110
BARB0DABRAX
BANK OF INDIA
DABRA BRANCH, 183, BALAJI SHOPPING COMPLEX,AGRASEN CHOUAHA, WARD NO. 18- DABRA
BKID0009457
CENTRAL BANK OF INDIA
SUBHASH GANJ, MAIN ROAD, DABRA, DIST-GWALIOR,MADHYA PRADESH-475110
CBIN0281098
CANARA BANK
THAKUR BABA ROAD DABRA DIST. GWALIOR 475 110
CNRB0004256
Private BANK LIMITED
Private BANK LTD- WARD NO- 16- HOUSE NO- 16- JAWAHAR GANJ. BITTARWAR ROAD- DABRA- DIST GWALIOR 475110
ICIC0001437
INDIAN OVERSEAS BANK
176 DABRA GAOM KI PULIYA, HANUMAN COLONY, GWALIOR ROAD, DABRA, MADHYA PRADESH 475110
IOBA0003482
ORIENTAL BANK OF COMMERCE
MAIN ROAD,NEAR KRISHI UPAJ MANDI,DABRA,475110,,DABRA
ORBC0100812
PUNJAB AND SIND BANK
SUBHASH GANJ, DABRA , DISTT. GWALIOR, MADHYA PRADESH-475110
PSIB0000643
STATE BANK OF INDIA
OPPOSITE BUS STAND, DABRA, DISTRICT HISAR HARYANA125001
SBIN0016138
STATE BANK OF INDIA
SUBHASH GANJ,STATION ROAD
SBIN0030097
UNION BANK OF INDIA
NEAR SBI ATM MOR DHARM KANTA PIN475110
UBIN0577260
UCO BANK
UCO BANKDABRA BRANCH 475110
UCBA0000038
UCO BANK
VILL & PO-SHUKLHARITEH-DABRA DIST-GWALIOR 475115
UCBA0001544
AXIS BANK
BUILDING NO. 424, NEAR GAUTAM FILLING STATION (PETROL PUMP), HARSI BHITARWAR MAIN ROAD, DABRA (MP) – 475110
UTIB0001930
FAQ’s About Dabra Car Loan
✅ What kinds of vehicles can one purchase using a car loan?
✅ Is it possible to get a loan on my current vehicle?
✅ What all options do I have for re-paying my car loan?
✅ Do I need a guarantor for a car loan?