Car Loan Datia

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 7.35%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Best Banks for Car Loan in Datia

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 Datia Features

car loan datia

If you are a resident of Datia, you can easily apply for a car loan to various banks and NBFCs at flexible tenures, for both brand new ones and second-hand ones. Loans are offered for both ex-showroom and on-road prices at attractive interest rates, making it convenient for you to fulfill your dream of having your car. Loans vary according to the model and type of car you wish to purchase. So choose the right bank, get a loan, and drive away! You can get access to features such as:

  • Car loans are available at low-interest rates, but these may vary from bank to bank
  • Almost all major banks and NBFCs offer car loans in Datia in your vicinity
  • The documentation process is quick and hassle-free
  • Car loans are easily available through DialaBank

Car Loan Datia Interest Rate

Apply for a Car Loan

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 Datia Documents Required

For Salaried Employees

The essential documents required to get a car loan approved in Datia are as follows:

  1. Identity Proof: Documents such as your Passport copy, PAN Card, Voters ID card, Driving License will be required.
  2. Income Proof: The latest 3-month salary slip with form 16 will be required
  3. Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: from the last 6 months will be required.

For Self Employed

  1. Identity Proof: Documents such as your Passport copy, PAN Card, Voters ID card, Driving License will be required
  2. Income Proof:  The latest ITR will be required
  3. Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: from the last 6 months will be required.

Car Loan Datia Eligibility Criteria

The car loan eligibility requirements are as followed in Datia:

For Salaried Employee

  1. The Minimum age requirement is 21 years while the Maximum age at loan maturity is 65 years
  2. The Minimum employment term for the applicant is 1 year in current employment and a minimum of 2 years of total employment
  3. The Minimum Annual Income for a Salaried employee is Rs 100000 net annual income, while for a Self- Employed, the net profit is Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars

For Self Employed

  1. The Minimum age requirement is 21 years while the Maximum age at loan maturity is 65 years
  2. The Minimum employment term for employment is at least 3 years in business
  3. The Minimum Annual Income the net profit is 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 Datia

Apply for a Car Loan

TABLE WILL APPEAR

Processing Fees & Prepayment Charges on Car Loan Datia

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 Datia

The CIBIL score is referred to as your ability to pay off your credits.

While 650 is considered as a ‘fair’ score, it comes close to a poor rating. It is advisable to have a score of 750 and above to get your loan sanctioned easily. This score depends on your credit history and is negatively impacted if you fail to pay your EMIs. This score may again vary from bank to bank

Car Loan Datia Contact Number

Dial-up at 9878981166 to contact us for more information and get the best advice for your car loan or you can also visit our website at Dialabank.

Pre Calculated EMI Table for Car Loan Datia

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 Datia

Datia is located in the state of Madhya Pradesh. It is best known for the Pitambara Peeth, a famous shaktipitha located at its entrance. This pilgrimage spot features Bagalamukhi Devi Temple and Dhumavati Mai Temple, established by Shri Golokwasi Swamiji Maharaj. Vankhandeshwar, a Mahabharat period temple of Lord Shiva, is also situated here. Its population is around 8 lakhs.

Car Loan EMI Calculator

Apply for a Car Loan

Other Cities For Car Loan In Madhya Pradesh

Car Loan Ashoknagar Car Loan Wardha
Car Loan Alirajpur Car Loan Wani
Car Loan Yavatmal Car Loan Umred
Car Loan Warud Car Loan Thane
Menu