Best Car Loan Providers in Daund
| Feature | HDFC Bank | Private Bank |
Kotak Mahindra Bank
|
| Interest Rate (p.a.) | 7.35 % - 7.95 % | 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 Daund Features
The car has become an indispensable part of everybody’s life. Without it, no one can imagine life to run smoothly on the track. But buying a car requires a large amount of financing and it is quite difficult to arrange finance with limited income. Getting a car loan in Daund is the best way and the most beneficial method to avail cash in a short period.
Here in Dial-a-bank, we will help you to get the most affordable car loan with lesser interest rates. With some banks offering loan amount in the lakhs, which means you are not limited in your choice of cars in your city.
Car loan offerings in India have secured loans. That implies that the car serves as the security/collateral for the loan. Acquiring a car loan is a simple process now. Now Apply for a Car Loan at Dialabank.
Car Loan Daund Interest Rate
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 Daund Documents Required
An individual must check the documents required for car loan before deciding.
For Salaried Employee
- You will need any one of the Proofs of Identity like a Passport copy, PAN Card, Voters ID card, Driving License
- You must show any one of the Proofs of Income is the Latest 3-month salary slip with form 16 a
- You will need any one of the Proofs of Address like Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Lastly, you will need 6 months of Bank Statement.
For Self Employed
- You will need any one of the Proofs of Identity like a Passport copy, PAN Card, Voters ID card, Driving License
- You must show any one of the Proofs of Income is the latest ITR of the firm that belongs to the applicant.
- You will need any one of the Proofs of Address like Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Lastly, you will need 6 months of Bank Statement
Car Loan Daund Eligibility Criteria
An individual must fulfil the Eligibility criteria for car loan to avail of the loan amount.
SALARIED INDIVIDUALS
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment.
- Minimum Annual Income: Rs 100000 net annual income.
SELF-EMPLOYED INDIVIDUALS
- Minimum age: 30 years
- Maximum age at loan maturity: 65 years
- Minimum employment: At least 2 years in business
- Minimum Annual Income: Net profit Rs. 60,000 Per Annum for standard cars and Rs.1,00,000 Per Annum for mid-sized and premium cars in Daund.
Car Loan for Major Car Manufacturers in Daund
TABLE WILL APPEARProcessing Fees & Prepayment Charges on Car Loan Daund
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 Daund
A CIBIL score is a numeric score that describes an applicant’s ability to repay his past loans efficiently and regularly. Maintaining a good CIBIL score is essential if you want to avail of a car loan at a lower interest rate. Also, having a good CIBIL score increases the processing speed of your application.
Most of the banks except a 750+ score to process your car loan in Daund but these may be higher or lower depending upon the individual requirements of the banks. The minimum CIBIL score requirement for car loans in Daund may vary from banks to banks.
Car Loan Daund Contact Number
Customers of Daund can contact us at +91 9878981166 to get exclusive car loan deals right from your home or can apply on our website Dialabank
Pre Calculated EMI Table for Car Loan Daund
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 Daund
Daund is a city, municipal council and headquarters of the Daund taluka in the Pune district in the state of Maharashtra, India.
It is said that in ancient times a sage, ‘Dhaumya Rishi’ sheltered here, hence people started calling this place after him: ‘Dhaum’. Gradually ‘Dhaum’ became ‘Dhoand’, then ‘Dhaundh’, and before it getting corrupted to the present name ‘Daund’. According to the Epic Mahabharata Krishna’s wife Rukhmini had gone in the ‘Dhindir forest’, this ancient ‘Dhindir Van’ is today’s Daund. Daund is a major railway junction in central railway, Daund is located on the bank of Bhima river. Daund’s large section of the population is working class. Pharmaceutical majors such as Cipla, Emcure, Dia Ichi are based in Daund.
Special Note: Banks do not provide Car Loans to bad credit holders, but one can fulfill their money requirement with Gold Loan easily.
Car Loan EMI Calculator
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