Car Loan Delhi

Best Banks For Car Loan in Delhi

Car Loan Delhi Features

Being in a metropolitan city like Delhi you will need a car for transportation but limited income does not allow a common man to buy his car in Delhi. A Car Loan is a convenient option that allows a person to buy a car. Get the best funding with a lower interest rate and hassle-free experience to fulfill your dream with the help of dial-a-bank.

Car loans in Delhi often offer a fixed rate of interest options. It means that you are assured of a fixed amount that needs to be paid monthly. Car loans are not meant for just new cars but also for pre-owned cars. Now Apply for a Car Loan at Dialabank. Visit us at dialabank.

Car Loan Delhi Interest Rate

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

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Car Loan Delhi Documents Required

Documents required for car loan are as followed:

1. You will need a Proof of Identity like a Passport copy, PAN Card, Voters ID card, Driving License
2. You must show the Proof of Income  for Salaried applicant is the Latest 3-month salary slip with form 16 and for Self Employed is the Latest Income Tax Returns (ITR)
3. You need to show  the Proof of Address like Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
4. Lastly, you will need 6 months of Bank Statement

Car Loan Delhi Eligibility Criteria

The car loan eligibility requirements are as followed:

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.
• Least Annual Income: Rs 100000 net yearly pay.

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

How to Apply for Car Loan in Delhi?

Apply for a Car Loan Now

1. Visit us at dialabank.com
2. Go to the loan section and click on the auto loan link.
3. Fill out the form with details and submit the form.
4. We will contact you in a short period of time.
5. For further information please contact 9878981166.

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Car Loan for Major Car Manufacturers in Delhi 

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Processing Fees & Prepayment Charges on Car Loan Delhi

CIBIL Score Required for Car Loan in Delhi

CIBIL is a credit information company, You can check your CIBIL report to verify your standing in terms of credit score. A CIBIL score of 750 or more can get you a low-interest rate. However, the interest rate for a score of 650 to 750 will be slightly higher which may provide a high-interest rate. If you have defaulted in your CIBIL report, or have a very low score, your application may be rejected.

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Car Loan Delhi Contact Number

Customers can contact us at 9878981166 to get exclusive car loan deals right from your home or can apply

Pre Calculated EMI Table for Car Loan Delhi

About Delhi

Delhi, India’s capital region, is a gigantic metropolitan territory in the nation’s north. In Old Delhi, a local dating to the 1600s, stands the forcing Mughal-time Red Fort, an image of India, and the rambling Jama Masjid mosque, whose yard obliges 25,000 individuals. Close by is Chandni Chowk, a dynamic bazaar loaded up with food trucks, dessert shops, and flavor slows down.

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