Car Loan Delhi

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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 Delhi

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 Delhi Features

Car Loan Delhi

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

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

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Car Loan Delhi Documents Required

  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

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

Car Loan Delhi

  1. Visit us at dialabank
  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 

TABLE WILL APPEAR

Processing Fees & Prepayment Charges on Car Loan Delhi

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 Delhi

CIBIL is a credit information company, You can check your CIBIL report to verify your standing in terms of credit score. A 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

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 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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Car Loan EMI Calculator

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