Best Banks for Car Loan in Dogachia
Feature
HDFC Bank
Private 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
⍟ Loan Approval in 30 Minutes In the current world, having a car has become a necessity in life. A car loan is when a consumer borrows from various banks or NBFCs to purchase a car. This loan is also called an auto loan. It comes under the category of secured loans, which means borrowers have to serve some item as collateral. The car loan eligibility requirements are as follows in Dogachia:
7.35% per annum Documents required for a car loan are as follows: The interest rates on vehicle loans offered by different lenders in Dogachia may vary, but they are all reasonable and competitive. If you want to get a car loan in Dogachia with the lowest interest rate, follow the steps below: Availing of a car loan in Dogachia is an easy process with DialaBank. Follow the following steps to avail of the best offers: Car loans are available from many large banks and NBFCs in Dogachia, including HDFC, Private, and SBI. The best lender will be able to give you the loan amount you require at a reasonable interest rate and will be able to release the funds as quickly as possible. As a result, it’s always a good idea to compare around for car loans from various lenders before deciding on one that fulfills all of your requirements, including interest rates. TABLE WILL APPEAR The CIBIL score is a number that determines your ability to repay your debts. A higher credit score indicates a positive credit history and facilitates the processing of your car loan application. A credit score of 750 or more is usually considered good by banks and NBFCs when approving your loan application in Dogachia. This score may differ from one bank to another. If your CIBIL score is lower than the required number, you will have to pay a high interest rate on a loan; however, if your CIBIL score is good, you may be required to pay a low-interest rate. As a result, a CIBIL score is an important consideration when applying for a car loan. If you have any queries regarding the car loan in Dogachia, you may contact the number 9878981166 for any assistance. Dogachia is a town located in North 24 Parganas district in West Bengal state, India. Yes, many lenders in Dogachia will issue you a loan on your present vehicle if you have a good payment history with your current lender in Dogachia. Three possibilities for repaying your loan are Standing Instruction (SI), Electronic Clearing Service (ECS), and Post-Dated Cheques (PDCs). The first two choices are normally recommended for returning your loan because they are faster and have a lower risk of error, which is not the case with PDCs. You can use DialaBank websites or the leading websites. Then, enter several interest rates to calculate the EMIs. The interest rate can be found by completing a loan application, which will ask you to give basic information such as your salary, company, and work experience, depending on which interest rates are shown.
Car Loan Dogachia 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 Dogachia 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 Dogachia EMI Calculator
Car Loan Dogachia 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 Dogachia Fees and Charges : Leading Banks – Mar 28 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 Dogachia 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 Dogachia
How to Apply for a Car Loan in Dogachia?
Which Bank in Dogachia Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Dogachia
Processing Fees / Prepayment Charges on Car Loan Dogachia
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 Dogachia
Car Loan Dogachia Contact Number
Pre Calculated EMI Table for Car Loan Dogachia
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 Dogachia
FAQ’s About Dogachia Car Loan
✅ Is a loan on my current vehicle possible?
✅ What are my alternatives for repaying my Auto Loan?
✅ Where can I get a car loan interest calculator?