Best Banks for Car Loans in Durgapur
Car Loan Durgapur Features
You can Click Here to apply for Car Loan Durgapur.
Car financing is a need for everybody as 95% of the people prefer to buy it on loans due to a deficiency of funds or the failure to pay a huge sum in a single transaction. People face these issues which produce a huge gap. To fill this gap, we provide car loans to the people in need and to help them buy the car of their choice. We grant loans on interest rates which are lower than the market price. We have tie-ups with the best banks and NBFCs and we provide you with options to choose from.
Why Dialabank?
- We let you sit at the comfort of your home and render you with the loan without any dispute.
- We have tie-ups with top Banks and NBFCs of the country to deliver you with the best-in-class service.
- We offer you the lowest rates of interest in the market.
- We charge nothing from our customers for our services.
- Our team of experts and Relationship managers are there to help you throughout the journey.
Car Loan Durgapur Interest Rates
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 |
| Private 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 | 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 Durgapur Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
-
- Identity Proof: Passport copy, Driving License, PAN Card, Electoral Photo ID card can be used as ID proof.
- Income Proof: Last three months’ or last six months’ salary slip along with Income Tax Return filed.
- Address Proof: Driving License, Electricity Bill, PAN Card, Elector Photo ID Card, and Life Insurance Policy are valid address proofs.
- Bank Statement for the previous six months.
For Self-employed individuals:
-
- Identity Proof: Passport copy, Driving License, PAN Card, Electoral Photo ID card can be used as ID proof.
- Income Proof: Income Tax Return.
- Address Proof: Driving License, Electricity Bill, PAN Card, Elector Photo ID Card, and Life Insurance Policy are valid address proofs.
- Bank Statement for the previous six months.
Car Loan Durgapur Eligibility Criteria
The car loan eligibility requirements are as followed:
For Salaried applicants:
- Minimum age should be 21 years,
- Maximum age the time of loan maturity should be 65 years.
- The applicant should have served 1 year in current employment and total work experience of 2 years.
- The minimum annual income needs to be at 100000 Indian rupees as a net annual income.
For Self-Employed Applicants:
- Minimum age should be 21 years,
- Maximum age the time of loan maturity should be 65 years.
- The applicant should be active for at least 3 years in business.
- The net profit required is Rs 60000 per annum for standard cars and Rs 100000 per annum for mid-sized premium cars
How to Apply for Car Loan in Durgapur?
Apply for a Car LoanApplying for a car loan is with us is easy:
- For Car Loan Durgapur, visit Dialabank.
- Fill the form on the Car Loan page.
- Submit it.
- Once you’re through, Car Loan Durgapur agents will connect with you for more assistance.
Car Loan for major car manufacturers in Durgapur
TABLE WILL APPEARProcessing Fees /Prepayment Charges on Car Loan in Durgapur
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 Durgapur
Apply for a Car LoanCIBIL score reflects your credit history in the past as well as your defaults in payment of your previous loans. A good credit score is acknowledged as 750 and above as most of the financial organizations ask for a high credit score. Every bank and NBFC has distinct criteria for a minimum CIBIL score they require to process your loan. A Lower CIBIL score than 750 can draw a higher car loan interest rate.
A very low CIBIL score can reach to the rejection of your loan as it is the first thing a bank tracks before loan processing.
Car Loan Durgapur Contact Number
For quick support and to avail of your loans quickly without setting, you can contact us on 9878981166.
Pre Calculated EMI Table for Car Loan Durgapur
| 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 Durgapur
Apply for a Car LoanIn the state of West Bengal, Durgapur is a part of the Paschim Bardhaman District and the 4th largest agglomeration in the state. The city Durgapur was planned by two American architects in the year 1955. Emerged as the fastest city in West Bengal, it is considered a Tier 2 city with a population of more than 7 lakhs.
Special Note: Banks do not render Car Loans to faulty credit holders, but one can fulfill their financial conditions with Gold Loan easily.
Car Loan EMI Calculator Durgapur
Other Cities For Car Loan In West Bengal
| Car Loan Cooch Behar | Car Loan Asansol |
| Car Loan Chandannagar | Car Loan Alipurduar |
| Car Loan Bolpur | Car Loan Balurghat |
