Car Loan Gangtok

Best Banks for Car Loan in Gangtok

Car Loan Gangtok Features

 The main features of a car loan in Gangtok are:

• The documentation process is quick and hassle-free
• Car loans are easily available through DialaBank
• Car loans are available at low-interest rates
• Almost all major banks and NBFCs offer car loans in Gangtok

Car Loan Gangtok Interest Rates

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

Car Loan Gangtok Documents Required

For Salaried Individuals:

1. Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
2. Income Proof: Latest 3-month salary slip with form 16
3. Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
4. Bank Statement: Last 6 months.

For Self Employed Individuals:

1. Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
2. Income Proof: Latest ITR
3. Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
4. Bank Statement: Last 6 months.

Car Loan Gangtok Eligibility Criteria

For Salaried Applicants

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: 1 year in current employment and a minimum of 2 years of employment
4. Minimum Annual Income: Rs.100000 net annual income

For Self-Employed Applicants

1. 1. Minimum age: 21 years
   2. Maximum age at loan maturity: 65 years
   3. Minimum employment: At least 3 years in business
   4. Minimum Annual Income: Net profit Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Gangtok

Processing Fees / Prepayment Charges on Car Loan in Gangtok

CIBIL Score Required for Car Loan in Gangtok

The Cibil score is referred to as what defines your ability to pay off your credits. A higher Credit score means good credit history and makes your car loan application process smooth and easy to be processed. Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Gangtok. This score may again vary from bank to bank. In case of a low CIBIL score than the required value, you will be required to pay a high rate interest rate on the loan amount. Thus, a CIBIL score is an important factor in a car loan.

Car Loan Gangtok Contact Number

In case of any queries regarding the car loan in Gangtok, you may contact the number 9878981166 or visit the website Dialabank for any sort of assistance.

Pre Calculated EMI Table for Car Loan Gangtok

Car Loan EMI Calculator Gangtok

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