All About Car Loan Itawakalan
In a country like India, most of the people use car to reach its destination. So by considering the demand banks are providing a Car Loan to every individual who are in need of money to buy the car. It is a secured loan with the lowest rate of interest and flexible repayment options. Apply for a car loan with Dialabank and get services like instant approval, less processing fee, etc.
Why should one choose Car Loan Itawakalan?
1. Easy repayment options like payment on EMIs.
2. Instantly available of the loan amount.
3. Tenure period varies from person to person say 1-7 years.
4. Affordable and a competitive rate of interest.
5. Minimal documentation required.
6. No extra or hidden charges.
Car Loan Itawakalan Interest Rates
New Car Loan
Less than 3 lacs
3 – 6 lacs
6 – 10 lacs
10 – 20 lacs
more than 20 lacs
Used Car Loan
Tenure for less than 23 Months
Tenure for less than 3 Months
less than 3 Lacs
3 – 6 Lacs
6 – 10 Lacs
10 – 20 Lacs
more than 20 Lacs
Eligibility Criteria for Car Loan Itawakalan
Minimum Age of the applicant is 21 years.
Maximum Age at loan maturityis for 65 years.
For Salaried Applicant – Minimum 1 year in current employment and two years of employment.
For Self-employed Applicant – Atleast three years in the business.
Minimum Annual Income:
For Salaried Applicant – A net annual income of Rs 1, 00,000/-
For Self-employed Applicant – Net profit is Rs 60,000 p.a for standard cars and Rs.1, 00,000 p.a. for mid-sized and premium cars.
Documents Required for Car Loan Itawakalan
Identity Proof: Passport, Aadhar Card, PAN card, Voter card
Address Proof: Rental Agreement, Property Purchase Document, Telephone Bill, Electricity Bill, Sale Deed, Ration card, Driving license.
Salaried Applicant – Latest salary slips (at least three months)
Self-employed Applicant – A copy of the recent 2-year Income Tax return and six months Bank statement.
Photographs: Two passport size photos are required.
Fee & Charges for Car Loan Itawakalan
The loan amount less than 20 lacs is Rs 1750/-
And for more than or equal to 20 lacs is Rs 2250/-
For all, Rs 300/-
Stamp Duty Charges: At Actual.
Loan Reschedulement Charges: Rs 1000/-
Why should you choose Dialabank for a car loan?
- Dialabank offers you a car at a lower rate of interest and with minimum documentation.
- Dialabank is an Indian first Financial Helpline where the company provides price comparison with different Banks.
- Dialabank Car Loan is a convenient scheme that allows a person to bring a vehicle at home.
- Dialabank offers car loans up to 100% ex-showroom price of the car, and up to 7 years tenure.
- Apply now on our official website dialabank for instant approval and faster processing of your car loan.
Benefits of a Car Loan Itawakalan
- We offer quick service to the customers.
- Approval of the loan is within 24 hours after the completion of the documentation process.
- The minimum amount of credit is Rs 1 lakh, and the maximum it depends on the price of the car, varies with the car model and the profile of the customer.
- The maximum amount of loan is up to 90-95% of the ex-showroom price of the car.
- Repayment of the loan amount is usually from 1 to 7 years.
- Prepayment is allowed after six months of the disbursement of the loan.
How to apply for Car Loan Itawakalan?
- Visit dialabank website.
- Go to the loan section and select auto loan followed by car loan link.
- The applicant will be directed to all the details of the car loan where they can choose their preferred city.
Itawakalan is a city of region Indore located in the district Ratlam of Madhya Pradesh state, India. It is very beneficial for an individual to take Loan from Dialabank, all you have to do is to visit dialabank website.
Leading Car Loan Providers
Table of Contents
- 1 All About Car Loan Itawakalan
- 2 Why should one choose Car Loan Itawakalan?
- 3 Car Loan Itawakalan Interest Rates
- 4 Eligibility Criteria for Car Loan Itawakalan
- 5 Documents Required for Car Loan Itawakalan
- 6 Fee & Charges for Car Loan Itawakalan
- 7 Why should you choose Dialabank for a car loan?
- 8 Benefits of a Car Loan Itawakalan
- 9 How to apply for Car Loan Itawakalan?
- 10 About Itawakalan