Best Banks for Car Loan in Jalna
Car Loan Jalna Features
A car loan is the best form of financial help and assistance provided by banks and NBFC’s to fulfil your dream of having your own car. They provide the required funding for purchasing a car, whether a new one or used, which can be on Ex-Showroom Price or On-Road Price of the car. A car Loan is a secured form of a loan with easy repayment options in the form of instalments. Availing a car loan is easy provided you have the required necessary documents and you fulfil the required eligibility criteria.
Usually, banks offer you a loan on the Ex-showroom price of the car but in case you want a loan of the On-road price it will require certain requirements to be fulfilled. We offer you the best deals available across several banks and NBFCs so that you can choose the right one for yourself.
The features of a car loan in Jalna are:
- Easy and Minimum documentation
- Lowest interest rates available
- Fast disbursal
- Secured in nature
- Instant approval of loan application on applying with DialaBank
Car Loan Jalna Interest Rates
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 Jalna Documents Required
The essential documents required to get a car loan approved in Jalna are as follows:
For Salaried Individuals
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest 3-month salary slip with form 16
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
For Self Employed
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: Latest ITR reports.
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Jalna Eligibility Criteria
The car loan eligibility differs slightly for a salaried individual and for a self-employed one.
Salaried Individuals:
- The age should be a minimum of 21years.
- He/she should not be more than 60 years to avail a car loan.
- A CIBIL score of 750 and above is a must.
- He/she should have been working for a minimum of 1 year in current employment and a previous minimum of 2 years of employment
- He/she should be earning a minimum of Rs 100000 per year
Self-employed Individuals:
- The age should be between 30-65 years to avail a car loan.
- A CIBIL of 750 and above is required.
- At least 3 years of working business.
- A minimum of Rs. 60000 p.a net profits for standard cars and Rs.100000 p.a. for mid-sized and premium cars.
Car Loan for Major Car Manufacturers in Jalna
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan Jalna
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 Jalna
CIBIL score is one of the numeric values provided to ascertain the credibility of the applicants, and have clear idea about the creditworthiness and financial soundness of the applicant. Normally Banks consider &%0 or above credit score as best for loan approval.
Any person with default in repayments of the loan may be considered as defaulted or the chance of getting instant approval is very less for them. The credit score must be good and valid as per bank eligibility criteria. So make sure you have applied with an acceptable CIBIL score, otherwise, improve your CIBIL score by clearing all outstanding dues.
Car Loan Jalna Contact Number
For any queries related to a car loan in Jalna kindly contact on the number 9878981166.
Pre Calculated EMI Table for Car Loan Jalna
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
Car Loan EMI Calculator
Online Car Loan EMI Calculator
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