Car Loan Jalna

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Rates as low as 8.50%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
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Best Banks for Car Loan in Jalna

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate
8% - 8.4 %
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
Upto 90% on Ex- showroom

Car Loan Jalna Features

Car Loan JalnaA 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. 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 Rate

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
ICICI 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
1%
Nil
Andhra Bank Car Loan
Nil
Nil

 

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

Car Loan Jalna Documents Required

  1. Passport copy, PAN Card, Voters ID card or any other form of identity proof
  2. Latest 3-month salary slip with form 16 and ITR filing proofs required
  3. Permanent address proof to be submitted.
  4. 6 months of bank statements.

Car Loan Jalna Eligibility Criteria

The car loan eligibility differs slightly for a salaried individual and for a self-employed one.

Salaried Individuals:

  1. The age should be a minimum of 21years.
  2. He/she should not be more than 60 years to avail a car loan.
  3. A CIBIL score of 750 and above is a must.
  4. He/she should have been working for a minimum of 1 year in current employment and a previous minimum of 2 years of employment
  5. He/she should be earning a minimum of Rs 100000 per year

Self-employed Individuals:

  1. The age should be between 30-65 years to avail a car loan.
  2. A CIBIL of 750 and above is required.
  3. At least 3 years of working business.
  4. A minimum of Rs. 60000 p.a net profits for standard cars and Rs.100000 p.a. for mid-sized and premium cars

How to Apply for Car Loan in Jalna?

There are mainly two ways in which you can apply for a car loan in Jalna:

  • Online process: This process is the simplest of the two. Just visit our website dialabank.com and fill in a simple form related to your personal name, address details. The details like income, car type for which you want to avail a car loan is necessary for our customer relationship managers so that they can assist you in a better way.
  • Offline process: This process can be hectic and troublesome as you may be required to make frequent visits to your Bank to finally get the loan approved. For this, you will have to search for a car loan financed online near you and visit them to know about the loan process.

Processing Fees & Prepayment Charges on Car Loan Jalna

Category
Details
Processing Charges
1999 - 4999 + Tax
Prepayment 
No prepayment is allowed until 12 EMIs are paid
Preclosure
No foreclosure is allowed until 12 EMIs are paid
Prepayment Charges
13-24 months: 2% of loan principal outstanding
>36 months: Nil Charges
Stamp Duty
As per state laws
Cheque Bounce Chgs
₹ 550/chq +  GST
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
2% p.m.(on overdue amount)
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

About Jalna

Jalna is a place or city in Jalna district in the Aurangabad Division, or Marathwada region, of the Indian state of Maharashtra. It was also a part of Hyderabad State as a tehsil of Aurangabad district before Jalna district was formed effective

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