Car Loan Janial

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Buy your dream Car

Rates as low as 7.05%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Car Loan Janial

Best Banks for Car Loan in Janial


car loan

Car Loan Janial Features

Loan Approval in 30 Minutes
Lowest Rate of Interest
Up to 100% on Road Loan
Minimum Documentation
Paperless Process
Flexible Repayment
Zero Foreclosure
24 x 7 Online Payment Facility
No Hidden Charges

Car Loan Janial

Are you tired of riding a two-wheeler and want to upgrade to a four-wheeler? But you don’t have time to go to multiple banks and examine interest rates, documents, and other factors. We will give you all the necessary information promptly and will answer any of your questions. So apply with Dialabank and benefit from the best services available.

Car Loan Janial


car loan

Car Loan Janial Eligibility Criteria

Salaried Individual
Age – 21 years to 60 years
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
Age – 21-65 years of age
Minimum ITR – Rs.2 lakh
Employment Duration – Minimum 3 years
Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
Minimum ITR – Rs. 2 lakh
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
At least 6-month vintage
Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh
Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarters


car loan

Car Loan Janial EMI Calculator

Car Loan Janial Fees & Charges

Charges New Car Loan Used Car Loan
Interest Rate

7.35% per annum

11.80% p.a. to 13.80% p.a.
Car loan Processing fees 0.5% 0.5%
Issuance of Duplicate Repayment Schedule Charges Around Rs.500 Around Rs.500
Foreclosure Charges 0.06 0.06
Penal Interest 2% PM 2% PM
Car loan Part Payment charges 6% of the amount 6% of the amount
Cheque/Instrument Swap Charge Around Rs.500 Around Rs.500
Documentation Charge Around Rs. 500 Around Rs. 500
Issuance of Duplicate No Dues Certificate Charges Around Rs. 500 Around Rs. 500
Registration Certification Collection Charge Around Rs. 200 Around Rs. 200
Cheque Bounce/Instrument Return Charges Around Rs. 500 Around Rs. 500
Issuance of Duplicate Statement Charges Around Rs. 500 Around Rs. 500
Loan Cancellation/Re-booking Charges Around Rs. 1000 Around Rs. 1000
Issuance of Credit Report Around Rs. 50 Around Rs. 50


car loan

Car Loan Janial Fees and Charges: Leading Banks – May 26 2022

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 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

Car Loan Janial Documents Required

Salaried Individual

Category
Documents Required
Identity Proof (Any 1) Passport
Voter ID
Aadhar Card
Driving License
Address Proof (Any 1) Aadhar Card
PAN
Driving License
Electricity Bill
Date of Birth Proof(Any 1)
Passport
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
PAN
Bankers Verification
Passport
Income Proof
Salary Slip and latest Form No.16
Bank Statement
Last 6 month Bank statement
Employment Continuity Proof
Job card by NREGA
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment

 

Self-Employed Individuals

Category
Documents Required
Identity Proof (Any 1) PAN Card
Passport
Voter ID
Aadhar Card
Address Proof (Any 1) PAN Card
Voter ID
Passport
Electricity Bill
Date of Birth Proof (Any 1) Birth Certificate
Passport
Driving Licence
PAN
Signature Proof (Any 1)
PAN
Bankers Verification
Passport
Bank Statement
Bank statement of last 6 months
Employment Continuity Proof
Latest ITRs
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Registration Certificate
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate

 

Self-Employed Non-Individuals:

1. Partnership Firms/Societies

Category
Documents Required
Identity Proof (Any 1) Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Electricity Bill/Telephone Bill
Aadhar Card
Driving License
Voter ID
Income Proof
Audited Balance Sheet
P&L Account
ITR for the previous 2 years
Bank Statement Last 6 month
Business Continuity Proof
Company ITR of the last 2 years
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
Letter of Authority or PAN Card

 

2. Private Limited/Limited Companies

Category
Documents Required
Identity Proof
The latest copy of MOA and AOA
Copy of Incorporation
Address Proof (Any 1)
SSI/MSME Registration Certificate
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
Audited Balance Sheet
P&L Account and ITR for the previous 2 years
Bank Statement Previous 6 Months
Business Continuity Proof
P&L account and
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
List of Shareholding partners and Directors
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.


car loan

How to Get the Best Car Loan Interest Rates in Janial

  • Because the monthly EMI (equal monthly instalment) is cheap, many vehicle loan applicants mistakenly believe that longer repayment terms are better. They are unaware that lenders view longer payback terms as a sign of a borrower’s poor repayment ability, and as a result, they are charged comparably higher interest rates.
  • A wise borrower will first investigate and compare the perks provided by various lenders. This can assist the borrower in determining which lenders offer the most significant interest rates and, as a result, which lender to select.
  • A borrower’s debt-to-income ratio determines how much of his income goes toward repaying a previous loan, and lenders consider this when establishing interest rates. If your debt-to-income ratio is lower, you have a higher chance of securing a car loan with a lower interest rate.
  • If you wish to qualify for a loan with many banks and NBFCs, you’ll need a credit score of at least 750. Although some lenders will grant bad credit borrowers auto loans, they will charge a higher interest rate.

How to Apply for a Car Loan in Janial?

  • Visit the Dialabank website.
  • On the webpage, select the car loan option.
  • Fill in the blanks with your information.
  • Our relationship manager will contact you as soon as possible at the phone number you provided.
  • You can also contact us at 9878981166 in case of any queries regarding your loans.


car loan

Which Bank in Janial Offers the Best Car Loans?

Vehicle loans are available in Janial from most significant banks, including but not limited to HDFC, ICICI, and SBI. So naturally, the best lender for you is one that can give you the loan amount you require at a reduced interest rate and transfer the funds as promptly as feasible. Therefore, it’s always a good idea to shop around for vehicle loans from various lenders before settling on one that fulfils all of your requirements.

Car Loan for Major Car Manufacturers in Janial

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Janial

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


car loan

CIBIL Score Required for Car Loan in Janial

Your CIBIL score indicates your ability to repay your debts on schedule. In addition, a high credit score means that you have a strong credit history, which makes it easier to process your vehicle loan application. In Alas, most lenders consider a credit score of 750 or more to be adequate to approve your loan application.


car loan

Car Loan Janial Contact Number

In case of any queries regarding the car loan in Janial, you may contact on the number 9878981166 for any assistance.


car loan

Pre Calculated EMI Table for Car Loan Janial

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

About Janial

Janial is a village in the Bamial Tehsil of Punjab’s Gurdaspur District. It is 36 kilometres north of Gurdaspur, the district headquarters. Bamial is 4 kilometres away. Chandigarh, the state capital, is 255 kilometres away.
The pin code for Janial is 145027, and the postal head office is in Bamial.


car loan

FAQ’s About Janial Car Loan

✅ Is collateral required for a car loan?

A car loan is a secured loan, and the car itself is a collateral asset. Therefore, if the borrower fails to pay the loan, the bank will sell the vehicle.

✅ How long is a car loan suitable for?

An automobile loan usually has a repayment period of one to five years. Some lenders, however, may be willing to extend the term of a loan.

✅ Is it possible to negotiate the interest rate on a car loan?

You can negotiate with banks for a loan with reduced interest rates based on your credit history and credit score.