Car Loan Janjgir Champa

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Car Loan Janjgir Champa

Best Banks for Car Loan in Janjgir Champa

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate (p.a.)
7.35 - 7.95%
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


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Car Loan Janjgir Champa 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 Janjgir Champa

India’s roadways are tricky to navigate; you’ll need a dependable companion for your commute, which is almost always a car. Dialabank can help you receive a car loan at a low rate and help you buy your dream car. Our professionals will assist you in determining the appropriate plan for you and guide you through the application process.

Car Loan Janjgir Champa


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Car Loan Janjgir Champa 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


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Car Loan Janjgir Champa EMI Calculator

Car Loan Janjgir Champa 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


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Car Loan Janjgir Champa charges: Leading Banks – May 28 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 Janjgir Champa 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.


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How to Get the Best Car Loan Interest Rates in Janjgir Champa

To discover the most acceptable vehicle loan with the lowest interest rates in Janjgir Champa, follow the steps below:-

  • Loan seekers frequently mistakenly believe that longer repayment terms are better because they can pay off the loan slowly in small instalments over a more extended period. However, they are unaware that lenders view longer repayment terms as an indication of a borrower’s low repayment capabilities, and they end up paying higher interest rates. So, if a borrower wants to save money on their car loan, they should consider a shorter repayments period.
  • I, a borrower, wants a good deal on a car loan; he must first investigate and compare the perks provided by various lenders.
  • When calculating interest rates, banks and NBFCs frequently consider the borrower’s debt-to-income ratio. The borrower has a higher chance of securing a car loan with a reduced interest rate if low debt-to-income ratio.
  • A reputable lender will gladly provide you with a car loan with lower interest rates if you have a strong credit score. A credit score of 750 or higher is considered healthy by them.

How to Apply for a Car Loan in Janjgir Champa?

  • Visit Dialabank website.
  • Select the nearest location from the loan section.
  • Begin filling out the form and providing the essential information.
  • You will receive a call from one of our professionals within minutes.
  • You can get answers to all of your questions and concerns.


car loan

Which Bank in Janjgir Champa Offers the Best Car Loans?

Car loans are available in Janjgir Champa from reputable lenders, including HDFC, ICICI, and SBI. The most acceptable bank or NBFC for you can give you the loan amount you require at a reasonable interest rate and disburse the funds as quickly as feasible. However, borrowers should evaluate auto loans from various providers before applying for a loan that fulfils all of their requirements.

Car Loan for Major Car Manufacturers in Janjgir Champa

TABLE WILL APPEAR


car loan

Processing Fees & Prepayment Charges on Car Loan Janjgir Champa

Look below the table for the processing Fees and Prepayment charges on a car loan.

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 Janjgir Champa

The lender will know who you are if you apply for a loan! Simply by looking at your credit score. If your credit score is good, you will be approved quickly and receive immediate payment. In addition, your credit score will instantly improve if you repay the loan on time. Most lenders in Janjgir Champa prefer a credit score of 750 or above.


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Car Loan Janjgir Champa Contact Number

For instant help and any more queries, you can call 9878981166.


car loan

Pre Calculated EMI Table for Car Loan Janjgir Champa

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 Janjgir Champa

The district of Janjgir–Champa is located in the Indian state of Chhattisgarh. The city of Maharaja Jajawalya Dev of the Kalachuri dynasty, Janjgir, is the district headquarters of the district Janjgir–Champa.


car loan

FAQ’s About Janjgir Champa Car Loan

✅ What kinds of automobiles am I able to buy with a car loan in Janjgir Champa?

Automobile loans can be used to purchase a wide range of passenger vehicles, including SUVs, sedans, hatchbacks, and other models.

✅ Will my car modifications be financed by the banks as well?

No, banks will only lend money for the car’s base trim level.

✅ What are my choices for repaying my auto loan in Janjgir Champa?

Three choices for repaying your auto loans are Standing Instruction, Electronic Clearing Service, and Post-Dated Cheques.