Car Loan Jharsuguda

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 8.50%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Best Banks for Car Loan Jharsuguda

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 Navi Jharsuguda Features

jharsugudaWho doesn’t want to own a car? In today’s fast-moving world, an automobile has become a necessity. But not everyone can afford the heavy price for these cars. This is where car loan comes into play. A Car Loan is a secured loan with easy repayment options available through various banks and NBFCs.

The loan amount is offered in exchange of Interest charges on the principal amount which vary from one lender to another respectively. Whether purchasing a new car or a used one, you may avail a car loan for any car in the city.  The car loan requirements vary depending upon certain factors like your income. So if you are thinking of purchasing your dream car in Jharsuguda, get an instant Car loan with DialaBank at affordable rate of interest.

Car Loan Jharsuguda 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 Jharsuguda Documents Required

  1. Any Identity Proof: Passport, PAN Card, Voters ID card, Aadhar Card, etc.
  2. Income Proof For Salaried Individuals– Latest 3-month salary slip with form 16 / For Self Employed- Latest ITR filing proof
  3. Any one Address Proof: any one of Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statements for the last 6 months.
  5. ITR must have been filed of the previous 2 years for self-employed applicants.

Car Loan Jharsuguda Eligibility Criteria

Car loan eligibility criteria differ for the salaried and self-employed in the following manner:

  1. Minimum age: 21 years (salaried individuals) and 30 years (self-employed) required
  2. Maximum age at loan maturity: 60 years (salaried) and 65 (self-employed) of the applicants
  3. Minimum employment: 1 year in the current job and a minimum total of 2 years of employment (salaried), at least 3 years in business (self-employed)
  4. Minimum Annual Income: Rs 100000 minimum annual income (self-employed), net profits of a minimum of Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars (salaried).

How to Apply for Car Loan in Jharsuguda?

Applying for a car loan in Jharsuguda is easy with DialaBank. Just visit our website at dialabank.com and follow the following simple steps:

  • Click of the car loan option from the options available in the menu.
  • Fill in the required details in the form as required, like name, income etc. to help us assist better.
  • Submit the form.
  • You will be contacted by our car loan Relationship manager of Jharsuguda who will guide you through the further process.

You can also avail of a car loan offline by visiting the nearest branch of banks offering car loans in your city. But that would have a drawback of limiting your option to only a single offer of a particular bank. It would also require you to make multiple request visits to the banks or NBFCs for various purposes to get your loan approved. Thus, when you think of a car loan in Jharsuguda DialaBank is your best option available.

Processing Fees & Prepayment Charges on Car Loan Jharsuguda

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 Jharsuguda

CIBIL score is a numeric value that dictates your creditworthiness of the past loans taken. So, it is an important factor to keep in mind while availing a car loan in Jharsuguda. The CIBIL score required for car loans in the city may vary from one lender to another due to the presence of a huge number of lenders nowadays all around the country. Most banks prefer a CIBIL score of 750 and above to process your car loan application easily without charging highly for it. In case of low CIBIL score, to get your loan sanctioned you might be required to pay a heavy interest rate on the loan amount.

Car Loan Jharsuguda Contact Number

For any queries regarding the car loan in Jharsuguda, you may contact on the number 9878981166.

Pre Calculated EMI Table for Car Loan Jharsuguda

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 Jharsuguda

Jharsuguda is a city and district headquarter of Jharsuguda district of Odisha, India. It is an industrial hub, consisting mainly of metallurgical industries.

Car Loan EMI Calculator

Share This

Menu