Car Loan Kathua

Car Loan Kathua

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.

Best Banks for Car Loan in Kathua

Feature	HDFC Bank	Private 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 Kathua Features

Thinking of purchasing your own car? A car loan is there for you. Funding or financial help provided by banks and NBFCs to the applicants at an affordable rate of interest can help you buy the vehicle.

Nowadays, personal vehicles have become a necessity. We at Dialabank have come up with a convenient way for you to get a car loan, with various exciting offers such as:

Car loans are available at low-interest rates, which may vary from bank to bank so make sure you compare and choose wisely.
Almost all major banks and NBFCs offer car loans in Kathua
The documentation process is quick and hassle-free
Dialabank makes sure that the customers get the best facilities and fulfil their dreams.

Car Loan Kathua Interest Rates

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
Private 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

Apply for a Car Loan

Car Loan Kathua Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
Income Proof: Latest 3-month salary slip with form 16
Residence 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 Individuals:

Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
Income Proof: Latest ITR
Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
Bank Statement: Last 6 months.

Car Loan Kathua Eligibility Criteria

The car loan eligibility requirements are as followed in Kathua:

For Salaried Applicants

Minimum age: 21 years
Maximum age at loan maturity: 65 years
Minimum employment: 1 year in current employment and a minimum of 2 years of employment
Minimum Annual Income: Rs.100000 net annual income

For Self-Employed Applicants

Minimum age: 21 years
Maximum age at loan maturity: 65 years
Minimum employment: At least 3 years in business
Minimum Annual Income: Net profit Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Kathua

TABLE WILL APPEAR Apply for a Car Loan

Processing Fees / Prepayment Charges on Car Loan Kathua

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
Prepayment Charges	>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 Kathua

As per the current scenario, consumers turn to credit cards and loans to help them achieve their dreams and financial goals. A CIBIL score is one of the important factors which helps you in availing the required access to credit and is considered as a consumer’s credit score. This is a three-digit numeric reflecting a consumer’s credit history and credit profile.

The Score is based on details found in the ‘Accounts’ and ‘Enquiries’ of the previous loans, including payment statuses, outstanding amounts and days past the due date. The closer a CIBIL Score is to 750, the higher are the chances of the consumer’s loan application getting approved. This is based on past credit behaviour, such as borrowing and repayment criteria as shared by banks and lenders with CIBIL score.

Car Loan Kathua Agent Contact Number

In case if you have queries regarding the car loan in Kathua, you may reach us at Dialabank or 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Car Loan Kathua

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 Kathua

About Kathua

Kathua is situated along the banks of a Khad River in the Indian Union Territory of Jammu and Kashmir. The beautiful river has now been heavily polluted and encroached over years and this has turned to a drain of sewage, dividing it into two boroughs: Parliwand, meaning the other side; and Orliwand, meaning this side. The area is surrounded in the North by snow-capped Sivalik hills and is the gateway to Jammu and Kashmir. The total population of the area is 59,688 with 31,717 males and 28,149 females, whereas, sex ratio stands at 888 women per 1000 men with 12,061 households in the town.