Car Loan Kedarkheda

Best Banks for Car Loan in Kedarkheda

Car Loan Kedarkheda 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

Do you wish you had your car? Don’t be concerned. Dialabank assists customers in comparing, analysing, and selecting the finest vehicle loan deals available. A car loan is a form of financial assistance provided by banks and non-bank financial institutions (NBFCs) to help you realise your ambition of owning a car. A car loan is a secured loan that uses your vehicle as security. The loan amount may be granted following a credit check; to get the most outstanding loan deal, you must have a strong CIBIL score. In addition, EMIs can be used to pay off the automobile.

Car Loan Kedarkheda

Car Loan Kedarkheda 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 Kedarkheda EMI Calculator

Car Loan Kedarkheda 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 Kedarkheda Fees and Charges: Leading Banks – Jun 04 2023

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

Car Loan Kedarkheda 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.

How to Get the Best Car Loan Interest Rates in Kedarkheda

In Kedarkheda, several lenders provide various auto loan plans, and while the interest rates vary, all of the programmes are affordable given the benefits they provide. To receive a car loan with the lowest interest rate in Kedarkheda, follow the procedures below:-

Choose a shorter repayment term – Many loan applicants believe that more extended repayment periods will allow them to pay off the loan in smaller instalments. Still, they are unaware that lenders consider longer repayment terms to signify a borrower’s poor repayment potential and therefore charge them higher interest rates. Consider decreasing your payback time if you want to save money on your auto loan.
Research and compare the perks offered by different lenders – If a borrower wants a better bargain on an auto loan, he must first research and compare several lenders and read about the plans they offer.
Maintain a modest debt-to-income ratio – The debt-to-income ratio determines how much of an applicant’s income is used to pay back loans. If the ratio is low, the borrower is not already in debt and can bear the loan’s burden.
Maintain a good credit score — Lenders consider a credit score above 750 to be healthy, and if your credit score is high enough, they will gladly provide you with a loan at a lower rate.

How to Apply for a Car Loan in Kedarkheda?

Visit Dialabank.
Go to the Dialabank website and look for the car loan area.
You’ll be sent to a form where you must complete all of the needed fields.
As soon as our representatives receive your inquiry, they will contact you.
You can also contact us at 9878981166.

Which Bank in Kedarkheda Offers the Best Car Loans?

Many large and reputed lenders, including HDFC, Private and SBI, provide vehicle loans in Kedarkheda. The best lenders are those who can provide you with the required loan amount at the lowest interest rate and disburse funds as quickly as possible. You can call Dialabank representatives to get the best deals on car loans in your vicinity.

Car Loan for Major Car Manufacturers in Kedarkheda

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Kedarkheda

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 Kedarkheda

CIBIL score is an essential factor that plays a significant role in the approval of a loan. It also provides a clear picture of the borrower’s credit history and any outstanding dues standing against them. In addition, the borrower’s credit history is necessary to disburse or approve the loan amount. Generally, a CIBIL score of 750 or above is considered appropriate by most lenders.

Car Loan Kedarkheda Contact Number

Apply for a car loan Kedarkheda online with Dialabank and get the best deals.

Roval and other perks, or you can leave a voicemail at 9878981166.

Our customer service representative will guide and support you in resolving your issues.

Pre Calculated EMI Table for Car Loan Kedarkheda

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 Kedarkheda

Kedarkheda is a village panchayat in the Maharashtra state of India, in the Jalna district. The geocoordinates of the Kedarkheda are latitude 20.1477371 and longitude 75.8185494. Kedarkheda village’s state capital is Mumbai. It is approximately 340.8 kilometres from Kedarkheda. Daman is the next closest state capital to Kedarkheda, at a distance of 313.2 kilometres.

Car Loan Banks in Kedarkheda

Bank	Bank Address	IFSC
HDFC BANK	KULSWAMINI NIWAS , AT KEDARKHEDA, POST AND TAL – BOKARDHARAN, JALNA MAHARASHTRA 431114	HDFC0003523

FAQ’s About Kedarkheda Car Loan

✅ What are my options for obtaining a low-interest vehicle loan?

If you have a strong credit score and a steady income, you can get a low interest rate on a car loan quickly. People with an excellent credit history with their banks may also be eligible for a loan with lower interest rates.

✅ What is the minimum age to apply for a vehicle loan?

In most cases, the upper age restriction is set between the ages of 60 and 70. It varies, however, from one lender to the next. As a result, it is recommended that you pay off your debt before reaching the age of 65.

✅ Is it feasible to pay off a portion of my car loan in advance?

Partially prepaying a loan is an option offered by only a few lenders. However, you do have the choice of selecting a lender that provides this service.