Best Banks for Car Loan in Kekri
Car Loan Kekri 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
Everyone loves their family and wants to protect them at all costs, so why put their life in danger by riding a scooter or motorcycle? Car loans are typically provided by banks and non-bank financial institutions (NBFIs) to assist you in realising your ambition of buying a car. A secured car loan comes with a variety of repayment choices. Borrowers can repay the loan in manageable EMIs.
Car Loan Kekri Eligibility Criteria
Salaried Individual
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
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)
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
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 Kekri EMI Calculator
Car Loan Kekri Fees & Charges
7.35% per annum
Charges
New Car Loan
Used Car Loan
Interest Rate
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 Kekri Fees and Charges: Leading Banks – Jun 10 2023
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
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 Kekri Documents Required
Salaried Individual
Category
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)
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
Bankers Verification
Passport
Income Proof
Bank Statement
Employment Continuity Proof
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment
Self-Employed Individuals
Category
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)
Bankers Verification
Passport
Bank Statement
Employment Continuity Proof
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Self-Employed Non-Individuals:
1. Partnership Firms/Societies
Category
Identity Proof (Any 1)
Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Aadhar Card
Driving License
Voter ID
Income Proof
P&L Account
ITR for the previous 2 years
Bank Statement
Last 6 month
Business Continuity Proof
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
2. Private Limited/Limited Companies
Category
Identity Proof
Copy of Incorporation
Address Proof (Any 1)
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
P&L Account and ITR for the previous 2 years
Bank Statement
Previous 6 Months
Business Continuity Proof
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.
How to Get the Best Car Loan Interest Rates in Kekri
- Choose a minor repayment term – When opposed to more extended plans, shorter payback terms frequently have lower interest rates. Therefore borrowers who wish to save money should choose short-term programmes.
- Research and compare the perks offered by different lenders – Borrowers must first investigate and evaluate the perks offered by various lenders to receive a decent deal on a car loan. This can assist consumers in determining which lenders offer the lowest interest rates and, as a result, which lender to select.
- Maintain a modest debt-to-income ratio – The debt-to-income ratio determines how much of a borrower’s income goes toward loan repayment, which lenders consider when setting interest rates. Borrowers with a lower debt-to-income ratio have a greater chance of receiving a car loan with a lower interest rate.
- Maintain a good credit score — If you have a good credit score, lenders would gladly offer you a car loan with lower interest rates. Lenders prefer applications with a credit score of at least 750 points.
How to Apply for a Car Loan in Kekri?
Applying for a car loan in Kekri with Dialabank is a pretty straightforward process.
- Visit Dialabank’s official website.
- On the webpage, select the car loan option.
- Fill out the form’s mandatory information.
- Our finance experts will contact you as soon as possible.
- For any other queries, you can contact us at 9878981166.
Which Bank in Kekri Offers the Best Car Loans?
In Kekri, lenders such as HDFC, Private, and SBI offer various vehicle loan schemes. The most excellent lender for you is one that can supply you with the loan amount you require at the lowest possible interest rate while also delivering the funds as quickly as possible. Therefore, before applying for a vehicle loan that matches your specific set of demands, it’s usually a good idea to compare vehicle loans from various lenders.
Car Loan for Major Car Manufacturers in Kekri
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan Kekri
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan in Kekri
Your CIBIL score represents your creditworthiness and aids banks in determining whether or not to approve or reject your loan application. In addition, with the help of your credit score, they can obtain a glimpse into your debt payback patterns. Lenders frequently prefer borrowers with a CIBIL score of 750 to 900.
Car Loan Kekri Contact Number
For more information regarding the car loan in Kekri, you can contact us on 9878981166.
Pre Calculated EMI Table for Car Loan Kekri
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 Kekri
Kekri is a town in Rajasthan’s Ajmer district. It’s around 140 kilometres (87 miles) from Jaipur, the state capital. Ajmer (80 km), Jaipur (130 km), Kota (140 km), Bhilwara (100 km), Deoli (46 km), and Tonk are all within driving distance of Kekri. Pranheda, with its famed temple Pranheda Balaji, is close by.
Car Loan Banks in Kekri
Bank | Bank Address | IFSC |
BANK OF BARODA | KEKRI, AJMER, RAJASTHAN 305404 | BARB0KEKRIX |
CORPORATION BANK | DODIA SADAN, GROUND FLOOR, OPP JAIN PETROL PUMP, AJMER ROAD, KEKRI, AJMER 305405 RAJASTHAN | CORP0001666 |
HDFC BANK | HDFC BANK LTD JUNIA GATE, KEKRI DIST-AJMER | HDFC0002366 |
STATE BANK OF INDIA | DIST AJMER, RAJASTHAN 305404 | SBIN0003628 |
STATE BANK OF INDIA | JUNEA GATE, KEKRI, AJMER DISTRICT, RAJASTHAN305404 | SBIN0013944 |
STATE BANK OF INDIA | DISTT AJMER 305404 | SBIN0031108 |
UCO BANK | HOTEL AMIT, MAIN AJMER ROADRAJASTHAN 305404 | UCBA0002456 |
AXIS BANK | GR FLR, PLOT NO.6, 7 8, WARD NO.1, JOSHI COLONY, AJMER ROAD, KEKRI, RAJASTHAN 305404 | UTIB0003727 |
FAQ’s About Kekri Car Loan
✅ Is it possible to negotiate the interest rate on a car loan?
The interest rate on a car loan can be negotiated based on your FICO score, credit history, and previous relationships with the lender.
✅ What are the most common vehicle loan terms?
Depending on the loan amount and the client’s repayment capacity, most banks provide loan terms ranging from a year to seven years.
✅ Is it necessary to have a guarantor for a car loan?
A guarantor is only necessary if you fail to meet at least one of the Bank or NBFC’s qualification criteria.