Car Loan Kelambakkam

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 in Kelambakkam

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 Kelambakkam Features

car loan kelambakkam

Dialabank is here to help you fulfill your dream of owning your personal vehicle without it becoming a burden on your finances. We help you to get car loans for both brand-new and second-hand cars, for both ex-showroom and on-road prices. With us, you can get access to many features of car loans in Kelambakkam 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 Kelambakkam and have tie – ups with Dialabank.
  • The documentation process is quick and hassle-free, and we don’t charge our customers
  • Car loans are easily available through DialaBank. We provide you with the best offers while you’re sitting in the comfort of your houses. Sometimes car loans get approved even on the same day.

Car Loan Kelambakkam 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 Kelambakkam Documents Required

The essential documents required to get a car loan approved in Kelambakkam are as follows:

  1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income ProofFor Salaried– Latest 3-month salary slip with form 16 / For Self Employed- Latest ITR proof
  3. Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months.

Car Loan Kelambakkam Eligibility Criteria

The car loan eligibility requirements are as followed in Kelambakkam:

  1. Minimum age: 21 years for salaried individuals and 30 years in case of a self-employed
  2. Maximum age at loan maturity: 60 and 65 years respectively for salaried and self-employed individuals
  3. Minimum employment: For Salaried- 1 year in current employment and a minimum of 2 years of employment / For Self Employed– at least 3 years in business
  4. Minimum Annual Income: For Salaried Rs 100000 net annual income / For Self- Employed Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars

How to Apply for Car Loan in Kelambakkam?

car loan kelambakkam

Availing a car loan Kelambakkam is an easy process with DialaBank. All you have to do is visit our website and follow some steps:

  • Click on the car loan option available on our homepage. You will be directed to a section wherein you will have to fill some personal and professional details.
  • After some time, our relationship manager will give you a call on your number and guide you on choosing the best loan for you.
  • Just make sure you keep your documents in order so that the process can be smooth.

For availing a car loan offline you will have to visit all the banks and NBFCs personally, and still might not be able to get the best offer. So visit www.dialabank.com today!

Processing Fees & Prepayment Charges on Car Loan Kelambakkam

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

Get a car loan from AXIS bank

Get a car loan from SBI

CIBIL Score Required for Car Loan in Kelambakkam

The CIBIL score is referred to as what defines your ability to pay off your credits and is based on your repayment history. A higher Credit score means good credit history and makes your car loan application process smooth while charging you a lower interest rate, and vice versa.

Most banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Kelambakkam. This score may again vary from bank to bank. If you have never applied for a loan before, you can show some rented utilities under your name so that the banks know that you are regular in your payment.

Make sure you avail a loan that you will be able to pay, because failing to pay EMIs will affect your credit score negatively.

Car Loan Kelambakkam Contact Number

In case of any queries regarding a car loan in Kelambakkam, you may contact us on the number 9878981166, or visit the nearby Dialabank branch.

Pre Calculated EMI Table for Car Loan Kelambakkam

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 Kelambakkam

Kelambakkam is a suburban neighbourhood of Delhi, Tamil Nadu. Top sites here include the Covelong beach, Nithya Kalyana Perumal Temple, the Muttukadu backwaters etc. Its population is around 35000.

Car Loan EMI Calculator

Get a car loan from HDFC bank

Get a car loan from Kotak Mahindra bank

Share This

Menu