Car Loan Keshrisinghpur

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 7.05%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Car Loan Keshrisinghpur

Best Banks for Car Loan in Keshrisinghpur


car loan

Car Loan Keshrisinghpur 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

Every one of us aspires to acquire a car of our own. However, the cost of the vehicle of our dreams stops us from getting it. A car loan is a lifesaver for people who wish to achieve their dream of having a car. It’s a no-hassle loan with instant funds and a straightforward application process.

Car Loan Keshrisinghpur


car loan

Car Loan Keshrisinghpur 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

Car Loan Keshrisinghpur EMI Calculator

Car Loan Ahewada 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

Car Loan Keshrisinghpur Fees and Charges: Leading Banks – May 27 2022

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 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

Car Loan Keshrisinghpur 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.


car loan

How to Get the Best Car Loan Interest Rates in Keshrisinghpur

Various lenders in Keshrisinghpur offer auto loans at different interest rates, but they are all sensible and competitive. Follow the procedures below if you wish to secure a car loan in Keshrisinghpur with a reduced interest rate:

  • Choose a shorter repayment term -Many borrowers believe that extending their repayment duration will allow them to pay off a large loan in smaller instalments. Still, they are unaware that lenders view longer repayment terms as an indication of weak repayment ability and hence charge higher interest rates. If you want to save money on your car loan, consider a shorter payment period.
  • Research and compare the perks offered by different lenders – To get a decent deal on a car loan, you must first explore and assess the bonuses given by various lenders. This can help you figure out which lenders have the best interest rates and, as a result, which you should choose for your loan.
  • Maintain a modest debt-to-income ratio – The debt-to-income ratio defines how much of a borrower’s income is utilised to repay a loan; it’s a factor many lenders consider when setting interest rates. If your debt-to-income ratio is low, you have a better chance of getting a car loan with a lower interest rate.
  • Maintain a good credit score — Lenders can provide you with a car loan with reduced interest rates if you have a good credit score. A credit score of 750 or more is considered healthy by lenders in Keshrisinghpur.

How to Apply for a Car Loan in Keshrisinghpur?

Dialabank makes obtaining a car loan Keshrisinghpur is simple. To take advantage of the best deals, follow these steps:

  • Visit the Dialabank website.
  • Select the auto loan option from the drop-down menu on the webpage.
  • Fill the form.
  • At the phone number you provided, one of our relationship managers will contact you as soon as possible.
  • You may also contact our relationship managers on 9878981166 in case of any queries regarding the loan.
  • For availing of a car loan offline, you will have to visit the branch personally, which might turn to be quite a hectic process for you.


car loan

Which Bank in Keshrisinghpur Offers the Best Car Loans?

Large institutions such as HDFC, ICICI, and SBI offer automobile loans in Keshrisinghpur. A suitable lender will be able to provide you with the loan amount you need at the lowest possible interest rate and disburse the funds as soon as possible. A borrower should continually evaluate vehicles before applying for a vehicle loan that meets all of his criteria, such as interest rates.

Car Loan for Major Car Manufacturers in Keshrisinghpur

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Keshrisinghpur

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


car loan

CIBIL Score Required for Car Loan in Keshrisinghpur

Your CIBIL score determines your ability to repay your debts. If you have a strong credit score, your automobile loan application will be straightforward to complete. When it comes to approving your loan application, most respectable lenders in Keshrisinghpur consider a credit score of 750 or above to be a good score.


car loan

Car Loan Keshrisinghpur Contact Number

In case of any queries regarding the car loan Keshrisinghpur, you may contact on the number 9878981166 for any assistance.


car loan

Pre Calculated EMI Table for Car Loan Keshrisinghpur

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

About Keshrisinghpur

Kesrisinghpur is a town and municipality in the Ganganagar district of Rajasthan, India.


car loan

Car Loan Banks in Keshrisinghpur

Bank Bank Address IFSC
PUNJAB AND SIND BANK SHREE BASAV NILAYA GR.FLOOR PLOT NO 152 PSIB0021295

FAQ’s About Keshrisinghpur Car Loan

✅ What kind of vehicles is eligible for a Car Loan?

A car loan Keshrisinghpur can be used to acquire a wide range of passenger vehicles, including SUVs, MUVs, and other models. 

✅ Is having a guarantor for a car loan required?

To secure a car loan, most lenders do not demand a guarantor. However, suppose your income falls below the statutory minimum. In that case, lenders may want you to offer a guarantee or co-applicant to demonstrate that you will be able to repay the loan.

✅ Where can I find a calculator to calculate the interest on a vehicle loan?

On Dialabank’s or the lending bank’s website, you can use the EMI calculator.