Car Loan Kewalpur

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 Kewalpur

Best Banks for Car Loan in Kewalpur


car loan

Car Loan Kewalpur 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

India’s streets are tricky to navigate, so you’ll need a dependable vehicle for your commute. However, if you don’t have the cash to buy a car right away, you may get a car loan from various banks and lending institutions at meagre interest rates nowadays. Dialabank can assist you in sorting through a sea of banks and offers to find the best loan for you.

Car Loan Kewalpur


car loan

Car Loan Kewalpur 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 Kewalpur EMI Calculator

Car Loan Kewalpur 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 Kewalpur 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 Kewalpur 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 Kewalpur

When it comes to vehicle loans, lenders in Kewalpur provide various programmes with varied interest rates, but all of them are comparably affordable. Follow the steps below to acquire the best car loans in Kewalpur at the lowest interest rates:

  • Choose a short repayment tenure – Many vehicle loan applicants in Kewalpur assume that longer payback terms are preferable because their EMIs are low. They don’t appear to realise that consumers who have lengthier repayment schedules pay more excellent interest rates to lenders in Kewalpur. A shorter repayment period might be considered if the borrower in Kewalpur wants to save money on their automobile loan.
  • Research and compare different lenders – You must first evaluate the programmes given by several banks in Kewalpur if you want to receive a good bargain on your auto loan. Dialabank can assist you in this regard; our specialists can assist you in determining which bank in Kewalpur gives the best interest rates.
  • Maintain an acceptable debt-to-income ratio – An individual’s debt-to-income ratio is used to determine how much of the borrower’s income goes toward repaying an existing loan. Borrowers with a low debt-to-income ratio have a better chance of getting a loan granted.
  • Maintain a good credit score — A credit score of 750 or more is considered healthy by banks and NBFCs in Kewalpur. You can use Dialabank’s “Free Credit Score” service to check your credit scores regularly to ensure you have a decent credit score when applying for a vehicle loan in Kewalpur. If you have a low credit score, you can take steps to improve it before applying for a loan in Kewalpur.

How to Apply for a Car Loan in Kewalpur?

Apply for a car loan in Kewalpur it is a pretty straightforward process when Dialabank is by your side.

  • Dialabank’s official website can be found here.
  • Select the car loan option from the website’s menu. Fill out the required fields for your vehicle type and income.
  • Please wait for our relationship manager to call you at the number you gave right away.
  • You can also get in our touch at 9878981166.


car loan

Which Bank in Kewalpur Offers the Best Car Loans?

Vehicle loans are available from various lenders in Kewalpur, including SBiI, HDFC, and Muthoot. The most outstanding lender for you is one that can offer you the loan amount you require at a fair interest rate and can distribute funds as quickly as possible. Therefore, before applying for a vehicle loan that fulfils all of his criteria, the borrower should constantly evaluate vehicle loans from multiple lenders.

Car Loan for Major Car Manufacturers in Kewalpur

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Kewalpur

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 Kewalpur

A bank will verify your CIBIL score before processing your loan application. You can also check your CIBIL score on the CIBIL website to learn how to improve your CIBIL score, save money on loan rates, and possibly receive a better offer from the banks. A respectable CIBIL score is usually between 750 and 900.


car loan

Car Loan Kewalpur Contact Number

To get a car loan Kewalpur easily from Dialabank representatives call 9878981166.


car loan

Pre Calculated EMI Table for Car Loan Kewalpur

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 Kewalpur

Kewalpur is a village in the Gaisri Block of Uttar Pradesh’s Balrampur district. It is part of the Devipatan Division. Kewalpur is 43 kilometres east of Balrampur, the district headquarters. Gary is 5 kilometres away. Lucknow, the state capital, is 205 kilometres away.


car loan

FAQ’s About Kewalpur Car Loan

✅ What are my choices for repaying my auto loan?

Three possibilities for repaying your loan are Standing Instructions, Post-Dated Cheques, and Electronic Clearing House (ECS). Again, you can work with your local bank to determine which choice is best for you.

✅ Is it necessary to have a guarantor for a car loan?

Most lenders will not require a guarantor to obtain a car loan. However, if your income falls below the lender’s minimum requirements, you may need the assistance of a guarantor.

✅ Where can I get a car loan interest calculator?

You can use the EMI calculator on Dialabank’s or your lending bank’s website.