Car Loan Khordha

Best Banks for Car Loan in Kordha

Car Loan Kordha Features

Having a dream of purchasing your car? But don’t have enough funds? Don’t worry. A Car Loan is a right solution for you. Dialabank financial services help customers to compare, analyze, and choose the best loans available in the market across several financial institutions.

Almost all the major lending institutions and banks provide car loans at an attractive interest rate without much paperwork. Other than a brand new car, you can also purchase a preowned car or used car using a used car loan that is offered by numerous financial institutions. Get the best offers on car loans only on applying with DialaBank.

Car Loan Kordha Interest Rate

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To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Car Loan Kordha Documents Required

Essential Documents required for a Car loan in Kordha are:

For Salaried Employee

1. ID Proof: Aadhar Card/ Driving License/ Pan Card/ Passport Copy, etc.
2. Proof of Address: Water Bill/ Voter ID/ Telephone bill/ Passport Copy
3. Income Proof: Previous 3 months salary slips or Form 16 of the applicant.
4. Recent passport size photographs-2 are required.

For Self Employed

1. ID Proof: Aadhar Card/ Driving License/ Pan Card/ Passport Copy, etc.
2. Proof of Address: Water Bill/ Voter ID/ Telephone bill/ Passport Copy
3. Income Proof: Recent tax return files for a self-employed individual
4. Recent passport size photographs-2 are required.

Car Loan Kordha Eligibility Criteria

Eligibility criteria to be followed for a Car loan in Kordha are:

For Salaried Employees

1. The minimum age for applying a car loan is 21 years and 25 years.
2. A salaried employee must be working in the current organization for at least a year.
3. Rs 25000 monthly income is a must for a salaried employee

For Self Employed

1. The minimum age for applying a car loan is 21 years and 25 years.
2. In case the individual is a businessman then, their business must be operational and yield profit from at least the past three years.

Car Loan for Major Car Manufacturers in Kordha

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Processing Fees & Prepayment Charges on Car Loan Kordha

CIBIL Score Required for Car Loan in Kordha

Banks and NBFCs consider CIBIL score as an important criterion before approving for a loan. It signifies the creditworthiness of any individual. The minimum CIBIL score requirement for financing a car varies from bank to bank. Generally, a score above 800 is considered to be decent for any individual to be eligible to apply for a car loan.

The credit history of any applicant must be free of any pending dues or debts to avoid any inconvenience in applying for a loan. Hence, it is advisable to check your credit score beforehand itself and rectify and correct the dues to ensure a smooth loan approval process in Kordha.

Car Loan Kordha Contact Number

To avail instant car loans you can visit our website DialaBank or feel free to call on 9878981166. Our employees are always ready to assist you.

Pre Calculated EMI Table for Car Loan Kordha

You can calculate your EMI here: Car Loan EMI Calculator

About Kordha

Khordha district is an administrative division of the state of Odisha, India. It was formed on April 1, 1993, by the division of former Puri District into Puri, Khordha and Nayagarh districts. In the year 2000 the district name was changed to Khordha. The district headquarters is Khordha Town. The capital city of Bhubaneswar is located in this district. Khordha is the most urbanized of all the districts of Odisha. Khordha Road, the railway station that serves the town is also the divisional headquarters of the East Coast Railway of the Indian Railways. Khordha is also known for its brass utensils, cottage industries, railway coach manufacturing, and cable manufacturing unit.

Special Note: Banks do not provide Car Loans to bad credit holders, but one can fulfill their money requirement with Gold Loan easily.

Car Loan EMI Calculator

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