Best Banks for Car Loan in Kozhikode
Car Loan Kozhikode Features
If you wish to make your dream come true of riding a luxurious car of your own but face a monetary issue, then a Car Loan is the right solution for you. Almost all the major financial institutions provide car loans at a reasonable rate of interest without much paperwork. Moreover, you can also purchase a pre-owned car or used car using a used car loan that is offered by numerous lending institutions.
To avoid any hassle and wastage of time, visit DialaBank to get a fast loan disbursal.
Car Loan Kozhikode Interest Rate
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
ICICI Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Kotak Car Loan
1% to 2%
IIFL Car Loan
Muthoot Car Loan
Manappauram Car Loan
PNB Car Loan
0.70% to 1%
Canara Bank Car Loan
Andhra Bank Car Loan
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Car Loan Kozhikode Documents Required
Documents required for car loan are as followed:
- Income Proof: Previous 3 months salary slips or Form 16 for a salaried individual and recent tax return files for a self-employed individual
- Identity Proof: Driving License/ Aadhar Card/ Passport Copy/ Voter ID
- Address Proof: Voter ID/ Water Bill/ Telephone Bill
- Recent passport size photographs-2
Car Loan Kozhikode Eligibility Criteria
The car loan eligibility requirements are as followed in Kozhikode:
- The age limit for a salaried individual is 21 years to 65 years and 25 years to 65 years for a self-employed individual
- A salaried employee must be working in the current organization for at least a year.
- In case the individual is a businessman then, their business must be operational from at least the past three years.
- Minimum Rs 25000 monthly salary is a must for a salaried individual
How to Apply for Car Loan in Kozhikode?
To apply for a car loan without wasting any time and minimal documentation, follow the steps given below:
- Visit our website DialaBank.
- Go to auto loans and select Car Loans on the homepage.
- You must fill an online application form stating all the personal and professional details.
- Provide your current contact details so that our executives can get in touch with you for further assistance.
To avail car loan through offline mode, visit the nearest branch office of the lending institution providing the service. After reaching there you are required to fill an application form, and thereafter you will be guided by the executives.
Processing Fees & Prepayment Charges on Car Loan Kozhikode
Cheque Bounce Chgs
Floating Rate of Interest
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan in Kozhikode
Banks and NBFCs regard CIBIL score as in important criteria before approving for a car loan. The creditworthiness of any individual is reflected by their CIBIL score. The minimum CIBIL score requirement for a car loan varies from bank to bank. Generally, a score above 800 is considered to be decent making them eligible for a car loan.
The credit history of any borrower 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.
Car Loan Kozhikode Contact Number
To avail instant car loans you can visit our website or call on 9878981166 to get personalized assistance. Our executives are well trained and will assist you in the best way possible in order to provide you with a deal most suited for you.
Pre Calculated EMI Table for Car Loan Kozhikode
You can calculate your EMI here: Car Loan EMI Calculator
Earlier known as Calicut, Kozhikode is an important city in the state of Kerala. The place is rich with tourism with visitors coming in all around the years to visit the numerous lakes, beaches, and natural landscapes. It is an important route for trade of spices, silk, cotton and also was one of the most essential paths in the history for the Jews, Arabian and Portuguese travelers.
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
Other Cities with the Car loan:
|Car Loan Sendhwa||Car Loan Narsinghpur|
|Car Loan Sambhal||Car Loan Jhabua|
|Car Loan Rau||Car Loan Harda|
|Car Loan Pandhurna||Car Loan Bhind|
Table of Contents
- 1 Best Banks for Car Loan in Kozhikode
- 2 Car Loan Kozhikode Features
- 3 Car Loan Kozhikode Interest Rate
- 4 Car Loan Kozhikode Documents Required
- 5 Car Loan Kozhikode Eligibility Criteria
- 6 How to Apply for Car Loan in Kozhikode?
- 7 Processing Fees & Prepayment Charges on Car Loan Kozhikode
- 8 CIBIL Score Required for Car Loan in Kozhikode
- 9 Car Loan Kozhikode Contact Number
- 10 Pre Calculated EMI Table for Car Loan Kozhikode
- 11 About Kozhikode
- 12 Car Loan EMI Calculator