Car Loan Kudal

Best Banks for Car Loan in Kudal

Car Loan Kudal 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

Car Loan Kudal

Car Loan Kudal 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 Kudal EMI Calculator

Car Loan Kudal 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 Kudal Fees and Charges: Leading Banks – Apr 23 2024

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
Private 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 Kudal 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.

How to Get the Best Car Loan Interest Rates in Kudal

Car loans in Kudal offered by each lender are different, but they are reasonable.

Choose a shorter repayment for a Car Loan in Kudal– People believe that lengthier repayment terms are better as EMIs for such car loan in Kudal is low. However, they don’t seem aware that lenders in Kudal view lengthier payback terms as an indication of a borrower’s low repayment capabilities, so they charge higher interest in Kudal.
Research and compare offer by different lenders in Kudal– You should explore and compare the benefits offered by different lenders in Kudal. Comparing can help you determine the lenders in Kudal that provide the best interest rates and which lender in Kudal to choose for a car loan.
Maintain a modest debt-to-income ratio for a Car Loan in Kudal– The debt-to-income ratio in Kudal measures how much of your income goes toward other loan repayments in Kudal. Lenders in Kudal take this into account when setting interest rates. So if your debt-to-income ratio is lower, you can get a car loan in Kudal easily.
Car Loan in Kudal Maintain a good credit score– Lenders in Kudal will be pleased to offer you a car loan with cheaper interest rates if you have a good credit score. Lenders in Kudal consider a credit score of above 750 to be reliable. Many lenders in Kudal may give auto loans to people with bad credit, but they demand a higher interest rate for such car loans in Kudal.

How to Apply for Car Loan Kudal?

Visit Dialabank.
Apply for a Car Loan.
Enter your number.
For more information call 9878981166.

Which Bank in Kudal Offers the Best Car Loans?

Many banks and NBFCs, like Private, SBI and HDFC, offer vehicle loans in Kudal. However, the finest lender in Kudal is one that provides you with a Car Loan Kudal at a reasonable interest rate and can provide the funds as quickly as possible. Therefore, it is always better to compare your vehicle loans from many lenders in Kudal before applying for one that meets all your needs.

Car Loan for Major Car Manufacturers in Kudal

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Kudal

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
Prepayment Charges	>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

CIBIL Score Required for Car Loan in Kudal

The CIBIL score defines your ability to pay off your Car Loan in Kudal. A good Credit score means good credit history and makes your car loan Kudal process smooth and easy to be processed. Mainly, banks and NBFCs in Kudal consider a credit score of 750 and above as a reliable score to approve your loan in Kudal.

Car Loan Kudal Contact Number

For Car Loan Kudal queries, you can call 9878981166.

Pre Calculated EMI Table for Car Loan Kudal

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 Kudal

Kudal is a town located in the Sindhudurg district of Maharashtra, India.

Car Loan Banks in Kudal IFSC

Bank Name	Bank Address	IFSC Code
BANK OF BARODA	BANK OF BARODA ASHIRWAD BHAVAN NEAR POST OFFICE PIN 416 520	BARB0KUDALX
DENA BANK	AT AND POST-KUDAL 475, BAZAR PETH KUDAL MAHARASHTRA	BKDN0470601
BANK OF INDIA	A19 MEHANEEL PLAZA, GANESH NAGARAT & POSTTAL KUDAL DISTT SINDHUDURG	BKID0001471
CENTRAL BANK OF INDIA	KILEDAR HOUSE,BHOSALEWADI,KUDAL,KUDAL-416520,SINDHUDURG, MAHARASHTRA	CBIN0284595
DOMBIVLI NAGARI SAHAKARI BANK LIMITED	KUDAL, DIST.SINDHUDURG,PATKAR COMPLEX, GROUND FLOOR, SURVEY NO. 25910B1,AT VILLAGE KUDAL, TALUKA -KUDAL, DIST. SINDHUDURG, PINCODE 416520	DNSB0000077
HDFC BANK	HDFC BANK LTD. KRISHNA RAJANI AVENUE NEAR KUDAL POST OFFICE, GANESH NGR KUDAL, SINDHUDURG MAHARASHTRA 416502	HDFC0002494
HDFC BANK	PL.NO.32 NAVANGAR VIKAS PRADHIKARAN SINDHUDURG NAGARI-OROS	HDFC0CSINDC
Private BANK LIMITED	Private BANK LTD , A – 11 TO 14 ,MEHANEEL PLAZA, GANESH NAGER KUDAL MALVAN ROAD TALUKA KUDAL SINDHUDURG 416520	ICIC0001730
INDUSIND BANK	GROUND FLOOR SHOP NOS 19 20 21 AND 22 CITY CENTRECOMPLEX OPPOSITE POLICE STATION VENGURLA KUDAL ROAD KUDAL SINDHUDURG MAHARASHTRA 416520	INDB0001367
KOTAK MAHINDRA BANK LIMITED	SHOP NO 1,2,3 & 4, OFFICE NO 1 & 2, GROUND FLOOR, HERAMB APARTMENT, PLOT NO 2(B), SHIVAJI NAGAR, KUDAL – 416520, TALUKA KUDAL, DISTRICT – SINDHUDURG. MAHARASHTRA	KKBK0001999
KOTAK MAHINDRA BANK LIMITED	SHOP NO 2 & 3, FIRST FLOOR, NARAYANPRASAD COMPLEX, HOUSE NO 22, PANDUR – 416520, TALUKA – KUDAL, DISTRICT SINDHUDURG, MAHARASHTRA.	KKBK0002018
BANK OF MAHARASHTRA	SHANTADURGA NIWAS, VARDE BLDG, MAIN ROAD, KUDAL, DIST – SINDHUDURG. PIN 416520	MAHB0000070
BANK OF MAHARASHTRA	NAZIR MANZIL LAXMI ROAD, AP. KUDAL TAL JAOLI 415514	MAHB0000292
NKGSB COOPERATIVE BANK LIMITED	CITY CENTER, KUDAL VENGURLA ROAD, KUDAL 416520	NKGS0000054
STATE BANK OF INDIA	DISTSINDHUDURG MAHARASHTRA 416520	SBIN0001245
STATE BANK OF INDIA	NAVNAGARTALUKA KUDAL DISTT SINDHUDURG MAHARASHTRA 416812	SBIN0004511
STATE BANK OF INDIA	SY NO 33 B 4 NEAR VAINGANGA KRISHNA GRAMIN BANKSHIVAJI NAGAR	SBIN0021864
THE SINDHUDURG DISTRICT CENTRAL COOP BANK LTD	AT AND POST AND TAL KUDAL	SIDC0001013
SARASWAT COOPERATIVE BANK LIMITED	PRATHAM APARTMENT, NEAR KUDAL HIGH SCHOOL, KUDAL, DIST SINDHUDURG – 416520.	SRCB0000220
SYNDICATE BANK	KUDAL MALWAN MN RD, SINDHUDURG DIST, KUDAL, MAHARASHTRA,416520	SYNB0005379
SYNDICATE BANK	BLDG.NO.463,OROS BUDRUK, NEAR OROS PHATA, MUMBAI-GOA HIGHWAY TAL.KUDAL DIST, SINDHUDURG MAHARASHTRA INDIA -416812	SYNB0005387
UNION BANK OF INDIA	PUNYA SHLOK BAPUSAHEB MIDC RD NEAR HIGH SCHL KUDAL MAHARASHTRA PINCODE 416520	UBIN0568708
UCO BANK	KUDAL BRANCH,TALUKA KUDAL,DIST SINDUDURG 416520	UCBA0003064
AXIS BANK	MITRA COMPLEX GALA NO 909 12 NEAR POLICE STATION KUDAL VENGURLA ROAD PIN CODE 416520	UTIB0002630