Car Loan Kullu

Car Loan Kullu

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Best Banks for Car Loan in Kullu

Feature	HDFC Bank	ICICI Bank	Kotak Mahindra Bank
Interest Rate	8% - 8.4 %	8.5 - 9.5 %	11%
Min Loan Amt	Metro : 1 Lac & Non Metro: 75000	75000	75000
Max Loan Amt	1 Cr	1 Cr	1 Cr
Loan Tenure	Upto 7 Years	Upto 5 Years	Upto 5 Years
Processing Fee	1999 - 4999 + Tax	0.25% to 1.50%	0.25% to 1.50%
Preclosure Chgs	2%, Nil after 24 months	2%, Nil after 36 months	Nil
Loan to Value (LTV)	Upto 100% on Ex- showroom	Upto 95% on Ex- showroom	Upto 90% on Ex- showroom

Car Loan Kullu Features

Why seek for a cab on every occasion, after you will have an automotive of your own. therefore consumer loan is here to get rid of all of your associated with the automotive. This loan is a suggestion that provides finance to folks for purchasing a car. A consumer loan permits an individual to obtain the vehicle in installments instead of outlay it promptly. It needs a minimum documentation method and fewer fees method.

Dialabank is India’s initial monetary helpline that gives loan services to the shopper’s agency are in ought to fulfill their dream of getting their vehicle. We are going to offer you credit at the competitive rate of interest with the advantages of low process fees and straightforward documentation and fast approval of loan quantity.

Car Loan Kullu Interest Rates

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	1%	Nil
Andhra Bank Car Loan	Nil	Nil

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

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Car Loan Kullu Documents Required

Documents required for a car loan are as followed:

For Salaried Individuals:

Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
Income Proof: Latest 3-month salary slip with form no. 16
Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
Bank Statement: Last six months is required.

For Self Employed Individuals:

Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
Income Proof: Latest ITR is required
Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card is necessary
Bank Statement: Last six months is required.

Car Loan Kullu Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried Applicants

Minimum age: 21 years
Maximum age at loan maturity: 65 years
Minimum employment: One year in current employment and a minimum of two years of employment is necessary
Minimum Annual Income: Rs.100000 net annual income is required

For Self-Employed Applicants

Minimum age: 21 years
Maximum age at loan maturity: 65 years
Minimum employment: At least three years in business operations is required
Minimum Annual Income: Net profit of Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars is necessary

Car Loan for Major Car Manufacturers in Kullu

TABLE WILL APPEAR Apply for a Car Loan

Processing Fees / Prepayment Charges on Car Loan Kullu

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 Kullu

CIBIL score reflects your credit history in the past as well as your defaults in repayment of your previous loans. A very low CIBIL score might lead to rejection of your loan as it is the first thing a bank tracks before processing your loan. A good credit score is considered as 750 and above as most of financial institutions ask for a high credit score. A Lower CIBIL score than 750 can attract a higher rate of interest. Every bank and NBFC has different criteria for a minimum CIBIL score they require to process your loan.

Car Loan Kullu Agent Contact Number

For more information or any queries regarding the car loan in Kullu, you contact us on 9878981166 or visit the website of Dialabank. making our representatives get in touch with you for further assistance.

Pre Calculated EMI Table for Car Loan Kullu

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 EMI Calculator Kullu

About Kullu

Kulu is that the capital city of the district Kullu of Himachal Pradesh state, India. This natural depression is thought for its temples and its hills lined with pine and deodar forest and sprawling apple orchards. The course of the Beas watercourse presents a succession of glorious, clad with forests of a cedar tree, high higher than trees of pine on the lower rocky ridges. Kullu natural depression is sandwiched between the Pir Panjal, Lower Himalayan and Great Himalayan Ranges. thanks to several journey sites for Hindus, Buddhists and Sikhs alike, Kullu is thought for its open natural depression meadows and scenic views of the Himalayan geological formation. the world is thought for Kullu scarf, a product of several natural fibres.

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