Car Loan Kurali

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 Kurali

Best Banks for Car Loan in Kurali


car loan

Car Loan Kurali 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

It is difficult to save money and spend on your desire to own your vehicle in this materialistic world today. So car loan in Kurali is here to remove all your problems related to the car. Car Loan in Kurali is an offer that provides finance to people in Kurali for buying a car. A car loan also gives a person the benefit of paying the vehicle amount in instalments rather than paying for it at once. Car Loan in Kurali requires a minimum documentation process and fewer fees process.

Car Loan Kurali


car loan

Car Loan Kurali 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 Kurali EMI Calculator

Car Loan Kurali 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 Kurali Fees and Charges: Leading Banks – May 25 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 Kurali 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 Kurali

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

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


car loan

How to apply for Car Loan Kurali?

  1. Visit Dialabank
  2. Go to the loans section and select auto loan, followed by the car loan link.
  3. You will be directed to all the car loan details where they can choose their preferred city.


car loan

Which Bank in Kurali Offers the Best Car Loans?

Many banks and NBFCs, like ICICI, SBI and HDFC, offer vehicle loans in Kurali. However, the finest lender in Kurali is one that provides you with a Car Loan Kurali 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 Kurali before applying for one that meets all of your needs.


car loan

Car Loan for Major Car Manufacturers in Kurali

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Kurali

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 Kurali

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


car loan

Car Loan Kurali Contact Number

For Car Loan Kurali queries, you can call 9878981166.


car loan

Pre Calculated EMI Table for Car Loan Kurali

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 Kurali

Kurali is a city located in the district of S.A.S. Nagar and Kurali is also a municipal council in the Greater Mohali area. Mohali district is located in the Indian state of Punjab.


car loan

Car Loan Banks in Kurali IFSC

Bank Name Bank Address IFSC Code
ALLAHABAD BANK SHOW ROOM NUMBER 225 WARD NO. 9 CHANDIGARH AMRITSAR HIGHWAY KURALI DISTT MOHALI (PUNJAB) 140103 ALLA0212595
BANK OF BARODA H S NO 365 WARD NO 9 CHANDIGARH ROAD OPP ACTIVA HONDA SHOWROOM KURALI PUNJAB 140103 BARB0KURALI
CANARA BANK WARD NO.7, CHANDIGARH ROAD (NH 21), KURALI 141103 DIST. MOHALI STATE PUNJAB CNRB0003509
CORPORATION BANK WARD NO.7, BUS STAND CHANDIGARH ROAD KURALI CORP0001887
FEDERAL BANK 7-8, OPPOSITE KHALSA SCHOOL, NH-21, KURALI, DIST. S.A.S. NAGAR, PUNJAB – 140103 FDRL0002044
HDFC BANK CHANDIGARH ROAD, KURALICHANDIGARH ROAD, KURALI CHANDIGARH ROAD, KURALI HDFC0001371
ICICI BANK LIMITED ICICI BANK LTD, WARD NO 7 CHANDIGARH-KURALI HIGHWAY, KURALI-140103 ICIC0001524
INDIAN BANK OPPOSITE VETERINARY HOSPITAL NIHOLKA ROAD KURALI KHARAR IDIB000K324
ORIENTAL BANK OF COMMERCE RAILWAY ROAD, KURALI ORBC0100662
PUNJAB AND SIND BANK MAN COMPLEX, BUS STAND, SISWAN ROAD, BLOCK MAJRI KURALI DISTT S.A.S.NAGAR (MOHALI) PSIB0000194
PUNJAB NATIONAL BANK KRISHNA MANDI PUNB0027900
STATE BANK OF INDIA TAL MIYAGAM KARJAN DT VADODARA GUJ STATE PIN 391240 SBIN0007785
STATE BANK OF INDIA SHOWROOM NO 3 4, MODERN SHOPPING COMPLEX, OPPOSITE KHALSA SCHOOL, NH 21, KURALI, DISTRICT MOHALI, PB 140103 SBIN0013515
STATE BANK OF INDIA KRISHNA MANDIKURALI 140103 SBIN0050085
AXIS BANK GR FLR WARD NO 5 UTIB0003442
VIJAYA BANK CHANDIGARH RD, NR GUPTA HOSPITAL VIJB0007550
YES BANK

GROUND FLOOR, KHASRA NO80163151, WARD NO 7, CHANDIGARH ROAD, PO KURALI, KURALI, PUNJAB-140103

YESB0000304
YES BANK OPP SUB POST OFFICE, KURALI – 140103 YESB0CB0011

FAQ’s About Kurali Car Loan

✅ What are the types of cars that I purchase with a car loan Kurali?

Car loans in Kurali can be used to buy various passenger vehicles, SUVs (Sport Utility Vehicles), MUVs (Multi Utility Vehicles), and other vehicles. You can also get a car loan in Kurali to acquire a vehicle for business purposes. Truck, tractor, and construction equipment loans are also available from lenders.

✅ Can I acquire a Car Loan Kurali on my current vehicle?

Yes, you can acquire a car loan in Kurali on your current if you have a strong payment history with your current lender in Kurali.

✅ What are Car Loan Kurali options for repayment?

Standing Instruction, Electronic Clearing Service, and Post-Dated Cheques are the three options for repaying your loan in Kurali. The first two options are better as they are faster and have a lower risk of error.