Best Banks for Car Loan in Madambakkam
Car Loan Madambakkam Features
If you’re a resident of Madambakkam and you want to own a car, you’ve come to the right place! Through Dialabank, you can avail car loans for both brand-new and second-hand cars, as well as for both ex-showroom and on-road prices. You can choose the tenure of the loan yourself, while also getting access to some of the very appealing features of car loans in Madambakkam such as: –
- Car loans available at low-interest rates, which may range from bank to bank so make sure you compare and choose wisely!
- Almost all major banks and NBFCs offer car loans in Madambakkam
- The documentation process is quick and hassle-free
- Car loans are easily available through DialaBank, we make sure you fulfill your dream with as much convenience as possible
Car Loan Madambakkam Interest Rate
To check Personal Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Car Loan Madambakkam Documents Required
The essential documents required to get a car loan approved in Madambakkam are as follows:
- Identity Proof: Documents such as your passport copy, PAN Card, Voters ID card, Driving License
- Income Proof: for a Salaried individual – Latest 3-month salary slip with form 16, while for a self-employed – Latest ITR proof
- Address Proof: Anything among your Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statements: for the last 6 months.
Car Loan Madambakkam Eligibility Criteria
The car loan eligibility requirements are as followed in Madambakkam:
- Minimum age: 21 years for a salaried individual and 30 years in case of a self-employed
- Maximum age at loan maturity: 60 and 65 years respectively for salaried and self-employed individuals
- Minimum employment: for a salaried individual, 1 year in current employment and a minimum of 2 years of total employment, while for self-employed, at least 3 years in business
- Minimum Annual Income: For a salaried individual, Rs 100000 net annual income, while for a self-employed, the net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
How to Apply for Car Loan in Madambakkam?
For availing a car loan offline you will have to visit the branch personally, which might turn hectic for you. Therefore, we decided to come up with an easy process for you online! Availing a car loan Madambakkam is an easy process with DialaBank. Just follow the following steps to avail the best offers with great efficiency:
- Visit our website
- Click on the car loan option available in the menu
- Fill in the details regarding the car type and your income
- Wait as our relationship manager will soon get in touch with you on your provided number.
- You may also contact our relationship managers on the number 9878981166 in case of any queries regarding the loan.
Processing Fees & Prepayment Charges on Car Loan Madambakkam
CIBIL Score Required for Car Loan in Madambakkam
The CIBIL score is referred to as what defines your ability to pay off your credits and is based on your repayment history. A higher Credit score means good credit history and makes your car loan application process smooth and easy to be processed, while a low score can charge you a higher interest rate. Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Madambakkam. This score may again vary from bank to bank.
Car Loan Madambakkam Contact Number
In case of any queries regarding the car loan in Madambakkam, you may contact us on the number 9878981166 for any sort of assistance. Remember, we give you the best advice!
Pre Calculated EMI Table for Car Loan Madambakkam
About Madambakkam
Madambakkam is a Panchayat town in Chengalpattu area, Tamil Nadu, India
Madambakkam is known for its noteworthy sanctuary devoted to Lord Shiva. The primary divinity of the sanctuary is Lord Dhenupureeswarar. The sanctuary is accepted to be redone during the residency of Kulothunga Chola.
Car Loan EMI Calculator
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Table of Contents
- 1 Best Banks for Car Loan in Madambakkam
- 2 Car Loan Madambakkam Features
- 3 Car Loan Madambakkam Interest Rate
- 4 Car Loan Madambakkam Documents Required
- 5 Car Loan Madambakkam Eligibility Criteria
- 6 How to Apply for Car Loan in Madambakkam?
- 7 Processing Fees & Prepayment Charges on Car Loan Madambakkam
- 8 CIBIL Score Required for Car Loan in Madambakkam
- 9 Car Loan Madambakkam Contact Number
- 10 Pre Calculated EMI Table for Car Loan Madambakkam
- 11 About Madambakkam
- 12 Car Loan EMI Calculator