Best Banks for Car Loan in Mahuva
Car Loan Mahuva Features 
Seeking for a desire of purchasing your dream car? But running short on funds? Don’t worry. Dialabank got your back; our financial services help customers to compare, analyze, and choose the best loan possible.
A car loan is a financial help provided by banks and NBFC’s to fulfill your dream of having your car. They provide necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car. A Car loan is a secured loan with easy repayment options. The loan amount is offered on Interest charges which vary from bank to bank. One can pay for the vehicle in easy installments.
Car Loan Mahuva Interest Rate
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
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 Mahuva Documents Required
Documents required for car loan are as followed:
For Salaried Employee
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License of the applicant
- Income Proof: For Salaried– Latest 3-month salary slip with form 16 of the applicant
- Address Proof: Ration card/Driving license/Voters card/Passport Copy/Telephone Bill/Electricity Bill/Life Insurance Policy/PAN Card of the applicant
- Bank Statement: Last 6 months original and photocopies of bank statement of the applicant.
For Self Employed
- Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License of the applicant
- Income Proof: Latest Income Tax Report of the applicant
- Address Proof: Ration card/Driving license/Voters card/Passport Copy/Telephone Bill/Electricity Bill/Life Insurance Policy/PAN Card of the applicant
- Bank Statement: Last 6 months original and photocopies of bank statement of the applicant.
Car Loan Mahuva Eligibility Criteria
The car loan eligibility requirements are as followed:
For Salaried Employee
- Minimum age: 21 years old
- Maximum age at loan maturity: 65 years old
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment
- Minimum Annual Income: Rs 1 lakh net annual income
For Self Employed
- Minimum age: 21 years old
- Maximum age at loan maturity: 65 years old
- Minimum employment: – at least 3 years in business
- Minimum Annual Income: Net profit Rs. sixty thousand p.a for standard cars and Rs.100000 per annum for mid-sized and premium cars
Car Loan for Major Car Manufacturers in Mahuva
TABLE WILL APPEARProcessing Fees & Prepayment Charges on Car Loan Mahuva
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL Score Required for Car Loan in Mahuva
Every lending institution has its criteria for the minimum CIBIL score required for processing the Car Loan application in Mahuva so that they can minimize the risk of lending to you and also if your CIBIL score is high you get an interest rate at a much lower interest rate than others. Most institutions require a minimum score of CIBIL of 750 or above to process your loan application. Also having a good CIBIL score helps to loans at a cheaper rate of interest.
The institutions don’t just look at the overall score but also the detailed behavior on the previous loans taken. This includes details on the type of loan taken and the amount borrowed. Any delayed payments for previous loans can act as a barrier to your availing a fresh loan.
Car Loan Mahuva Contact Number
You can get a car loan Mahuva easily from dialabank by contacting the number 9878981166. or you can easily visit us at Dialabank
Pre Calculated EMI Table for Car Loan Mahuva
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 Mahuva
Mahuva is a town and subdistrict of Bhavnagar District, in the state of Gujarat, India. Located on the coast of the Arabian Sea, Mahuva is popular for its mild weather and green, lush surroundings, including many coconut tree plantations. The town is a part of the Saurashtra region and is known as the Kashmir of Saurashtra
According to the 2011 Census of India, the Mahuva subdistrict had a population of 452,011.
Car Loan EMI Calculator
Car loan EMI can be calculated by the Car loan EMI Calculator provided by Dialabank. It is free to use and you can use it an infinite number of times. Equated Monthly Installments(EMI) is the monthly fixed charges that you pay to the bank as monthly repayment for the loan amount borrowed. Based on the profile, the interest rate on the loan is determined. EMI is calculated based on the Interest Rate you are charged by the bank and the amount of loan you have to take and the period for which you enjoy the car loan.
Other Cities for Car Loan in Gujarat
| Car Loan Limbdi | Car Loan Keshod |
| Car Loan Kosamba | Car Loan Karjan |
| Car Loan Kheda | Car Loan Kalol |
| Car Loan Khambhalia | Car Loan Kadi |
