Car Loan Malsian

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Rates as low as 8.50%*
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Best Banks for Car Loan in Malsian

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 Malsian Features

car loan malsianDon’t wait to buy a new car! select the car and then apply for a car loan in Dialabank.com you can easily get the car loan with a low rate of interest. for buying the car is a heavy decision in every family. mainly in the middle-class family its is the biggest event to them. So don’t miss the chance of buying the car. if you were financially weak, Dialabank will help you in getting the loan.

Click here for ICICI car loan

Car Loan Malsian Interest Rate

  • Interest rates change very regular intervals of time. so the one who is going to apply for the loan should have a clear idea of interest rates. by knowing these interest rates we can save money in repayment time. so be careful at interest rates and compare interest rates of various banks. then start applying for the loan. if you have a good Cibil score you will get good interest rates and high tenure.

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

Car Loan Malsian Documents Required

While applying for the loan. one should have these documents.they are;

  • If the applicant is salaried then the applicant should submit payslips.
  • if the applicant is self-employed then the applicant should submit IT returns.
  • latest 6 months bank statement is required
  • Two latest photocopies are required.
  • Proofs like PAN Card, Voters ID card, Driving License are required.
  • Ration card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy is required to apply for the loan.
  •  The last 6 months’ bank statement is needed.

Car Loan Malsian Eligibility Criteria

  1. Firstly, the borrower must be an Indian citizen.
  2. Secondly, the minimum applicant age  21 yrs as well as older than 60 yrs at loan maturity to the avail car loan.
  3. Thirdly, He/she must have a good annual income that properly demonstrates his/her capacity for loan repayment the amount he borrows.
  4. Besides that,  the applicant must have secure employment working the current job status of one year as well as regular income in the account.
  5. More importantly, he must possess a mobile number that marks his address and the occupation of that address for an expected duration of time.
  6. Besides that, the borrower should have some source of income.
  7. After that, the monthly income of the applicant should be Rs. 18k minimum.
  8. Moreover, the borrower should be in the business for two years.
  9. After that, the borrower should be from two years in employment as well as from 1 year in the same company.
  10. Finally, CIBIL scores of the borrower should be more than 750.

How to Apply for Car Loan in Malsian?

  • Visit Dialabank website.
  • Click on the loan section and select a car loan.
  • Fill the form with the required information.
  • you will get call from our experts.
  • you can clear our queries and doubts with our experts.

Click here for Kotak car loan

Processing Fees & Prepayment Charges on Car Loan Malsian

check here for the processing Fees and Prepayment charges on a car loan.

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

CIBIL Score Required for Car Loan in Malsian

CIBIL score plays a key role while getting the loan. if your Cibil score is between 750-900. then you will get the quick loan approvals. if the Cibil score is less than 700 then your application will be pending. so, check your Cibil score before you apply for the loan. if you pay your EMIs in time then your Cibil score will be increased. if you do not repay Your EMI your Cibil score will be reduced. the applicant has to pay monthly EMIs according to there schedule of the bank.

Click here for ICICI car loan

Car Loan Malsian Contact Number

To get an instant help call to 9878981166 and clear all your queries.

Pre Calculated EMI Table for Car Loan Malsian

check here of Pre calculated EMI table for a car loan.

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 Malsian

Malsian is a village in Shahkot in Jalandhar district in the Indian states of Punjab. With the dialabank providing their services to all parts of the country, it is now possible to have access to car loans.

Car Loan EMI Calculator

You can calculate the EMIs here with free of cost and get the clear idea about the loan and interest rates.

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