Car Loan Mandya

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Buy your dream Car

Rates as low as 8.50%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Best Car Loan Providers in Mandya

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 Mandya Features

car loan mandya

A vehicle advance is a measure of money a customer obtains from financial institutions like banks to buy their dream vehicle. The advance sum is possibly up to 85% of the all-out expense of your dream vehicle dependent on Ex-Showroom or On-Road cost. The loan amount will vary from bank to bank. The credit sum can be reimbursed in portions.

Vehicle credits in Mandya regularly offer a fixed pace of interest options. This implies you are constantly guaranteed a fixed sum that should be reimbursed month to month. Vehicle advances are not implied for simply new vehicles but also for the second-hand vehicles. Apply for a Car Loan at Dialabank. Visit us at www.dialabank.com.

Car Loan Mandya Interest Rate

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 Mandya Documents Required

The following documents must be submitted by applicants while applying for a car loan:

  • Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
  • Income Proof:

            For Salaried– Latest 3-month salary slip with form 16

            For Self Employed- Latest ITR

  • Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  • Bank Statement: Last 6 months.

Car Loan Mandya Eligibility Criteria

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment:
  • For Salaried – 1 year in current employment and a minimum of 2 years of employment
  • For Self Employed– at least 3 years in business

4.   Minimum Annual Income:

  •          For Salaried – Rs 1,00,000 net annual income
  •          For Self- Employed – Net profit Rs. 60,000 p.a for standard cars and Rs.1,00,000 p.a. for mid-sized and premium cars

How to Apply for Car Loan in Mandya?

Apply for a Car Loan Now

  1. Visit us at www.dialabank.com.
  2. Go to the loan section and click on the auto loan link.
  3. Fill out the form with details and submit the form.
  4. We will contact you in a short period of time.
  5. For further information please contact +91 9878981166.

Processing Fees & Prepayment Charges on Car Loan Mandya

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 Mandya

CIBIL is a credit information company, You can check your CIBIL report to verify your standing in terms of credit score. A score of 750 or more can get you a low-interest rate. However, the interest rate for a score of 650 to 750 will be slightly higher which may provide a high-interest rate. If you have defaulted in your CIBIL report, or have a very low score, your application may be rejected.

The CIBIL score is based on your payment history across loans and credit cards.

Car Loan Mandya Contact Number

Customers can contact us at +91 9878981166 to get exclusive car loan deals right from your home or can apply on our website www.dialabank.com.

Pre Calculated EMI Table for Car Loan Mandya

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 Mandya

Mandya is a city in the territory of Karnataka. Sugar industrial facilities add to the major monetary yield. It is likewise called Sugar city which in Kannada implies Sakkare naadu because sugarcane is a significant harvest

Special Note: Banks do not provide Car Loans to bad credit holders, but one can fulfil their money requirement with Gold Loan easily.

Car Loan EMI Calculator

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