Car Loan Mokokchung

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 Mokokchung

Best Banks for Car Loan in Mokokchung

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 Mokokchung Features

car loan mokokchung

Looking to buy a new car? Facing a shortage of cash? No need to worry now. A car loan is a least difficult and most reasonable approach to fund your car at low-interest rates and with negligible paperwork. Similar to other loans, they also have certain qualifying requirements but they are not strict. When a person has a secure source of income and required documentation, then the banks and NBFCs are easily offering car loans without any difficulty.

We provide car loans starting at a reasonable rate of interest to both self-employed as well as salaried individuals. We offer car loans on new and used cars.

Some key features of car loan in Mokokchung are the following:

  • Easy monthly repayment choices are available for you.
  • Instantly car loan available
  • Loan Tenure period alters from 1-7 years
  • There is a provision of affordable interest rates provides to fulfill your desires.
  • There are no hidden or additional charges

Car Loan Mokokchung Interest Rates

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

Apply for a Car Loan

Car Loan Mokokchung Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

  1. Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest 3-month salary slip with form 16
  3. Residence Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months.
  5. 2 passport-sized photographs

For Self Employed Individuals:

  1. Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest ITR
  3. Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months.
  5. 2 passport-sized photographs

Car Loan Mokokchung Eligibility Criteria

The car loan eligibility requirements are as followed in Mokokchung:

For Salaried Applicants

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: 1 year in current employment and a minimum of 2 years of employment
  4. Minimum Annual Income: Rs.100000 net annual income

For Self-Employed Applicants

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: At least 3 years in business
  4. Minimum Annual Income: Net profit Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Mokokchung

TABLE WILL APPEAR

Apply for a Car Loan

Processing Fees / Prepayment Charges on Car Loan in Mokokchung

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 Mokokchung

CIBIL score is an important criterion on the basis of which banks and NBFCs approve any customer a car loan. For each lending institution, the minimum criteria of a CIBIL score for a car loan vary from bank to bank. Generally speaking, a score above 800 is taken into consideration as decent for any individual to be eligible for a car loan application.

It is important that one should clear all the pending debts in order to maintain a good credit score. Default in your credit score may hinder your opportunities for availing a fresh loan in the future.

Car Loan Mokokchung Agent Contact Number

For an instant car loan, you can visit Dialabank or call on 9878981166 to get personalized assistance. Our relationship managers are well trained and will assist you in the best way possible in order to provide you with the deal most suited for you.

Pre Calculated EMI Table for Car Loan Mokokchung

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 EMI Calculator Mokokchung

Apply for a Car Loan

About Mokokchung

Mokokchung is a small community in the Mokokchung area in the province of Nagaland state, India. Mokokchung is the social nerve center of the Ao individuals and is monetarily and politically the most significant urban center in northern Nagaland. The town is made up of 16 wards.

According to the 2011 census, it had a population of 31,204.

Other Car Loan Cities In Nagaland

Car Loan Sambalpur Car Loan Paradip
Car Loan Rourkela Car Loan Koraput
Car Loan Puri Car Loan Khordha
Car Loan Parlakhemundi Car Loan Jharsuguda