Car Loan Motihari

Best Banks for Car Loan in Motihari

Car Loan Motihari Features

No need to hesitate before thinking of buying a new car anymore. Car Loans provide the appropriate solution for financing your car at affordable rates.

It is very easy nowadays to finance your car as numerous institutions offer this service. If any individual wants to buy a pre-owned car or used car due to budgetary constraints or any reason for that matter, then lenders also provide the option to avail of a used car loan.

To avoid any hassle and wastage of time, visit DialaBank to get an instant loan disbursal.

Car Loan Motihari Interest Rates

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

Car Loan Motihari Documents Required

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.

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.

Car Loan Motihari Eligibility Criteria

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 year
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 Motihari

Processing Fees / Prepayment Charges on Car Loan Motihari

CIBIL Score Required for Car Loan in Motihari

Banks and NBFCs regard CIBIL score as an essential aspect before approving for a loan. It shows the credit behaviour of the applicant. The minimum CIBIL score requirement for a car loan differs from bank to bank. Generally, a CIBIL score of more than 800 is considered to be decent for any individual to be eligible to apply for a car loan.

The credit history of any applicant must not have any pending dues or debts to avoid any inconvenience in applying for a loan. Hence, it is advisable to check your credit score beforehand itself and rectify and correct the dues to ensure a smooth loan approval process.

Car Loan Motihari Contact Number

To avail instant car loans you can visit our website or call on 9878981166 or visit Dialabank to avail instant car loans you can. Our relationship manager will be able to help you in every way possible providing the best deals.

Pre Calculated EMI Table for Car Loan Motihari

Car Loan EMI Calculator Motihari

About Motihari

Located in the capital city Patna, Motihari is a prominent city of Bihar. It holds a historic significance as from here only Mahatma Gandhi started the infamous Satyagrah movement. Along with this, Litchi can be found here almost at every corner as the litchi production is vast here. A famous Motihari-Jheel divides the city into two distinct parts.

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