Best Banks for Car Loan in Mullana
Car Loan Mullana Features
⍟ Loan Approval in 30 Minutes
⍟ Lowest Rate of Interest
⍟ Up to 100% on Road Loan
⍟ Minimum Documentation
⍟ Paperless Process
⍟ Flexible Repayment
⍟ Zero Foreclosure
⍟ 24 x 7 Online Payment Facility
⍟ No Hidden Charges
7.35% per annum In the city, lenders such as HDFC, Private, and SBI provide various auto loan schemes. The most outstanding lender for you is one that can supply you with the loan balance you require at the lowest possible interest rate while also delivering the cash as quickly as possible. Therefore, before qualifying for an automobile loan that fits all of the criteria, such as interest rates, it is usually a good idea to evaluate automobile loans from various providers. TABLE WILL APPEAR Credit history is a statistic that impacts your ability to borrow money to pay off your debts. A more robust credit report indicates a positive credit history and simplifies your auto mortgage loan processing. In addition, banks and NBFCs in the city are more likely to approve your financial statement if you have a credit score of 750 or above. Your number may change from one institution to the next. For example, if your credit history is less than ideal, you may be required to repay a considerable loan debt; however, you may be charged a low interest rate if your credit history is excellent. As a result, credit history is an essential factor to consider when applying for a car loan. Individuals can call the company 9878981166 for assistance if they have any inquiries concerning the auto loan in the city.
Car Loan Mullana Eligibility Criteria
Salaried Individual
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
Minimum ITR – Rs.2 lakh
Employment Duration – Minimum 3 years
Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh
Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarters
Car Loan Mullana EMI Calculator
Car Loan Mullana Fees & Charges
Charges
New Car Loan
Used Car Loan
Interest Rate
11.80% p.a. to 13.80% p.a.
Car loan Processing fees
0.5%
0.5%
Issuance of Duplicate Repayment Schedule Charges
Around Rs.500
Around Rs.500
Foreclosure Charges
0.06
0.06
Penal Interest
2% PM
2% PM
Car loan Part Payment charges
6% of the amount
6% of the amount
Cheque/Instrument Swap Charge
Around Rs.500
Around Rs.500
Documentation Charge
Around Rs. 500
Around Rs. 500
Issuance of Duplicate No Dues Certificate Charges
Around Rs. 500
Around Rs. 500
Registration Certification Collection Charge
Around Rs. 200
Around Rs. 200
Cheque Bounce/Instrument Return Charges
Around Rs. 500
Around Rs. 500
Issuance of Duplicate Statement Charges
Around Rs. 500
Around Rs. 500
Loan Cancellation/Re-booking Charges
Around Rs. 1000
Around Rs. 1000
Issuance of Credit Report
Around Rs. 50
Around Rs. 50
Car Loan Mullana Fees and Charges : Leading Banks – Apr 25 2024
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 Mullana Documents Required
Salaried Individual
Category
Identity Proof (Any 1)
Passport
Voter ID
Aadhar Card
Driving License
Address Proof (Any 1)
Aadhar Card
PAN
Driving License
Electricity Bill
Date of Birth Proof(Any 1)
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
Bankers Verification
Passport
Income Proof
Bank Statement
Employment Continuity Proof
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment
Self-Employed Individuals
Category
Identity Proof (Any 1)
PAN Card
Passport
Voter ID
Aadhar Card
Address Proof (Any 1)
PAN Card
Voter ID
Passport
Electricity Bill
Date of Birth Proof (Any 1)
Birth Certificate
Passport
Driving Licence
PAN
Signature Proof (Any 1)
Bankers Verification
Passport
Bank Statement
Employment Continuity Proof
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Self-Employed Non-Individuals:
1. Partnership Firms/Societies
Category
Identity Proof (Any 1)
Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Aadhar Card
Driving License
Voter ID
Income Proof
P&L Account
ITR for the previous 2 years
Bank Statement
Last 6 month
Business Continuity Proof
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
2. Private Limited/Limited Companies
Category
Identity Proof
Copy of Incorporation
Address Proof (Any 1)
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
P&L Account and ITR for the previous 2 years
Bank Statement
Previous 6 Months
Business Continuity Proof
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.
How to Get the Best Car Loan Interest Rates in Mullana
How to Apply for Car Loan in Mullana?
Which Bank in Mullana Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Mullana
Processing Fees / Prepayment Charges on Car Loan Mullana
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 Mullana
Car Loan Mullana Contact Number
Pre Calculated EMI Table for Car Loan Mullana
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 Mullana
Mullana is a village of Ambala district in Indian state Haryana. The Banks and NBFCs are also willing to process the Car Loans in Mullana as more as possible. Visit dialabank and get assistance as soon as possible.
Car Loan Banks In Mullana
Bank Name | Bank Address | IFSC Code |
HDFC BANK | HDFC BANK LTD VPO- MULANA, DISTRICT -AMBALA, AMBALA HARYANA 133203 | HDFC0003247 |
IDBI BANK | IDBI BANK LTD.,41,ANAJ MANDI,MULLANA,DISTT.AMBALA,STATE-HARYANA,PIN CODE-133203 | IBKL0001303 |
PUNJAB AND SIND BANK | MULLANA, DISTT. AMBALA , HARYANA – 133203 | PSIB0000015 |
STATE BANK OF INDIA | MAHARISHI MARKANDESHWAR UNIVERSITY,MULLANA,DISTAMBALA133203 | SBIN0011843 |
AXIS BANK | GROUND FLOOR, KHEWAT NO. 123 MIN, KHATUNI NO. 159 MIN, KHASRA NO. 321612 (1-3), KHEWAT NO. 221 MIN, VILLAGE KALPI – 133104, HADHBAST NO. 136, TEHSIL MULLANA, DISTT. AMBALA, HARYANA | UTIB0001758 |
FAQ’s About Mullana Car Loan
✅ For just a pre-approved auto loan, what is the maximum loan amount and term?
The credit limit sum and term will be determined by the available offer. You can get a lesser loan amount or a shorter loan term based on the cost of the car. If the car’s on-road price is within the range of the offer amount, you can acquire a loan for up to 100% of the car’s on-road price.
✅ Will it be feasible to get a loan on my existing car?
Absolutely, numerous banks will issue you a mortgage on the present car if you’ve got a good payment history with the mortgage provider.
✅ Will it be feasible to get a loan on my existing car?
Absolutely, numerous banks will issue you a mortgage on the present car if you’ve got a good payment history with the mortgage provider.