Car Loan Munger

Best Banks for Car Loan in Munger

Car Loan Munger Features

A car loan is a financial aid provided by banks and NBFC’s to fulfil your dream of having your own car. They provide the required necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car. Car Loan is a secured loan with easy repayment options available in the form of EMIs. The loan amount is offered on Interest charges which vary from lender to lender. For getting your dream car Car loan is the best option available. Car loan like any other loan requires certain eligibility criteria to be fulfilled before your application gets approved.

Car Loan Munger Interest Rate

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

Car Loan Munger Documents Required

1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
2. Income Proof: For Salaried– Latest 3-month salary slip with form 16 / For Self Employed- Latest ITR
3. Address Proof: 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 Munger Eligibility Criteria

The eligibility criteria for salaried applicants in Munger is as follows:

1. Minimum age: 21 years
2. Maximum age at loan maturity: 60 years
3. Minimum employment: For Salaried- 1 year in current employment and a minimum of 2 years of employment
4. Minimum Annual Income: For Salaried Rs 100000 net annual income

For self-employed applicants the car loan eligibility is as follows:

1. Minimum age: 30 years
2. Maximum age: 65 Years
3. Minimum Employment:  at least 3 years in business
4. Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars

How to Apply for Car Loan in Munger?

There are mainly two ways in which you can apply for a car loan in Munger:

• Online process: The process of applying for a car loan is easy with DialaBank. You just have to visit the site and fill the “Get the Best Offer”, you will be contacted by our relationship manager on your provided contact number. The manager will guide you through the process and will introduce to the best deals available in the market as per your needs.
• Offline process: The offline process of applying for a car loan can be hectic and tiresome. You will have to make multiple visits to your lender before your application gets approved.

Thus, DialaBank is your best agent when thinking of a car loan in Munger. The process is simple and hassle-free when applied through DialaBank that makes your overall experience a great one.

Processing Fees & Prepayment Charges on Car Loan Munger

CIBIL Score Required for Car Loan in Munger

A CIBIL score is a score that describes your ability to repay your past loans efficiently and effectively. The minimum CIBIL score requirement for car loans in Munger vary from one bank to bank. So, maintaining a good CIBIL score is very important if you want to avail a car loan. Majorly the lending institutes accept a 750+ score to process your car loan but these may be higher or lower depending upon the individual requirements of the banks and NBFCs.

Car Loan Munger Contact Number

You may contact on the number 9878981166 to apply for your car loan in Munger or in case of any queries regarding the car loan process.

Pre Calculated EMI Table for Car Loan Munger

About Munger

Munger is a twin city and a Municipal Corporation located in Bihar, India. It is the administrative headquarters of Munger district and is the 11th largest city of Bihar by population. Historically, Munger is known for being an ancient seat of rule.

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