Car Loan Nagpur

Best Banks For Car Loan in Nagpur

Car Loan Nagpur Features

A car loan is a deal, that helps the person to buy their favorite car without worrying about the payments. Dialabank provides a deal that allows the person to pay the cost of the car in partition rather than paying it at once. It is the best way to drive your dream car home.

A car loan is one of the secured loans where an applicant gets a loan amount from the bank and NBFC’s at some rates of interest for a given period. An applicant can use this amount of loan to buy a car.

Some of the features are:

• Easy monthly repayment options
• Instantly available
• Loan Tenure period varies from 1-7 years
• Affordable interest Rates
• No hidden charges
• Quick approval with minimum documentation

Car Loan Nagpur Interest Rate

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

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Car Loan Nagpur Documents Required

For Salaried:-

• Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
• Income Proof: Latest 3-month salary slip with form 16
• Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 6 months.

For Self Employed:-

• Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
• Income Proof: Latest ITR
• Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
• Bank Statement: Last 6 months.

Car Loan Nagpur Eligibility Criteria

For Salaried:-

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 1,00,000 net annual income

For Self-Employed:-

1. Minimum age: 21 years
2. Maximum age at loan maturity: 65 years
3. Minimum employment: at smallest 3 years in sales
4. Minimum Annual Income: Net profit Rs. 60,000 p.a for regular cars and Rs.1,00,000 p.a. for mid-sized and superior cars

How to Apply for Car Loan in Nagpur?

Applying for a car loan with Dialabank is an easy process. Follow the steps to apply for a car loan:

• Visit our website Dialabank
• Click on the auto loan option and select the car loan option on the menu.
• Fill out the form with the necessary details of your loan requirements.
• Wait for our team of experts to reach to get in touch with you.
• You can also visit the nearest branch or call on 9878981166.

Car Loan for Major Car Manufacturers in Chandigarh

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Processing Fees / Prepayment Charges on Car Loan Nagpur

CIBIL Score Required for Car Loan in Nagpur

CIBIL score is what describes your creditworthiness of the past. So, it is an important aspect to consider while availing a car loan. The CIBIL score required for car loans may vary from one lender to another. Most banks accept a CIBIL score of 750 and above to process your car loan application. In case of a low CIBIL score, you might be required to pay a heavy interest rate on the loan amount.

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Car Loan Nagpur Contact Number

For any queries regarding the car loan in Nagpur, you can contact us on 9878981166 and we will help you out in getting the best loan for you.

Pre Calculated EMI Table for Car Loan Nagpur

About Nagpur

Nagpur is the third-largest city in the state of Maharashtra. Nagpur is also known as the orange city as it is a major trade center for oranges. Nagpur is the 13th largest city by population. The city ranks 31st out of 111 cities in India in the Ease of Living Index.

Nagpur is famous for its oranges. Other attractions in Nagpur include Ambazari Lake, Deekshabhoomi, Maharaja bagh zoo, Raman science center, and planetarium, and Sitabuldi fort.

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

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Car Loan EMI Calculator Nagpur