Who doesn’t want to have his own car? In today’s fast-moving world, an automobile has become a necessity. But not everyone can afford the heavy price for these cars. This is where car loan comes into play. A Car Loan is a secured loan with easy repayment options available through various banks.
The loan amount is offered in exchange for Interest charges on the principal amount which vary from one lender to another. Whether purchasing a new car or a used one, you may avail of a car loan for any car. The car loan requirements vary depending upon certain factors like your income. So if you are thinking of purchasing your dream car in Navi Mumbai, get an instant Car loan with DialaBank at an affordable rate of interest.
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
ICICI Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Kotak Car Loan
1% to 2%
IIFL Car Loan
Muthoot Car Loan
Manappauram Car Loan
PNB Car Loan
0.70% to 1%
Canara Bank Car Loan
Andhra Bank Car Loan
To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates
Documents required for car loan are as followed:
- Any Identity Proof: Passport, PAN Card, Voters ID card, Aadhar Card, etc.
- Income Proof For Salaried Individuals– Latest 3-month salary slip with form 16
- Any one Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statements for the last 6 months.
- ITR must have been filed for the previous 2 years for self-employed people.
Car loan eligibility criteria differ for the salaried and self-employed in the following manner:
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in current employment and a minimum of 2 years of employment.
- Least Annual Income: Rs 100000 net yearly pay.
- Minimum age: 30 years
- Maximum age at loan maturity: 65 years
- Minimum employment: At least 2 years in business
- Minimum Annual Income: Net profit Rs. 60,000 Per Annum for standard cars and Rs.1,00,000 Per Annum for mid-sized and premium cars
Applying for a car loan in Navi Mumbai is easy with DialaBank. Just visit our website at dialabank and follow the following steps:
- Click on the car loan option from the options available.
- Fill in the required details in the form as required, like name, income, etc.
- Submit the form
- You will be contacted by our car loan Relationship manager who will guide you through the further process.
You can also avail of a car loan offline by visiting the nearest branch of banks offering car loans. But that would have a drawback of limiting your option to only a single offer. It would also require you to make multiple request visits to the banks for various purposes to get your loan approved. Thus, when you think of a car loan in Navi Mumbai DialaBank is your best option available.
TABLE WILL APPEAR
Cheque Bounce Chgs
Floating Rate of Interest
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
CIBIL score is a numeric value that describes your creditworthiness of the past. So, it is an important factor to keep in mind while availing a car loan. The CIBIL score required for car loans in Navi Mumbai may vary from one lender to another due to the presence of a huge number of lenders nowadays. Most banks prefer a CIBIL score of 750 and above to process your car loan application. In case of a low CIBIL score, to get your loan sanctioned you might be required to pay a heavy interest rate on the loan amount.
For any queries regarding the car loan in Navi Mumbai, you may contact me on the number 9878981166.
Navi Mumbai is an arranged city on the west shoreline of the Indian territory of Maharashtra in the Konkan division. The city is separated into two sections, North Navi Mumbai and South Navi Mumbai, for the individual improvement of Panvel Mega City, which incorporates the territory from Kharghar to Uran.
Car Loan EMI Calculator
To check Car Loan EMI you can visit: Online Car Loan EMI Calculator
Table of Contents
- 1 Best Banks for Car Loan in Navi Mumbai
- 2 Car Loan Navi Mumbai Features
- 3 Car Loan Navi Mumbai Interest Rate
- 4 Car Loan Navi Mumbai Documents Required
- 5 Car Loan Navi Mumbai Eligibility Criteria
- 6 How to Apply for Car Loan in Navi Mumbai?
- 7 Car Loan for Major Car Manufacturers in Navi Mumbai
- 8 Processing Fees & Prepayment Charges on Car Loan Navi Mumbai
- 9 CIBIL Score Required for Car Loan in Navi Mumbai
- 10 Car Loan Navi Mumbai Contact Number
- 11 Pre Calculated EMI Table for Car Loan Navi Mumbai
- 12 About Navi Mumbai
- 13 Car Loan EMI Calculator