Best Banks for Car Loan in Navsari

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate (p.a.)
7.35% – 7.95 %
8.5 – 9.5 %
11%
Min Loan Amt
Metro : 1 Lac & Non Metro: 75000
75000
75000
Max Loan Amt
1 Cr
1 Cr
1 Cr
Loan Tenure
Upto 7 Years
Upto 5 Years
Upto 5 Years
Processing Fee
1999 – 4999 + Tax
0.25% to 1.50%
0.25% to 1.50%
Preclosure Chgs
2%, Nil after 24 months
2%, Nil after 36 months
Nil
Loan to Value (LTV)
Upto 100% on Ex- showroom
Upto 95% on Ex- showroom
Upto 90% on Ex- showroom

Car Loan Navsari Features

car loan navsari

Growing in a city like Navsari, having your own car must be one of your dreams. But if you don’t have the funds required to get one, you have just come to the right place! Dialabank is here to provide you with the best rates to get car loans for both brand-new and used cars. With us, you can get access to many features of car loans in Navsari such as: –

  • Car loans are available at low-interest rates, which may vary from bank to bank so make sure you compare and choose wisely!
  • Almost all banks and NBFCs present offer car loans in Navsari.
  • The documentation process is quick and hassle-free, so we can help you fulfil your dream with great efficiency.
  • Car loans are easily available through DialaBank.

Car Loan Navsari Interest Rate

Bank Processing Fee
Prepayment Charges
HDFC Bank Car Loan (1999 – 4999) + Tax
2%, Nil foreclosure charges after 24 months
Axis Bank Car Loan 1 % to 2.50% Nil
ICICI Bank Car Loan 0.25% to 1.50%
2%, Nil foreclosure charges after 36 months
SBI Car Loan 500/- to 0.50% Nil
Kotak Car Loan 1% to 2%
2.25% of fore closure amount if closed 1 month ahead of the tenure.
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 Navsari Documents Required

The documents required to get a car loan approved in Navsari are as follows:

  1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income ProofFor Salaried– Latest 3-month salary slip with form 16 / For Self Employed- Latest ITR proof
  3. Proof of Address:  Driving license / Voters card /Ration card / Telephone Bill / Electricity Bill /Passport Copy / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months.

Apply for a Car Loan

Car Loan Navsari Eligibility Criteria

The requirements are as follows for  car loan eligibility  in Navsari:

  1. Minimum age requirement: 21 years for salaried individuals and 30 years in case of a self-employed
  2. Maximum age requirement at loan maturity: 60 and 65 years for salaried and self-employed individuals
  3. Minimum employment: Salaried People- a minimum of 2 years of total employment experience and 1 year in current employment. For Self Employed– at least 3 years in business
  4. Minimum Annual Income: For Salaried Rs 100000 net annual income / For Self- Employed Net profit Rs.100000 p.a. for mid-sized and premium cars, and Rs. 60000 p.a for standard cars.

Car Loan for Major Car Manufacturers in Navsari

TABLE WILL APPEAR

Processing Fees & Prepayment Charges on Car Loan Navsari

Category Details
Processing Charges
1999 – 4999 + Tax
Prepayment
No prepayment is allowed until 12 EMIs are paid
Preclosure
No foreclosure is allowed until 12 EMIs are paid
Prepayment Charges
13-24 months: 2% of loan principal outstanding
>36 months: Nil Charges
Stamp Duty
As per state laws
Cheque Bounce Chgs
₹ 550/chq + GST
Floating Rate of Interest Not Applicable
Overdue EMI Interest
2% p.m.(on overdue amount)
Amortisation Schedule Chgs Rs 200 + GST

CIBIL Score Required for Car Loan in Navsari

The CIBIL score is what defines your ability to pay off your loans conveniently and is based on your repayment history of the previous loans availed. A higher Credit score defines a good credit history and makes your car loan application process smooth and easy for being processed, while a lower score has the exact opposite effect.

Mostly, banks and NBFCs regard a credit score of 750 and above as a good credit score to approve your car loan application process in Navsari, but this score may again vary from bank to bank.

Car Loan Navsari Contact Number

In case of any queries regarding a car loan in Navsari, you may contact us on the number 9878981166 for trustworthy assistance.

Pre Calculated EMI Table for Car Loan Navsari

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 Navsari

Navsari, located in the state of Gujarat, is also known as the twin city of Surat. It is famous for being a site of the famous Dandi March, and also for landmarks such as the Dudhiya Talav Lake, Sarbatiya Talav Lake and the Jamshed Baug. Its population is around 1.7 lakhs.

Car Loan EMI Calculator

Table of Contents

Car Loan Navsari

Best Banks for Car Loan in Navsari

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate (p.a.)
7.35% – 7.95 %
8.5 – 9.5 %
11%
Min Loan Amt
Metro : 1 Lac & Non Metro: 75000
75000
75000
Max Loan Amt
1 Cr
1 Cr
1 Cr
Loan Tenure
Upto 7 Years
Upto 5 Years
Upto 5 Years
Processing Fee
1999 – 4999 + Tax
0.25% to 1.50%
0.25% to 1.50%
Preclosure Chgs
2%, Nil after 24 months
2%, Nil after 36 months
Nil
Loan to Value (LTV)
Upto 100% on Ex- showroom
Upto 95% on Ex- showroom
Upto 90% on Ex- showroom

Car Loan Navsari Features

car loan navsari

Growing in a city like Navsari, having your own car must be one of your dreams. But if you don’t have the funds required to get one, you have just come to the right place! Dialabank is here to provide you with the best rates to get car loans for both brand-new and used cars. With us, you can get access to many features of car loans in Navsari such as: –

  • Car loans are available at low-interest rates, which may vary from bank to bank so make sure you compare and choose wisely!
  • Almost all banks and NBFCs present offer car loans in Navsari.
  • The documentation process is quick and hassle-free, so we can help you fulfil your dream with great efficiency.
  • Car loans are easily available through DialaBank.

Car Loan Navsari Interest Rate

Bank Processing Fee
Prepayment Charges
HDFC Bank Car Loan (1999 – 4999) + Tax
2%, Nil foreclosure charges after 24 months
Axis Bank Car Loan 1 % to 2.50% Nil
ICICI Bank Car Loan 0.25% to 1.50%
2%, Nil foreclosure charges after 36 months
SBI Car Loan 500/- to 0.50% Nil
Kotak Car Loan 1% to 2%
2.25% of fore closure amount if closed 1 month ahead of the tenure.
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 Navsari Documents Required

The documents required to get a car loan approved in Navsari are as follows:

  1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income ProofFor Salaried– Latest 3-month salary slip with form 16 / For Self Employed- Latest ITR proof
  3. Proof of Address:  Driving license / Voters card /Ration card / Telephone Bill / Electricity Bill /Passport Copy / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months.

Apply for a Car Loan

Car Loan Navsari Eligibility Criteria

The requirements are as follows for  car loan eligibility  in Navsari:

  1. Minimum age requirement: 21 years for salaried individuals and 30 years in case of a self-employed
  2. Maximum age requirement at loan maturity: 60 and 65 years for salaried and self-employed individuals
  3. Minimum employment: Salaried People- a minimum of 2 years of total employment experience and 1 year in current employment. For Self Employed– at least 3 years in business
  4. Minimum Annual Income: For Salaried Rs 100000 net annual income / For Self- Employed Net profit Rs.100000 p.a. for mid-sized and premium cars, and Rs. 60000 p.a for standard cars.

Car Loan for Major Car Manufacturers in Navsari

TABLE WILL APPEAR

Processing Fees & Prepayment Charges on Car Loan Navsari

Category Details
Processing Charges
1999 – 4999 + Tax
Prepayment
No prepayment is allowed until 12 EMIs are paid
Preclosure
No foreclosure is allowed until 12 EMIs are paid
Prepayment Charges
13-24 months: 2% of loan principal outstanding
>36 months: Nil Charges
Stamp Duty
As per state laws
Cheque Bounce Chgs
₹ 550/chq + GST
Floating Rate of Interest Not Applicable
Overdue EMI Interest
2% p.m.(on overdue amount)
Amortisation Schedule Chgs Rs 200 + GST

CIBIL Score Required for Car Loan in Navsari

The CIBIL score is what defines your ability to pay off your loans conveniently and is based on your repayment history of the previous loans availed. A higher Credit score defines a good credit history and makes your car loan application process smooth and easy for being processed, while a lower score has the exact opposite effect.

Mostly, banks and NBFCs regard a credit score of 750 and above as a good credit score to approve your car loan application process in Navsari, but this score may again vary from bank to bank.

Car Loan Navsari Contact Number

In case of any queries regarding a car loan in Navsari, you may contact us on the number 9878981166 for trustworthy assistance.

Pre Calculated EMI Table for Car Loan Navsari

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 Navsari

Navsari, located in the state of Gujarat, is also known as the twin city of Surat. It is famous for being a site of the famous Dandi March, and also for landmarks such as the Dudhiya Talav Lake, Sarbatiya Talav Lake and the Jamshed Baug. Its population is around 1.7 lakhs.

Car Loan EMI Calculator