Car Loan Pathankot

I have read the Privacy Policy & Agree to Terms & Conditions and authorize Dialabank & its partner institutions to Call or SMS me with reference to my application.

Buy your dream Car

Rates as low as 7.05%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Car Loan Pathankot

Best Banks for Car Loan in Pathankot

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 Pathankot Features

car Loan PathankotWant to own a car but don’t have enough funds to purchase one?

A car loan might just be what you need to fulfil your desire and dreams.

The loan amount is offered on the very easily affordable rate of interest, which differ from one lender to another according to the city you live in.

So, if you are thinking of purchasing your own dream car, get an instant Car loan anywhere in Pathankot with DialaBank at best offers available all across the town.

Car Loan Pathankot Interest Rates

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

Apply for a Car Loan

Car Loan Pathankot Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

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

For Self Employed Individuals:

  1. Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest ITR
  3. Address Proof(anyone): 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 Pathankot Eligibility Criteria

The car loan eligibility requirements are as followed in Pathankot:

For Salaried Applicants

  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.100000 net annual income

For Self-Employed Applicants

    1. Minimum age: 21 years
    2. Maximum age at loan maturity: 65 years
    3. Minimum employment: At least 3 years in business
    4. Minimum Annual Income: Net profit Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Pathankot

TABLE WILL APPEAR Apply for a Car Loan

Processing Fees / Prepayment Charges on Car Loan Pathankot

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 Pathankot

CIBIL score is a credit value which describes your credit worth of the past repayment of loans. So, it is an important factor to keep in mind while availing or applying for a car loan in Pathankot. The CIBIL score required for car loans may keep varying from one lender to another depending on their own requirements respectively. Most banks and NBFCs accept a CIBIL score of 750 and above to process your car loan application in Pathankot. In case you have a low CIBIL score, you might be required to pay quite a heavy interest rate on the total loan amount, which is why a CIBIL score is so important.

Car Loan Pathankot Contact Number

For any queries regarding the car loan in Pathankot, you may contact on the number 9878981166 or visit the website of Dialabank.

Apply for a Car Loan

Pre Calculated EMI Table for Car Loan Pathankot

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

Car Loan EMI Calculator Pathankot

About Pathankot

Pathankot is a city in the Punjab state of India, sharing an international border, on its west, with Pakistan. The place serves as a travel hub for almost three northerly states. The city is the 6th most populous city of Punjab, after Ludhiana, Amritsar, Jalandhar, Patiala and Bhatinda, with a total population of 159,909. Pathankot also serves as an education hub for the nearby areas of Jammu & Kashmir and Himachal Pradesh wherein many rural students of these states come to Pathankot for education.

Apply for a Car Loan

Other Car Loan Cities In Punjab

Car Loan Nakodar Car Loan Mansa
Car Loan Nabha Car Loan Maur
Car Loan Mukerian Car Loan Malerkotla
Car Loan Mohali Car Loan Machhiwara