Best Banks for Car Loan in Pen
Car Loan Pen Features
Did you saw a car that you want in your parking but don’t have the needed funds for it? Don’t worry at all!
This is where Dialbank’s car loans are available to help you out. A car loan is a financial help that is given by banks and NBFC’s for a specific period of time ranging from 24 months to 60 months, for both brand new and second-hand ones.
They give significant funding for getting a car which can be on Ex-Showroom Price or On-Road Price of the car. A car loan is a secured loan with easy compensation options.
Dialabank brings you amazing offers for a car loan in Pen. We Give you the lowest rate of interest for car loans, which you won’t find anywhere else directly. Very minimum documentation is required to get a car loan. You will receive the loan approval in very little time after all the verification procedures are done.
Giving a car loan for both all types of applicants whether Self-employed or salaried people and even on new as well as used cars.
Car Loan Pen Interest Rates
Bank
Processing Fee
HDFC Bank Car Loan
(1999 - 4999) + Tax
Axis Bank Car Loan
1 % to 2.50%
Nil
Private Bank Car Loan
0.25% to 1.50%
SBI Car Loan
500/- to 0.50%
Nil
Kotak Car Loan
1% to 2%
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 Pen Documents Required
Documents required for car loan are as followed:
For Salaried Individuals:
- Proof of Identification: Passport copy, Voters ID card, PAN Card, Driving License
- Income Proof: Newest 3-month salary sheet with form 16
- Residence 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 Individuals:
- Identification Proof: Passport copy, PAN Card, Driving License, Voters ID card
- Income Proof: Latest ITR
- Address Proof (Any 1): Ration card/ Voters card / Passport Copy / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
- Bank Statement: Last 6 months.
Car Loan Pen Eligibility Criteria
The car loan eligibility requirements are as followed:
For Salaried Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: 1 year in current employment and a least of 2 years of employment
- Minimum Annual Income: Rs.100000 net annual income
For Self-Employed Applicants
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: At least 3 years in business
- Minimum Annual Income: Net profit Rs. 60000 per annum for regular cars and Rs.100000 per annum for mid-sized and superior cars
Bang here to ask for an instant car loan
Car Loan for Major Car Manufacturers in Pen
TABLE WILL APPEAR
Processing Fees/ Prepayment Charges on Car Loan in Pen
Category
Details
Processing Charges
Prepayment
Preclosure
Stamp Duty
Cheque Bounce Chgs
Floating Rate of Interest
Not Applicable
Overdue EMI Interest
Amortisation Schedule Chgs
Rs 200 + GST
Car Loan Pen Agent Contact Number
Dialabank serves as a bridge to find the most suitable option among different Banks and NBFCs by presenting you with a comprehensive and structured market comparison of many banks. The additional worries about the complex data and processes are excreted that you have to go through. So, you can make the best choice. Dialabank guides every client properly and helps in the whole car loan Pen process.
Phone us up at 9878981166 to get more data on car loans and we will give you the most useful advice to help you reach your dream easily, quickly, and efficiently.
Pre Calculated EMI Table for Car Loan Pen
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 Pen
About Pen
The pen is a town and taluka in Raigad district of the Indian state of Maharashtra. It is well-known for world-class Ganesh idols. It is the geological and educational center of Raigad district. The name of Pen is derived from the term “Pene”, which signifies ‘A place to rest’. Although no one is sure about the origin of Pen, historians think it probably dates back to the events of Buddha. The Pen Municipal Council has a population of 37,852 as per the 2011 census of India. The literacy rate of Pen city is 91.40% higher than the state average of 82.34%.
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