Car Loan Piduguralla

Best Banks for Car Loan in Piduguralla

Car Loan Piduguralla Features

⍟ Loan Approval in 30 Minutes
⍟ Lowest Rate of Interest
⍟ Up to 100% on Road Loan
⍟ Minimum Documentation
⍟ Paperless Process
⍟ Flexible Repayment
⍟ Zero Foreclosure
⍟ 24 x 7 Online Payment Facility
⍟ No Hidden Charges

Bring your dream of buying a car to reality with a car loan. It is a simple and easy loan with instant disbursal. Avail of the car loan and enjoy joy rides in your own car.

Car Loan Piduguralla

Car Loan Piduguralla Eligibility Criteria

Salaried Individual	Age – 21 years to 60 years Net Monthly Income – Minimum ₹ 20,000 Employment Duration – 1-year minimum Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals	Age – 21-65 years of age Minimum ITR – Rs.2 lakh Employment Duration – Minimum 3 years Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)	Minimum ITR – Rs. 2 lakh Employment Duration – 3 years minimum The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers	At least 6-month vintage Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarters

Car Loan Piduguralla EMI Calculator

Car Loan Piduguralla Fees & Charges

Charges	New Car Loan	Used Car Loan
Interest Rate	7.35% per annum	11.80% p.a. to 13.80% p.a.
Car loan Processing fees	0.5%	0.5%
Issuance of Duplicate Repayment Schedule Charges	Around Rs.500	Around Rs.500
Foreclosure Charges	0.06	0.06
Penal Interest	2% PM	2% PM
Car loan Part Payment charges	6% of the amount	6% of the amount
Cheque/Instrument Swap Charge	Around Rs.500	Around Rs.500
Documentation Charge	Around Rs. 500	Around Rs. 500
Issuance of Duplicate No Dues Certificate Charges	Around Rs. 500	Around Rs. 500
Registration Certification Collection Charge	Around Rs. 200	Around Rs. 200
Cheque Bounce/Instrument Return Charges	Around Rs. 500	Around Rs. 500
Issuance of Duplicate Statement Charges	Around Rs. 500	Around Rs. 500
Loan Cancellation/Re-booking Charges	Around Rs. 1000	Around Rs. 1000
Issuance of Credit Report	Around Rs. 50	Around Rs. 50

Car Loan Piduguralla Fees and Charges: Leading Banks – Apr 25 2024

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
Private 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 Piduguralla Documents Required

Salaried Individual

Category	Documents Required
Identity Proof (Any 1)	Passport Voter ID Aadhar Card Driving License
Address Proof (Any 1)	Aadhar Card PAN Driving License Electricity Bill
Date of Birth Proof(Any 1)	Passport Birth Certificate High School Marksheet Driving Licence
Signature Proof(Any 1)	PAN Bankers Verification Passport
Income Proof	Salary Slip and latest Form No.16
Bank Statement	Last 6 month Bank statement
Employment Continuity Proof	Job card by NREGA ITR of Form no. 16 Salary Slip mentioned with joining date Letter of Appointment

Self-Employed Individuals

Category	Documents Required
Identity Proof (Any 1)	PAN Card Passport Voter ID Aadhar Card
Address Proof (Any 1)	PAN Card Voter ID Passport Electricity Bill
Date of Birth Proof (Any 1)	Birth Certificate Passport Driving Licence PAN
Signature Proof (Any 1)	PAN Bankers Verification Passport
Bank Statement	Bank statement of last 6 months
Employment Continuity Proof	Latest ITRs Shop & Establishment Act Certificate Shop & Establishment Act Certificate Sales Tax or VAT Certificate
Business Proof	Registration Certificate Telephone Bill/Electricity Bill Shop & Establishment Act Certificate SSI or MSME Registration Certificate

Self-Employed Non-Individuals:

1. Partnership Firms/Societies

Category	Documents Required
Identity Proof (Any 1)	Driving Licence PAN Card Aadhar Card Passport
Address Proof (Any 1)	Electricity Bill/Telephone Bill Aadhar Card Driving License Voter ID
Income Proof	Audited Balance Sheet P&L Account ITR for the previous 2 years
Bank Statement	Last 6 month
Business Continuity Proof	Company ITR of the last 2 years Audited Balance Sheet TAX registration Certificate Current Account Statement
Additional documents	Letter of Authority or PAN Card

2. Private Limited/Limited Companies

Category	Documents Required
Identity Proof	The latest copy of MOA and AOA Copy of Incorporation
Address Proof (Any 1)	SSI/MSME Registration Certificate Telephone Bill Electricity Bill Shop & Establishment Act Certificate Sales Tax Certificate
Income Proof	Audited Balance Sheet P&L Account and ITR for the previous 2 years
Bank Statement	Previous 6 Months
Business Continuity Proof	P&L account and ITR of the Company of the past 2 years Audited Balance Sheet Shop & Establishment Act Certificate
Additional documents	List of Shareholding partners and Directors Board Resolution PAN Card Certificate of Commencement of Business for Ltd. Co.

How to Get the Best Car Loan Interest Rates in Piduguralla

The interest rates on vehicle loans offered by different lenders in Piduguralla may vary, but they are all reasonable and competitive. If you want to get a car loan in Piduguralla with the lowest interest rate, follow the steps below:

Choose a short EMI period– Make sure you choose a short EMI payment tenure, as it can help you avail of better interest rates.
Compare different lenders and their offers – Every lender offers various types of schemes. Make sure you do detailed research before choosing the loan.
Maintain a good debt-to-income ratio – The debt-to-income ratio indicates how much of an applicant’s income goes toward loan EMI repayment, and lenders take this into consideration when setting interest rates.
Maintain a good credit score — Lenders consider a credit score of above 750 to be healthy, as such a score indicates that you have a good repayment habit. You can use the Dialabank free credit score calculator for the same.

How to Apply for a Car Loan in Piduguralla?

Availing of a car loan in Piduguralla is an easy process with Dialabank. Few steps to be followed are:

Go to our website Dialabank.
Choose the car loan option.
Provide the details of the car and your income details.
Our relationship manager will soon call you on your mobile number.
You can also call our relationship managers on 9878981166

Which Bank in Piduguralla Offers the Best Car Loans?

Many banks, including HDFC, Private, and SBI, offer vehicle loans here. The perfect lender is one that can provide you with the loan amount you need at a suitable interest rate and can hand out the funds as quickly as feasible.

Car Loan for Major Car Manufacturers in Piduguralla

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Piduguralla

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
Prepayment Charges	>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 Piduguralla

A high CIBIL score means healthy repayment history which in turn makes your Car Loan application process smooth. Mostly, banks and NBFCs consider a credit score of 750 and above as a healthy score to approve your loan application process in Piduguralla. This score required varies from bank to bank.

Car Loan Piduguralla Contact Number

You may contact on the number 9878981166 for any car loan related assistance.

Pre Calculated EMI Table for Car Loan Piduguralla

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 Piduguralla

It is a place in the Guntur district of Andhra Pradesh, India. Car loans are efficient and convenient loans for purchasing cars or maintaining them easily

Car Loan Banks in Piduguralla

Bank Name	Bank Address	IFSC Code
ANDHRA BANK	D NO15 218 219 MAIN ROAD PIDUGURALLA	ANDB0CG7034
ANDHRA BANK	NEAREST DNO 6 262 2 KAREMPUDI ROAD JANAPADU PO PIDUGURALLA MANDALA GUNTUR DIST 522413	ANDB0CG7077
ANDHRA BANK	GROUND FLOOR 5 65 MAIN ROAD BRAHMANAPALLI PO PIDUGURALLA MANDAL GUNTUR DIST 522437	ANDB0CG7078
THE ANDHRA PRADESH STATE COOPERATIVE BANK LIMITED	PIDUGURALLA 522413	APBL0007026
CENTRAL BANK OF INDIA	DOOR NO.7 138, BEHIND GANGANNAMMA TEMPLE, ANDHRA PRADESH 522413.	CBIN0285008
HDFC BANK	HDFC BANK LTD MACHERLA ROAD PIDUGURALLA	HDFC0001624
LAXMI VILAS BANK	NO 7 406 BESIDE UBI MAIN ROAD GUNTUR VIJAYAWADA 522413	LAVB0000568
STATE BANK OF INDIA	JANAPADU ROAD, DISTT. GUNTUR, ANDHRA PRADESH 522 413	SBIN0002783
STATE BANK OF INDIA	DIST GUNTUR, A P 522437	SBIN0008815
STATE BANK OF INDIA	D.NO.7319, GUNTUR MACHERLA ROAD, OPP. GANGAMMA TEMPLE, PIDUGURALLA, GUNTUR DISTRICT, ANDHRA PRADESH 522413	SBIN0015071
UNION BANK OF INDIA	NO 7 4 07 VIGHNESHWARA COMP MAIN ROAD DIST GUNTUR	UBIN0560979
AXIS BANK	DOOR NO 7 407 1 GUNTUR RD PIDUGURALLA GUNTUR DISTRICT 522413	UTIB0002791
YES BANK	MAIN ROAD, PIDUGURALLA 522413,GUNTUR – DIST	YESB0ECUB03

FAQ’s About Piduguralla Car Loan

✅ Which cars can I get with a car loan?

Car loans can be used to buy any type of vehicle, including SUVs, MUVs, etc. You can also get a car loan to get a vehicle for professional needs.

✅ Can the car about to be purchased placed as collateral against the loan?

The car you are going to purchase or any other thing like papers of your house or gold can be produced as security.

✅ Where can I find an Interest Calculator?

You can use the EMI calculator available on Dialabank. To calculate the EMIs, enter the personal and employment details asked. The interest rate can be calculated by filling out the relevant details such as your salary, company, and work experience, depending on which interest rates will be given.