Car Loan Piduguralla

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Car Loan Piduguralla

Best Banks for Car Loan in Piduguralla


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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


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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


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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


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Car Loan Piduguralla Fees and Charges: Leading Banks – May 27 2022

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


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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.


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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


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Which Bank in Piduguralla Offers the Best Car Loans?

Many banks, including HDFC, ICICI, 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
>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


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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.


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Car Loan Piduguralla Contact Number

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


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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

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.