Car Loan Pimpri

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 Pimpri

Best Banks for Car Loan in Pimpri


car loan

Car Loan Pimpri 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

Car Loan Pimpri


car loan

Car Loan Pimpri 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

Car Loan Pimpri EMI Calculator

Car Loan Pimpri 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

Car Loan Pimpri Fees and Charges: Leading Banks – May 28 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


car loan

Car Loan Pimpri 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.


car loan

How to Get the Best Car Loan Interest Rates in Pimpri

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

  • Compare different lenders – Every lender offers various types of schemes. Be sure you do thorough 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 repayment, and lenders take this into consideration when setting interest rates.

How to Apply for a Car Loan in Pimpri?

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

  • Visit 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.
  • For availing of a car loan offline, you will have to go to the respective branch and enquire about the loan.


car loan

Which Bank in Pimpri Offers the Best Car Loans?

Many banks including HDFC, ICICI, and SBI, offer vehicle loans here. The best 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 possible.

Car Loan for Major Car Manufacturers in Pimpri

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Pimpri

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


car loan

CIBIL Score Required for Car Loan in Pimpri

The CIBIL score is what defines your ability to pay off your debts. A high credit 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 decent score to approve your loan application process in Pimpri.


car loan

Car Loan Pimpri Contact Number

 Dial 9878981166 for any assistance on car loans.


car loan

Pre Calculated EMI Table for Car Loan Pimpri

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 Pimpri

Pimpri is a suburb of Pune city in Maharashtra state. It is very beneficial for an individual to take a loan from Dialabank, all you have to do is to visit the Dialabank website and get relevant details quickly on the go.


car loan

Car Loan Banks in Pimpri

Bank Name Bank Address IFSC Code
ANDHRA BANK SUNSHINE MARKS, UNIT NO 1,2,3 CTS NO 4840 MUMBAI PUNE HIGHWAY ROAD, PIMPRI ANDB0001117
BANK OF BARODA SSI PIMPRI BRANCH, MUMBAI PUNE RD, OPP. KSB PUMPS, PIMPRI, PUNE,411018 BARB0SSIPIM
DENA BANK PNO78, BHOSLE BLDG, MUMBAI PUNE, PIMPRI CHINCHWAD, PUNE411019 BKDN0510637
IDFC BANK LIMITED LOWER GROUND FLOOR, UNIT NO. 19-20-21, BUILDING NO.B, JEWEL OF PRIMPRI PREMISE CHS LTD, OPP PCMC OFFICE, ON OLD MUMBAI PUNE HIGHWAY, PIMPRI, PUNE 411018, TOLL-FREE NO 18004194332 IDFB0041356
ORIENTAL BANK OF COMMERCE JHAMTANI CHAMBERS, 1ST FLOOR, MUMBAI PUNE ROAD, PIMPRI, PIMPRI ORBC0100218
STATE BANK OF INDIA KASARWADI, P.B.NO.1, PUNE-411034 SBIN0000575

FAQ’s About Pimpri Car Loan

Which car can I get with a car loan?

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

✅ Which options do I have for repaying my car loan?

Standing Instruction, Electronic Clearing Service, and Post-Dated Cheques are some ways of repaying your loan.

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

The car you are going to purchase or any other valuable stuff can be pledged as collateral.

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.