Best Banks for Car Loan in Piplod
Feature
HDFC Bank
Private 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
⍟ Loan Approval in 30 Minutes Car is a dream for every person. Overall, a car is a safe option for travelling with proper comfort and many facilities, so everyone wants to own a car. Here we make owning your car simple with the help of a car loan where just by fulfilling a few processes you can have your dream car at your home.
7.35% per annum The interest rates on vehicle loans offered by different lenders in Piplod may vary, but they are all reasonable and competitive. If you want to get a car loan in Piplod with the lowest interest rate, follow the steps below: Availing of a car loan in Piplod is an easy process with Dialabank. Few steps to be followed are: Many banks, including HDFC, Private, 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. TABLE WILL APPEAR The CIBIL score is what defines your ability to pay off your debts. A decent credit score means healthy repayment history which in turn makes your car loan application process smooth. Mostly, banks consider a score of 750+ as a decent score to approve your loan process. In case of any queries regarding the car loan in Piplod, you may contact on the number 9878981166 for any assistance. Piplod is a village of the Dahod district of Gujarat, and NH59 passes through this town. The Banks and NBFCs are also willing to process the car loans in Piplod as more as possible. 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. No, the loan amount and the interests are still due even after the borrower’s death. You can use the EMI calculator available on Dialabank. 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.
Car Loan Piplod Features
⍟ 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 Piplod Eligibility Criteria
Salaried Individual
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
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)
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
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 Piplod EMI Calculator
Car Loan Piplod Fees & Charges
Charges
New Car Loan
Used Car Loan
Interest Rate
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 Piplod Fees and Charges : Leading Banks – Apr 17 2024
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 Piplod Documents Required
Salaried Individual
Category
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)
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
Bankers Verification
Passport
Income Proof
Bank Statement
Employment Continuity Proof
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment
Self-Employed Individuals
Category
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)
Bankers Verification
Passport
Bank Statement
Employment Continuity Proof
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Self-Employed Non-Individuals:
1. Partnership Firms/Societies
Category
Identity Proof (Any 1)
Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Aadhar Card
Driving License
Voter ID
Income Proof
P&L Account
ITR for the previous 2 years
Bank Statement
Last 6 month
Business Continuity Proof
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
2. Private Limited/Limited Companies
Category
Identity Proof
Copy of Incorporation
Address Proof (Any 1)
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
P&L Account and ITR for the previous 2 years
Bank Statement
Previous 6 Months
Business Continuity Proof
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.
How to Get the Best Car Loan Interest Rates in Piplod
How to Apply for a Car Loan in Piplod?
Which Bank in Piplod Offers the Best Car Loans?
Car Loan for Major Car Manufacturers in Piplod
Processing Fees / Prepayment Charges on Car Loan Piplod
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
CIBIL Score Required for Car Loan in Piplod
Car Loan Piplod Contact Number
Pre Calculated EMI Table for Car Loan Piplod
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 Piplod
Car Loan Banks in Piplod
Bank Name
Bank Address
IFSC Code
BANK OF BARODA
BARIA ROAD, PIPLOD, DIST. DAHOD, GUJARAT – 389 130
BARB0PIPLOD
BANK OF BARODA
1 FLOOR, CHANDANI CHOWK COMPLEX, NR RELIANCE TOWNSHIP, SURAT, GUJARAT – 395 007
BARB0PIPLSU
BANK OF BARODA
PIPLOD, TAL.NIJHAR, DIST. SURAT, GUJARAT – 394 370.
BARB0PIPSUR
Private BANK LIMITED
Private BANK LTD, GROUND FLOOR, GANGA HOUSE, NR. ISKON MALL, PIPLOD-DUMAS ROAD, PIPLOD, SURAT. 395007
ICIC0000852
INDIAN OVERSEAS BANK
SANSKRRUT BUILDING, I FLOOR, OPP. ISCON MALL, DUMAS ROAD, S U R A T 395007
IOBA0001938
KOTAK MAHINDRA BANK LIMITED
SHOP NO 4 5 6 & 7 RADHIKA TOWERS DUMAS ROAD , PIPLOD SURAT , GUJRAT – 395 007
KKBK0000877
FAQ’s About Piplod Car Loan
✅ Which car can I get with a car loan in Piplod?
✅ Is a car loan forgiven in case the applicant passes away?
✅ Where can I find an Interest Calculator?