Best Banks for Car Loan in Pukhrayan
Car Loan Pukhrayan
Car Loan Pukhrayan Eligibility Criteria
The car loan eligibility requirements are as follows in Pukhrayan:
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 Pukhrayan EMI Calculator
Car Loan Pukhrayan Fees & Charges
7.35% per annum
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 Pukhrayan Fees and Charges : Leading Banks – Apr 25 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 Pukhrayan Documents Required
Documents required for a car loan are as follows:
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 Pukhrayan
Follow the steps below to get the most excellent interest rates in Pukhrayan:-
- Most car loan applicants choose unusually extended payback terms, which results in much higher interest payments. Short-term loans have a low-interest rate and can work out well for the borrower.
- Because taking out a loan is such a significant financial choice, it’s critical to properly investigate all of the banks and their offerings to choose a plan with the best interest rate and a payback time that works for you.
- Because the lender does not have to worry about you not being able to repay the loan, a low debt-to-income ratio increases your chances of securing a loan. After all, your earnings are already being utilised to repay a previous loan.
How to Apply for a Car Loan in Pukhrayan?
- Visit Dialabank website.
- From the vehicle loan options, select a car loan.
- After you’ve settled on a car loan, fill out the form.
- In less than a minute, one of our consultants will contact you.
- Then you can on to the next stage.
Which Bank in Pukhrayan Offers the Best Car Loans?
Car loans are available from several lenders in Pukhrayan, including HDFC, Private, and SBI. The best suitable lender will be able to give you the required loan amount at the lowest possible interest rate and disburse the funds as soon as possible. As a result, it’s always a good idea to compare auto loans before applying for one that meets all of your criteria, such as interest rates.
Car Loan for Major Car Manufacturers in Pukhrayan
TABLE WILL APPEAR
Processing Fees & Prepayment Charges on Car Loan Pukhrayan
To know the processing charges and Pre-payment charges of car loan Pukhrayan, look at the below table:
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 Pukhrayan
When applying for a loan, the CIBIL score is crucial. You will be accepted for a loan quickly if your CIBIL score is between 750 and 900. If your CIBIL score is less than 700, however, your application will be waiting. Therefore, check your CIBIL score before applying for a loan. Your CIBIL score will steadily increase if you pay off your loans on time.
Car Loan Pukhrayan Contact Number
Call 9878981166 for any queries on car loans.
Pre Calculated EMI Table for Car Loan Pukhrayan
Check here for Pre calculated EMI table for a car loan.
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 Pukhrayan
Pukhrayan is a town and a municipality in the Kanpur Dehat district of Uttar Pradesh, India. Pukhrayan is 2 kilometres (1.2 miles) from Bhognipur and is located on National Highway 25 to the southwest of Mati.
Car Loan Banks in Pukhrayan
Bank Name | Bank Address | IFSC code |
ALLAHABAD BANK | RAM SWAROOP GRAM UDYOG PG COLLEGE, PUKHRAYAN, KANPUR DEHAT, UP- 209111 | ALLA0213038 |
BANK OF BARODA | PUKHARAYAN, KANPUR DEHAT – 209111 | BARB0PUKHRA |
CENTRAL BANK OF INDIA | BIRENDRA SINGH YADAV,MAIN ROAD, RAJENDRA NAGAR, PUKHRAYAN-209111, KANPUR DEHAT,U P | CBIN0284500 |
HDFC BANK | HDFC BANK LTD OPP SBI PUKHRAYA RAMABAINAGAR KANPUR DEHAT UTTAR PRADESH 209111 | HDFC0004068 |
IDBI BANK | NTOOTUNROURYNTONURTNURTN209111 | IBKL0002106 |
STATE BANK OF INDIA | DISTKANPUR DEHAT UTTAR PRADESH 209111 | SBIN0005394 |
SYNDICATE BANK | PLOT NO 377,WARD NO 3 SHASTRI NAGAR PUKHRAYAN PUKHRAYAN UTTAR PRADESH INDIA 209111 | SYNB0009232 |
UCO BANK | NEAR H.P GAS ,P.O- MALASA, THE BHOGNIPURPUKHRAYAN DIST- KANPUR DEHAT | UCBA0003289 |
FAQs about Pukhrayan Car Loan
✅ What happens if I don’t repay the loan promptly?
If you do not make your EMI payments, the bank will seize and sell your vehicle to recuperate its losses.
✅ When the last EMI is paid, what should the borrower do?
When the loan is paid off, the bank provides typically the borrower a Form 35 and NOC, which they must present to the nearest RTO for the lender’s name to be removed from the RC.