Car Loan Raebareli

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 8.50%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Best Banks for Car Loan in Raebareli

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate
8% - 8.4 %
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
Upto 90% on Ex- showroom

Car Loan Raebareli Features

car loan RaebareliThinking of buying your luxurious dream car? But don’t have enough money for it? Worry not! DialaBank has you covered through a car loan in Raebareli. A car loan is a means of funding your dream car provided by banks and NBFCs to applicants at an affordable rate of interests throughout the country to cater to your needs. Since the cost of cars is growing rapidly daily a car loan is very important and fulfils your desire to be the owner of a luxurious car. The main features of a car loan in Raebareli are:

  • Car loans in Raebareli are available at low-interest rates
  • Car loans are easily available through DialaBank
  • Almost all major banks and NBFCs offer car loans
  • The documentation process is quick and hassle-free

Car Loan Raebareli Interest Rate

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
1%
Nil
Andhra Bank Car Loan
Nil
Nil

 

To check Personal Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Car Loan Raebareli Documents Required

The essential documents required to get a car loan approved in Raebareli are as follows:

  1. Identity Proof: any one from Passport copy, PAN Card, Voters ID card, Driving License
  2. Income ProofFor Salaried– essential Latest 3-month salary slip with form 16 / For Self Employed- Latest ITR proof
  3. Address Proof: any one from Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months to be submitted.

Car Loan Raebareli Eligibility Criteria

The car loan eligibility requirements are as followed in Raebareli:

  1. The minimum age requirements are 21 years for salaried individuals and 30 years in case of a self-employed
  2. The applicants should not be more than 60 and 65 years for salaried and self-employed respectively as at the time of the completion of the loan tenure.
  3. The salaried individuals should have a minimum of 1-year experience in current employment and a minimum of 2 years of employment from the past / For Self Employed- at least 3 years in operating business
  4. Minimum Annual Income: For Salaried Rs 100000 net annual income / For Self- Employed Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
  5. Usually getting a car loan is easier when the applicant possesses a CIBIL score of 750 and above which is an essential factor required for the loan approval in Raebareli.

How to Apply for Car Loan in Raebareli?

Availing a car loan Raebareli is an easy process with DialaBank. Follow the following steps to avail the best offers of the year:

  • Visit our website i.e dialabank.com
  • Click on the car loan option available in the menu of the loans page
  • Fill in all the details required regarding the car type and your income and other details
  • Wait as our relationship manager will soon get in touch with you regarding your loan application on your provided number
  • You may also contact our relationship managers on the number 9878981166 regarding any query of car loan
  • For availing a car loan in Raebareli offline you will be required to visit the nearest branch personally and check on the rates available that might consume a lot of time.

Processing Fees & Prepayment Charges on Car Loan Raebareli

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

CIBIL Score Required for Car Loan in Raebareli

The credit score popularly known as Cibil score is what defines your ability to pay off your past credits. A higher Credit score defines your good credit history which makes your application process smooth and easy to be processed further. Usually, most of the banks and NBFCs require a credit score of 750 and above to approve your car loan application process in Raebareli. This score may further vary from bank to bank as per requirements. In case a CIBIL score is less than the required value of the bank you will be required to pay a high rate interest rate on the loan amount.

Car Loan Raebareli Contact Number

In case of any queries regarding car loan in Raebareli, you may contact on the number 9878981166 for any sort of assistance.

Pre Calculated EMI Table for Car Loan Raebareli

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 Raebareli

Raebareli is a city and a municipal board situated in the Indian state of Uttar Pradesh. It is also the administrative headquarters of Raebareli district and a part of Lucknow Division. The city is situated on the banks of the Sai river, 82 km southeast of the city of Lucknow.

Car Loan EMI Calculator

Share This

Menu