Car Loan Rajkot

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 Rajkot

Best Banks for Car Loan in Rajkot

Private Bank
Kotak Mahindra Bank
Interest Rate (p.a.)
7.35% - 7.95 %
8.5 - 9.5 %
Min Loan Amt
Metro : 1 Lac & Non Metro: 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
Loan to Value (LTV)
Upto 100% on Ex- showroom
Upto 95% on Ex- showroom
Upto 90% on Ex- showroom

Car Loan Rajkot Features

Car Loan RajkotA car loan is what allows an individual to fulfill his dreams of owning his own car. Almost the prices of cars have accelerated in recent years, a car loan is not needed earlier. All major banks and NBFCs offer car loans in Rajkot at affordable and best interest rates and easy documentation. The main car loan features are as follows:

  • minimum or least documentation
  • Low-interest rates
  • Quick and instant Disbursal of loan

Car Loan Rajkot 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
Private 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

Apply for a Car Loan

Car Loan Rajkot Documents Required

Documents required for car loan are as followed:

For Salaried:-

  • Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
  • Income Proof: Latest 3-month salary slip with form 16
  • Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
  • Bank Statement: Last 6 months.

For Self Employed:-

  • Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
  • Income Proof: Latest ITR
  • Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
  • Bank Statement: Last 6 months.

Car Loan Rajkot Eligibility Criteria

The car loan eligibility requirements are as followed in Rajkot:

For Salaried:-

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: 1 year in current employment and a minimum of 2 years of employment
  4. Minimum Annual Income: Rs 1,00,000 net annual income

For Self-Employed:-

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: at smallest 3 years in sales
  4. Minimum Annual Income: Net profit Rs. 60,000 p.a for regular cars and Rs.1,00,000 p.a. for mid-sized and superior cars

How to Apply for Car Loan in Rajkot?

Applying for a car loan  Rajkot has been made easy with DialaBank.

  • Visit Dialabank website.
  • Go to the loan section and select an auto loan followed by a car loan link from the menu.
  • Provide all your personal and required information, including your contact number.
  • You will receive a phone call from our executives, and they will assist and guide you further on the car loan.
  • For availing loans offline, please visit the nearest branch available to you regarding a car loan.

Apply for a Car Loan

Car Loan for Major Car Manufacturers in Rajkot


Processing Fees & Prepayment Charges on Car Loan Rajkot

Category Details
Processing Charges
1999 - 4999 + Tax
No prepayment is allowed until 12 EMIs are paid
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 Rajkot

CIBIL score plays an important role while getting a loan. In case your Cibil score lies between 750-900, then you will get the quick loan approvals at an affordable rate of interest on car loan. But if the Cibil score is less than 700 then your application might even get rejected. So, check your Cibil score before you apply for a car loan. If you have paid your EMIs on time in the past then your Cibil score will be higher. And if you do not repay Your EMI frequently your Cibil score will be reduced. The applicant has to pay monthly EMIs according to there schedule of the bank on the loan amount.

Apply for a Car Loan

Car Loan Rajkot Contact Number

For instant help regarding car loan Rajkot or any queries, you may contact on 9878981166.

Pre Calculated EMI Table for Car Loan Rajkot

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 Rajkot

Rajkot is a city or place in the western Indian state of Gujarat. In the central Jubilee, those Garden are the Lang Library, with Gujarati literature, and the Watson Museum, with paintings and artifacts documenting British colonial rule. also there Kaba Gandhi No Delo, the house where Mahatma Gandhi spent part of his childhood days, shows photos of the Indian leader and his belongings. The Rotary Dolls Museum also exhibits dolls from around the world.

Apply for a Car Loan

Car Loan EMI Calculator Rajkot

Other Cities for Car Loan in Gujarat

Car Loan Rajpipla Car Loan Palanpur
Car Loan Radhanpur Car Loan Padra
Car Loan Porbandar Car Loan Navsari
Car Loan Pardi Car Loan Mundra