Car Loan Sardulgarh

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 Sardulgarh

All About Car Loan Sardulgarh

Best Banks for Car Loan in Sardulgarh

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 Sardulgarh Features

Want to own a car but don’t have enough funds to purchase one? Worry not! A car loan might just be what you need to fulfil your desire. Car Loan is a secured loan with easy repayment options available for the applicants in the form of monthly instalments. The loan amount is offered on Interest rates, which differ from one lender to another according to your city.

You can avail a car loan in Sardulgarh for purchasing a new car as well as a used car, as per your needs.  The car loan requirements and criteria vary from one lender to another. So if you are thinking of purchasing your dream car, get an instant Car loan Sardulgarh with DialaBank at best offers available in the city.

Car Loan Sardulgarh Interest Rates

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 Sardulgarh Documents Required

A person should review the documents required for car loan before making a decision.

For Salaried Individuals:

  1. Identity Proof in the form of Passport copy, PAN Card, Voters ID card, Driving License or any other proof
  2. Income Proof For Salaried Employees– Latest 3-month salary slip with form 16 / and Latest ITR for self-employed
  3. Address Proof: Ration card / Driving license / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card or any other address proof
  4. Complete Bank Statements for the last 6 months.
  5. ITR filing of the previous 2 years for self-employed people is necessary.                        

For Self Employed Individuals:

  1. Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest ITR
  3. Address Proof(anyone): Ration card/ Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months.

Car Loan Sardulgarh Eligibility Criteria

To obtain the loan amount, a person must meet the Eligibility criteria for car loan.

For Salaried Applicants:

  1. Minimum age: 21 years for salaried persons and 30 years for self-employed persons for a car loan
  2. Maximum age at loan maturity: 60 years for salaried and 65 for self-employed is the maximum age limit
  3. Minimum employment: For Salaried- 1 year in current organization and a minimum of total 2 years of employment / For Self Employed– a minimum of 3 years in business
  4. Minimum Annual Income: For Salaried Rs 100000 net annual income is necessary / For Self- Employed Net profit Rs.100000 p.a. for mid-sized and premium cars are essential, Rs. 60000 p.a for standard cars.

For Self Employed Applicants:

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: At least 3 years in business
  4. Minimum Annual Income: Net profit Rs.100000 per annum for mid-sized and premium cars, Rs. 60000 per annum for standard cars.

Car Loan for Major Car Manufacturers in Sardulgarh

Apply for a Car Loan

Processing Fees & Prepayment Charges on Car Loan Sardulgarh

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 Sardulgarh

CIBIL score is a credit value that describes your creditworthiness of the past repayment of loans. So, it is an important factor to keep in mind while availing or applying for a car loan in Sardulgarh. The CIBIL score required for car loans may keep varying from one lender to another depending on their own requirements respectively. Most banks and NBFCs accept a CIBIL score of 750 and above to process your car loan application in Sardulgarh. In case of a low CIBIL score, you might be required to pay quite a heavy interest rate on the total loan amount, which is why a CIBIL score is so important.

Car Loan Sardulgarh Contact Number

For any queries regarding the car loan in Sardulgarh, you may contact on the number 9878981166.

Apply for a Car Loan

Pre Calculated EMI Table for Car Loan Sardulgarh

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 Sardulgarh

Sardulgarh is a town located in Mansa district in Punjab state, India.

Car Loan EMI Calculator

Other Car Loan Cities In Punjab

Car Loan Rayya Car Loan Patti
Car Loan Rajpura Car Loan Patiala
Car Loan Phillaur Car Loan Patran
Car Loan Pathankot Car Loan Nangal