Car Loan Sendhwa

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 Sendhwa

Best Banks for Car Loan in Sendhwa

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 Sendhwa Featurescar loan sendhwa

Apply for a car loan

Purchasing a car is a difficult task for the single earner of the family, but there is a saying if all of the doors are not opened there is always a ray of hope. Thus, Car Financing is the best way to attain money in a short time. It is a better way to arrange finances to purchase the dream car with ease.

We provide car loans starting at an attractive interest rate to both self-employed as well as salaried individuals. We offer car loans for the new and used cars.

Some key features of car loan in Sendhwa are the following:

  • Easy monthly repayment options are convenient for you.
  • Instantly car loan available
  • Loan Tenure period varies from 1-7 years
  • There is a provision of an affordable interest Rates offers to fulfill your desires.
  • There are no hidden or additional charges for assistance about the car loan.

Car Loan Sendhwa 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
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 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 Sendhwa Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

  1. Proof of Name: Passport copy, PAN Card, Voters ID card, Driving License
  2. Salary Proof: Latest 3-month salary slip with form 16
  3. For Residence Verification: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Bank Statement: Last 6 months.

For Self Employed Individuals:

  1. Name Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest ITR
  3. For Address Verification(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 Sendhwa Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried Applicants

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: 1 year in current employment and 2 years minimum of employment
  4. Minimum Annual Income: Rs.100000 net annual income

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. 60000 per annum for standard cars and for mid-sized and premium cars, Rs.100000 per annum

Car Loan for Major Car Manufacturers in Sendhwa

TABLE WILL APPEAR

Apply for a Car Loan

Processing Fees / Prepayment Charges on Car Loan in Sendhwa

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 Sendhwa

CIBIL score reflects your credit history in the past as well as your defaults in a refund of your previous loans. A good credit score is considered as 750 and above as most of the financial foundations ask for a high credit score. Every bank and NBFC has criteria for a minimum CIBIL score they require to process your Car Loan Sendhwa. The CIBIL score lower than 750 can attract a higher car loan rate of interest.

A very low CIBIL score can lead to disapproved of your loan as it is the first thing a bank tracks before processing your car loan. Your record of previous loans is taken into consideration for a Car Loan Sendhwa. If there are any late payments for previous loans, it will create a barrier for the availing of a fresh loan.

Car Loan Sendhwa Agent Contact Number

For any queries regarding the car loan in Sendhwa, you can call us on 9878981166.

Pre Calculated EMI Table for Car Loan Sendhwa

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

Car Loan EMI Calculator Sendhwa

Apply for a Car Loan

About Sendhwa

Sendhwa is a city with a municipal government in the Barwani district in Madhya Pradesh, India. Sendhwa is the headquarters for Sendhwa tehsil. It has covered an area of 18 square kilometers.

According to the 2011 census, it had a population of 56,485. Is has an average literacy rate of 63% which is higher than the national average of 59.5%.

Other Cities with the Car loan:

Car Loan Washim Car Loan Ulhasnagar
Car Loan Wai Car Loan Udgir
Car Loan Vita Car Loan Tumsar
Car Loan Virar Car Loan Tasgaon