Car Loan Shamli

Best Banks for Car Loan in Shamli

Car Loan Shamli Features

Buying a vehicle is no more a difficult task now as one can avail of a Car Loan. This loan provides funds to people to pay for the vehicle. It is a better option for people who do not have the entire amount to pay for the purchase of the car.

A Car Loan is a secured loan with easy repayment options available through various banks. The total loan amount can be up to 85% of the car based on the Ex-showroom or On-road price of the vehicle. The interest rate varies from bank to bank. The car loan criteria vary upon certain factors like your income, CIBIL score, etc.

So if you are thinking of purchasing your dream car in Shamli, get an instant Car loan with DialaBank at an affordable rate of interest.

Car Loan Shamli Interest Rates

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

Car Loan Shamli Documents Required

For Salaried Individuals:

1. Proof of Identification: Passport copy, PAN Card, Voters ID card, Driving License
2. Income Proof: Latest 3-month salary slip with form 16
3. Residence Proof: 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. 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 Shamli Eligibility Criteria

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 a minimum of 2 years 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 Rs.100000 per annum for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Shamli

Processing Fees / Prepayment Charges on Car Loan Shamli

CIBIL Score Required for Car Loan in Shamli

CIBIL score plays a key role while availing a car loan. In case your Cibil score is between 750-900, you will get the loan approval quickly. But if the Cibil score is less than 700 then your application might go pending. So, check your Cibil score before you apply for a loan. Regular EMI payments will enhance your CIBIL score. Thus, the CIBIL score plays an important role in availing a car loan and must be considered before applying for any loan.

Car Loan Shamli Contact Number

For any queries regarding the car loan in Shamli, you may call on the number 9878981166 or Dialabank.

Pre Calculated EMI Table for Car Loan Shamli

Car Loan EMI Calculator Shamli