Car Loan Sheohar

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 Sheohar

Best Banks for Car Loan in Sheohar

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate (p.a.)
7.35 - 7.95%
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 Sheohar Features

Car Loan Sheohar

Having a dream of purchasing your car? But don’t have enough funds? Don’t worry. A Car Loan is the right solution for you. Dialabank financial services help customers to compare, analyze, and choose the best loans available in the market across several financial institutions.

Almost all the major lending institutions and banks provide car loans at an attractive interest rate without much paperwork. Other than a brand new car, you can also purchase a preowned car or used car using a used car loan that is offered by numerous financial institutions. Get the best offers on car loans only on applying with DialaBank.

Car Loan Sheohar 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 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 Sheohar Documents Required

Documents required for car loan are as followed:

For Salaried Employee

  1. ID Proof: Aadhar Card/ Driving License/ Pan Card/ Passport Copy, etc.
  2. Proof of Address: Water Bill/ Voter ID/ Telephone bill/ Passport Copy
  3. Income Proof: Previous 3 months salary slips or Form 16 of the applicant.
  4. Recent passport size photographs-2 are required.

For Self Employed

  1. ID Proof: Aadhar Card/ Driving License/ Pan Card/ Passport Copy, etc.
  2. Proof of Address: Water Bill/ Voter ID/ Telephone bill/ Passport Copy
  3. Income Proof: Recent tax return files for a self-employed individual
  4. Recent passport size photographs-2 are required.

Car Loan Sheohar Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried Employees

  1. The minimum age for applying a car loan is 21 years and 25 years.
  2. A salaried employee must be working in the current organization for at least a year.
  3. Rs 25000 monthly income is a must for a salaried employee

For Self Employed

  1. The minimum age for applying a car loan is 21 years and 25 years.
  2. In case the individual is a businessman then, their business must be operational and yield profit from at least the past three years.

Car Loan for Major Car Manufacturers in Sheohar

Apply for a Car Loan

TABLE WILL APPEAR

Processing Fees & Prepayment Charges on Car Loan Sheohar

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 Sheohar

Banks and NBFCs consider CIBIL score as an important criterion before approving for a loan. It signifies the creditworthiness of any individual. The minimum CIBIL score requirement for financing a car vary from bank to bank. Generally, a score above 800 is considered to be decent for any individual to be eligible to apply for a car loan.

The credit history of any applicant must be free of any pending dues or debts to avoid any inconvenience in applying for a loan. Hence, it is advisable to check your credit score beforehand itself and rectify and correct the dues to ensure a smooth loan approval process.

Car Loan Sheohar Contact Number

To avail instant car loans you can visit our website DialaBank or feel free to call on 9878981166. Our employees are always ready to assist you.

Pre Calculated EMI Table for Car Loan Sheohar

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

You can calculate your EMI here: Car Loan EMI Calculator

About Sheohar

Sheohar is an administrative district in the state of Bihar in India. The district headquarters are located at Sheohar, and the district is a part of the Tirhut Division. This district was carved out of Sitamarhi district in 1994 due to the extreme efforts of Raghunath Jha, former Union Minister. Eminent Hindi Novelist, Dr. Bhagwati Sharan Mishra was the first District magistrate of Sheohar.
The district occupies an area of 443 km² and has a population of 656,246. Sheohar is known for its greenery and cleanliness. Cadamba and teak are the principle trees of this district.

Nilgai or blue bull is the regional animal of this area.
This district has a mixed population of Hindus and Muslims. Agriculture is the mainstay. It is one of the most flood-affected districts in Bihar, due to over flooding of the Bagmati and Budhi Gandak rivers. Devkuli is a holy place popular for the ancient temple of the lord Shiva. As of the 2011 it is the second least populous district of Bihar after Sheikhpura

Special Note: Banks do not provide Car Loans to bad credit holders, but one can fulfill their money requirement with Gold Loan easily.

Car Loan EMI Calculator

Apply for a Car Loan

Other Cities with the Car loan:

Car Loan Motihari Car Loan Katihar
Car Loan Madhubani Car Loan Forbesganj
Car Loan Lakhisarai Car Loan Chapra
Car Loan Khagaria Car Loan Araria