Car Loan Silvassa

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 8.50%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Best Banks for Car Loan in Silvassa

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 Silvassa Features

car loan silvassa

Want to own a luxury car but don’t have enough funds for it? Worry not! A car loan might just be what you need. Car Loan is a secured loan with easy repayment options available for the applicants in the form of monthly installments. The loan amount is offered on Interest rates, which differ from one lender to another. You can avail a car loan 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 with DialaBank at best offers available.

Car Loan Silvassa 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
1%
Nil
Andhra Bank Car Loan
Nil
Nil

 

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

Car Loan Silvassa Documents Required

  1. Identity Proof: PAN Card, Voters ID card, Driving License or any other document available
  2. Income ProofFor Salaried– Latest 3-month salary slip, Form 16 is also required/ For Self Employed- Latest ITR filing proofs
  3. Address Proof: Ration card / Passport /PAN Card or any other relevant proof/ Telephone Bill / Electricity Bill / Life Insurance Policy
  4. Bank Statement: previous 6 months for the applicants.

Car Loan Silvassa Eligibility Criteria

The car loan eligibility in Silvassa as follows:

    1.  The minimum age of the applicant to apply for the loan is 21 years.
    2. The maximum age of the applicant to apply for the loan maturity is 65 years.
    3. For Salaried the annual income should get more than Rs.3lakhs and also for the standard cars, the applicant should get more than 3 lakhs of income.
    4. For self-employed the net annual income should be more than 4lakhs also for the standard cars, the applicant should have more than 3lakhs of income.
    5. For salaried applicants:1 year in current employment and also a minimum of 2 years of employment must be for the salaried applicant.
    6. For Self-employed: the applicant should have at least 3 years in business. so that the applications will get approval quickly and also the applicant should submit income tax return(ITR) files.

How to apply for Car Loan in Silvassa?

The process of car loan application in Silvassa is easy with DialaBank. The reasons why DialaBank should be considered to avail a car loan in Silvassa are:

  1. Visit our website www.dialabank.com from your browser be it mobile or laptop.
  2. Go to the car loan section on the dialabank page and click on the car loan.
  3. Submit all the details required for the car loan and also upload all the document which are required to get the car loan.
  4. Our managers will then call you and for getting more information and for getting more guidance, you may call on 9878981166.

Processing Fees & Prepayment Charges on Car Loan Silvassa

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 Silvassa

CIBIL score is what describes your creditworthiness of the past. So, it is an important aspect to consider while availing a car loan. The CIBIL score required for car loans may vary from one bank to another. Most banks accept a CIBIL score of 750 and above to process your car loan application. In case of a low CIBIL score, you might be required to pay a heavy interest rate on the loan amount.

Higher the CIBIL score, the easier it becomes for an applicant to avail a car loan in the city.

Car Loan Silvassa Contact Number

For any queries related to a car loan Silvassa, you may contact on the number 9878981166.

Pre Calculated EMI Table for Car Loan Silvassa

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 Silvassa

Silvassa is a city in western India. It is the central command of the Dadra and Nagar Haveli locale of the associated domain of Dadra and Nagar Haveli and Daman and Diu, India. The city has numerous production lines and ventures giving critical government income, which permits the city to keep up a low degree of tax collection.

Car Loan EMI Calculator

You may also check the car loan EMI calculator available on our website.

Share This

Menu