Car Loan Singrauli

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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 Singrauli

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 Singrauli Features

Car Loan SingrauliA car loan is financial funding provided by banks and NBFC’s to make your dream come true of having your own car. It is not a difficult task nowadays availing for a car loan as numerous products have come into the market to cater to the needs of a buyer. Moreover, if you want to buy a pre-owned car, financial institutions also provide the service of used car loans which can be used for financing a used car. Car Loans come at an affordable rate of interest and requires minimal documentation.

Car Loan Singrauli 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 Singrauli Documents Required

  1. Identity Proof: Aadhar Card/ Driving License/ Passport Copy, etc.
  2. Income Proof: Previous 3 months bank statements and salary slips for a salaried individual and recent ITR files for a self-employed individual
  3. Address Proof: Water Bill/ Telephone bill/ Voter ID/ Passport Copy
  4. 2 recent passport size photographs

Car Loan Singrauli Eligibility Criteria

  1. The age limit for a car loan is 21 to 65 years
  2. A salaried employee must be working in the current organization for at least a year.
  3. A Self-employed individual must have their business running from at least the past three years.
  4.  An employed individual must have a minimum salary of Rs 25000.

How to Apply for Car Loan in Singrauli?

Applying for a car loan is an easy and hassle-free process. The best way to apply for a car loan is by applying online.

  1. Visit our website DialaBank.
  2. Select Car Loans on the homepage.
  3. Fill an online application form stating all the personal and professional details.
  4. Provide your current contact number so that our executives can get in touch with you for further assistance.

There is also an offline method available for applying a car loan which requires the individual to physically visit the nearest branch office of the bank and perform the formalities.

Processing Fees & Prepayment Charges on Car Loan Singrauli

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 Singrauli

CIBIL score is an essential criterion based on which the banks and NBFCs approve a car loan to any customer. The minimum requirement of a CIBIL score for a car loan varies 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.

It is important that one should clear all the pending dues and debts in order to maintain a good credit score. Default in your credit score may hinder your opportunities for availing a fresh loan in the future.

Car Loan Singrauli Contact Number

To get instant car loan you can visit our website or call on 9878981166 to get personalized assistance. Our executives are well trained and will assist you in the best way possible in order to provide you with a deal most suited for you.

Pre Calculated EMI Table for Car Loan Singrauli

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 Singrauli

A city situated in the state of Madhya Pradesh, Singrauli is significantly known for its coal mining and power plants set up all across the town. It is also known as India’s Energy Capital and is one of the most important districts of Madhya Pradesh in terms of economic success. Although the place is rich in natural resources, it has still managed to preserve its national heritage sites. Numerous lakes, rock-cut caves, river falls, and an important dam is located in the town of Singrauli.

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

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