Car Loan Siwan

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 7.35%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Car Loan Siwan

Best Banks for Car Loan in Siwan

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 Siwan Features

Car loan SiwanThinking of purchasing your dream car? But don’t have the required funds? Worry not! A car loan is here for you. A car loan is a means of funding or financial help provided by banks and NBFCs to applicants at an affordable rate of interest to aid them in buying a car. Since cars have now become a necessity for everyone, but the cost of cars is growing rapidly daily. This is where a car loan comes into play and fulfills your desire to be the owner of a luxurious car. The main features of a car loan in Siwan are:

  • Car loans are available at low car loan interest rates
  • Almost all major banks and NBFCs offer car loans in Siwan
  • The documentation process is quick and hassle-free
  • Car loans are easily available through Dialabank

Car Loan Siwan 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 Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Apply for a Car Loan

Car Loan Siwan Documents Required

Documents required for car loan are as followed:

For Salaried Employees

  1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest 3-month salary slip with form 16
  3. Address 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

  1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest ITR proof
  3. Address Proof: 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 Siwan Eligibility Criteria

The car loan eligibility criteria requirements are as followed:

For Salaried Employee

  1. Minimum age: 21 years old for salaried and 30 years for self-employed
  2. Maximum age at loan maturity: 65 years old
  3. Minimum Annual Income: Rs 100000 net annual income is considered in Siwan
  4. Minimum employment: 1 year in current employment and a total of 2 years of employment experience in the past

For Self Employed

  1. Minimum age: 21 years old for salaried and 30 years for self-employed
  2. Maximum age at loan maturity: 65 years old
  3. Minimum Annual Income:  Net profit Rs. 60000 p.a for standard cars and Rs.100000 per annum for mid-sized and premium cars for the applicant of Siwan.
  4. Minimum employment:  at least 3 years in business

Car Loan for Major Car Manufacturers in Siwan

Apply for a Car Loan

TABLE WILL APPEAR

Processing Fees & Prepayment Charges on Car Loan Siwan

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 Siwan

The Cibil score is what defines your ability to pay off your credits. A higher Credit score defines your good credit history and makes your application process smooth and easy to be processed. Usually, banks and NBFCs require a credit score of 750 and above to approve your car loan application process in Siwan. This score may vary from bank to bank. In case a CIBIL score is less than the required value you will be required to pay a high rate interest rate on the car loan amount.

Car Loan Siwan Contact Number

Apply for a Car Loan

In case of any queries regarding the car loan in Siwan, you may contact on the number 9878981166 for any sort of assistance.

You can also visit our website at Dialabank

Pre Calculated EMI Table for Car Loan Siwan

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 Siwan

Siwan is a city and Nagar Parishad situated in the Indian state of Bihar. It is the administrative headquarters of Siwan district and one of the urban settlements out of three in the district. It lies in close proximity to Uttar Pradesh.

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