Car Loan Thane

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Car Loan Thane

Best Banks for Car Loan in Thane

Feature
HDFC Bank
Private 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 Thane Features

A car loan is finance provided by banks and NBFC’s to fulfill your dream of having your own vehicle. They provide the required funding for purchasing the best car which can be on Ex-Showroom Price or On-Road Price of your selected car. A car loan is a secured loan with easy repayment options as per your affordability and eligibility.

The loan amount may be approved after reviewing your credit history, you must have a good CIBIL score to avail the best offer on loans. The car loan amount is offered on Interest rate charges which may not be the same for each bank. One can pay for the vehicle in easy and affordable monthly installments.

This loan is a way to get your dream car in your hands, the loan may be provided with the best offers.

Car Loan Thane 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
Private 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

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Car Loan Thane Documents Required

Documents required for car loan are as followed:

For Salaried:-

  • Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
  • Income Proof: Latest 3-month salary slip with form 16
  • Address Proof: Driving license / Voters card / Passport Copy / Telephone Bill / Ration card / Electricity Bill / Life Insurance Policy /PAN Card
  • Bank Statement: Last 6 months.

For Self Employed:-

  • Identity Proof: PAN Card, Voters ID card, Passport copy, Driving License
  • Income Proof: Latest ITR
  • Address Proof: Voters card / Passport Copy / Ration card / Telephone Bill / Driving license / Electricity Bill / Life Insurance Policy /PAN Card
  • Bank Statement: Last 6 months.

Car Loan Thane Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried:-

  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 1,00,000 net annual income

For Self-Employed:-

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: at smallest 3 years in sales
  4. Minimum Annual Income: Net profit Rs. 60,000 p.a for regular cars and Rs.1,00,000 p.a. for mid-sized and superior cars

How to Apply for Car Loan in Thane?

Apply online with Dialabank in best leading banks which provides the best offers and benefits on Car Loan with additional benefits. Before applying you must have read all the eligibility criteria and documents required for a car loan so that application of your loan can be processed quickly, and provide you the approval with the required finance for a loan.

  • Visit Dialabank website
  • Just click on the Car Loan tab On the home page of the website
  • Check your eligibility and valid necessary documents
  • Provide your basic details
  • Submit and get the “Best offers “

Apply for a Car Loan

Car Loan for Major Car Manufacturers in Noida

TABLE WILL APPEAR

Processing Fees & Prepayment Charges on Car Loan Thane

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 Thane

CIBIL score plays an important key role in deciding the approval of a loan. The CIBIL score provides a clear record of credit history and any outstanding dues standing against the individual. The credit history is necessary for approval of the loan amount after checking the eligible CIBIL score. Normally, CIBIL scores 750 or above considered as best by many leading car loan banks.

So you must have an eligible or good CIBIL score to get loan approval for your dream car.

Apply for a Car Loan

Car Loan Thane Contact Number

Apply online with Dialabank and get the best offers on a car loan with quick approval and extra benefits. or you can make a missed call on this number 9878981166

Our customer care executive provides you the assistance and guidance to solve your queries.

Pre Calculated EMI Table for Car Loan Thane 

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 Thane

Thane is a place or city just outside Mumbai, in the western Indian state of Maharashtra. It’s known as the ‘City of Lakes’, and its more than 30 lakes include tree-lined Upvan Lake, a famous recreational spot. Beside Talao Pali Lake, Kopineshwar Mandir is an ancient, domed Hindu temple dedicated to Lord Shiva. To the west, leopards, monkeys, and also parakeets inhabit the teak forest and bamboo groves of Sanjay Gandhi National Park

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

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Car Loan EMI Calculator Thane

To check Car Loan EMI you can visit: Online Car Loan EMI Calculator

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