Car Loan Tiruchirappalli

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 Tiruchirappalli

Best Banks for Car Loan in Tiruchirappalli

Kotak Mahindra Bank
Interest Rate
8% - 8.4 %
8.5 - 9.5 %
Min Loan Amt
Metro : 1 Lac & Non Metro: 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
Loan to Value (LTV)
Upto 100% on Ex- showroom
Upto 95% on Ex- showroom
Upto 90% on Ex- showroom

Car Loan Tiruchirappalli Features

car loan TiruchirappalliA car loan is a financial assistance and aid provided by banks and NBFC’s in the city to individuals to aid them in fulfilling their dream of having their own car.

They provide the necessary funding required by you according to your eligibility for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car.

Car Loan is a secured form of a loan with easy repayment options and low-interest rates EMI options are available for car loans in Tiruchirappalli.

Car Loan Tiruchirappalli 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 Tiruchirappalli Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

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

For Self Employed Individuals:

  1. Identity Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest Income Tax Return
  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 Tiruchirappalli Eligibility Criteria

The car loan eligibility requirements are as followed in Tiruchirappalli:

For Salaried Individuals:

  1. Minimum age: 21 years
  2. Minimum employment:  1 year in the current place of work and 2 years of total employment.
  3. Minimum Annual Income: Rs 100000 net annual income.
  4. Maximum age at loan maturity: 65 years

For Self Employed Individuals:

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment:  A minimum of 3 years in business.
  4. Minimum Annual Income:  Net profit of Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars

How to Apply for Car Loan in Tiruchirappalli?

Availing a car loan Tiruchirappalli is an easy process with Dialabank. Just follow some steps to avail the best offers:

  • Visit our website and click on the car loan option available on the menu. Fill in the details regarding the car type and your income. Our relationship manager will soon get in touch with you on your provided number.
  • You may also contact our relationship managers on the number +919878981166 in case of any queries regarding the loan.
  • For availing a car loan offline you will have to visit the branch personally, which might turn hectic for you. So we advise you to do it online!

Car Loan for Major Car Manufacturers in Tiruchirappalli


Processing Fees & Prepayment Charges on Car Loan Tiruchirappalli

Category Details
Processing Charges
1999 - 4999 + Tax
No prepayment is allowed until 12 EMIs are paid
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 Tiruchirappalli

CIBIL score which is also known as credit score is the score that defines the credit-history of an individual. The effectiveness with which a person has paid off his previous loans is depicted through this credit score.

Any kind of loan including the car loan requires an excellent CIBIL score of the individual. The exact value may differ from one bank to another with time. But, a score of 750 and above is always considered a good score and makes the entire process of car loan in Tiruchirappalli availability easy and convenient.

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

Apply for a Car Loan

Car Loan Tiruchirappalli Contact Number

Dial us up at +919878981166 to get more information about car loans at Tiruchirappalli and we will give you the best advice to help you fulfill your dream easily, quickly and efficiently.

Pre Calculated EMI Table for Car Loan Tiruchirappalli 

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 Tiruchirappalli

Tiruchirappalli also known as Tiruchi or Trichy is an ancient city in the southern Tamil Nadu state of India. The Kaveri and Kollidam rivers flow around Srirangam Island, which is also known for its sacred Hindu sites Sri Ranganathaswamy Temple, with intricately carved gopurams, and Jambukeswarar-Akilandeswari Temple, which is dedicated to the god Shiva.

Apply for a Car Loan

Car Loan EMI Calculator

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

Other Cities with the Car loan:

Car Loan Tirupur Car Loan Ranipettai
Car Loan Tindivanam Car Loan Ramanathapuram
Car Loan Thuckalay Car Loan Pollachi
Car Loan Thoothukudi Car Loan Perambalur