Car Loan Tiruvalla

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Car Loan Tiruvalla

Best Banks for Car Loan in Tiruvalla

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 Tiruvalla Features

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The car defines your status, your passion. So don’t let your financial situation ruin your dream. If a limited salary is becoming an obstacle in buying your dream car, then don’t worry. There are many exciting Car Loan offers available from leading banks in Tiruvalla.

A car Loan features in Tiruvalla are the following:

car loan tiruvalla

  • Simple monthly repayment options.
  • Instantly available.
  • Loan Tenure period varies from 5-7 years.
  • Affordable car loan Interest Rates
  • Easily and quickly available loans.
  • No hidden or additional charges

Car Loan Tiruvalla Interest Rates

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

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Car Loan Tiruvalla Documents Required

Documents required for car loan are as followed:

For Salaried Individuals:

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

  1. Identification Proof: Passport copy, PAN Card, Voters ID card, Driving License
  2. Income Proof: Latest ITR
  3. Address Proof(anyone): 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 Tiruvalla Eligibility Criteria

The car loan eligibility requirements are as followed:

For Salaried Applicants

  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.100000 net annual income

For Self-Employed Applicants

  1. Minimum age: 21 years
  2. Maximum age at loan maturity: 65 years
  3. Minimum employment: At least 3 years in business
  4. Minimum Annual Income: Net profit Rs. 60000 per annum for standard cars and Rs.100000 per annum for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Tiruvalla

TABLE WILL APPEAR

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Processing Fees / Prepayment Charges on Car Loan in Tiruvalla

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 Tiruvalla

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

Apart from the CIBIL score, the record of previous loans also taken into consideration when you apply for a Car Loan Tiruvalla. Make sure there should not be any late payments of your previous loans. Late payments of previous loans will act as an obstacle in the car loan application in Tiruvalla. Then, your car loan application might be refused.

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

Car Loan Tiruvalla Agent Contact Number

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

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

Pre Calculated EMI Table for Car Loan Tiruvalla

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

Car Loan EMI Calculator Tiruvalla

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About Tiruvalla

Thiruvalla, on the other hand, spelled Tiruvalla, is a town in Kerala in India. The town is spread over a zone of 27.94 km. It lies on the banks of the waterways Manimala and Pamba and is a land-locked region surrounded by irrigating streams and rivers. Tiruvalla is viewed as the “Place that is known for Nonresident Indians”. Tiruvalla is likewise celebrated for the dance form of Kathakali, which is facilitated in the Sreevallabha sanctuary pretty much consistently in a year.

According to the 2011 census, it had a population of 52,883. Football and cricket are popular sports in Tiruvalla.

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