Car Loan Udwada

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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

Major Car Loan Providers in Udwada

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 Udwada FeaturesCar loan Udwada

Have a dream car in mind but lack the fund? Want to own a personal vehicle that can fulfill your needs? Apply for a car loan and buy the four-wheeled drive you always wanted to.

A car loan or auto loan is a type of secured loan that a person can avail to buy a new or used car. The collateral security in this case is the vehicle a person wants to buy and is taking a loan for.

Some of the features of car loan in Udwada are:

  • Up to 90-95% of the funding available for new cars
  • Up to 80-85% of the funding available for used cars
  • The loan period is usually between 1 to 7 years.
  • The interest rate is calculated on the basis of compound interest.
  • Equated Monthly Instalment is worked out for repayment.
  • Early settlement of the pending amount is available subject to the pre-payment penalty.

Why Dialabank?

  • We let you sit at the comfort of your home and provide you with the loan without any hassle.
  • We have tie-ups with top Banks and NBFCs of the country to provide you with the best in class service.
  • We offer you the lowest rate of interest in the market.
  • We Charge no money from our customers for the services that we provide.
  • Our team of experts and Relationship managers helps you in every step of the journey to acquire a loan.

Car Loan Udwada 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 Udwada Documents Required

  1. Identity Proof required is a copy of Passport, PAN Card, Voters ID card, Driving License
  2. Income Proof For Salaried persons is Latest 3-month salary slip with form 16 and For Self Employed persons is Latest ITR
  3. Address Proof required is one of the following: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. And the Bank Statement of the Last 6 months.

Car Loan Udwada Eligibility Criteria

Car Loan Mumbai

  1. The minimum age criteria for applying for a car loan is 21 years.
  2. Maximum age at loan maturity can not be more than 65 years
  3. Minimum employment required for Salaried individuals is 1 year in current employment and a minimum of 2 years of employment
  4. For Self Employed it should be at least 3 years in business
  5. Minimum Annual Income Required For Salaried individuals is Rs 100000 net annual income
  6. For Self- Employed a minimum Net profit of Rs. 60000 p.a is required for standard cars and Rs.100000 p.a. for mid-sized and premium cars

How to Apply for Car Loan in Udwada?

  • Apply online on www.dialabank.com
  • Go to the loan section on the page and click on the car loan link.
  • The applicant will be directed to all the details of the car loan where they can choose their preferred city, according to their needs.
  • For more information on car loans and free guidance, you may call on 9878981166.

Processing Fees & Prepayment Charges on Car Loan Udwada

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 Udwada

CIBIL score reflects your credit history in the past as well as your defaults in repayment of your previous loans. A good credit score is considered as 750 and above as most of the financial institutions ask for a high credit score. Every bank and NBFC has different criteria for a minimum CIBIL score they require to process your loan. A Lower CIBIL score than 750 can attract a higher rate of interest.

A very low CIBIL score might lead to rejection of your loan as it is the first thing a bank tracks before processing your loan.

Car Loan Udwada Contact Number

To apply for a car loan in Udwada, you can contact us on 9878981166

Pre Calculated EMI Table for Car Loan Udwada

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 Udwada

Udwada is a town in Gujarat. This place of worship is the oldest functioning of its kind and has made Udvada as a pilgrimage center for Zoroastrians.

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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