Car Loan Umaria

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Rates as low as 8.50%*
Up to 100% Funding
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Best Banks for Car Loan in Umaria

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 Umaria Features

Do you want to have your car? In today’s fast-moving world, an automobile has become a necessity. But not everyone can afford the huge price for these luxurious cars. This is where we dialabank comes in to help you to avail of the car loan which plays an important role in buying the new car.

Car Loan is a secured loan with easy repayment options available through various banks. The loan amount is offered in exchange for Interest charges on the principal amount which vary from one bank to another.

car loan umaria

The car loan requirements vary depending upon certain factors like your income, CIBIL score. So if you are thinking of purchasing your dream car in Umaria, get an instant Car loan with DialaBank at an affordable best rate of interest.

Car Loan Umaria 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 Umaria Documents Required

  1. 2 recent passport size photographs
  2. Identity Proof: Aadhar Card/ Driving License/ Passport Copy, etc.
  3. Address Proof: Water Bill/ Telephone bill/ Voter ID/ Passport Copy
  4. Income Proof: Previous 3 months bank statements and salary slips for a salaried individual and recent ITR files for a self-employed individual

Car Loan Umaria Eligibility Criteria

Car loan eligibility criteria are differentiated among for the salaried and self-employed in the following manner:

  1. Minimum age: 21 years (salaried individuals) and 30 years (self-employed)
  2. Maximum age on loan maturity: 60 years (salaried) and 65 (self-employed)
  3. Minimum employment: 1 year in the current job and a minimum total of 2 years of employment (salaried), at least 3 years in business (self-employed)
  4. Minimum Annual Income: Rs 100000 minimum annual income (self-employed), net profits of a minimum of Rs. 60k p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars (salaried).

How to Apply for Car Loan in Umaria?

Applying for a car loan in Umaria is easy with DialaBank. Just visit our website at dialabank.com and follow the following steps:

  • Click on the car loan option from the options available.
  • Fill in the required details in the form as required, like name, income, etc.
  • Submit the form
  • You will be contacted by our car loan Customer Relationship manager who will guide you through the further process.
  • For availing a car loan offline you will be required to visit the nearest branch personally and check on the rates available that might consume a lot of time and energy. It would also require you to make multiple request visits to the banks for various purposes to get your loan approved
  • Thus, when you think of a car loan in Umaria DialaBank is your best option available.

Processing Fees & Prepayment Charges on Car Loan Umaria

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 Umaria

CIBIL score is a numeric value that describes your creditworthiness of the past. So, it is an important factor to keep in mind while availing a car loan. The CIBIL score required for car loans in Umaria may vary from one lender to another due to the presence of a huge number of lenders nowadays.

Most banks prefer a CIBIL score of 750 and above to process your car loan application. In case of a low CIBIL score, to get your loan sanctioned you might be required to pay a heavy interest rate on the loan amount.

Car Loan Umaria Contact Number

For any queries regarding the car loan Umaria, you may contact us on the number 9878981166.

Pre Calculated EMI Table for Car Loan Umaria

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 Umaria

Umaria is a municipality city in the Umaria district of the Shahdol Divison of Madhya Pradesh, India.

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