Car Loan Umred

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Car Loan Umred

Best Banks For Car Loan in Umred

Feature
HDFC Bank
Private 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 Umred Features Car Loan in Umred

Being in a city like Umred you will require a vehicle for transportation in any case restricted pay doesn’t permit a customary individual to purchase his vehicle in Umred. A Car Loan is a helpful elective that permits an individual to purchase a vehicle. Get the best financing with a lower credit charge and inconvenience free perception to satisfy your fantasy with the assistance of dialabank.

Vehicle advances in Umred typically offer a fixed pace of intrigue choices. It proposes that you are guaranteed a fixed total that should be paid month to month. Vehicle credits are not proposed for simply new vehicles yet despite used vehicles. Legitimately Apply for a Car Loan at Dialabank. Visit us at Dialabank.

Car Loan Umred 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 Umred Documents Required

Documents required for car loan are as followed:

  1. You will need a Proof of Identity like a Passport copy, PAN Card, Voters ID card, Driving License
  2. You must show the Proof of Income  for Salaried applicant is the Latest 3-month salary slip with form 16 and for Self Employed is the Latest Income Tax Returns (ITR)
  3. You need to show  the Proof of Address like Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  4. Lastly, you will need 6 months of Bank Statement

Car Loan Umred Eligibility Criteria

The car loan eligibility requirements are as followed:

SALARIED INDIVIDUALS

  • Minimum age: 21 years
  • Maximum age at loan maturity: 65 years
  • Minimum employment: 1 year in current employment and a minimum of 2 years of employment.
  • Least Annual Income: Rs 100000 net yearly pay.

SELF-EMPLOYED INDIVIDUALS

  • Minimum age: 30 years
  • Maximum age at loan maturity: 65 years
  • Minimum employment: At least 2 years in business
  • Minimum Annual Income: Net profit Rs. 60,000 Per Annum for standard cars and Rs.1,00,000 Per Annum for mid-sized and premium cars

Car Loan for Major Car Manufacturers in Umred

TABLE WILL APPEAR

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Processing Fees & Prepayment Charges on Car Loan Umred

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

Car Loan Umred Agent Contact Number

Clients can associate with us at 9878981166 to get specific vehicle credit bargains genuinely from your home or can apply.

Pre Calculated EMI Table for Car Loan Umred

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 Umred

Umred is a town and a city board in the Nagpur region of Maharashtra, India. As per the 2001 evaluation, the city has a populace of 49,573.

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