Car Loan Vaishali

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 Vaishali

Best Banks for Car Loan in Vaishali

Feature
HDFC Bank
ICICI Bank
Kotak Mahindra Bank
Interest Rate (p.a.)
7.35 - 7.95%
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

Car Loan Vaishali Features

Loan Approval in 30 Minutes
Lowest Rate of Interest
Up to 100% on Road Loan
Minimum Documentation
Paperless Process
Flexible Repayment
Zero Foreclosure
24 x 7 Online Payment Facility
No Hidden Charges

Car Loan Vaishali


car loan

Car Loan Vaishali Eligibility Criteria

Salaried Individual
Age – 21 years to 60 years
Net Monthly Income – Minimum ₹ 20,000
Employment Duration – 1-year minimum
Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
Age – 21-65 years of age
Minimum ITR – Rs.2 lakh
Employment Duration – Minimum 3 years
Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
Minimum ITR – Rs. 2 lakh
Employment Duration – 3 years minimum
The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
At least 6-month vintage
Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh
Maximum Loan Amount – 3 times the Average Quarterly Balance of the last 2 Quarters


car loan

Car Loan Vaishali EMI Calculator

Car Loan Vaishali Fees & Charges

Charges New Car Loan Used Car Loan
Interest Rate

7.35% per annum

11.80% p.a. to 13.80% p.a.
Car loan Processing fees 0.5% 0.5%
Issuance of Duplicate Repayment Schedule Charges Around Rs.500 Around Rs.500
Foreclosure Charges 0.06 0.06
Penal Interest 2% PM 2% PM
Car loan Part Payment charges 6% of the amount 6% of the amount
Cheque/Instrument Swap Charge Around Rs.500 Around Rs.500
Documentation Charge Around Rs. 500 Around Rs. 500
Issuance of Duplicate No Dues Certificate Charges Around Rs. 500 Around Rs. 500
Registration Certification Collection Charge Around Rs. 200 Around Rs. 200
Cheque Bounce/Instrument Return Charges Around Rs. 500 Around Rs. 500
Issuance of Duplicate Statement Charges Around Rs. 500 Around Rs. 500
Loan Cancellation/Re-booking Charges Around Rs. 1000 Around Rs. 1000
Issuance of Credit Report Around Rs. 50 Around Rs. 50


car loan

Car Loan Vaishali Fees and Charges : Leading Banks – May 27 2022

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


car loan

Car Loan Vaishali Documents Required

Salaried Individual

Category
Documents Required
Identity Proof (Any 1) Passport
Voter ID
Aadhar Card
Driving License
Address Proof (Any 1) Aadhar Card
PAN
Driving License
Electricity Bill
Date of Birth Proof(Any 1)
Passport
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1)
PAN
Bankers Verification
Passport
Income Proof
Salary Slip and latest Form No.16
Bank Statement
Last 6 month Bank statement
Employment Continuity Proof
Job card by NREGA
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment

 

Self-Employed Individuals

Category
Documents Required
Identity Proof (Any 1) PAN Card
Passport
Voter ID
Aadhar Card
Address Proof (Any 1) PAN Card
Voter ID
Passport
Electricity Bill
Date of Birth Proof (Any 1) Birth Certificate
Passport
Driving Licence
PAN
Signature Proof (Any 1)
PAN
Bankers Verification
Passport
Bank Statement
Bank statement of last 6 months
Employment Continuity Proof
Latest ITRs
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof
Registration Certificate
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate

 

Self-Employed Non-Individuals:

1. Partnership Firms/Societies

Category
Documents Required
Identity Proof (Any 1) Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1)
Electricity Bill/Telephone Bill
Aadhar Card
Driving License
Voter ID
Income Proof
Audited Balance Sheet
P&L Account
ITR for the previous 2 years
Bank Statement Last 6 month
Business Continuity Proof
Company ITR of the last 2 years
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents
Letter of Authority or PAN Card

 

2. Private Limited/Limited Companies

Category
Documents Required
Identity Proof
The latest copy of MOA and AOA
Copy of Incorporation
Address Proof (Any 1)
SSI/MSME Registration Certificate
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof
Audited Balance Sheet
P&L Account and ITR for the previous 2 years
Bank Statement Previous 6 Months
Business Continuity Proof
P&L account and
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
List of Shareholding partners and Directors
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.


car loan

How to Get the Best Car Loan Interest Rates in Vaishali

  • Consumers must first investigate and evaluate the benefits offered by various banks and Other financial institutions to receive a good deal on a car loan. This can assist consumers in determining which lenders offer the lowest interest rates and, as a result, which lender to select.
  • Minimal waiting terms frequently have lower interest rates than more extended terms. Therefore borrowers who want to save money should choose shorter repayment terms.
  • Each debt-to-income ratio determines how much of a borrower’s income goes toward loan repayment, which lenders consider when setting interest rates. Borrowers with a lower debt-to-income ratio have a greater chance of receiving a car loan with a lower interest rate.

How to Apply for Car Loan in Vaishali?

  • Visit our website Dialabank.
  • Select the automobile loan option from the menu after clicking on the auto loan option.
  • Follow the instructions and include any relevant information concerning one’s financing requirements.
  • Could you please wait for a member of our team of professionals to contact you?
  • You can also phone 9878981166 or go to the nearest branch


car loan

Which Bank in Vaishali Offers the Best Car Loans?

Before qualifying for an automobile loan that fits all of the criteria, such as interest rates, it is usually a good idea to evaluate automobile loans from various providers. For example, lenders such as HDFC, ICICI, and SBI provide various auto loan schemes in the city. But, of course, the most significant lender for you is one that can supply you with the loan balance you require at the lowest possible interest rate while also delivering the cash as quickly as possible.

Car Loan for Major Car Manufacturers in Vaishali

TABLE WILL APPEAR

Processing Fees / Prepayment Charges on Car Loan Vaishali

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

CIBIL Score Required for Car Loan in Vaishali

Credit history is a statistic that impacts your ability to borrow money to pay off your debts. A more vital credit report indicates a positive credit history and simplifies your auto mortgage loan processing. In addition, banks and NBFCs in the city are more likely to approve your financial statement if you have a credit score of 750 or above.

Your number may change from one institution to the next. For example, if your credit history is less than ideal, you may be required to repay a considerable loan debt; however, you may be charged a low-interest rate if your credit history is excellent. As a result, credit history is an essential factor to consider when applying for a car loan.


car loan

Car Loan Vaishali Contact Number

Individuals can call the company 9878981166 for assistance if they have any inquiries concerning the auto loan in the city.


car loan

Pre Calculated EMI Table for Car Loan Vaishali

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

About Vaishali

Vaishali is located in the state of Bihar and is believed to be the first republic of the world. It takes its name from King Vishal of the Mahabharata age. It is also the birthplace of Lord Mahavira and is an important Buddhist pilgrimage. Its population is around 35 lakhs.


car loan

Car Loan Banks In Vaishali

Bank Name Bank Address IFSC code
ALLAHABAD BANK LALGANJ ROAD, HAJIPUR. DISTT- VAISHALI, BIHAR ALLA0212435
ANDHRA BANK BISHWANATH BHAVAN, GROUND FLOOR, BAIKUNTHPUR VILLAGE, RAJAPAKAR THANA, VAISHALI DIST,844124 ANDB0002884
BANK OF BARODA BANK OF BARODA UPHAUL NEAR GAJIPUR CHOWK PO VIA DESRI UPHRAUL BIHAR 844504 BARB0UPHRAU
DENA BANK RANDAHA BR,VILL PO RANDAHA,PS RAJAPAKER,DIST.VAISHALI, STATE BIHAR BKDN0911400
BANK OF INDIA MAIN RD, MAHANTH MKTLALGANJ, DISTRICT VAISHAILI BKID0004567
BANK OF INDIA JAWAHAR CHOWK, MAHUADT VAISHALI BIHAR BKID0004672
CENTRAL BANK OF INDIA P.O. VAISHALI,DIST-VAISHALI,BIHAR-844128. CBIN0281392
CENTRAL BANK OF INDIA NATIONAL HIGHWAY 28, AT BAHADURPUR CHIKNAUTA, P.O. DARGAH BELA VIA CHANDAN PATTI, DIST- VAISHALI, BIHAR-843104 CBIN0282590
CENTRAL BANK OF INDIA CBI,JATKAULI BRANCH,GAJ KHARAHARA ROAD,JATKAULI,PO DHARAMPUR,JATKAULI,DISTVAISHALI,BIHAR CBIN0284138
CANARA BANK VILL AND PO MANSINGH BIJRAULI DISTT. VAISHALI (BIHAR) PIN 844505 CNRB0009208
FINO PAYMENTS BANK STATION ROAD,DIGHI KALA,HAJIPUR,VAISHALI,BIHAR -844101 FINO0001200
FINO PAYMENTS BANK AKBAR MALAHI,SARAI MAIN ROAD,DIST -VAISALI,BIHAR -844125 FINO0001342
FINO PAYMENTS BANK MOBARAK RASULPUR,MOBARAKPUR MANIKPUR,MAHUA,VAISHALI-844122 FINO0001346
IDBI BANK GROUND FLOOR, MAHALAXMI PLAZA, PLOT NO .VC2.,SECTOR III, ADJOINING ANSAL PLAZA,VAISHALI, GHAZAIABAD- 201 010 IBKL0000178
INDIAN OVERSEAS BANK PLOT NO 17, EXPRESS APARTMENTS, SECTOR IV, VAISHALI PIN 201010 IOBA0002113
STATE BANK OF INDIA VAISHALIBIHAR 844121 SBIN0001483
STATE BANK OF INDIA VAISHALIBIHAR 844504 SBIN0002932
STATE BANK OF INDIA VAISHALI, BIHAR 844118 SBIN0002939
STATE BANK OF INDIA P O SALEMPUR, DUMARIA, DT VAISHALI, BIHAR 844122 SBIN0008135
STATE BANK OF INDIA DIST,VAISHALI,STATE,BIHAR,PIN,843110, SBIN0008136
STATE BANK OF INDIA DIST,VAISHALI,STATE,BIHAR,PIN,844122, SBIN0010352
STATE BANK OF INDIA BABA MARKET,ETWAR HAT,RAJAPAKAR,VAISHALI 844124 SBIN0014295
STATE BANK OF INDIA C BY O NIRMALA KUMARI,AT AND PO VAISHALI,DISTT.VAISHALI.BIHAR 844128 SBIN0017445
STATE BANK OF INDIA IMADPUR CHOWK,POST-IMADPUR,DIST.VAISHALI, BR-844114 SBIN0018909
UTKARSH SMALL FINANCE BANK MAUZA – SINGHARAI,PARAGANA – BISARA,P.S – MAHUA,MUZAFFARPUR ROAD,DISTRACT – VAISHALI,STATE – BIHAR,PIN CODE – 844122 UTKS0001232
UTKARSH SMALL FINANCE BANK UPPER GROUND FLOOR, THANA NO.-545, HALKA NO.-8, WARD NO.-3, NEW WARD NO.-4, KHATA NO.2424, THANA ROAD, SHAKUNTALA PALACE,MAHNAR, DISTRICT – VAISHALI, STATE – BIHAR, PIN CODE-844506 UTKS0001313
VIJAYA BANK MURAWATPUR,MURAWATPUR BRANCH,HAJIPUR BARAUNI RD,,MURAWATPUR,VAISHALI,BIHAR VIJB0008420

FAQ’s About Vaishali Car Loan

✅ So, what were the choices for the tenure period?

It’s your decision. Customers have a variety of payments choices to select from, extending 12 to 84 months, many of which are customized to requirements.

✅ Will, it is feasible to get a loan on my existing car?

Indeed, numerous banks might issue such a mortgage on the present car if you’ve got a good payment history with your mortgage provider.

✅ Is it possible for me to pre-pay the complete loan amount?

Absolutely. Every six months, the borrower has the option to prepay the debt.