Car Loan Vannelk

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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 Vannelk

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 Vannelk Features

To apply for a car loan in Vannelk Click Here

Car Loan Vannelk

Car financing is a need for everybody as 95% of the people prefer to buy it on loans due to a shortage of funds or the inability to pay a huge sum in a single transaction. People face these issues which creates a huge gap. To fill this gap, we come into the picture and provide car loans to the people in need and to help them buy the car of their choice. We provide loans on interest rates which are lower than the market price. We have tie-ups with top banks and financial institutions and we give you options to choose from them and choose a loan that suits you.

Why Dialabank?

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

Car Loan Vannelk 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 Vannelk Documents Required

To process your loan we need an Identity Proof which includes one of the following: passport copy, PAN card, voters ID card, driving license. We need An Address Proof which includes one of the following: ration card/driving license/voters card/passport copy/telephone bill/electricity bill/life insurance policy/PAN card. We need Bank Statements for the last 6 months as well.

For income proof we need:

  • For Salaried– Latest 3-month salary slip with form 16
  • For Self Employed- Latest ITR

Car Loan Vannelk Eligibility Criteria

  1. The Minimum age requirement is 21 years.
  2. The Maximum age requirement at loan maturity is 65 years.
  3. Minimum employment for Salaried individuals is 1 year in current employment and a minimum of 2 years of employment and for Self Employed individuals is at least 3 years in business
  4. Minimum Annual Income For Salaried individuals is Rs 100000 net annual income and For Self- Employed is Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars

How to Apply for Car Loan in Vannelk?

Applying for a car loan is with us is easy:

  • Visit www.dialabank.com
  • Click on the car loan option on the menu.
  • Fill out the form with your details.
  • Wait for our Relationship manager to contact you.
  • You can also call on 9878981166.

Processing Fees & Prepayment Charges on Car Loan Vannelk

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 Vannelk

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 can lead to rejection of your loan as it is the first thing a bank tracks before processing your loan.

Car Loan Vannelk Contact Number

For quick assistance and to avail of your loans quickly without waiting, you can contact us on 9878981166. We would be happy to assist you in every possible manner.

Pre Calculated EMI Table for Car Loan Vannelk

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 Vannelk

Vannelk is a city that belongs to the Andhra Pradesh state of India

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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