Car Loan Wai

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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

Best Banks for Car Loan in Wai

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 Wai Features

Acar loan wiare tired of getting the loan? One of the most important benefits is that you save your precious time by applying online, as the Car loan in the Wia process is quite simple. Your Car loan gets approved within a day or even on the same day of application.. you can repay the loan amount in the EMI process according to the schedules of the bank. if you applied for a loan from the dialabank, you can get car loans with best and attractive interest rates with high tenure.

Click here for HDFC car loan

Car Loan Wai Interest Rate

Interest rates change from time to time. so one should have a clear idea of interest rates of the car loans.

  • The applicant requires less than Rs. 3 lacs then the interest rate is 10.25% per annum.
  • If the amount of loan is between Rs.3 lacs to Rs.6 lacs, then the interest rate is 9.50% per annum.
  • If the loan amount between Rs.6 lacs and Rs.10 lacs, a 9.25% interest rate will be charged.
  • If the loan amount is between Rs.10-20 lacs, then the interest rate charged will be 9.00% per annum.
  • Lastly, the loan amount above Rs. 20 lacs then the interest rate will be 8.70% per annum.
  • The interest rate for used cars starts at 14.00% per annum.

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 Wai Documents Required

To apply for the car loan certain documents are required. they are:

  • Two latest passport size photocopies are required( without spectacles).
  • Local proofs like Pan card or Aadhar card or Voter Id are required.
  • Income proofs also should be submitted.
  • If the applicant is salaried, the applicant has to submit 3 months of salary slips.
  • If the applicant is self-employed then the applicant has to submit IT returns.
  • The latest bank statements are required.

Car Loan Wai Eligibility Criteria

  • The loan applicant should have an Indian Citizenship.
  • The minimum and maximum age of the applicant is 21 to 65 years.
  • The loan applicant should show his/her income proofs.
  • The loan applicant should have more than 750 Cibil scores.
  • if the applicant is salaried, then the applicant has to submit his/her pay slips of previous months.
  • The salaried applicant should be in the same company for at least 2 years.
  • if the applicant is self-employed then the applicant has to submit his/her Income tax returns.
  • The self-employed applicant should be in the business for at least 3 years.

How to Apply for Car Loan in Wai?

  • Visit Dialabank website.
  • Go to the loan section and select an auto loan followed by a car loan link.
  • Fill the form with details.
  • You will receive a phone call from our experts, and they will guide you further.

Click here for Kotak car loan

Processing Fees & Prepayment Charges on Car Loan Wai

check here for the processing Fees and Prepayment charges on a car loan.

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 Wai

Have you applied for the loan? the lender will know you who are you and what is your income level just by the Cibil score. with proofs like Pan card and Aadhar car Lender will know your Cibil score. Cibil score means the repayment capacity of the person. if you repay the previous loans in time, according to the schedules of the bank. then the Cibil score will fluctuate up. incase if you did not repay the loan in time, your the Cibil score will fluctuate down.

Click here for ICICI car loan

Car Loan Wai Contact Number

For instant help and any more queries, you can call 9878981166.

Pre Calculated EMI Table for Car Loan Wai

check here of Pre calculated EMI table for a car loan.

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 Wai

Wai is the town in the Satara district located in the Indian states of Maharashtra. this has lied on the Krishna river. wai was the oldest town

Car Loan EMI Calculator

Repaying the loans in EMIs will not affect our monthly budget. as well as paying in time will increases our Cibil score.

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