Car Loan Zirakpur

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 8.50%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Best Banks for Car Loan in Zirakpur

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 Zirakpur Features

car loan zirakpur

If you want to apply for a car loan but are confused about the documents required, the eligibility criteria and other information, Dialabank is here for you. We can help get you the best offer a car loan with great convenience, a smooth process, and in record time. In Zirakpur, you can get access to a wide range of appealing features  when it comes to a car loan:

  • Car loans are available at low-interest rates and affordable EMIs, which may vary from bank to bank.
  • Loans are available for both on-road ad ex-showroom prices.
  • Almost all major banks and NBFCs offer car loans in Zirakpur in your vicinity.
  • Full funding is available for new cars, and up to 85% for used ones.

Car Loan Zirakpur 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 Zirakpur Documents Required

The essential documents required to get a car loan approved in Zirakpur are as follows:

  • Identity Proof: Documents such as your passport copy, PAN Card, Voters ID card, Driving License
  • Income Proof: for a Salaried individual, the latest 3-month salary slip with form 16, while for a self-employed, the latest ITR proof
  • Address Proof: Anything among your Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy /PAN Card
  • Bank Statements: for the last 6 months.

Car Loan Zirakpur Eligibility Criteria

The car loan eligibility requirements are as followed in Zirakpur:

  • Minimum age: 21 years for a salaried individual and 30 years in case of a self-employed
  • Maximum age at loan maturity: 60 and 65 years respectively for salaried and self-employed individuals
  • Minimum employment: for a salaried individual, 1 year in current employment and a minimum of 2 years of total employment, while for self-employed, at least 3 years in business
  • Minimum Annual Income: For a salaried individual, Rs 100000 net annual income, while for a self-employed, the 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 Zirakpur?

With Dialabank, availing a car loan offline is also an option, but that not only wastes a lot of your time but also limits your ability to compare offers adequately. So we decided to set up a system online too! Availing a car loan Zirakpur is an easy process with DialaBank:

On our website, click on the car loan option. You will be directed to a page where you will have to fill your personal as well as your professional details, such as your income structure.

This will help our experts shortlist the best offers for you and we will give you a call on the number you provided us with. You can give us a call yourself on the number 9878981166 in case of any queries regarding the loan.

Processing Fees & Prepayment Charges on Car Loan Zirakpur

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

Get a car loan from AXIS bank

Get a car loan from SBI

CIBIL Score Required for Car Loan in Zirakpur

The CIBIL score is referred to as what defines your ability to pay off your credits. A higher Credit score means good credit history and makes your car loan application process smooth and easy, on the other hand, a lower score might charge you a higher interest rate.

Mostly, banks and NBFCs consider a credit score of 750 and above as a good score to approve your loan application process in Zirakpur. If you have a low credit score, do not panic. The fastest way to improve it is to avail short term low-amount loans and paying them on time, or you can show some rented utilities under your name to show that you are punctual in your payments.

Car Loan Zirakpur Contact Number

In case of any queries regarding the car loan in Zirakpur, you may dial-up the number 9878981166 for any sort of assistance!

Pre Calculated EMI Table for Car Loan Zirakpur

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 Zirakpur

Zirakpur is located in the state of Punjab, on the foothills of the Shivakil. Its tourist attractions include MC zoological park, Sukhna Lake, Gurudwara Sri Baoli Sahib and many more. It also acts as a gateway between Chandigarh and Delhi. Its population is around a lakh.

Car Loan EMI Calculator

Get a car loan from HDFC bank

Get a car loan from Kotak Mahindra bank

Share This

Menu