Catholic Syrian Bank Car Loan

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 7.35%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Catholic Syrian Bank Car Loan Key Features

Catholic Syrian Bank Car Loan Interest Rate 7.35%* per annum
Min Loan Amount ₹ 1,00,000
Max Loan Amount
(Loan to Value)
Loan up to 90% of On Road Price
or 100% of Ex-showroom Price
Loan Tenure Max 5 Years
Lowest EMI / Lac ₹ 2,000
Minimum Net Monthly Income Changes accordingly*
Minimum ITR for Self Employed ₹ 300,000
Age Criteria Salaried: 18 years to 60 years
Self Employed: 18 years to 65 years
Types of Cars For All New Passenger Cars, Multi Utility Vehicles (MUVs) and Sport Utility Vehicle (SUVs).
Processing Fee 0.40% of the principal amount
Foreclosure Charges N/a
Basic Documentation ID Proof, Address Proof, Salary Slip, Bank Statement and Car Quotation

About Catholic Syrian Bank Car Loan

Catholic Syrian Bank is an Indian private sector bank headquartered in the district of Thrissur of the state Kerela.
It is known as one of the oldest bank running to date with a massive network of 459 branches and more than 250 ATMs across the nation.
C.V.R.Rajendran is the CEO of the bank from 2016. The Bank was founded back on 26 Nov 1920.

Catholic Syrian Bank has a long-range of financial products available for its customers, and a car loan is one among them.

Advantages of Catholic Syrian Bank Car Loan

Catholic Syrian Bank Car Loan

Catholic Syrian Bank Car Loan Eligibility

Salaried Individual
  • Age – 18-60 years of age
  • Net Monthly Income – > ₹ 15000
  • Employment Duration – Minimum 1 year
  • Income Eligibility – Depends on Form 16 and Salary Slip
Self-Employed Individuals
  • Age – 18-65 years of age
  • Minimum ITR  – Rs. 3 Lakh Minimum
  • Employment Duration – Minimum 3 years
  • Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
  • Minimum ITR  – Rs. 3 lakh Minimum
  • Employment Duration – Minimum 3 years
  • The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
  • Average Quarterly Balance – Minimum Rs.1 lakh for the last two quarters
  • Maximum Loan Amount – 3 X Average Quarterly Balance of Last two quarters

Catholic Syrian Bank Car Loan Interest Rate, Fees and Charges

Charges New Car Loan Used Car Loan
Interest Rate 7.35% p.a. to 11.30% p.a. 14.80% p.a. to 16.80% p.a.
Processing fee 0.40% of the principal amount Nil
Issuance of Duplicate Repayment Schedule Charges Starting from Rs.500 Starting from Rs.500
Foreclosure Charges 5% of the principal outstanding 5% of the principal outstanding
Penal Interest 2% per month 2% per month
Part Payment charges 5% of the paid amount 5% of the paid amount
Cheque/Instrument Swap Charge Starting from Rs.500 Starting from Rs.500
Documentation Charge Starting from Rs.500 Starting from Rs.500
Issuance of Duplicate No Dues Certificate Charges Starting from Rs.500 Starting from Rs.500
Registration Certification Collection Charge Starting from Rs.200 Starting from Rs.200
Cheque Bounce/Instrument Return Charges Starting from Rs.500 Starting from Rs.500
Issuance of Duplicate Statement Charges Starting from Rs.500 Starting from Rs.500
Loan Cancellation/Re-booking Charges >Rs.2000 >Rs.2500
Issuance of Credit Report Around Rs.50 Around Rs.50

Catholic Syrian Bank Car Loan Documents Required

Salaried Individual

Category Documents Required
Identity Proof

 

(Any 1)

Aadhar Card
PAN Card
DL
Passport
Address Proof

 

(Any 1)

Voter ID
Passport
Electricity Bill
DL
Date of Birth Proof

 

(Any 1)

10th Marksheet
Passport
DL
Signature Proof

 

(Any 1)

Passport
Bankers Verification
PAN
Income Proof  Form 16 and Salary Slips
Bank Statement At least the last two months
Employment Continuity Proof Salary Slip with Joining Date
Appointment Letter
Work Experience Certificate
ITR of Form 16

Self-Employed Individuals

Category Documents Required
Identity Proof (Any 1) PAN Card
Aadhar Card
Passport
Voter ID
Address Proof (Any 1) Driving Licence
Aadhaar Card
Passport
PAN
Voter ID
Date of Birth Proof (Any 1) 10th Marksheet
Passport
Voter ID
Signature Proof (Any 1) PAN
Bankers Verification
Passport
Income Proof Salary Slips
Bank Statement Two months Bank Statements
Employment Continuity Proof Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Sales Tax or VAT Certificate
Current Account Statement
Business Proof Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Current Account Statement
Telephone Bill
Electricity Bill
Sales Tax or VAT Certificate
Registered Lease Document with other utility bills

Self-Employed Non-Individuals:

1. Partnership Firms/Societies

Category Documents Required
Identity Proof (Any 1) PAN Card
Aadhar Card
DL
Voter ID
Address Proof (Any 1) Utilities Bill
Passport
Voter ID
Income Proof Audited Balance Sheet
Last two years P&L account and filed ITR
Bank Statement 2 Months Bank statements
Business Continuity Proof Current Account Statement
SSI or MSME Registration Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Additional documents Authority Letter or PAN cards

2. Private Limited/Limited Companies

Category Documents Required
Identity Proof Copy of Incorporation
Copy of Latest AOA
Copy of Latest MOA
Address Proof (Any 1) SSI or MSME Registration Certificate
Sales Tax or VAT Certificate
Registered Lease Document with other utility bills
Current Account Statement
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Income Proof Audited Balance Sheet
P&L Account and ITR for the previous two years
Bank Statement Bank statement of last three months
Business Continuity Proof Current Account Statement
SSI or MSME Registration Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Additional documents
PAN Card
Board Resolution
List of Directors and Shareholding Partners
Certificate of Commencement of Business for Ltd. Co.

Catholic Syrian Bank Car Loan EMI Calculator

Check your EMI even before applying for the loan by EMI calculator attached below:

Car Loan EMI Calculator

Catholic Syrian Bank Car Loan Types

Catholic Syrian Bank provides numerous car loans to its customers. Choose the best among them according to your needs. Listed below the available types:

  1. New Car Loan –  Choose this type if you are looking to buy a brand new car directly from the dealership. With a tenure of up to 5 years.
  2. Used Car Loan – buy any second-hand car according to your needs by this loan with a tenure of 5 years. Get a minimum loan amount of Rs.1 lakh.
  3. Loan Against Car – Applicants looking for ways to avail quick cash funds can go for this loan by gaging their owned car against the loan.

Catholic Syrian Bank Car Loan Pre Calculated EMI

How to Apply for Catholic Syrian Bank Car Loan?

  1. Go on to http://www.dialabank.com and fill the necessary details.
  2. Our highly knowledgeable Relationship Manager will contact you and will guide you throughout the loan process.
  3. Compare from various available options and select after doing the best study.
  4. Applying with Dialabank helps you to explore more and get exciting offers.

Catholic Syrian Bank Car Loan for Top Selling Cars

Other Available Products from Catholic Syrian Bank

Catholic Syrian Bank Personal Loan Catholic Syrian Bank Gold Loan
Catholic Syrian Bank Home Loan Catholic Syrian Bank TWL

FAQs for Catholic Syrian Bank Car Loan

✅ What is the Catholic Syrian Bank Car Loan?

Catholic Syrian Bank Car loan is the fund allocation support for the applicants willing to buy a new or used car. Bank provides funds in the form of a loan.

✅ How can I get Car Loan from Catholic Syrian Bank

Catholic Syrian Bank Car Loan does not consist of any predefined Processing fees, but documentation charges along with approval fee might apply.

✅ How does Catholic Syrian Bank Car Loan work?

Catholic Syrian Bank Car Loan consists of an applicant applying for the Car Loan and getting funds to buy a new car, Later repaying the amount in small EMIs including the rate of interest.

✅ What is the Car Loan Interest Rate in Catholic Syrian Bank?

7.35% is the Interest Rate in Catholic Syrian Bank Car Loan.

✅ How to Check Car Loan status in Catholic Syrian Bank?

To check Car Loan status in Catholic Syrian Bank, visit the website of the bank and look for the “Loan Status” portal.

✅ How to Calculate Car Loan Interest in Catholic Syrian Bank?

Calculate Car Loan Interest in Catholic Syrian Bank by using Dialabank’s Calculator, This helps to find out Interest Rate and EMI of Car Loans.

✅ What is the maximum loan amount I can avail on Car Loan from Catholic Syrian Bank?

You can avail 100% Loan amount on the ex-showroom price of the Car from Catholic Syrian Bank.

✅ What is the loan tenure of Catholic Syrian Bank Car Loan?

5 years is the maximum loan Tenure of Catholic Syrian Bank Car Loan.

✅ Can I get 100% Car Loan from Catholic Syrian Bank?

You can get 100% Car Loan on the ex-showroom price of the car from Catholic Syrian Bank.

✅ How much Processing Fee is applicable on Catholic Syrian Bank Car Loan?

0.40% of the principal amount is applicable on Catholic Syrian Bank Car Loan.

✅ What are the EMI options available on the Catholic Syrian Bank Car loan?

Catholic Syrian bank provides two EMI options on Car Loan ,i.e Balloon EMI and Step-up EMI.

✅ What are the charges for Prepayment in Catholic Syrian Bank Car Loan?

No charges are imposed for prepayment of the Car Loan in the Catholic Syrian Bank.

✅ Can I get a top-up loan on my existing Catholic Syrian Bank car loan?

Yes, Top-up on an existing car loan can be availed with Catholic Syrian Bank.

✅ Do I need to provide a guarantor to avail a car loan from Catholic Syrian Bank?

No, Catholic Syrian Bank doesn’t require any guarantor for giving the Car Loan.

✅ How to get Catholic Syrian Car Loan Statement?

Get your car Loan Statement from Catholic Syrian Bank by any nearest branch.

✅ How to Pay Catholic Syrian Bank Car Loan Interest Online?

Use Catholic Syrian Bank payment portal to pay your car loan interest online using Net Banking.

✅ What if I can’t pay the interest on Catholic Syrian Bank Car Loan for 3 months?

Catholic Syrian Bank has the right to take control of your vehicle and impose fine for not paying EMIs for three months.

✅ How can I apply for EMI Moratorium on Catholic Syrian Bank Car Loan?

You have to raise a request in the branch for availing EMI Moratorium on Catholic Syrian Bank Car Loan.

✅ What is the number for Catholic Syrian Bank Car Loan agent?

9878981166 is the number of Dialabank, which is one of the most trusted agents of Catholic Syrian Bank Car Loan.

✅Can I close catholic Syrian Bank Car loan online?

Catholic Syrian Bank requires the applicant to reach the nearest branch of the bank to start the Car Loan Closure process.

✅What is the Catholic Syrian Bank Car Loan Customer Care Number?

Ring us on 9878981166 for any of your Car Loan created problems.

✅How can I get NOC from Catholic Syrian Bank for a car loan?

Catholic Syrian Bank provides NOC for a Car Loan after completing the Loan Closure process and paying all the outstanding amount.

 

Table of Contents

Menu