Chaitanya Godavari Grameena Bank Car Loan

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Chaitanya Godavari Grameena Bank Car Loan Key Features – Jan 2021

Chaitanya Godavari Grameena Bank Car Loan Rate of Interest 7.50%
Min Loan Amount ₹ 1,00,000
Max Loan Amount
(Loan to Value)
Loan up to 90% of On Road Price
Loan Tenure 1 year to 7 years
Lowest EMI / Lac ₹ 1,524
Minimum Net Monthly Income ₹ 25,000
Minimum ITR for Self Employed ₹ 300,000
Age Criteria Salaried: 21 years to 60 years
Self Employed: 21 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
Chaitanya Godavari Grameena Bank Car loan Foreclosure Charges No foreclosure charges
Basic Documentation ID Proof, Address Proof, Salary Slip, Bank Statement, and Car Quotation

About Chaitanya Godavari Grameena Bank Car Loans

Chaitanya Godavari Grameena Bank Car Loan rates are availed at reasonable interest rates to the consumer for buying their dream car. You can buy a new or a second hand car as per your requirements or needs. It is an accessible loan which can be acquired by anyone who has a good CIBIL score.

Advantages of Chaitanya Godavari Grameena Bank Car Loan

Chaitanya Godavari Grameena Bank Car Loan

Chaitanya Godavari Grameena Bank Car Loan Eligibility

Salaried Individual
  • Age – 21-60 years of age
  • Net Monthly Income – should be minimum ₹ 25000
  • Employment Duration – Minimum 1 year
  • Income Eligibility – Depends on Form 16 and Salary Slip
Self-Employed Individuals
  • Age – 21-65 years of age
  • Minimum ITR  – Rs. 4 lakh, Rs. 18 lakhs (for selected car models)
  • Employment Duration – Minimum 3 years
  • Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
  • Minimum ITR  – Rs. 4 lakh, Rs. 18 lakhs (for selected car models)
  • Employment Duration – Minimum 3 years
  • The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
  • Applicant should have a vintage of at least 6 months
  • Average Quarterly Balance – Minimum Rs.1 lakh for last 2 quarters
  • Maximum Loan Amount – 3 X Average Quarterly Balance of Last 2 quarters

Chaitanya Godavari Grameena Bank Car Loan Interest Rate, Fees and Charges

Charges New Car Loan Used Car Loan
Interest Rate [email protected]% [email protected]%
Processing fee 0.40% of the principal amount Up to 0.25% (Max Rs. 5,000)
Issuance of Duplicate Repayment Schedule Charges Rs.500 per instance Rs.500 per instance
Foreclosure Charges No foreclosure charges No foreclosure charges
Penal Interest 2% per month 2% per month
Part Payment charges 3% of the paid amount 3% of the paid amount
Cheque/Instrument Swap Charge NIL NIL
Documentation Charge Rs.1000 per instance Rs.1000 per instance
Issuance of Duplicate No Dues Certificate Charges NIL NIL
Registration Certification Collection Charge NIL NIL
Cheque Bounce/Instrument Return Charges Rs.750 per instance Rs.750 per instance
Issuance of Duplicate Statement Charges Rs. 10 per page Rs.10 per page
Loan Cancellation/Re-booking Charges NIL NIL
Issuance of Credit Report NIL NIL

Chaitanya Godavari Grameena Bank Car Loan Documents Required

Salaried Individual

Category Documents Required
Identity Proof(Any 1) Driving License
Aadhaar Card
Passport
PAN
Voter ID
Address Proof(Any 1) Driving License
Aadhaar Card
Passport
PAN
Voter ID
Date of Birth Proof(Any 1) Birth Certificate
Passport
Driving License
PAN
Signature Proof(Any 1) Passport
Bankers Verification
PAN
Income Proof Latest Form 16 and Salary Slips
Bank Statement Bank statement of last 3 months
Employment Continuity Proof Work Experience Certificate
ITR of Form 16
Salary Slip with Joining Date
Appointment Letter
Letter of Relieving

Self-Employed Individuals

Category Documents Required
Identity Proof (Any 1) Driving License
Aadhaar Card
Passport
PAN
Voter ID
Address Proof (Any 1) Driving License
Aadhaar Card
Passport
PAN
Voter ID
Date of Birth Proof (Any 1) Birth Certificate
Passport
Driving License
PAN
Signature Proof (Any 1) Passport
Bankers Verification
PAN
Income Proof Latest Form 16 and Salary Slips
Bank Statement Bank statement of last 3 months
Employment Continuity Proof Shop & Establishment Act Certificate
Current Account Statement
SSI or MSME Registration Certificate
Sales Tax or VAT Certificate
Business Proof Current Account Statement
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
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) Driving License
Aadhaar Card
Passport
PAN
Voter ID
Address Proof (Any 1) Driving License
Aadhaar Card
Passport
PAN
Voter ID
Income Proof Audited Balance Sheet
P&L Account and ITR for the previous 2 years
Bank Statement Bank statement of last 3 months
Business Continuity Proof Shop & Establishment Act Certificate
Current Account Statement
SSI or MSME Registration Certificate
Sales Tax or VAT Certificate
Additional documents Authority Letter/PAN cards

2. Private Limited/Limited Companies

Category Documents Required
Identity Proof Copy of Latest MOA
Copy of Incorporation
Copy of Latest AOA
Address Proof (Any 1)
Current Account Statement
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
Sales Tax or VAT Certificate
Registered Lease Document with other utility bills
Income Proof Audited Balance Sheet
P&L Account and ITR for the previous 2 years
Bank Statement Bank statement of last 3 months
Business Continuity Proof Shop & Establishment Act Certificate
Current Account Statement
SSI or MSME Registration Certificate
Sales Tax or VAT Certificate
Additional documents
List of Directors and Shareholding Partners
PAN Card
Board Resolution
Certificate of Commencement of Business for Ltd. Co.

Chaitanya Godavari Grameena Bank Car Loan EMI Calculator

With the Chaitanya Godavari Grameena Bank Car loan interest rate calculator, the applicant has the option to check out the EMIs before getting a Car Loan. You can easily check through the link below:

Car Loan EMI Calculator

Chaitanya Godavari Grameena Bank Car Loan Types

Chaitanya Godavari Grameena Bank car loan offers different types of car loans to its customers. You can choose what type of car loan works the best for you.

  1. New Car Loan –  If you are thinking to buy a new car, it is the scheme for you. You can get a Chaitanya Godavari Grameena Car Loan for a minimum of Rs. 1 lakh and a minimum tenure of 7 years.
  2. Used Car Loan – If you want to buy a used car then you must choose this scheme which offers a minimum loan of Rs. 1 lakh and a minimum tenure of 5 years.
  3. Loan Against Car – You can choose this scheme if you require urgent funds where you can keep your cars as an assurance with the bank.

Chaitanya Godavari Grameena Bank Car Loan Pre Calculated EMI

How to Apply for Chaitanya Godavari Grameena Bank Car Loan online?             

  1. Visit Dialabank
  2. Fill the form available at the top of the page.
  3. Our Relationship Manager will guide you throughout the procedure.
  4. You can compare different offers of various banks and choose according to your suitability.
  5. You can easily apply for a Car Loan through Dialabank and enjoy offers.

Chaitanya Godavari Grameena Bank Car Loan for Top Selling Cars

FAQs for Chaitanya Godavari Grameena Bank Car Loan

✅ What is Chaitanya Godavari Grameena Bank Car Loan?

Chaitanya Godavari Grameena Bank Car Loan is provided to you for purchasing a new as well as a used car.

✅ How can I get Car Loan from Chaitanya Godavari Grameena Bank?

You can get a car loan from Chaitanya Godavari Grameena Bank by visiting the nearest bank branch.

✅ How does Chaitanya Godavari Grameena Bank Car Loan work?

Chaitanya Godavari Grameena Bank car loan interest rates are reasonable. If you have the right documents, it is very easy to get the loan approval. Chaitanya Godavari Grameena Bank offers a flexible loan tenure period.

✅ What is the Car Loan Interest Rate in Chaitanya Godavari Grameena Bank?

The interest rate charged by Chaitanya Godavari Grameena Bank for a car loan starts at 7.50%.

✅ How to Check Car Loan status in Chaitanya Godavari Grameena Bank?

You can visit the Chaitanya Godavari Grameena Bank branch to check your car loan status. Also, you can use Chaitanya Godavari Grameena’s net banking services to check your car loan status.

✅ How to Calculate Car Loan interest in Chaitanya Godavari Grameena Bank?

For the calculation of your car loan interest in Chaitanya Godavari Grameena Bank, the following information is required:

  • Loan tenure
  • Rate of interest
  • Loan amount

✅What is the maximum loan amount I can avail myself on Car Loan from Chaitanya Godavari Grameena Bank?

You can get a maximum loan amount for a car loan from Chaitanya Godavari Grameena Bank is up to 90% of On Road Price.

✅ What is the loan tenure of Chaitanya Godavari Grameena Bank Car Loan?

The loan tenure duration for a car loan from Chaitanya Godavari Grameena Bank ranges from 1 to 7 years.

✅ Can I get 100% Car Loan from Chaitanya Godavari Grameena Bank?

You can get loan up to 90% of On Road Price for a car loan from Chaitanya Godavari Grameena Bank. Dialabank helps you get a 100% rate Car Loan.

✅ How much processing fee is applicable on Chaitanya Godavari Grameena Bank Car Loan?

Chaitanya Godavari Grameena Bank charged a processing fee is 0.40% of the principal amount for getting a car loan.

✅ What are the EMI options available on Chaitanya Godavari Grameena Bank Car Loan?

You can pay the car loan EMIs directly from your bank account. The net banking services can also be used for the same.

✅ What are the Chaitanya Godavari Grameena Bank Car Loan Prepayment charges?

Chaitanya Godavari Grameena Bank does not have any prepayment charges for availing a car loan.

✅ Can I get a top-up loan on my existing Chaitanya Godavari Grameena Bank Car Loan?

Yes, you can get a top-up loan on your existing Chaitanya Godavari Grameena Bank for a car loan. Dialabank can help you get a top-up car loan at good rates.

✅ Do I need to provide a guarantor to avail a car loan from Chaitanya Godavari Grameena Bank?

There is no need for a guarantor for getting a Chaitanya Godavari Grameena Bank Car loan.

✅ How to get a Chaitanya Godavari Grameena Bank Car Loan Statement?

For getting a car loan statement from Chaitanya Godavari Grameena Bank, you can use Chaitanya Godavari Grameena Bank’s mobile banking app. Also, you can visit Dialabank online and fill a simple form there and get offers.

✅ How to pay Chaitanya Godavari Grameena Bank Car Loan interest online?

You can pay your car loan interest through the net -banking services of Chaitanya Godavari Grameena Bank. Dialabank helps you get a low interest rate.

✅ What if I can’t pay the interest on Chaitanya Godavari Grameena Bank Car Loan for 3 months?

If you can’t pay the interest on Chaitanya Godavari Grameena Bank for Car Loan for 3 months, then it will add up to the outstanding loan amount and repayment charges will reframe.

✅ How can I apply for EMI Moratorium on Chaitanya Godavari Grameena Bank Car Loan?

You can apply for EMI Moratorium on Chaitanya Godavari Grameena bank by visiting the nearby branch of Chaitanya Godavari Grameena bank or you can submit a request through an email. Also, if you want relief for the balance duration, you must apply through Dialabank.

✅ Can I close the Chaitanya Godavari Grameena Bank car loan online?

You can close your Car loan from Chaitanya Godavari Grameena Bank by using the net-banking page of Chaitanya Godavari Grameena Bank. You have to log in with your Chaitanya Godavari Grameena bank car loan details on the net -banking page and pay your car loan.

✅ What is the Chaitanya Godavari Grameena Bank Car Loan Customer Care Number?

The customer care number of Chaitanya Godavari Grameena Bank Car loan queries is  9878981166.

✅ How can I get NOC from Chaitanya Godavari Grameena Bank for a car loan?

You can get a car loan NOC from Chaitanya Godavari Grameena Bank when you clear your car loan amount.

 What is the Chaitanya Godavari Grameena Bank Car Loan closure procedure?

  • Just go to the bank with the documents.
  • Write a letter for pre-closure of the Chaitanya Godavari Grameena Bank Car Loan account.
  • Pay the pre-closure charges as per the Bank Car Loan.

✅ What are the Chaitanya Godavari Grameena Bank Car Loan preclosure charges?

Chaitanya Godavari Grameena Bank Car Loan preclosure charges are zero.

✅ What is the Chaitanya Godavari Grameena Bank Car Loan maximum tenure?

The Chaitanya Godavari Grameena Bank Car Loan maximum tenure is 7 years.

✅ What is the Chaitanya Godavari Grameena Bank Car Loan minimum tenure?

The minimum tenure for the car loan is 1 year.

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