Dakshin Bihar Gramin Bank Car Loan

Dakshin Bihar Gramin Bank Car Loan Key Features – Jan 2021

Dakshin Bihar GraminBank Car Loan Interest Rate

7% per annum

Min Loan Amount ₹ 1,00,000
Max Loan Amount
(Loan to Value)
100% of Ex-showroom Price
Loan Tenure 12 to 84 months
Lowest EMI / Lac ₹ 1,634
Minimum Net Monthly Income ₹ 25,000
Minimum ITR for Self Employed ₹ 4,00,000
Age Criteria Salaried: 21 years – 60 years
Self Employed: 21 years – 70years
Types of Cars For All New Passenger Cars, Multi Utility Vehicles (MUVs), and Sport Utility Vehicle (SUVs).
Processing Fee 0.50% or minimum Rs.1500
Foreclosure Charges Nil
Basic Documentation ID Proof, Address Proof, Salary Slip, and Car Quotation

About Dakshin Bihar Gramin Bank Car Loan

Dakshin Bihar Gramin Bank is a Gramin Bank in India established on 02-10-1975. It has headquartered in Moradabad and its address is Prathama Bhawan, Ram Ganga Vihar Phase-II, Post Box NO. 446, Moradabad-244001. it has 422 branches across the state. Prathama Bank Car Loan Interest Rates, Car Loan at

7% per annum

. Updated on 21 Jan 2021. Apply for Car Loans Online. Find Prathama Bank Car loan purpose, Eligibility, Margin, Repayment of Car Loan, Security, Documents Required.

Advantages of Dakshin Bihar Gramin Bank Car Loan

Dakshin Bihar Gramin Bank Car Loan

Dakshin Bihar Gramin  Bank Car Loan Eligibility

Salaried Individual
  • Age – Should be a minimum of 21 years old and should not exceed 60 years.
  • Net Monthly Income – Rs.25000 is the base criteria.
  • Employment Duration – At least one year
  • Income Eligibility – Form 16
Self-Employed Individuals
  • Age – 21-70 years of age
  • Minimum ITR  – Rs. 4 lakh
  • Employment Duration – 3 years(minimum)
  • Income Eligibility –  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 must be associated with at least six months.
  • Average Quarterly Balance – Rs.5000
  • Maximum Loan Amount – 3 times

Dakshin Bihar Gramin  Bank Car Loan Interest Rate, Fees, and Charges

Charges New Car Loan Used Car Loan
Interest Rate  

7% per annum

   14.80% p.a. to 16.80% p.a.
Processing fee 0.50%(minimum Rs.1500) 0.50%(minimum Rs.1500)
Issuance of Duplicate Repayment Schedule Charges Above Rs.350 Above Rs.350
Foreclosure Charges Nil Nil
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 Above Rs.350 Above Rs.350
Documentation Charge Above Rs.350 Above Rs.350
Issuance of Duplicate No Dues Certificate Charges Above Rs.350 Above Rs.350
Registration Certification Collection Charge Above Rs.150 Above Rs.150
Cheque Bounce/Instrument Return Charges Above Rs.350 Above Rs.350
Issuance of Duplicate Statement Charges Above Rs.350 Above Rs.350
Loan Cancellation/Re-booking Charges Nil Nil
Issuance of Credit Report Above Rs.50 Above Rs.50

Dakshin Bihar Gramin Bank Car Loan Documents Required

Salaried Individual

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

Self-Employed Individuals

Category Documents Required
Identity Proof (Any 1) Aadhar card
PAN Card
Driving License
Address Proof (Any 1) Driving Licence
Aadhaar Card
Voter ID
Utility Bills
Date of Birth Proof (Any 1) Birth Certificate
Passport
Driving Licence
High School Marksheet
Signature Proof (Any 1) Passport
PAN
Bankers verification
Income Proof Latest Form 16 and Salary Slips
Bank Statement Bank statement of last three months
Employment Continuity Proof Current Account Statement
SSI or MSME Registration Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof Telephone Bill
Electricity Bill
Current Account Statement
Sales Tax or VAT Certificate
Registered Lease Document with other utility bills
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate
  1. Partnership Firms/Societies

Category Documents Required
Identity Proof (Any 1) Driving Licence
Aadhaar Card
Passport
PAN
Voter ID
Address Proof (Any 1) Driving Licence
Aadhaar Card
Passport
PAN
Voter ID
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 Shop & Establishment Act Certificate
Current Account Statement
SSI or MSME Registration Certificate
Sales Tax or VAT Certificate
Additional documents Authority Letter/PAN cards
  1. Private Limited/Limited Companies

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

Dakshin Bihar Gramin Bank Car Loan EMI Calculator

The applicant can calculate its EMI on the Car Loan before even availing it by following the address below:

Car Loan EMI

Dakshin Bihar Gramin Bank Car Loan Types

There’s a long list of Car Loan Products provided by Prathama Bank Car Loan. Choose among them according to your desires. Lit of Car Loan provided by Prathama Bank Car Loan:
Prathama Bank Car Loan offers different types of car loans to its customers. You have the option of choosing the offer which suits your need the best. It offers the following types of Car Loans:

  1. New Car Loan –  Applicants looking to buy a new car can go for this. You can get a car loan for a minimum amount of Rs. 1 lakh and tenure up to 7 years.
  2. Used Car Loan – Individuals wanting to buy used cars can avail Used Car loan with a minimum amount of Rs. 1 Lakh and a tenure of 5 years.
  3. Loan Against Car – Applicants with the urgency of funds can go for this loan by providing their car as a gage and getting a loan amount against it.

Dakshin Bihar Gramin Bank Car Loan Pre Calculated EMI

How to Apply for Dakshin Bihar Gramin Bank Car Loan?

  1. Reach out to Dialabank at https://www.dialabank.com and provide the information asked on the form.
  2. Our Relationship Manager will contact you shortly to guide you through the Prathama Bank Car Loan process.
  3. Compare and select from various options available.
  4. Applying for a Car Loan with Dialabank helps you avail yourself of the various offers.

FAQs for Dakshin Bihar Gramin Bank Car Loan

✅What is Dakshin Bihar Gramin Bank Car Loan?

Dakshin Bihar Gramin Bank Car Loan is a secured loan provided by the Bank to applicants looking to allocate funds for buying a new or used car

How can I get a Car Loan from Dakshin Bihar GraminBank Car Loan?

Dakshin Bihar Gramin Bank Car Loan can be availed by applying directly through Dialabank or reaching out to the nearest branch f the Bank.

How does Dakshin Bihar Gramin Bank Car Loan work?

Working on Dakshin Bihar Gramin Bank Car Loan is pretty simple as it involves allocating funds to its customers willing to buy a car and keeping the same as collateral. The rate of Interest is charged against the loan and is repaid in burdenless EMIs.

What is the Car Loan Interest Rate in Dakshin Bihar Gramin Bank Car Loan?

Car Loan Interest Rate in Dakshin Bihar Gramin Bank Car Loan is as low as

7% per annum

.

How to Check Car Loan status in Dakshin Bihar Gramin Bank Car Loan?

Check car Loan status in Dakshin Bihar Gramin Bank Car Loan directly by reaching out to the Bank’s website and providing your Loan number on the Loan Status page.

How to Calculate Car Loan Interest in Dakshin Bihar Gramin Bank Car Loan?

Calculate Car Loan Interest in Dakshin Bihar Gramin Bank Car Loan by using Dialabank’s Calculator. This Calculator provides information about the EMI and Interest of your Loan.

What is the maximum loan amount I can avail myself of on a Car Loan from Dakshin Bihar Gramin Bank Car Loan?

Car Loan from Dakshin Bihar Gramin Bank Car Loan can avail you of up to 100% amount of the ex-showroom price of the vehicle.

What is the loan tenure of Dakshin Bihar Gramin Bank Car Loan?

Dakshin Bihar Gramin Bank Car Loan Tenure range between 12 to 84 months.

Can I get a 100% Car Loan from Dakshin Bihar Gramin Bank?

Yes, a 100% car loan from Dakshin Bihar Gramin Bank Car Loan can be provided on the Ex-showroom price of the car.

How much Processing Fee is applicable on Dakshin Bihar Gramin Bank Car Loan?

Processing Fees of 0.50% or a minimum of Rs.1500 is applicable on Dakshin Bihar Gramin Bank Car Loan.

What are the EMI options available on Dakshin Bihar Gramin Bank Car Loan?

EMI options of Step-up EMI and Balloon EMI are available with Dakshin Bihar Gramin Bank Car Loan.

What are the charges for Prepayment in Dakshin Bihar Gramin Bank Car Loan?

There are NO charges for Prepayment in Dakshin Bihar Gramin Bank Car Loan.

Can I get a top-up loan on my existing Dakshin Bihar Gramin Bank Car Loan?

Top-up Loan on Existing Dakshin Bihar GraminBank Car Loan can only be availed under particular circumstances.

Do I need to provide a guarantor to avail myself of a Car Loan from  Prathama Bank Car Loan?

A guarantor is not needed to avail of a Car Loan from Dakshin Bihar Gramin Bank Car Loan.

How to get Dakshin Bihar Gramin Bank Car Loan Statement?

Dakshin Bihar Gramin Bank Car Loan Statement is readily available on the Bank’s website and can be availed by providing the Loan Details.

How to Pay Dakshin Bihar Gramin Bank Car Loan Interest Online?

Pay Dakshin Bihar Gramin Bank Car Loan Interest Online through Bank’s Payment gateways using your Net Banking.

What if I can’t pay the interest on Dakshin Bihar Gramin Bank Car Loan for 3 months?

Bank has the right to seize the vehicle or charge a nominal penalty for not paying Dakshin Bihar Gramin Bank Car Loan EMI for 3 Months.

How can I apply for EMI Moratorium on Dakshin Bihar Gramin Bank Car Loan?

EMI Moratorium on Dakshin Bihar Gramin Bank Car Loan can be requested directly with the Bank.

What is the number for Prathama Bank Car Loan agent?

9878981166 is the number for Dakshin Bihar Gramin Bank’s most valuable Car Loan Agent, i.e. Dialabank.

Can I close Dakshin Bihar Gramin Bank Car Loan online?

Prathama Bank Car Loan cannot be closed online; an Applicant has to reach the branch for the closure process.

What is Dakshin Bihar Gramin Bank Car Loan Customer Care Number?

9878981166 is the number for all the queries related to Dakshin Bihar Gramin Bank Car Loan.

How can I get NOC from Dakshin Bihar Gramin Bank Car Loan?

NOC from Dakshin Bihar Gramin Bank Car Loan can be availed after completing the foreclosure process.

 What is the Dakshin Bihar Gramin Bank Car Loan closure procedure?

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

What are the Dakshin Bihar Gramin Bank Car Loan preclosure charges?

Dakshin Bihar Gramin Bank Car Loan preclosure charges are zero.

 What is the Dakshin Bihar Gramin Bank Car Loan maximum tenure?

The Prathama Bank Car Loan maximum tenure is 7 years.

What is the Dakshin Bihar Gramin Bank Car Loan minimum tenure?

The Dakshin Bihar Gramin Bank Car Loan minimum tenure is 1 year.

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