Diwali Offer On Car Loan

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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

Diwali Offer On Car Loan @ 8.70%- Apply Online

Diwali Offer on Car Loan

If you are planning to buy your dream car this Diwali, Dialabank is offering you the best way to own that car. Dialabank allows you to pay for your car in equated monthly installments rather than shelling your pockets at once. Apply for the car loan with the help of Dialabank and make your dream come true.

About Car Loan

Car Loan is a financial help provided by the bank & NBFC’s. It is a secured loan. It is a scheme that allows the person to pay for the vehicle in parts. Car Loan is available at easy documentation with fast processing and an attractive rate of interest. Don’t think much and apply for the car now and grab the best deal.

Find the Best Rate on Car Loan

Interest Rate

New Car

Less than 3 lacs

10.25%

3-6 lacs

9.50%

6-10 lacs

9.25%

10-20 lacs

9.00%

More than 20 lacs

8.70%

Used Car

14.00%

Factors that affect Car Loan Interest Rates

Credit history: The interest rate depends on the credit history you have built in past years, the high credit/cibil score will not only help in getting a loan but will also empower you with a strong bargaining power.

Income level: Higher the income better are the chances for the approval of higher loan amount.

Tenure of the loan: Car loan is generally available for the tenure of up to 7 years.  It is generally seen that banks charge a higher interest rate for a loan of a shorter time period and vice versa. Longer tenors will enhance repayment capacity.

Car model and age: It is necessary for the bank to consider the car model in deciding the interest rate as on sale every model may not fetch the expected price. New cars are easily financed than used cars; a high-end model will be expensive which means the borrower has to be able to pay the required down payment.

Find the Most Suitable offer for Car Loan 

Personalized Service: Our trained Relationship Managers will understand your requirements and your profile and help you find the most suitable Car Loan offer.

Rate Comparison: We help you understand the details of the costs involved in taking a Car Loan and help you find the cheapest Offer.

Research: Benefit from dialabank detailed research on all the products from the leading Car Loan players in the market and make the right choice.

Zero Charges Schemes: We offers personalized service to our customers at zero fees. Use dialabank services to find the right Car Loan deal at no extra cost.

Unbiased and Transparent Search: Our objective is to simplify your Car Loan search and we provide information in an unbiased and transparent manner.

Features of Car Loan

  1. The loan is easily accessible.
  2. The car loan can be gotten anywhere in India.
  3. The rates of interest are very low in the car loan.
  4. The documentation process is very simple and easy, not that many documents are required.
  5. The bank doesn’t put any check on your credit history.
  6. A car loan is approved easily.
  7. The bank provides full transparency and there are no hidden charges.
  8. The bank does financing of  90-95% on new cars.
  9. The bank also provides doorstep installment collection.

car loan

Eligibility Criteria of Car Loan

SALARIED INDIVIDUALS

  1. Minimum age of Applicant: 21 years.
  2. Maximum age of Applicant at loan maturity: 58 years.
  3. Minimum employment: 1 year in current employment and minimum 2 years of employment.
  4. Minimum Annual Income: Rs 100000 net annual income.
  5. Telephone: Must at the residence.

SELF – EMPLOYED 

  1. Minimum age of Applicant: 21 years
  2. Maximum age of Applicant at loan maturity: 65 years
  3. Minimum employment: At least 3 years in business
  4. Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
  5. Telephone: Must at the residence

PARTNERSHIP FIRMS 

  1. Minimum Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars.
  2. Minimum turnover: Turnover Rs. 4.5 lakh.
  3. Telephone: One phone at least at business and at the residence of the loan executing partner.

PRIVATE LIMITED COMPANY

  1. Minimum Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a for mid-sized and premium cars
  2. Minimum turnover: Turnover Rs 4.5 lakh
  3. Telephone: One phone at least at business premises

PUBLIC LIMITED COMPANY 

  1. Minimum Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a for mid-sized and premium cars
  2. Minimum turnover: Turnover Rs 4.5 lakh
  3. Telephone: One phone at least at business premises

Documents

  1. Two recent passport-sized colored photographs
  2. Identity proof (Aadhaar Card/ PAN Card/Voter ID Card/Passport/Driving License)
  3. Residence proof.(Aadhaar Card/ PAN Card/Voter ID Card/Passport/Driving License/ration card/rental bills/electricity bills/water bills)
  4. Income proof Salary slip of last three months for salaried and 2 years ITR statement for self-employed

Benefits of Car Loan

One of the most important benefits is that you save your precious time by applying online, as the Car loan process is quite simple. Your Car loan gets approved within a few days or even on the same day of application

Within a few minutes, you will receive an extended list of e-mails from lenders who will avail your online car loan. You can compare the different Car loan terms with Dialabank and choose the best one available.

Tips To Avail the Best Deal in Car Loan

These 4 keys to a right Car loan and you can ride around knowing you got the Best Car Loan Deal.

  1. Budget Analysis: Banks will be happy to lend you more money than you actually need. The first step, create a budget analysis to make sure that you borrow the right amount. By doing this, you will have an actual idea of how much money you can afford to buy a car.
  2. Research the cost: An individual must go into the clear details of what will be the total cost of the car. She/he should be careful as the costs include more than just the purchase price. You will also need to consider insurance charges, fuel costs, maintenance charges, and interest rates.
  3. Check your credit score: Your credit score plays an important role in knowing whether the banks will consider your loan application for a car loan. Paying your previous loan payments in time helps you impress your banker for extending the amount of your car loan.
  4. Compare new vs. Used: New cars depreciate much faster than old cars and it is important to decide between the two as the loan amount that you could be eligible for would vary between the two options.

New Car Deals

Maruti Suzuki Mahindra
Hyundai Renault India
Honda Cars Nissan Motors
Toyota Kirloskar Datsun
Skoda India Audi
Ford India BMW
Tata Motors Mercedes
Volkswagen Jeep

Fee & Charges

Fees & Charges

Stamp Duty

At Actuals

Processing fees

Up to 2.5 Lacs: Rs.2825

Over Rs. 2.51 Lakhs up to 4 Lakhs: Rs. 3850/-<

Maximum 5000

*SPECIAL OFFER from DialaBank: Rs.1750/-*

Loan cancellation / re-booking charges

In the event of cancellation, interest charges from disbursement date till refund of disbursement amount will be borne by the customer

Legal, Repossession & Incidental charges

At Actuals

Loan Reschedulement charges

Rs. 1000/-

How to Apply?

Apply online on www.dialabank.com

Leading Car Loan Providers (Click to Apply)

  1. HDFC Car Loan
  2. Kotak Mahindra Car Loan
  3. Yes Bank Car Loan
  4. ICICI Car Loan
  5. Axis Bank Car Loan
  6. SBI Car Loan
  7. Canara Bank Car Loan
  8. IndusInd Bank Car Loan

Read about:

  1. Types of Car Loans
  2. Reduce your Expenses by talking car insurance along with a car loan
Used Car Loan EMI Calculator SIP Calculator
EMI Calculator SIP Calculator

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Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as an information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly

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