Langpi Dehangi Rural Bank Car Loan

Langpi Dehangi Rural Bank Car Loan Key Features – Jan 2021

Langpi Dehangi Rural Bank Car Loan Interest Rate

7% per annum

Min Loan Amount ₹ 75,000
Max Loan Amount
(Loan to Value)
Loan up to 70% of the sale price
Loan Tenure 1 year to 7 years
Lowest EMI / Lac ₹ 1,526
Minimum Net Monthly Income ₹ 20,000
Minimum ITR for Self Employed ₹ 300,000
Age Criteria Salaried: 21 years to 70 years
Self Employed: 21 years to 75 years
Types of Cars For All New Passenger Cars, Multi Utility Vehicles (MUVs) and Sport Utility Vehicle (SUVs).
Processing Fee Up to 0.40% of the loan amount
Foreclosure Charges 2% of the principal outstanding
Basic Documentation ID Proof, Address Proof, Salary Slip, Bank Statement and Car Quotation

About Langpi Dehangi Rural Bank Car Loan

Langpi Dehangi Rural Bank in India was established on 27-01-1982. It has its headquarters in Diphu and has six branches throughout the country.

It provides all financial services to its customers such as deposit, fixed deposit, repeat deposit, cash loan, mortgage loan, net banking, RTGS, NEFT, IMPS, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.

Langpi Dehangi Rural Bank Car Loan Interest Rates, Car Loan Updated 21 Jan 2021. Apply for a Car Loan online. Find Langpi Dehangi Rural Bank Car loan objectives, Eligibility, Margin, Payment of Car Loan, Security, Documents Required for Car Loan from below.

Langpi Dehangi Rural Bank offers Car Loans at affordable rates of interest to the customer for purchasing a car either new or second hand. A car loan is easily available which can be got who have a good credit/CIBIL score.

Advantages of Langpi Dehangi Rural Bank Car Loan 

Langpi Dehangi Rural Bank Car Loan

Langpi Dehangi Rural Bank Car Loan Eligibility

Salaried Individual
  • Age – 21-70 years of age
  • Net Monthly Income – should be a minimum of ₹ 20,000
  • Employment Duration – Minimum 1 year
  • Income Eligibility – Depends on Form 16 and Salary Slip
Self-Employed Individuals
  • Age – 21-75 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

Langpi Dehangi Rural Bank Car Loan Interest Rate, Fees, and Charges

Charges New Car Loan Used Car Loan
Interest Rate

7% per annum

Starts@11.20%
Processing fee 0.40% of the loan amount 0.40% of the loan amount
Issuance of Duplicate Repayment Schedule Charges Rs.500 per instance Rs.500 per instance
Foreclosure Charges 2% of the principal outstanding 2% of the principal outstanding
Penal Interest 2% per month 2% per month
Part Payment charges Rs. 250 – Rs. 950 per month Rs. 250 – Rs. 950 per month
Cheque/Instrument Swap Charge NIL NIL
Documentation Charge Rs.500 per instance Rs.500 per instance
Issuance of Duplicate No Dues Certificate Charges NIL NIL
Registration Certification Collection Charge NIL NIL
Cheque Bounce/Instrument Return Charges Rs. 350 Rs. 350
Issuance of Duplicate Statement Charges Rs.100 per statement Rs.100 per statement
Loan Cancellation/Re-booking Charges NIL NIL
Issuance of Credit Report Rs.50 per instance Rs.50 per instance

Langpi Dehangi Rural Bank Car Loan Documents Required

Salaried Individual

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
Date of Birth Proof

 

(Any 1)

Birth Certificate
Passport
Driving Licence
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 Licence
Aadhaar Card
Passport
PAN
Voter ID
Address Proof (Any 1) Driving Licence
Aadhaar Card
Passport
PAN
Voter ID
Date of Birth Proof (Any 1) Birth Certificate
Passport
Driving Licence
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 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 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.

Langpi Dehangi Rural Bank Car Loan EMI Calculator

An applier has the choice to check the EMI’s before availing of a Car Loan. So, you can easily check through the link below:

Car Loan EMI Calculator

Langpi Dehangi Rural Bank Car Loan Types

Langpi Dehangi Rural Bank offers 3 types of car loans to its customers. You have the option of selecting the offer which suits your need the best. It offers the following types of Car Loans from Langpi Dehangi Rural Bank:

  1. New Car Loan –  If you want to purchase a new car, this is the scheme for you. You can avail of a Car Loan from Langpi Dehangi Rural Bank for a minimum of Rs. 75,000 and a minimum tenure of 7 years.
  2. Used Car Loan – If you wish to buy a used car then you can select offers a minimum loan of Rs. 75,000 and a minimum tenure of 5 years.
  3. Loan Against Car – You can opt for this scheme if you need urgent funds where you can keep your cars as security with the bank.

How to Apply for Langpi Dehangi Rural Bank Car Loan?       

  1. Visit Dialabank and fill a form online.
  2. Our Relationship Manager will contact you and assist you throughout the process.
  3. You can compare various offers from banks and opt according to your suitability.
  4. So, you can easily apply for Langpi Dehangi Rural Bank Car Loan with Dialabank and enjoy the best offers.

FAQs for Langpi Dehangi Rural Bank Car Loan

✅ What is Langpi Dehangi Rural Bank Car Loan?

Langpi Dehangi Rural Bank Car Loan is a car loan offered to you for purchasing a car whether new or used.

✅ How can I get a Car Loan from Langpi Dehangi Rural Bank?

You can get a car loan from Langpi Dehangi Rural Bank by visiting the nearest branch of Langpi Dehangi Rural Bank. You will get satisfaction to apply from anywhere.

✅How does Langpi Dehangi Rural Bank Car Loan work?

Langpi Dehangi Rural Bank works on providing the funds at attractive interest rates. You can avail of a car loan easily and quickly. Langpi Dehangi Rural Bank provides a flexible loan tenure period.

✅What is the Car Loan Interest Rate in Langpi Dehangi Rural Bank?

The interest rate in Langpi Dehangi Rural Bank for a car loan starts at

7% per annum

.

✅How to Check Car Loan status in Langpi Dehangi Rural Bank?

You can visit the Langpi Dehangi Rural Bank branch to check your car loan status. Also, you can use the net-banking facility of Langpi Dehangi Rural Bank and get to know your car loan status.

✅How to Calculate Car Loan interest in Langpi Dehangi Rural Bank?

For the calculation of your car loan interest in Langpi Dehangi Rural Bank, the following information is required:

  • Loan tenure
  • Loan amount
  • Rate of Interest 

To calculate your car loan interest and EMI in Langpi Dehangi Rural Bank through the EMI calculator.

✅What is the maximum loan amount I can avail myself of on a Car Loan from Langpi Dehangi Rural Bank?

The maximum loan amount that can be availed by you for a car loan from Langpi Dehangi Rural Bank is up to 70% of the car Price.

✅What is the loan tenure of Langpi Dehangi Rural Bank Car Loan?

The loan tenure of Langpi Dehangi Rural Bank for a car loan is up to 7 years.

✅Can I get a 100% Car Loan from Langpi Dehangi Rural Bank?

No, you can not get a 100% car loan from Langpi Dehangi Rural Bank. You can get a 70% car loan from Langpi Dehangi Rural Bank.

✅How much processing fee is applicable on Langpi Dehangi Rural Bank Car Loan?

The processing fee applicable to Langpi Dehangi Rural Bank is up to 0.40% of the loan amount for getting a car loan.

✅What are the EMI options available on Langpi Dehangi Rural Bank Car Loan?

The EMI options available on Langpi Dehangi Rural Bank car loan are Step-up and Balloon EMI.

✅What are the charges for Prepayment in Langpi Dehangi Rural Bank Car Loan?

The prepayment charges in Langpi Dehangi Rural Bank is 2% of the principal outstanding for availing a car loan.

✅Can I get a top-up loan on my existing Langpi Dehangi Rural Bank Car Loan?

Yes, you can get a top-up loan on your existing Langpi Dehangi Rural Bank car loan. Also, you can get a top-up car loan by visiting the online platform of Dialabank.

✅Do I need to provide a guarantor to avail myself of a car loan from Langpi Dehangi Rural Bank?

No, there is no need to provide a guarantor to avail a car loan from Langpi Dehangi Rural Bank. You can avail of a car loan without any guarantor.

✅How to get a Langpi Dehangi Rural Bank Car Loan Statement?

To get a car loan statement from Langpi Dehangi Rural Bank, you can use Langpi Dehangi Rural Bank’s mobile banking app. Also, visit the nearest Langpi Dehangi Rural Bank branch to know your car loan status.

✅How to pay Langpi Dehangi Rural Bank Car Loan interest online?

You can pay your car loan interest through the net-banking services of Langpi Dehangi Rural Bank. If you want a low-interest car loan, you must visit Dialabank online.

✅What if I can’t pay the interest on Langpi Dehangi Rural Bank Car Loan for 3 months?

If you don’t pay the interest on Langpi Dehangi Rural Bank Car Loan for 3 months, then it will put on to the outstanding loan amount and repayment charges will reframe.

✅How can I apply for EMI Moratorium on Langpi Dehangi Rural Bank Car Loan?

You can apply for EMI Moratorium on Langpi Dehangi Rural Bank by visiting the nearby branch of Langpi Dehangi Rural Bank or you can submit a request through an email. Also, if you want relief for the balance duration, you must apply through Dialabank.

✅What is the number for Langpi Dehangi Rural Bank Car Loan agent?

The number for Langpi Dehangi Rural Bank Car Loan agent is 9878981166.

✅Can I close the Langpi Dehangi Rural Bank car loan online?

You can close your car loan from Langpi Dehangi Rural Bank by using the net-banking page of Langpi Dehangi Rural Bank. You have to log in using your details on the net-banking page and pay your car loan.

✅What is Langpi Dehangi Rural Bank Car Loan Customer Care Number?

The customer care number of Langpi Dehangi Rural Bank for car loan queries is 9878981166.

✅ How can I get NOC from Langpi Dehangi Rural Bank for a car loan?

You can get a car loan NOC from Langpi Dehangi Rural Bank when you pay your loan amount car loan.

What is the Langpi Dehangi Rural Bank Car Loan closure procedure?

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

✅ What are the Langpi Dehangi Rural Bank Car Loan preclosure charges?

Langpi Dehangi Rural Bank Car Loan preclosure charges are 2% of the principal outstanding.

✅ What is the Langpi Dehangi Rural Bank Car Loan maximum tenure?

The Langpi Dehangi Rural Bank Car Loan maximum tenure is 7 years.

✅ What is the Langpi Dehangi Rural Bank Car Loan minimum tenure?

The Langpi Dehangi Rural Bank Car Loan minimum tenure is 1 year.

 

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