Narmada Jhabua Gramin 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

Narmada Jhabua Gramin Bank Car Loan

Narmada Jhabua Gramin Bank Car Loan Key Features – Jan 2021

Narmada Jhabua Gramin Car Loan Interest Rate

7% per annum

Min Loan Amount ₹ 100,000
Max Loan Amount Loan up to 90% of On Road Price
(Loan to Value) or 100% of Ex-showroom Price
Narmada Jhabua Gramin car Loan Tenure 1 year to 7 years
Lowest EMI / Lac ₹ 1,622
Minimum Net Monthly Income ₹ 20,000
Minimum ITR for Self Employed ₹ 2,00,000
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).
Narmada Jhabua Gramin car loan Processing Fee 0.40% of the principal amount
Foreclosure Charges 6% (7-12 months)
Basic Documentation Address Proof, Bank Statement, Car Quotation and ID Proof

About Narmada Jhabua Gramin Bank Car Loan

Narmada Jhabua Gramin Bank is a Gramin Bank in India established on 01-11-2012. It has headquartered in Indore and its address is 201, Arcade Silver, New Palasia, Indore – 452 001, Madhya Pradesh. it has 400 branches across the state. Narmada Jhabua Gramin Bank Car Loan Interest Rates, Car Loan at 10% Updated on 20 Jan 2021. Apply for Car Loans Online. Find Narmada Jhabua Gramin Bank Car loan purpose, Eligibility, Margin, Repayment of Car Loan, Security, Documents Required for Car Loan.

Advantages of Narmada Jhabua Gramin Bank

Narmada Jhabua Gramin Bank Car Loan

Narmada Jhabua Gramin Bank Car Loan Eligibility

Salaried Individual
  • Age – 21 years to 60 years
  • Net Monthly Income – Minimum ₹ 20,000
  • Employment Duration – 1-year minimum
  • Income Eligibility – Based on Form 16 and salary slip
Self-Employed Individuals
  • Age – 21-65 years of age
  • Minimum ITR  – Rs.2 lakh
  • Employment Duration – Minimum 3 years
  • Income Eligibility – Depends on the latest Income Tax Returns
Self-Employed Non-Individuals (Company/Partnership)
  • Minimum ITR  – Rs. 2 lakh
  • Employment Duration – 3 years minimum
  • The applicant has to present IT returns and audited financials of 2 years with Calculated Income.
Priority Customers
  • At least 6-month vintage
  • Average Quarterly Balance – 2 quarters balance at a minimum of Rs.1 lakh
  • Maximum Loan Amount –  3 times the Average Quarterly Balance of the last 2 Quarters

Narmada Jhabua 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.
HDFC car loan Processing fee 0.40% 0.40%
Issuance of Duplicate Repayment Schedule Charges Around Rs.500 Around Rs.500
Foreclosure Charges 6% 6%
Penal Interest 2% PM 2% PM
HDFC car loan Part Payment charges 6% of the amount 6% of the amount
Cheque/Instrument Swap Charge Around Rs.500 Around Rs.500
Documentation Charge Around Rs. 500 Around Rs. 500
Issuance of Duplicate No Dues Certificate Charges Around Rs. 500 Around Rs. 500
Registration Certification Collection Charge Around Rs. 200 Around Rs. 200
Cheque Bounce/Instrument Return Charges Around Rs. 500 Around Rs. 500
Issuance of Duplicate Statement Charges Around Rs. 500 Around Rs. 500
Loan Cancellation/Re-booking Charges Around Rs. 1000 Around Rs. 1000
Issuance of Credit Report Around Rs. 50 Around Rs. 50

Narmada Jhabua Gramin Bank Car Loan Documents Required

Salaried Individual

Category Documents Required
Identity Proof(Any 1) Passport
Voter ID
Aadhar Card
Driving License
Address Proof(Any 1) Aadhar Card
PAN
Driving License
Electricity Bill
Date of Birth Proof(Any 1) Passport
Birth Certificate
High School Marksheet
Driving Licence
Signature Proof(Any 1) PAN
Bankers Verification
Passport
Income Proof Salary Slip and latest Form No.16
Bank Statement Last 6 month Bank statement
Employment Continuity Proof Job card by NREGA
ITR of Form no. 16
Salary Slip mentioned with joining date
Letter of Appointment

Self-Employed Individuals

Category Documents Required
Identity Proof (Any 1) PAN Card
Passport
Voter ID
Aadhar Card
Address Proof (Any 1) PAN Card
Voter ID
Passport
Electricity Bill
Date of Birth Proof (Any 1) Birth Certificate
Passport
Driving Licence
PAN
Signature Proof (Any 1) PAN
Bankers Verification
Passport
Bank Statement Bank statement of last 6 months
Employment Continuity Proof Latest ITRs
Shop & Establishment Act Certificate
Shop & Establishment Act Certificate
Sales Tax or VAT Certificate
Business Proof Registration Certificate
Telephone Bill/Electricity Bill
Shop & Establishment Act Certificate
SSI or MSME Registration Certificate

1. Partnership Firms/Societies

Category Documents Required
Identity Proof (Any 1) Driving Licence
PAN Card
Aadhar Card
Passport
Address Proof (Any 1) Electricity Bill/Telephone Bill
Aadhar Card
Driving License
Voter ID
Income Proof Audited Balance Sheet
P&L Account
ITR for the previous 2 years
Bank Statement Last 6 month
Business Continuity Proof Company ITR of the last 2 years
Audited Balance Sheet
TAX registration Certificate
Current Account Statement
Additional documents Letter of Authority or PAN Card

2.Private Limited/Limited Companies

Category Documents Required
Identity Proof The latest copy of MOA and AOA
Copy of Incorporation
Address Proof (Any 1) SSI/MSME Registration Certificate
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
Sales Tax Certificate
Income Proof Audited Balance Sheet
P&L Account and ITR for the previous 2 years
Bank Statement Previous 6 Months
Business Continuity Proof P&L account and
ITR of the Company of the past 2 years
Audited Balance Sheet
Shop & Establishment Act Certificate
Additional documents
List of Shareholding partners and Directors
Board Resolution
PAN Card
Certificate of Commencement of Business for Ltd. Co.

 

Narmada Jhabua 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

Narmada Jhabua Gramin Bank Car Loan Types

There’s a long list of Car Loan Products provided by Narmada Jhabua Gramin Bank Car Loan. Choose among them according to your desires. Lit of Car Loan provided by Narmada Jhabua Gramin Bank Car Loan:
Narmada Jhabua Gramin 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.

Narmada Jhabua Gramin Bank Car Loan Pre Calculated EMI

How to Apply for Narmada Jhabua 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 Narmada Jhabua Gramin Bank car loan process.
  3. Compare and select from various options available.
  4. Applying for a Car Loan with Dialabank helps you avail of the various offers.

Other Available Products from Narmada Jhabua Gramin Bank Car Loan

FAQs for Narmada Jhabua Gramin Car Loan

✅ What is Narmada Jhabua Gramin Car Loan?

Narmada Jhabua Gramin Car Loans is financial support provided by the bank to its customers to buy their dream car.

✅ How can I get a Car Loan from Narmada Jhabua Gramin Bank?

Apply with Dialabank to get Narmada Jhabua Gramin Car Loan in the most reliable manner.

✅ How does Narmada Jhabua Gramin Car Loan work?

Narmada Jhabua Gramin provides a car loan by securing the new car bought as collateral against the loan. Apply for a Car Loan with the necessary documents and park a new car in your parking while repaying the loan amount in easy EMIs. However, A minimal Rate of Interest is charged against the loan.

✅ What is the Car Loan Interest Rate in Narmada Jhabua Gramin?

Narmada Jhabua Gramin car loan rate starts from

7% per annum

. Interest Rate is the cost of borrowing money, expressed as a percentage of the loan amount.

✅ How to Check the Narmada Jhabua Gramin Bank Car Loan status?

Go to Narmada Jhabua Gramin Bank’s official web handle and provide the important details regarding your loan i.e Narmada Jhabua Gramin car loan details and get the status of the same in seconds. You can contact the nearest branch also for knowing the status of your Car Loan.

✅ How to check the Narmada Jhabua Gramin car loan interest calculator?

Use Dialabank EMI Calculator to calculate Interest Rate as well as EMI. Follow the link below to direct yourself to the calculator:
Dialabank Calculator

✅ What is the maximum loan amount I can avail myself on a Car Loan from Narmada Jhabua Gramin Bank?

You can avail Loan up to 100% of the vehicle’s Ex-Showroom price.

✅ What is the loan tenure of Narmada Jhabua Gramin Bank Car Loan?

Loan tenure of Narmada Jhabua Gramin Car Loan is 1 Year to 7 Years in case of New Car and 1 Year to 5 Years in case of Used Cars.

✅ Can I get a 100% Car Loan from Narmada Jhabua Gramin Bank?

Yes, you can get a 100% Car Loan from Narmada Jhabua Gramin Bank on the Ex-Showroom price of the vehicle.

✅ How much Processing Fee is applicable on Narmada Jhabua Gramin Car Loan?

Narmada Jhabua Gramin Car Loan charges 0.40% of Principal Amount as the Processing Fee which can go up to a  maximum amount of Rs.10,000.

✅ What are the EMI options available on Narmada Jhabua Gramin Bank car loan?

Narmada Jhabua Gramin bank car Loan Provides two EMI options Step-up EMI and Balloon EMI.

✅ What are the charges for Narmada Jhabua Gramin Car Loan Payment or Prepayment?

Foreclosure of Narmada Jhabua Gramin car loan is 6% of the loan/paying off the loan before the tenure ends.

✅ Can I get a top-up loan on my existing Narmada Jhabua Gramin Bank car loan?

Narmada Jhabua Gramin provides Zero paperwork Top-up instantly against existing Car Loans on a fixed reducing Rate of Interest.

✅ Do I need to provide a guarantor to avail myself a car loan from Narmada Jhabua Gramin Bank?

A big NO, Narmada Jhabua Gramin doesn’t ask for any guarantor to avail Car Loan.

✅ How to get Narmada Jhabua Gramin Car Loan Statement?

Get your Narmada Jhabua Gramin Car Loan statement by following the mentioned steps:
1. Go on to Narmada Jhabua Gramin Bank official website.
2. log in to “Loan Status” with your Narmada Jhabua Gramin car loan login credentials and get the statement.
OR
You can directly visit the nearest branch for your Loan Statement.

✅ How to Pay Narmada Jhabua Gramin Bank Car Loans Interest Online?

Pay your Narmada Jhabua Gramin Car Loan Interest directly through Narmada Jhabua Gramin Bank’s website and by providing your Loan Account Number and pay using Net Banking or Debit/Credit Cards. You can also use Paytm for paying your Narmada Jhabua Gramin car Loan Interest.

✅ What if I can’t pay the interest on Narmada Jhabua Gramin Car Loan for 3 months?

Narmada Jhabua Gramin charges 24% of the outstanding amount or a Fee ranging from Rs.500 to Rs.5000 for not paying the EMI for 3 months.

✅ How can I apply for EMI Moratorium on Narmada Jhabua Gramin Car Loan?

You can apply for EMI Moratorium on Narmada Jhabua Gramin Car Loans directly from the HDFC website’s Loan corner.

✅ What is the number for Narmada Jhabua Gramin Car Loan agent?

Call Dialabank at 9878981166 as it is one of the most trusted Vidharbha Konkan Gramin Car Loan agents. Dialabank even ensures the best offers on your Car Loan.

✅ Can I close the Narmada Jhabua Gramin car loan online?

Narmada Jhabua Gramin car Loan can be closed by visiting the nearest branch and clearing off the outstanding amount.

✅ What is Narmada Jhabua Gramin Car Loan Customer Care Number?

For contacting Narmada Jhabua Gramin Car Loan NOC Customer Care all 9878981166 and clear any of your queries with us anytime.

✅ How can I get from Narmada Jhabua Gramin Car loan NOC?

You can get Narmada Jhabua Gramin bank Car Loan NOC directly from the branch for HDFC.

✅ What is the Narmada Jhabua Gramin Car Loan closure procedure?

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

✅ What are the Narmada Jhabua Gramin Gramin Car Loan preclosure charges?

Narmada Jhabua Gramin Car Loan preclosure charges are up to 6%+ GST.

✅ What is the Narmada Jhabua Gramin Car Loan maximum tenure?

The Narmada Jhabua Gramin Car Loan maximum tenure is 7 years.

✅ What is the Narmada Jhabua Gramin Car Loan minimum tenure?

The Narmada Jhabua Gramin Car Loan minimum tenure is 1 year.

Table of Contents