GET INSTANT 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 7.05%*
Up to 100% Funding
Doorstep Service
Hassle-free Disbursal
Unbiased Experts Advice

Saptagiri Grameena Bank Car Loan

Saptagiri Grameena Bank Car Loan Key Features – Jan 2021

Saptagiri Grameena Bank Car Loan Interest Rate 7.05% 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 Saptagiri Grameena Bank Car Loan

Saptagiri Grameena Bank is a Gramin Bank in India set up on 02-09-2013. It has settled in Raipur and the address is Mahadev Ghat Road, Sundar Nagar, Raipur – 492 013, Chhattisgarh. it has 605 branches across the state. It offers all the monetary types of assistance to its clients like saving a deposit, fixed deposit, recurring deposit, loans, and personal loans.

Advantages of Saptagiri Grameena Bank Car Loan

Saptagiri Grameena Bank Car Loan

Saptagiri Grameena 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

Saptagiri Grameena Bank Car Loan Interest Rate, Fees, and Charges

Charges New Car Loan Used Car Loan
Interest Rate     7.05% 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

Saptagiri Grameena 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

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 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

2. 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.

Saptagiri Grameena Car Loan EMI Calculator

Check your EMIs even before applying for the loan by following this:

Car Loan EMI Calculator

Saptagiri Grameena Bank Car Loan Types

Saptagiri Grameena Bank gives different monetary items, and Car Loan is one among them. Contingent on the requirements, the Loan can be benefited:

  • New Car Loan – For the people who are looking for another and new vehicle. Advantage from this credit for a versatile residency of up to 7 years.
  • Used Car Loan – Take a Used Car Loan for buying any reused vehicle with full records available. Get the acknowledge for long residencies up to 5 years.
  • Advance Against Car – Individuals can even get a credit against their had vehicles for smart resource supports by keeping the vehicle regarding the protection.

Saptagiri Grameena Bank Car Loan Pre Calculated EMI

How to Apply for Saptagiri Grameena Bank Car Loan?

  1. Reach out to Dialabank and fill in the necessary information.
  2. Connect with our all-around prepared Relationship administrator and find out about the alternatives accessible.
  3. Select the best Car advance as indicated by your requirements for long is accessible.
  4. All the direction and administrations all through the Car advance cycle is liberated from cost.

Saptagiri Grameena Bank Car Loan for Top Selling Cars

FAQs for Saptagiri Grameena Bank Car Loan

✅What is Saptagiri Grameena Bank Car Loan?

Saptagiri Grameena 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 Saptagiri Grameena Bank?

Saptagiri Grameena Car Loan can be availed by applying directly through Dialabank or reaching out to the nearest branch of the Bank.

✅How does Saptagiri Grameena Bank Car Loan work?

Working on Saptagiri Grameena 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 Saptagiri Grameena Bank?

Car Loan Interest Rate in Saptagiri Grameena Bank is as low as 7.05% per annum.

✅How to Check Car Loan status in Saptagiri Grameena Bank?

Check car Loan status in Saptagiri Grameena Bank 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 Saptagiri Grameena Bank?

Calculate Car Loan Interest in Saptagiri Grameena Bank 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 Saptagiri Grameena Bank?

Car Loans from Saptagiri Grameena Bank can avail you of up to 100% amount of the ex-showroom price of the vehicle.

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

Saptagiri Grameena Bank Car Loan Tenure range between 12 to 84 months.

✅Can I get a 100% Car Loan from Saptagiri Grameena Bank?

Yes, a 100% car loan from Saptagiri Grameena Bank can be provided on the Ex-showroom price of the car.

✅How much Processing Fee is applicable on Saptagiri Grameena Bank Car Loan?

Processing Fees of 0.50% or a minimum of Rs.1500 is applicable on Saptagiri Grameena Bank Car Loan.

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

EMI options of Step-up EMI and Balloon EMI are available with Saptagiri Grameena Bank Car Loan.

✅What are the charges for Prepayment in Saptagiri Grameena Bank Car Loan?

There are NO charges for Prepayment in Saptagiri Grameena Bank Car Loan.

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

Top-up Loan on Existing Saptagiri Grameena Bank Car Loan can only be availed under particular circumstances.

✅Do I need to provide a guarantor to avail myself of a Car Loan from Saptagiri Grameena Bank?

A guarantor is not needed to avail of a Car Loan from Saptagiri Grameena Bank.

✅How to get Saptagiri Grameena Bank Car Loan Statement?

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

✅How to Pay Saptagiri Grameena Bank Car Loan Interest Online?

Pay Saptagiri Grameena Bank Car Loan Interest Online through Bank’s Payment gateways using your Net Banking.

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

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

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

EMI Moratorium on Saptagiri Grameena Bank Car Loan can be requested directly with the Bank.

✅What is the number for Saptagiri Grameena Car Loan agent?

9878981166 is the number for Saptagiri Grameena’s most valuable Car Loan Agent, i.e. Dialabank.

✅Can I close Saptagiri Grameena Bank Car Loan online?

Saptagiri Grameena bank car Loan cannot be closed online; an Applicant has to reach the branch for the closure process.

✅What is Saptagiri Grameena Bank Car Loan Customer Care Number?

9878981166 is the number for all the queries related to Saptagiri Grameena Bank Car Loan.

✅How can I get NOC from Saptagiri Grameena Bank for a Car Loan?

NOC from Saptagiri Grameena for a Car Loan can be availed after completing the foreclosure process.

✅ What is the Saptagiri Grameena Bank Car Loan closure procedure?

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

✅ What are the Saptagiri Grameena Bank Car Loan pre-closure charges?

Saptagiri Grameena Bank’s pre-closure charges are zero.

✅ What is the Saptagiri Grameena Bank Car Loan maximum tenure?

The Saptagiri Grameena Bank’s maximum tenure is 7 years.

✅ What is the Saptagiri Grameena Bank Car Loan minimum tenure?

The Saptagiri Grameena Bank Car Loan minimum tenure is 1 year.

 

Table of Contents