Saurashtra Gramin Bank Car Loan Features
Choosing the right car loan is as important as choosing the right car. Dialabank can help you know more about the perfect Car loan that you want to avail yourself of seamlessly. Some features of Saurashtra Gramin Bank Car Loan are:
- Low-interest rates: Car loans starting at 10.50% p.a.
- Loan amounts may vary depending on the cost of the car and whether it is first or second hand.
- Loan amount: Rs. 15.00 lakhs or 30 times of net monthly income in the case of a salaried person. In other cases 2.5 times of net annual income.
- 0.75% processing fee.
- Comfortable return options and tenures: You can choose from various EMI options that stretch from 1 year up to 7 years.
- Easy documentation: Documents are processed quickly if everything is in order.
Saurashtra Gramin Bank Car Loan Eligibility
Saurashtra Gramin Bank Car Loan Documents Required
Saurashtra Gramin Bank Car Loan Approval Process
Saurashtra Gramin Bank Car Loan Approval process is quite seamless and easy to follow. You can submit your loan request either online or offline with relevant documents. Steps to be followed are:
- If you are applying online, submit all relevant information and documents asked. You can do this offline by visiting the nearest branch as well.
- Later, you will be called to the nearest branch for the verification process.
- Once your application is submitted and documents are verified, the loan amount is processed and handed over if everything is ok.
- This process can even be completed within hours if the documentation is perfect.
FAQs on Saurashtra Gramin Bank Car Loan Approval Process
✅ Is clearing car loans early a good move?
Yes, clearing any type of loan early will help you reduce your overall debt and also decreases the total interest charges which may otherwise be applicable in the long run. But clearing loans early loans may attract extra fees, depending on your bank policy.
✅ What is the processing fee for a car loan?
It usually lies around 2.5% of the loan amount or Rs.2500/- max along with other miscellaneous charges.
✅ How can I check my car loan eligibility?
Visit the website of your desired bank and check the eligibility criteria mentioned.
Table of Contents
- 1 Saurashtra Gramin Bank Car Loan Features
- 2 Saurashtra Gramin Bank Car Loan Eligibility
- 3 Saurashtra Gramin Bank Car Loan Documents Required
- 4 Saurashtra Gramin Bank Car Loan Approval Process
- 5 FAQs on Saurashtra Gramin Bank Car Loan Approval Process