Saurashtra Gramin Bank NRI Car Loan
If an Indian citizen who lives abroad wish to have a car loan can apply for an NRI car loan. This is available for both self-employed and salaried professionals. In recent years there has been an amazing rise in demand for car loans from NRIs. By taking an NRI car loan you can purchase a new or 2nd hand car easily. This has related to 2 major factors – The tendency to buy high rated cars and an increase in visits to India. This NRI car loan is approved in many countries out there out of which the US, Uk, Singapore, West Asian countries and Malaysia are some common countries.
Saurashtra Gramin Bank NRI Car loan Interest Rates
Saurashtra Gramin Bank NRI Car loan Features
Some features to know before buying a Saurashtra Gramin Bank NRI Car Loan are-
- The loan amount given by the bank varies before applying for the car loan you must contact the bank and confirm the maximum amount of the NRI car loan.
- NRI car loan tenure is ranging till 7 years from the date of start of a car loan.
- There is no change in the interest rate of the NRI car loan. The rate of interest charged for Indian residents and NRI is the same in most cases.
- The loan to value ratio given by banks is in the range of 85-95%.
Saurashtra Gramin Bank NRI Car loan Eligibility
Saurashtra Gramin Bank NRI Car loan Documents required
Apply for Saurashtra Gramin Bank NRI Car Loan with Dialabank
If you wish to apply for an NRI car loan then contact Dialabank. We will help you in getting the NRI car loan with proper comparison from the best agent in the market. To see reasons why you should apply for a Car Loan with Dialabank follow the steps given below-
- We have been working for a long time as we are also known as India’s first financial helpline.
- We first listen to your requirement then offer you the best deals available in the market.
- To save your time we also have the facility of doorstep delivery and pickup for documents.
- We have a list of all the best companies in this sector which will give you more options and the possibility of getting a good deal.
FAQs on Saurashtra Gramin Bank NRI Car Loan
✅ What is the eligible age group for Saurashtra Gramin Bank NRI Car Loan?
People between 18 to 65 can apply for an NRI car loan at Saurashtra Gramin Bank.
✅ What are prepayment charges for an NRI Car loan?
Prepayment charges for a person who does before 12 months is 2% of the paid amount and for paying after 12 months is 1% of foreclosure. These rates of percentage are approx values you must confirm with your bank before heading towards prepayment.
✅ What is the maximum repayment period for the NRI car loan amount?