Uttar Bihar Gramin Bank Car Loan Key Features – 2021
| Uttar Bihar Gramin Bank Car Loan Interest Rate | 7.35% per annum |
| Min Loan Amount | ₹ 100,000 |
| Max Loan Amount (Loan to Value) |
Loan up to 90% of On Road Price or 100% of Ex-showroom Price |
| Loan Tenure | 1 year to 7 years |
| Lowest EMI / Lac | ₹ 2,083 |
| Minimum Net Monthly Income | ₹ 8,000 |
| Minimum ITR for Self Employed | ₹ 96000 |
| 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). |
| Processing Fee | Up to 0.40% Only |
| Foreclosure Charges | No foreclosure charges |
| Basic Documentation | ID Proof, Address Proof, Salary Slip, Bank Statement and Car Quotation |
About Uttar Bihar Gramin Bank Car Loan
Uttar Bihar Gramin Bank provides Car Loans at the lowest interest rates to the consumer for buying their dream car, whether new or second-hand. It is a readily available loan that anyone can take, even in case of a low CIBIL score.
Advantages of Uttar Bihar Gramin Bank Car Loan
Uttar Bihar Gramin Bank Car Loan Eligibility
| Salaried Individual |
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| Self-Employed Individuals |
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| Self-Employed Non-Individuals (Company/Partnership) |
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| Priority Customers |
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Uttar Bihar Gramin Bank Car Loan Interest Rate, Fees and Charges
| Charges | New Car Loan | Used Car Loan |
| Interest Rate | 7.35% per annum |
14.80% p.a. to 16.80% p.a. |
| Processing fee | 0.40% | 0.40% |
| Issuance of Duplicate Repayment Schedule Charges | Rs.500 per instance | Rs.500 per instance |
| Foreclosure Charges | 5% of the principal outstanding | 5% of the principal outstanding |
| 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 | Rs.500 per instance | Rs.500 per instance |
| Documentation Charge | Rs.500 per instance | Rs.500 per instance |
| Issuance of Duplicate No Dues Certificate Charges | Rs.500 per instance | Rs.500 per instance |
| Registration Certification Collection Charge | Rs.200 per instance | Rs.200 per instance |
| Cheque Bounce/Instrument Return Charges | Rs.500 per instance | Rs.500 per instance |
| Issuance of Duplicate Statement Charges | Rs.500 per instance | Rs.500 per instance |
| Loan Cancellation/Re-booking Charges | Rs.2,500 per instance | Rs.2,500 per instance |
| Issuance of Credit Report | Rs.50 per instance | Rs.50 per instance |
Uttar Bihar Gramin Bank Car Loan Documents Required
Salaried Individual
| Category | Documents Required |
| Identity Proof(Any 1) | Driving License Aadhaar Card Passport PAN Voter ID |
| Address Proof(Any 1) | Driving License Aadhaar Card Passport PAN Voter ID |
| Date of Birth Proof(Any 1) | Birth Certificate Passport Driving License 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 License Aadhaar Card Passport PAN Voter ID |
| Address Proof (Any 1) | Driving License Aadhaar Card Passport PAN Voter ID |
| Date of Birth Proof (Any 1) | Birth Certificate Passport Driving License 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 License Aadhaar Card Passport PAN Voter ID |
| Address Proof (Any 1) | Driving License 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. |
Uttar Bihar Gramin Bank Car Loan EMI Calculator
The borrower can know the EMI’s before taking a Car Loan. You can quickly check it through the link below:
Uttar Bihar Gramin Bank Car Loan Types
Uttar Bihar Gramin Bank provides various types of car loans to its customers. You can choose the type of Car Loan you wish to take as per your requirements.
- New Car Loan – Take this loan if you want to buy a new car. The Car Loan can be taken for a minimum of Rs. 1 lakh for at least 7 years.
- Used Car Loan – If you wish to buy a used car, go for this scheme. It offers a minimum loan amount of Rs. 1 lakh for at least 5 years.
- Loan Against Car – You can opt for this scheme if urgent funds are required. You can keep your cars as collateral with the bank so that you get Rs. 10 lakh or for a car value of up to 50%
How to Apply for Uttar Bihar Gramin Bank Car Loan?
- Visit Dialabank.
- A form will be available at the top of the page.
- Fill the form with your contact details.
- Our Relationship Manager will guide you throughout the process.
- You can compare different offers from banks and choose the one that works the best for you.
- Our Customer Relationship officer will help you get the right Car Loan.
FAQs for Uttar Bihar Gramin Bank Car Loan
✅ What is the Uttar Bihar Gramin Bank Car Loan?
Uttar Bihar Gramin Bank car loan is the loan amount provided to buy a new or old car.
✅ How can I get a Car Loan from Uttar Bihar Gramin Bank?
- Visit Dialabank and fill a form.
- Wait for a call from our Relationship Manager, who will guide you throughout the process.
- You can compare different offers from banks and choose the one which suits your needs.
- You can easily apply for a Car Loan through Dialabank and get the best offers.
✅ How does Uttar Bihar Gramin Bank Car Loan work?
When applying for a car loan, a document verification process is required. After the documents are verified, the loan amount is credited to the bank account.
✅ What is the Car Loan Interest Rate in Uttar Bihar Gramin Bank?
The interest rate for Uttar Bihar Gramin Bank Car Loan starts at
7.35% per annum
.✅ How to Check Car Loan status in Uttar Bihar Gramin Bank?
You can track your car loan status online on the Uttar Bihar Gramin Bank website.
✅ How to Calculate Car Loan Interest in Uttar Bihar Gramin Bank?
✅ What is the maximum loan amount I can avail of on a Car Loan from Uttar Bihar Gramin Bank?
The maximum loan amount you can get from Uttar Bihar Gramin Car loan is 90% of the On Road Price.
✅ What is the loan tenure of the Uttar Bihar Gramin Bank Car Loan?
The loan tenure of the Uttar Bihar Gramin Bank Car Loan is available for a maximum of 7 years.
✅ Can I get a 100% Car Loan from Uttar Bihar Gramin Bank?
Yes, you can get a 100% of Ex-showroom Price car loan from Uttar Bihar Gramin Bank.
✅ How much Processing Fee applies to Uttar Bihar Gramin Bank Car Loan?
Uttar Bihar Gramin Bank charges a processing fee of 0.40% Only.
✅ What are the EMI options available on the Uttar Bihar Gramin Bank Car Loan?
Uttar Bihar Gramin Bank provides two EMI options, Step-up EMI and Balloon EMI.
✅ What are the charges for Prepayment in Uttar Bihar Gramin Bank Car Loan?
You can prepay/foreclose your Uttar Bihar Gramin Bank Car Loan with no foreclosure charges.
✅ Do I need to provide a guarantor to avail myself of a car loan from Uttar Bihar Gramin Bank?
You don’t need a guarantor for a car loan. However, you may need a guarantor if you don’t fulfil the eligibility criteria.
✅ How to get the Uttar Bihar Gramin Bank Car Loan Statement?
Get the statement in person by visiting your branch and requesting it or get it online. To do this, you should have Uttar Bihar Gramin Bank internet banking activated.
✅ How to Pay Uttar Bihar Gramin Bank Car Loan Interest Online?
Log in to online Uttar Bihar Gramin Bank payment to ‘see and pay’ your bills. You also get an electronic acknowledgement for every account paid by you using e-PAY. Paytm can also be used to make the payment.
✅ What if I can’t pay the interest on Uttar Bihar Gramin Bank Car Loan for 3 months?
Uttar Bihar Gramin Bank imposes 24% of the pending amount or a Fee ranging around Rs.500 for not paying the EMI for 3 months.
✅ How can I apply for EMI Moratorium on Uttar Bihar Gramin Bank Car Loan?
You can apply for EMI Moratorium on Uttar Bihar Gramin Bank Car Loans directly from the Bank website’s Loan corner.
✅ What is the number for the Uttar Bihar Gramin Bank Car Loan agent?
Call Dialabank on 9878981166 as it is one of the most trusted Uttar Bihar Gramin Bank Car Loan agents. We ensure the best offers on your Car Loan.
✅ Can I close the Uttar Bihar Gramin Bank car loan online?
Uttar Bihar Gramin Bank car loans can be closed by visiting the nearest branch and clearing off the outstanding amount.
✅ What is Uttar Bihar Gramin Bank Car Loan Customer Care Number?
Call 9878981166 and clear any of your queries with us anytime.
✅ How can I get NOC from Uttar Bihar Gramin Bank for a Car loan?
You can get NOC directly from the bank branch for Uttar Bihar Gramin Bank Car Loans.
✅ What are the Uttar Bihar Gramin Bank Car Loan preclosure charges?
Uttar Bihar Gramin Bank Car Loan Preclosure charges are up to 6%+ GST.
✅ What is the Uttar Bihar Gramin Bank Car Loan closure procedure?
- Go to the bank with the documents.
- Write an application for pre-closure of the Car Loan account.
- Pay the pre-closure charges as chargeable.
- After the pending amount is paid back, the Uttar Bihar Gramin Bank Car Loan account can be closed.
✅ What is the Uttar Bihar Gramin Bank Car Loan maximum tenure?
The Uttar Bihar Gramin Bank Car Loan maximum tenure is 7 years.
✅ What is the Uttar Bihar Gramin Bank Car Loan minimum tenure?
The Uttar Bihar Gramin Bank Car Loan minimum tenure is 1 year.
