Check Car Loan Interest Rates of all major banks of amritsar Instantly
| Bank Name | Floating Interest Rate | Processing Fee |
|---|
| HDFC | 8.25% - 14.26% (Avg 9.40%) | Rs. 10,000 or 0.4% of car loan sanctioned |
| Bank of baroda | 9.15 % | Nil |
| HDB bank | N/A | N/A |
| TATA CAPITAL | 12.5 % | 1.50% of the loan amount or 6,000 per vehicle, whichever is higher |
| ICICI | 12.75 % | 5% on the outstanding principle |
| IIFL | 12% | Rs. 4,500 to Rs. 8,000 or 1% of loan amount |
| IndusInd bank | 10.65 % | 1% of the loan amount |
| Kotak Mahindra Bank | 11.50% to 13.50% | N/A |
| Federal Bank | 9.20% | Rs 1500 to Rs 2500 |
| AXIS | 12 % | Rs.3500 to Ra.5500 |
| RBL BANK | 12 to 14 % | 1% of Loan amount. |
About amritsar
"
Historically known as Ramdaspur and colloquially as Ambarsar, the city Amritsar is located in the state of Punjab. Harmandar Sahib or “the Golden Temple” located in the town is one of Sikhism’s most spiritually significant and most visited gurudwaras. Chess manufacturing industry is a prime industry of the place.
The credit of founding the holy city of Amritsar goes to Guru Ram Das, the fourth Sikh guru of the Sikh religion. The place is also famous for the tragic Jallianwala Bagh massacre which took place, having a proximity to the Wagah Border. The region lies in one of the most agriculturally productive belts of India. Today Amritsar is a thriving city with commerce and tourism centres growing at a faster rate.
"About Car Loan in amritsar
We aim to create a robust alternative credit ecosystem in the country. For this, we are digitizing the finance functions. Anywhere and everywhere – you can Apply for a Car Loan with just a few clicks.
Now, you can compare and make a wise choice for the best Car Loan in amritsar also. We bring forth a myriad of options from best banks and NBFCs for your convenience. It’s simple! Choose your desired product and win amazing assured cash backs up to Rs. 5000 on loan disbursal. Get ready to build a stronger tomorrow.
Eligibility Criteria for Car Loan in amritsar -
No worries for strict eligibility conditions. We tie-up with all the best lenders in the amritsar and help you with flexible eligibility criteria.
Salaried Individuals –
- Any one aged between 21 to 60 years is eligible for a car loan.
- Good credit score is required for the car loan.
- The annual income should be around at least ₹ 2,50,000 to be eligible for a car loan
- A salaried individual should have the employment stability of at least 1 year with the current employer
Self-employed individuals -
- Any one aged between 21 to 65 years is eligible for a car loan.
- The annual income should be around at least ₹ 2,50,000 to be eligible for a car loan
- A self-employed individual should have the business stability of at least 2 year with the current employer
Documents Required for Car Loan in amritsar
We leverage existing and emerging technologies to offer you the complete digitalized process. Upload the required documents; it will take a few minutes.
- KYC documents like Voter ID Card, Electricity Bill, Aadhaar Card, PAN Card, Passport, Ration Card, and Driving License
- Salaried individuals need to furnish salary slips for the last 6 months
- Self-employed individuals need to showcase Income Tax Return (ITR) for the last 2 years
- Pro-forma invoice of the vehicle
- Your net worth proof like that of fixed deposits
- Signature verification proof
- 2 recent size passport photographs
Benefits & features of taking a Car Loan in amritsar
If you are falling short of funds for buying a car, go for a Car Loan. At amritsar, we have a plethora of options with added benefits. Everything is online – you don’t need to visit the bank.
Get ready to leverage the following benefits –
- Instant Approval – Yes. SBI, ICICI, HDFC and other players are offering instant paperless approval for Car Loan. Apply at Afinoz, and we will help you avail the Car Loan at best rate.
- High Eligibility – Within a just few minutes, we will assess your Car Loan eligibility and suggest you the best available options in amritsar. Our process is driven by automated technologies, and we help you get low EMI Car Loan
- Balance Transfer – We will make you pay your EMI easily by reducing your debt amount. Transfer your Car Loan Balance to save on money. Some lenders charge fee for a balance transfer.
INDUSIND BANK
About
Indusind Bank Limited is a new generation private bank. Established in 99, the bank is headquartered in Mumbai, India. It stands tall today as one of the reputed banks in the country. Indusind Bank operates more than 000 branches and over ,800 ATMs spread across the country. It also has representative offices in London, Dubai and Abu Dhabi.
BankingreasuryCorporate/Wholesale Banking,recurring deposits,corporate salary,Rupee multiplier products.Retail Banking,young saver deposits,urrent, savings, defense,and RFC accountsfixed depositsmutual fundsMy Account NumberQuick Redeem Services and 0 Days banking.Choice Money ATMsDirect ConnectCash-on-MobileCheck-on-Cheque
ProductThe bank provides various banking solutions to individuals, NRIs, business owners, corporate, government and financial Institutions. It operates through Treasury, Corporate/Wholesale Banking, Retail Banking, and other Banking Operations segments. The bank offers current, savings, defense, corporate salary, and RFC accounts; and fixed deposits, recurring deposits, young saver deposits, as well as Rupee multiplier products.
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Branch
PUTLIGHAR AMRITSAR
FATTUWAL
GUJJA PEER
KALER
SOHAN KALAN
²NEW NAG
MEERANKOT KHURD
CHHAUDHRIWALA
MAJITHMANDI AMRITSAR
G. T. ROAD, AMRITSAR
AMRITSAR
YES BANK
About
Yes Bank Limited is India’s fourth largest private sector bank headquartered in Mumbai, Maharashtra, India. Established in 00, the bank primarily operates as a corporate bank, with retail banking and asset management as subsidiary functions. As of March, 08, the bank had a network of ,00 branches; national operating centers; and ,7 ATMs and bunch note acceptors.
BankingWorking capital financeTerm loansCorporate financeLiquidity managementSalary accountFixed deposit accountSavings accountOrdinary account
ProductThe bank also offers retail banking solutions such as personal, secured business, home, construction equipment, car, super bike, commercial vehicle, gold loans, and loans against securities; business banking services to micro, small, and medium enterprises; and health care and printing equipment finance.
LoansPersonal loanSecured business loanHome loanConstruction equipment loanCar loanSuper bike loanCommercial vehicle loanGold loansLoans against securitiesMSME LoanHealth care equipment financePrinting equipment finance
Branch
AMRITSAR RANJIT AVENUE
BATALA ROAD, AMRITSAR
HALL BAZAAR, AMRITSAR
JANDIALA, PUNJAB
RAYYA , PUNJAB
AJNALA, PUNJAB
AMRITSAR,PUNJAB
RBL Bank Limited
About
RBL Bank (Ratnakar Bank Limited) is one of the fastest growing private sector banks in India, headquartered in Mumbai, Maharashtra. Established in August 9, currently the bank operates through a network of branches, 99 banking outlets and 9 ATMs spread across 0 Indian states and union territories. In August 99, the bank obtained Scheduled Commercial Bank status. It is listed on both BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).
BankingSMS BankingOnline BankingMobile/Phone Banking
ProductCorporate & Institutional BankingCommercial BankingBranch & Business BankingAgri Business BankingDevelopment Banking and Financial InclusionTreasury and Financial Markets Operationssavings accountscurrent accountsfixed deposits
Loanshome loanspersonal loansbusiness loanseducation loansauto loansloans against propertyoverdrafts against propertyloans against depositsgold metal loansworking capital finance
CardMastercard Credit Card
InsuranceLife InsuranceGeneral InsuranceHealth Insurance
Popular productCorporate & Institutional BankingCommercial BankingBranch & Business BankingAgri Business BankingDevelopment Banking and Financial InclusionTreasury and Financial Markets Operationssavings accountscurrent accountsfixed deposits