Car Loan in Rajkot

Check car Loan Interest Rates of All Major Banks of rajkot Instantly

Bank Name

Floating Interest rate

Processing Fee

IndusInd bank

10.65 %

1% of the loan amount

TATA CAPITAL

12.5 %

1.50% of the loan amount or 6,000 per vehicle, whichever is higher

IIFL

12%

Rs. 4,500 to Rs. 8,000 or 1% of loan amount

Bank of baroda

9.15 %

Nil

Kotak Mahindra Bank

11.50% to 13.50%

N/A

Federal Bank

9.20%

Rs 1500 to Rs 2500

HDFC

8.25% - 14.26% (Avg 9.40%)

Rs. 10,000 or 0.4% of car loan sanctioned

AXIS

12 %

Rs.3500 to Ra.5500

RBL BANK

12 to 14 %

1% of Loan amount.

HDB bank

N/A

ICICI

12.75 %

5% on the outstanding principle

ABOUT CAR LOAN IN RAJKOT

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 rajkot 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 rajkot -

No worries for strict eligibility conditions. We tie-up with all the best lenders in the rajkot 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 rajkot

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 rajkot

If you are falling short of funds for buying a car, go for a Car Loan. At rajkot, 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 rajkot. 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.

ABOUT RAJKOT

Rajkot is a city in Gujarat state of west-central India. It lies on the bank of Aji River and Nyari River, about 72 km southeast of Jamnagar.

The city was the capital of the former princely state of Rajkot. It was the capital of the Saurashtra state till October 1956 and of the former Western India States Agency. The city is now an important commercial and industrial centre. The city has cotton and woolen textiles industries; ceramics, diesel engines, and water pump sets are also manufactured in the city. Rajkot is famous for its traditional handicrafts such as silk embroidery, silver work, and patola weaving. Rajkot has many historical destinations such as the Jubilee Garden, Mahatma Gandhi Museum, Kaba Gandhi No Delo, Watson Museum, Lang Library, and Saurashtra Cricket Association Stadium. Educational institutions in the city include Rajkumar College and several colleges affiliated with Saurashtra University. The city is connected to major Indian cities by air, railways and highways; it is an important junction on the Western Railway. Its major crops are grains, sugarcane, and cotton.

TOP LOAN PROVIDERS IN RAJKOT

ABOUT INDUSIND BANK, RAJKOT, Gujarat

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.

Bank Details

Product

The 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.

Banking

Reasury Corporate/Wholesale Banking, Recurring deposits, Corporate salary, Rupee multiplier products. Retail Banking Young saver deposits, Urrent, savings, defense,and RFC accounts Fixed deposits Mutual funds My Account Number Quick Redeem Services and 0 Days banking. Choice Money ATMs Direct Connect Cash-on-Mobile Check-on-Cheque

Loans

Home loan Gold loans Business loan. Kisan loans Term loans Induind Kisan loans Loan against property Two wheeler Personal Car loan Education loan

Cards

Credit cards

Branches of INDUSIND BANK in RAJKOT

CHORDI PANELI RING ROAD, RAJKOT MORBI RAJKOT

ABOUT KOTAK MAHINDRA BANK LIMITED, RAJKOT, Gujarat

Kotak Mahindra Bank Limited is a private sector Indian Bank headquartered in Mumbai, Maharashtra. The bank was founded in 98 and in February 00, Kotak Mahindra Finance Ltd. received the license from the Reserve Bank of India to carry on banking business. It had a network of ,88 full-fledged branches and ,99 ATMs in the country as of March 08.

Bank Details

Product

Deposit Fixed Deposit Recurring Deposit Tax Saving Fixed Deposit Senior Citizen Fixed Deposit Sweep-In Facility

Insurance

Life Insurance Health Insurance Motor Insurance Pradhan Mantri Jeevan Jyoti Bima Yojana Pradhan Mantri Suraksha Bima Yojana Atal Pension Yojana

Banking

Internet Banking Mobile Banking SMS Banking