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Aditya Birla Capital Car Loan

Loanmani- Aditya Birla Capital

Aditya Birla Capital is a well-known financial services company in India that offers a wide range of financial products and services to its customers. One of the services provided by Aditya Birla Capital is car loans, which can help individuals purchase their dream car without any financial strain. The company offers car loans for a wide range of cars, including new and used cars. Aditya Birla Capital provides various benefits such as flexible repayment tenures, competitive interest rates, and a hassle-free online application process, making it an attractive option for those looking to purchase a car. Additionally, the company offers personalized loan options and dedicated customer service to ensure a seamless and satisfying borrowing experience.

7.00 %

Advertised Rate

1 - 7 Years

Available Terms

750

Credit Score

1 L - 100 L

Loan Amount

Why Choose Aditya Birla Capital

  • Competitive interest rates
  • Minimal documentation and quick approval process
  • Flexible repayment options
  • No hidden charges or fees
  • Part-prepayment and foreclosure options available
  • Dedicated customer support


Aditya Birla Capital Eligibility Criteria

  • The applicant should be an Indian resident
  • The minimum age should be 21 years and the maximum age should be 65 years
  • The applicant should have a stable income source
  • The applicant should have a good credit score


Aditya Birla Capital Fees & Charges

  • Processing fee: Up to 2% of the loan amount
  • Prepayment charges: Up to 5% of the outstanding amount
  • Late payment charges: 2% p.m. on the overdue amount
  • Foreclosure charges: Up to 5% of the outstanding amount


Aditya Birla Capital Features & Benefits

  • Loan amount ranges from Rs.1 lakh to Rs.1 crore
  • Flexible repayment tenure ranging from 1 year to 7 years
  • Quick approval and disbursal of funds
  • No collateral or security required
  • Part-prepayment and foreclosure options available


Aditya Birla Capital Required Documents

  • KYC documents (Aadhaar card, PAN card, Passport, Voter ID)
  • Income proof (salary slips, bank statements, ITR documents)
  • Address proof (utility bills, rental agreement)
  • Car documents (quotation from dealer, registration certificate, insurance papers)


FAQs on Aditya Birla Capital Car Loan

1.What is the maximum loan amount I can get for a car loan from Aditya Birla Capital?

The maximum loan amount that you can get for a car loan from Aditya Birla Capital is up to 100% of the ex-showroom price of the car.

2.What is the tenure for a car loan from Aditya Birla Capital?

The tenure for a car loan from Aditya Birla Capital can range from 12 months to 84 months (7 years).

3.What is the interest rate for a car loan from Aditya Birla Capital?

The interest rate for a car loan from Aditya Birla Capital can vary depending on various factors such as the type of car, loan amount, and your credit score. The interest rate typically ranges from 8.75% to 10.25%.

4.Can I prepay my car loan from Aditya Birla Capital?

Yes, you can prepay your car loan from Aditya Birla Capital without any penalty charges.

5.Can I apply for a car loan from Aditya Birla Capital online?

Yes, you can apply for a car loan from Aditya Birla Capital online through the company's website. You will need to fill out an application form and submit the necessary documents such as identity proof, address proof, income proof, and details of the car you intend to purchase.

6.What are the documents required to apply for a car loan from Aditya Birla Capital?

The documents required to apply for a car loan from Aditya Birla Capital include identity proof, address proof, income proof, bank statements, and details of the car you intend to purchase.

7.Can I transfer my existing car loan from another bank to Aditya Birla Capital?

Yes, you can transfer your existing car loan from another bank to Aditya Birla Capital. This process is known as a balance transfer. By transferring your car loan to Aditya Birla Capital, you can enjoy lower interest rates and better terms and conditions.

8.Is it necessary to have a co-applicant for a car loan from Aditya Birla Capital?

It is not necessary to have a co-applicant for a car loan from Aditya Birla Capital. However, having a co-applicant with a good credit score can increase your chances of getting approved for a car loan and also help you get a better interest rate.

9.What is the processing fee for a car loan from Aditya Birla Capital?

The processing fee for a car loan from Aditya Birla Capital is typically 1% of the loan amount.

10.What are the benefits of getting a car loan from Aditya Birla Capital?

The benefits of getting a car loan from Aditya Birla Capital include competitive interest rates, flexible repayment tenures, easy online application process, prepayment options without penalty charges, and balance transfer facilities. Additionally, the company offers personalized loan options and dedicated customer service to ensure a smooth and hassle-free borrowing experience.

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