DNSB Vehicle Loan
DNS BANK VEHICLE LOAN
|
Product |
Amount |
CIBIL Score |
Rate of Interest |
Period |
|
Four Wheeler (100% Finance) Including Electrical |
Upto Rs. 20.00 Lakhs |
Any One CIBIL score 700 & above |
8.85% p.a. |
Upto 84 Months |
|
Both CIBIL score below 700 |
9.35% p.a. |
Upto 84 Months |
||
|
Four Wheeler (90% Finance) Including Electrical |
Above Rs. 20.00 Lakhs |
Any One CIBIL score 700 & above |
9.85% p.a. |
Upto 84 Months |
|
Both CIBIL score below 700 |
10.35% p.a. |
Upto 84 Months |
||
|
2nd Hand Four Wheeler |
Upto Rs. 20.00 Lakhs |
Both CIBIL score 700 & above |
11.85% p.a. |
Upto 60 Months |
|
CIBIL score below 700 |
12.35% p.a. |
|||
|
Two Wheeler (100% Finance) |
Upto Rs. 20.00 Lakhs |
Any One CIBIL score 700 & above |
9.85% p.a. |
Upto 60 Months |
|
Both CIBIL score below 700 |
10.85% p.a. |
Upto 60 Months |
||
|
Two Wheeler Electrical -(100% Finance) |
Upto Rs. 20.00 Lakhs |
Any One CIBIL score 700 & above |
9.35% p.a. |
Upto 36 Months |
|
Both CIBIL score below 700 |
10.35% p.a. |
Upto 36 Months |
Other Features
- v For Car Loan: No Guarantor if the residual income is more than Rs.17,000/-. If residual income is less than Rs.17000/- then One Guarantor Required.
- v For Two Wheelers: No Guarantor, if the residual income is more than Rs.10,000/-. If residual income is less than Rs.10,000/- then One Guarantor Required.
- v Finance for 2nd hand vehicle (for vehicle not older than 5 years). Valuation of second hand vehicle is mandatory and amount should not exceed 50% of value certified by valuer.
- v 25% Collateral Security for loan above Rs. 20.00 Lakhs
v Processing Fees:
- 1. For Four Wheeler Vehicle for Personal use: 0.50% (Minimum 1000.00) + Applicable Taxes
- 2. For Two Wheeler Vehicle for Personal Use: 0.50% (Minimum 500.00) + Applicable Taxes
Documents/Papers required:
- v Vehicle Quotation from Authorised dealer.
- v PAN Card xerox.
- v 3 photographs.
- v Residential Proof ( Aadhar card/electricity bill/ Passport of current address)
- v If Salaried: Salary Slip for last 3 months and form 16 or IT returns for last 3 years.
- v If Businessman: IT returns of last 3 years along with Balance Sheet & Profit & Loss for 3 years.
- v Bank statement for last 6 months and existing loan account statement if any.
- v One Gurantor if required (PAN card xerox, Residential proof, Income proof )
- For any queries do get in touch with nearest branch.