DNS Bank New Festival Dhamaka Vehicle Loan
|
Product |
Amount |
CIBIL Score |
Rate of Interest |
Period |
|
Four Wheeler (100% Finance) |
Upto Rs. 20.00 Lakhs |
Both CIBIL score 700 & above with no deviation / relaxation |
7.70% p.a. |
Upto 36 Months |
|
8.25% p.a. |
Above 36 months to 84 Months |
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|
Both CIBIL score below 700 |
8.25% p.a. |
Upto 60 Months |
||
|
8.75% p.a. |
Above 60 months to 84 Months |
|||
|
Two Wheeler (100% Finance) |
Upto Rs. 20.00 Lakhs |
Both CIBIL score 700 & above with no deviation / relaxation |
8.00% p.a. |
Upto 84 Months |
|
Both CIBIL score below 700 |
8.00% p.a. |
Upto 60 Months |
||
|
8.50% p.a. |
Above 60 months to 84 Months |
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|
Electric Two Wheeler (100% Finance) |
Upto Rs. 70,000/- |
Both CIBIL score 700 & above with no deviation / relaxation |
7.50% p.a. |
Upto 60 Months |
|
Both CIBIL score below 700 |
7.75% p.a. |
|||
|
Above Rs. 70,000/- |
Both CIBIL score 700 & above with no deviation / relaxation |
7.70% p.a. |
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|
Both CIBIL score below 700 |
8.00% p.a. |
- No Guarantor if total deduction including EMI of proposed loan does not exceed 65% of Gross Income & residual income at least Rs. 17,000/- for Four Wheeler Loan & Rs. 10,000/- for Two Wheeler Loan
- One Guarantor if total deduction including EMI of proposed loan does not exceed 65% of Gross Income & residual income at least Rs. 12,000/- for Four Wheeler Loan & Rs. 8,000/- for Two Wheeler Loan
- Maximum Loan Limit – Rs. 20.00 Lakhs on the Invoice price of Vehicle (Cost of vehicle + RTO Registration Charges + Insurance)
- Processing Fees are waived till 31st December 2021
- Vehicle Quotation from Authorised dealer.
- Proof of Identity
- Residential Proof ( Aadhar card/electricity bill/ Passport of current address)
- If Salaried: Salary Slip for last 3 months and form 16 for last 3 years.
- If Businessman: IT returns of last 3 years along with Balance Sheet & Profit & Loss for 3 years.
- Bank statement for last 6 months
- Guarantors documents as mentioned above