DNS Bank New Festival Dhamaka Vehicle Loan

    
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Vehicle Loan_1  

 

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

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

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.

Both CIBIL score below 700

8.00% p.a.

 
 
This scheme is applicable upto 31st December 2021

Other Features
  • 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

Documents/Papers required:
  • 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


Click here to send us the enquiry or call toll free number 1800-233-1700