Dena Bank Car Loans
Eligibility for Dena Bank
- You have a gross income of more than Rs.75,000/- p.a
- You are a partnership firm / company for purchase of car.
- Upto Rs. 50,000/- for purchase of a new two wheeler.
Interest Rates on Car loans- Dena Bank 2014
For Cars
|
New Cars
|
Old Cars
|
Upto 1 year
|
11.00% (fixed)
|
12.00% (Fixed)
|
In >1 yr & upto 3 yrs
|
11.50%(fixed)
|
12.50%(fixed)
|
In > 3 yrs & upto 5 yrs
| 12%.00 (fixed) |
Processing Fees
- Two wheeler- Rs. 500/-
- Four wheelers:
For loans upto Rs. 2.50 lacs, Rs. 1,000/-.
For loans above Rs. 2.50 lacs to Rs. 7.50 lacs, Rs. 1,500/-
For loans above Rs. 7.50 lacs, Rs. 2,500/-.
Repayment
Upto 60 EMIs (For new vehicles) & upto 36 EMIs (For old Vehicles).
