Dena Bank Car Loan in Ghaziabad

About Dena Bank Car Loan Ghaziabad

Dena Bank is one of the prominent Indian Commercial Banks which has its headquarters in Mumbai. Devkaran Nanjee and his family founded the bank on the 26th of May, 1938. Later on, the Government of India nationalized the bank along with 13 other commercial banks in the year 1969. It is one of the public sector banks which was once chosen amongst six other banks by the World Bank in the year 1995 for disbursing the loan amount of ₹72.3 Crores under Financial Sector Development Project. The bank laid down its presence in Ghaziabad through some of its branches. The city is popularly known for its large and planned industrial regions which is a home to the distinguished commercial, industrial and educational centre of western U.P. The bank offers plethora of banking services to its customers which involve Personal Banking Services that consists of Loan, Deposit and Investment Services, Small and Medium Enterprises(SME) services and a couple of other premium services. Amongst this, a car loan is one such loan preferred by the customers of Ghaziabad and outside regions in order to give their dreams a right dimension.

When you are considering Dena Bank for your car loan, the bank acknowledges your preferences following the decision of owning a car. It becomes very easier for you to choose the right make and model of the car you want to buy, but it takes a little effort to recognize the right car financing plans for funding the car of your dreams. Among car loan lenders in the market, if you select Dena Bank as your loan provider then you directly tend to associate with the offers provided by the bank. The bank provides more comprehensive car finance plans for both new cars and second-handed cars. Accruing to such benefits, the car loan of Dena Bank is voted as one of the top financial products in the market. The car loan provided by Dena Bank has attractive rates of interest and different alternatives available for your monthly car loan payments with an appropriate tenure. Moreover, the eligibility criteria of the borrower emphasize more weightage at the time of loan sanction. Nevertheless, a favourable record of timely settlement of periodic payments plays a vital role when it comes to the loan disbursement. The maximum limit for car loan availability allocated by Dena Bank is ₹ 200 lakhs for the new cars.

Dena Bank Car Loan Ghaziabad at a glance

ParticularsDetails
Interest Rate8.90% - 11.35%
Loan AmountUpto ₹ 200 lakhs for purchase of a new car.
TenureMaximum upto 7 years for new vehicle.

2nd hand four-wheeler(upto 3 year old)-Maximum upto 3 years
Processing Fee₹ 500 irrespective of loan amount (Plus service tax as applicable from time to time)
Pre-payment ChargesNil

Eligibility Criteria

  • Salaried Individuals, proprietary firm, partnership firms and companies are entitled to apply for the car loan.
  • The prescribed minimum income for salaried individuals/proprietary firm is ₹ 2.50 lakhs per annum.
  • The prescribed minimum income for partnership firm/company is ₹ 3 lakhs per annum.

Documents Required

  • Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
  • Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.
  • Proof of Income: Latest salary slip with form 16 / Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of ₹ 4,50,000 per annum / Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company / Latest ITR
  • Bank Statement: Last 6 months

To know more details, visit  Car Loan Ghaziabad

Address of Dena Bank Branches in Ghaziabad

Branch NameComplete AddressIFSCMICRContact Number
Ghaziabad 17, Navayug Market, Ghaziabad - 201001BKDN07206871100180290120-2797269
VaishaliGaur Gravity Heights Hall No 8, Sector 4, Vaishali, Up 201002 BKDN0711660NON-MICR9869182555
Raj NagarJ 3 Raj Nagar District Centre, Raj Nagar, Ghaziabad, Uttar Pradesh, Pincode 201001 BKDN0711826NON-MICR9411803194
VasundharaPlot No C 15 Ground Floor Sector 15 Vasundhara Ghaziabad Uttar Pradesh Pin Code 201012BKDN0711847NON-MICR9601566576

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