Dena Bank Car Loan in Kolkata
Last Updated : March 14, 2017, 10:15 a.m.
About Dena Bank Car Loan Kolkata
Dena Bank is one of the prominent public sector banks which was founded by Devkaran Nanjee and his family on 26th May 1938 under the name Devkaran Nanjee Banking Company Ltd. Later on, it became a Public Ltd. Company in 1939 and its identity got changed by the name Dena Bank Ltd. In July 1969 Dena Bank Ltd. along with 13 other banks was nationalized and Mumbai became its headquarters. The bank was selected by the World Bank in the year 1995 for disseminating the loan amount of ₹72.3 Crores under Financial Sector Development project which has made the bank technologically upgraded. The bank establishes its presence through 1,773 branch networks and some of the branches occupy Kolkata as well. The bank commits itself to providing various types of loan schemes such as Dena Trade Finance, Dena Gold Loan Scheme, Dena Vidya Laxmi Educational Loan Scheme, Dena Senior Citizen Pensioners' Loan Scheme, Dena Suvidha (Personal Loan) Scheme, Dena Loan Against Property Scheme, Dena Vehicle Loan Scheme, Dena Consumer Durable Loan and Dena Doctor+. A car loan is one such popular loan amongst other loans which is widely accessible by people of Kolkata and other regions.
Dena Bank has introduced various types of car loans. The loans are available for the purchase of both new cars and the second-hand cars. This car loan can be availed by salaried individuals, proprietary firm, partnership firms, and companies. The retail customers, as well as corporates, take the benefit of a hassle-free loan application and sanction process. Dena Bank car loan scheme can be availed for the financing of cars of any make and model. The upper limit amount for availing the loans of a new car is of ₹ 200 lakhs whereas the margin requirement is 15%. The monthly payment for repayment of a new car stands upto 7 years as compared to 3 years for used cars. The car loans with Dena Bank are offered at simple application process at an attractive interest rate. There are no hidden charges. Because of these benefits, Dena Bank is one of the most preferred car loan providers in the market. If you are planning to buy a new car or a used car, then you must prefer the Dena Bank plans as it comes with an affordable option along with ample of benefits.
Dena Bank Car Loan Kolkata at a glance
| Particulars | Details |
|---|---|
| Interest Rate | 7% onwards |
| Loan Amount | Upto ₹ 200 lakhs for purchase of a new car. |
| Tenure | Maximum 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 Charges | Nil |
Eligibility Criteria
Salaried Individuals, proprietary firm, partnership firms and companies are eligible to apply for the car loan.
The minimum income for salaried individuals/proprietary firm is ₹ 2.50 lakhs per annum.
The 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, visit Car Loan Kolkata
Address of Dena Bank Branches in Kolkata
| Branch Name | Complete Address | IFSC | MICR | Contact Number |
|---|---|---|---|---|
| Burra Bazar | 112, Rabindra Sarani, P.B.No.704, Burra Bazar, Calcutta, West Bengal - 700073 | BKDN0910075 | 700018004 | 033-22685764(D)/22381581 |
| Bhowanipore | 109/D, Ashutosh Mukherjee Road, Bhowanipore, Calcutta, West Bengal 700025 | BKDN0910081 | 700018008 | 033-24755568/24754932 |
| Calcutta Shyam Bazar | 83/1, Bidhan Sarani, Shyam Bazar, Calcutta - 700004 | BKDN0910172 | 700018012 | 033-25556365/25553038 |
| Kolkata Rashbehari Avenu | 41 A (C), Rash Behari Avenue, Kolkata | BKDN0910173 | 700018011 | 033-24634211/24643781 |
| Park Street | 3, Park Street, Calcutta, West Bengal - 700016 | BKDN0910300 | 700018005 | 033-22267845(D)/22295487/6393 |
| Beckbagan - Park Cir | Beck Bagan, 3, Mrigendra Lal Mitra RDCalcutta, West Bengal - 700017 | BKDN0910547 | 700018007 | 033-22409644/22477033 |
| Sealdah | 20 A , Ramnath Biswas Lan Sealdah 700009 | BKDN0910647 | 700018015 | 033-23505638 |
| Calcutta - Behala | 427/a, Diamond Harbour Road, Calcutta - 700034 . | BKDN0910690 | 700018016 | 033-24782526 |
| College Street | 52 BY 11A, College Street, Calcutta 700073 | BKDN0910693 | 700018014 | 033-22414803 |
| Maniktalla | P - 241, CIT RD.Scheme - IV(M), Kankurgachi, Manicktalla, Calcutta - 700054, West Bengal | BKDN0910697 | 700018010 | 033-23345124/23207018 |