Dena Bank Car Loan in Kolkata

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

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 upto3 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 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 NameComplete AddressIFSCMICRContact Number
Burra Bazar112, Rabindra Sarani, P.B.No.704, Burra Bazar, Calcutta, West Bengal - 700073BKDN0910075700018004033-22685764(D)/22381581
Bhowanipore109/D, Ashutosh Mukherjee Road, Bhowanipore, Calcutta, West Bengal 700025BKDN0910081700018008033-24755568/24754932
Calcutta Shyam Bazar83/1, Bidhan Sarani, Shyam Bazar, Calcutta - 700004BKDN0910172700018012033-25556365/25553038
Kolkata Rashbehari Avenu41 A (C), Rash Behari Avenue, KolkataBKDN0910173700018011033-24634211/24643781
Park Street3, Park Street, Calcutta, West Bengal - 700016BKDN0910300700018005033-22267845(D)/22295487/6393
Beckbagan - Park CirBeck Bagan, 3, Mrigendra Lal Mitra RDCalcutta, West Bengal - 700017BKDN0910547700018007033-22409644/22477033
Sealdah20 A , Ramnath Biswas Lan Sealdah 700009BKDN0910647700018015033-23505638
Calcutta - Behala 427/a, Diamond Harbour Road, Calcutta - 700034 . BKDN0910690700018016033-24782526
College Street 52 BY 11A, College Street, Calcutta 700073 BKDN0910693700018014033-22414803
ManiktallaP - 241, CIT RD.Scheme - IV(M), Kankurgachi, Manicktalla, Calcutta - 700054, West BengalBKDN0910697700018010033-23345124/23207018

 

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