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About Dena Bank Car Loan Lucknow
Headquartered in Mumbai, Dena Bank was constituted in the year 1939 as a public sector bank and is one of the nationalized banks in India. The bank offers outstanding financial services of great value, Dena Bank guarantees superior financial returns and better economic growth to its customers and shareholders. The bank expands itself through a number of branches and some of the branches gain a foothold in Lucknow city as well. The bank provides a bouquet of products and services in the form of loans, deposits, internet banking, corporate banking, international banking, priority lending including small & medium enterprises services. Among the regular loan products, car loan is an acclaimed loan preferred by numerous loan seekers.
Owning a car was once considered to be a luxurious statement as well as a dream where people focus hard on saving more for the sake of purchasing their dream car during earlier times. However, today it has become much more of a necessity in life as it offers a convenient means of transport for the family. Due to high cost of living, several people whose salaries or incomes don't allow to purchase a car instantly, have to wait for savings to grow larger so they can still live upto their dreams of owning a car no matter if it is a new car or a used one. Dena Bank car loan is available to salaried individuals, partnership firms, proprietary firm, and companies. The interest rates on car loans from Dena Bank are affordable to suit the pockets of every individual. However, the tenure range upto 7 years for the new car as opposed to 3 years for the second-handed cars help the customer to plan for the monthly installments without facing any burden. The maximum loan amount for a new car is ₹ 200 lakhs with a margin requirement of 15% (for new cars) as compared to the margin of 20%(for used cars). Because of these benefits, Dena Bank assists several customers in giving a direction to their dreams.
Dena Bank Car Loan Lucknow at a glance
|Interest Rate||7.50% - 10.30%|
|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 upto3 years
|Processing Fee||₹ 500 irrespective of loan amount (Plus service tax as applicable from time to time)|
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.
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 Lucknow
Address of Dena Bank Branches in Lucknow
|Branch Name||Complete Address||IFSC||MICR||Contact Number|
|Hazratganj||11, M.G. Road, PB No.114, Hazrat Ganj, Lucknow, Uttar Pradesh - 226001||BKDN0720185||226018002||0522-2624913|
|Nadan Mahal Road, Lucknow||Nadan Mahal Road, Lucknow 226001||BKDN0720239||226018005||0522-2266403/2653396|
|Shivaji Marg||7, Shivaji Marg, Lucknow - 226001, Uttar Pradesh||BKDN0720631||226018006||0522-2212203|
|Bangla Bazar||Rail Nagar, Bangla Bazar, Lucknow, Uttar Pradesh||BKDN0720736||226018003||0522-2422161|
|Dubagga, Lucknow||Ramjivan Bldg, Harodia Rd, Dubagga, Dist Lucknow||BKDN0720860||226018008||0522-2408390|
|Uthrathia||Lucknow (Uthrathia) Rai Bareli Road, Uthrathia, Lucknow - 226 01||BKDN0721089||226018007||0522-2440524|
|Gomti Nagar||3/107, Vidhayakpuram, Gomtinagar, Lucknow, Uttar Pradesh||BKDN0721135||226018009||0522-2398264|
|Rajajipuram||Skd Plaza, E Block, Rajajipuram, Lucknow, Uttar Pradesh||BKDN0721145||226018010||0522-2417392|
|Aliganj Lucknow||C - 1, Sector - M, Aliganj, Lucknow - 226024||BKDN0721190||226018011||0522-2334739|
|Alambagh||565-KA/94/2, Amrudhi Bagh, Sneh Nagar, Alambagh, Lucknow- 226005||BKDN0721573||NON-MICR||9454011313|