Dena Bank Car Loan in Pune

Last Updated : March 7, 2017, 10:49 a.m.

About Dena Bank Car Loan Pune

Dena Bank has set up its presence in Pune by establishing some of its branches in the city. Devkaran Nanjee and his family founded this bank in the year 26 May 1938. It is a public sector bank which across the years got renamed as Dena Bank in December 1939. Further, it became nationalized by the Government of India in July 1969. The mission statement of Dena Bank augments the financial services to Pune customers and outside. The financial capacity of the Dena Bank has outstretched itself to provide a wide array of services within and outside the city. The staff of the Dena Bank Pune commits itself towards the bank's growth in a profound manner. The bank offers flexible interest rates to fulfill the needs of the customers throughout Pune and outside cities to the fullest. The bank provides a host of products and services such as Deposits, Loans, Investment Services, Small and Medium Enterprises and a car loan is one such product amongst all.

A car loan is one such loan which every loan applicants seek for in order to cherish their dream of owning a car one day. The interest rates offered to the applicant are based on some specified criteria and changes are likely to happen from time-to-time. Every customer has to produce their clear credit history in order to avail the chances of getting car loan suitably. This may involve clearing all the debts and obligations within time so as to earn a good credit score throughout the period of time. To fulfill the customer's interest, Dena Bank's auto financing scheme consider every aspect of individual needs which make them comfortable enough to avail car loan. The disbursement of the loan takes places through an authorized dealer. The interest rates offered for new and old four wheelers regardless of the make and model selected by the customer assists them in availing a suitable amount of car loan. Keeping this in view, the officials of Dena Bank ensure to furnish every detail associated with paper formalities so as to avoid any hassle in availing car loan.

Dena Bank Car Loan Pune at a glance

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 Pune

Address of Dena Bank Branches in Pune