Dena Bank Car Loans

Eligibility for Dena Bank

• You have a gross income of more than Rs.75,000/- p.a
• You are a partnership firm / company for purchase of car.
• Upto Rs. 50,000/- for purchase of a new two wheeler.

Interest Rates on Car loans- Dena Bank 2014

For Cars	New Cars	Old Cars
Upto 1 year	11.00% (fixed)	12.00% (Fixed)
In >1 yr & upto 3 yrs	11.50%(fixed)	12.50%(fixed)
In > 3 yrs & upto 5 yrs	12%.00 (fixed)

Processing Fees

• Two wheeler- Rs. 500/-
• Four wheelers:

For loans upto Rs. 2.50 lacs, Rs. 1,000/-.

For loans above Rs. 2.50 lacs to Rs. 7.50 lacs, Rs. 1,500/-

For loans above Rs. 7.50 lacs, Rs. 2,500/-.

Repayment

Upto 60 EMIs (For new vehicles) & upto 36 EMIs (For old Vehicles).