DNSB Vehicle Loan

DNS BANK VEHICLE LOAN

Product	Amount	CIBIL Score	Rate of Interest	Period
Four Wheeler (100% Finance) Including Electrical	Upto Rs. 20.00 Lakhs	Any One CIBIL score 700 & above	8.85% p.a.	Upto 84 Months
Four Wheeler (100% Finance) Including Electrical	Upto Rs. 20.00 Lakhs	Both CIBIL score below 700	9.35% p.a.	Upto 84 Months
Four Wheeler (90% Finance) Including Electrical	Above Rs. 20.00 Lakhs	Any One CIBIL score 700 & above	9.85% p.a.	Upto 84 Months
Four Wheeler (90% Finance) Including Electrical	Above Rs. 20.00 Lakhs	Both CIBIL score below 700	10.35% p.a.	Upto 84 Months
2^nd Hand Four Wheeler	Upto Rs. 20.00 Lakhs	Both CIBIL score 700 & above	11.85% p.a.	Upto 60 Months
2^nd Hand Four Wheeler	Upto Rs. 20.00 Lakhs	CIBIL score below 700	12.35% p.a.	Upto 60 Months
Two Wheeler (100% Finance)	Upto Rs. 20.00 Lakhs	Any One CIBIL score 700 & above	9.85% p.a.	Upto 60 Months
Two Wheeler (100% Finance)	Upto Rs. 20.00 Lakhs	Both CIBIL score below 700	10.85% p.a.	Upto 60 Months
Two Wheeler Electrical -(100% Finance)	Upto Rs. 20.00 Lakhs	Any One CIBIL score 700 & above	9.35% p.a.	Upto 36 Months
Two Wheeler Electrical -(100% Finance)	Upto Rs. 20.00 Lakhs	Both CIBIL score below 700	10.35% p.a.	Upto 36 Months

Other Features

v For Car Loan: No Guarantor if the residual income is more than Rs.17,000/-. If residual income is less than Rs.17000/- then One Guarantor Required.
v For Two Wheelers: No Guarantor, if the residual income is more than Rs.10,000/-. If residual income is less than Rs.10,000/- then One Guarantor Required.
v Finance for 2^nd hand vehicle (for vehicle not older than 5 years). Valuation of second hand vehicle is mandatory and amount should not exceed 50% of value certified by valuer.
v 25% Collateral Security for loan above Rs. 20.00 Lakhs

v Processing Fees:

1. For Four Wheeler Vehicle for Personal use: 0.50% (Minimum 1000.00) + Applicable Taxes
2. For Two Wheeler Vehicle for Personal Use: 0.50% (Minimum 500.00) + Applicable Taxes

Documents/Papers required:

v Vehicle Quotation from Authorised dealer.
v PAN Card xerox.
v 3 photographs.
v Residential Proof ( Aadhar card/electricity bill/ Passport of current address)
v If Salaried: Salary Slip for last 3 months and form 16 or IT returns for last 3 years.
v If Businessman: IT returns of last 3 years along with Balance Sheet & Profit & Loss for 3 years.
v Bank statement for last 6 months and existing loan account statement if any.
v One Gurantor if required (PAN card xerox, Residential proof, Income proof )
For any queries do get in touch with nearest branch.