Take the smooth road to own your Dream Machine
Get on the right track with Dena Auto Loan and drive home your home machine.
1. For Motor Cycle / Scooter : Minimum Rs. 1. Lac per annum
2. For Four Wheeler :
For Individual / Proprietary Firm : Minimum Rs. 2.50 Lacs per annum
For Partnership Firm / Company : Minimum Rs. 3 Lacs per annum
•Upto Rs. 50 lakhs for purchase of a new two wheeler.
•Upto Rs. 200 lakhs for purchase of a new car.
For New Vehicles : 15 % .
In case of Corporate Salary Arrangement, 10% of on road price for new car.
In case of Old Car 20% (up to 3 year old).
Rate of Interest
Please Check out the Interest Rates Section to find latest Interest Rates applicable.
INTEREST CHARGED ON DAILY REDUCING BALANCE
NO PREPAYMENT CHARGES
Hypothecation of the vehicle purchased.
Mode of disbursement
Loan disbursed directly to the authorized dealer.
• Two wheeler- Rs. 250/- (Plus service tax as applicable from time to time)
• For Car Loan: Rs 500/- irrespective of loan amount. (Plus service tax as applicable from time to time)
Maximum up to 84 months for new vehicle.
2nd hand four-wheeler (up to 3 year old)- Maximum up to 36 months.