Dhanlaxmi Bank Car Loan emi calculator – calculate emi online
Dhanlaxmi Bank offers car loans at lowest interest rates. Find details on documents requirement, Eligibility, fees & charges of Dhanlakshmi bank online. Calculate emi for used car loans online.
Car Loans is the ideal way to finance your new set of wheels. Now you can acquire your favorite small car, sedan or luxury vehicle with flexible repayment options.
Funding
✓ 95% of the Ex showroom cost (or) 85% on On road cost ( Ex showroom cost+ Insurance+ Registration and Road tax)
✓ 60% on value of the vehicle as certified by the approved valuer of the Bank (Used Car Segment)
Features:
✓ Avail up to 85% on On road cost or 95% of the Ex showroom cost (New Car)
✓ Avail up to 60% of the value of the vehicle. (Used Car Loan)
✓ Tenor – Ranging from 12 to 60 months (New Car)
✓ 1 Year to 4 Years Repayment options for Used Car Loan
✓ Quick and speedy processing.
✓ Repayment through convenient EMI’s
✓ Financial based product.
✓ Convenient and Attractive Rate of Interests
✓ Minimum / hassle free documentation
Interest Rates of Dhanlaxmi Bank on Car Loans:
✓ 11.50% for New Cars & 12.75% for Used Car Loans
Processing Fees:
✓ 1% of the loan amount.
Eligibility Required to get Car loan from Dhanlaxmi Bank:
Salaried Individuals: | Self-Employed / Professionals |
Minimum age of Applicant – 21 years
Maximum age of Applicant at loan maturity – 60 years Minimum Annual Salary – Rs. 1,20,000/- Minimum Employment Stability – One year in current employment and total experience of 2 years |
Minimum age of Applicant – 21 years
Maximum age of Applicant at loan maturity – 65 years Minimum Annual Income – Rs. 1,20,000/- Minimum Business Continuity – 3 years in same business |
Partnership Firms: | Private Limited Company: |
Minimum Income – Rs. 1,20,000/-
Minimum Business Continuity – 3 years in same business |
Minimum Income – Rs. 1, 20,000/-
Minimum Business Continuity – 3 years in same business |
Documents required for New car loan
✓ Salaried Individuals
✓ Duly filled Application Form
✓ Passport size colored photographs
✓ Identity proof – Pan Card/Passport copy/Voters ID card/ Driving License/Employee ID Card (If employed with MNCs/PSUs/Public limited companies/other government companies)
✓ Address Proof – Telephone Bill/Electricity Bill/Ration Card/Life Insurance premium receipt/Sale Agreement/Municipality TAX receipt/Property Tax Receipt/Valid Leave and License agreement.
✓ Income Proof – 6 months salary slip/Salary certificate , Form 16 and ITR for last 2 years
✓ Bank Statement – Latest 06 months bank statements