Car Loan for Mercedes Benz

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Rates as low as 8.75%*
Up to 100% Funding
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About Car Loan for Mercedes Benz

Car Loan for Mercedes Benz

Mercedes Benz is a global automobile manufacturer and a division of the German company Daimler AG. The brand is known for luxury vehicles, buses, coaches and trucks. The headquarters of Mercedes-Benz is in Stuttgart, Baden-Wurttemberg, Germany. This brand is founded in 1926 by Kari Benz and Gottlieb Daimler. To buy your dream car of Mercedes Benz get a car loan with the help of Dialabank at lowest prices.

Check out top-selling Mercedes Benz models and apply now for Car Loan for Mercedes Benz

Mercedes-Benz
Mercedes-Benz CLARs. 31.72 Lakhs onwards
Mercedes-Benz C-ClassRs. 40 Lakhs onwards
Mercedes-Benz A-ClassRs. 27.83 Lakhs onwards
Mercedes-Benz E-ClassRs. 58.61 Lakhs onwards
Mercedes-Benz GLSRs. 85.67 Lakhs onwards
Mercedes-Benz GLARs. 32.33 Lakhs onwards
Mercedes-Benz CLSRs. 84.7 Lakhs
Mercedes-Benz S-ClassRs. 1.33 Crores onwards
Mercedes-Benz GLERs. 66.49 Lakhs onwards
Mercedes-Benz GLCRs. 50.4 Lakhs onwards
Mercedes-Benz G-ClassRs. 2.19 Crores
Mercedes-Benz AMG GTRs. 2.16 Crores onwards
Mercedes-Benz B-ClassRs. 29.87 Lakhs onwards
Mercedes-Benz SLCRs. 82.85 Lakhs
Mercedes-Benz GLC CoupeRs. 78.03 Lakhs
Mercedes-Benz GLE CoupeRs. 99.2 Lakhs
Mercedes-Benz S-CoupeRs. 1.98 Crores onwards
Mercedes-Benz E-Class All TerrainRs. 75 Lakhs
Mercedes-Benz S-Class CabrioletRs. 2.35 Crores
Mercedes-Benz C-Class CabrioletRs. 65.25 Lakhs
Mercedes-Benz E-Class Cabriolet FaceliftExpected Price: Rs. 80 LakhsUpcoming
Expected to launch in January 2019
Mercedes-Benz GLE NewExpected Price: Rs. 65 LakhsUpcoming
Expected to launch in May 2019

Features and Benefits of Car Loan for Mercedes Benz from Dialabank

  1. We offer extremely quick service to the customers
  2. Loans are approved within 24 hours after the documentation process
  3. The minimum loan amount is Rs 1 lakh, and maximum Loan amount depends upon the price of the car, varies with the car model, profile of the customer etc
  4. The maximum loan amount is up to 90-95%% of the ex-showroom price of the car
  5. LTV (Loan to value) of up to 90% of the ex-showroom price of the car
  6. Repayment period ranges from 1 to 7 years
  7. Prepayment is allowed after 6 months from the disbursement of the loan

Car Loan for Mercedes Benz Interest Rates

New Car Loan

Loan Band

Deviation Rate Grid with MI/SK/CP

Less than 3 lacs

10.60%

3 – 6 lacs

9.50%

6 – 10 lacs

9.35%

10 – 20 lacs

9.10%

more than 20 lacs

8.85%

Used Car Loan

Loan Band

Tenure less than 23 Months

Tenure less than 3 Months

less than 3 Lacs

15.00%

15.50%

 3 – 6 Lacs

14.50%

15.00%

6 – 10 Lacs

13.50%

14.00%

10 – 20 Lacs

13.00%

13.50%

more than 20 Lacs

12.75%

13.25%

Fee & Charges

Fees & Charges

Stamp Duty

At Actuals

Processing fees

Loan Amount less than 20 lacs

Rs.1750/-

Loan Amount more than or equal to 20 lacs

Rs.2250/-

All

Rs.300/-

Legal, Repossession & Incidental charges

At Actuals

Loan Reschedulement charges

Rs.1000/-

Now fulfill your dream of buying a car with Dialabank. Submit the following documents to our branch or apply online at dialabank to check your eligibility.

Eligibility Criteria for Car Loan for Mercedes Benz

Salaried

  1. Age – Minimum 21 years at the time of application upto Maximum 65 years (more than 65 years co-applicant is needed)
  2. Income –Minimum Income must be Rs.2,50,000/- per annum.
  3. Work Experience –A minimum of 2 years of total experience, and must have completed 1 year of service with the current employer immediately prior to application.
  4. Residence stability- 2 years in the city and 1 year in the current residence or should be residing the own house

Documentation Required

  1. 2 passport size photos
  2. Identity proof- Driving License / Passport / Voter Id / Aadhar card / PAN card
  3. Residence Proof- Water Bills / Rental agreements / Electricity Bills / PAN card / Voter Id / Aadhar card / Driving License
  4. Income Proof- Latest 3 months salary slip
  5. Latest 6 months banking statements

Self-Employed

  1. Age – Minimum 30 years at the time of application upto maximum 60 yrs (less than co=applicant is needed)
  2. Income –A minimum net profit of Rs.2,00,000/- per annum.
  3. Business Experience – 2 years of minimum business stability mitigated with proof.
  4. Residence stability – 2 years in the city and 1 year in the current residence or should be residing the own house

Documentation Required

  1. 2 passport size photos
  2. Identity proof- Driving License / Passport / Voter Id / Aadhar card / PAN card
  3. Residence Proof- Water Bills / Rental agreements / Electricity Bills / PAN card / Voter Id / Aadhar card / Driving License
  4. Income Proof- Latest 2 years ITR with computation
  5. Latest 6 months banking statements
  6. Business Proof- CST Certificate / Labour act, Shop Establishment act / SSI Certificate, Rental deed / Utility deed in the name of the company

How to Apply?

Apply online on www.dialabank.com

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Disclaimer: The information provided on www.dialabank.com is collected from public sources and is believed to be accurate and genuine. This site should be used as an information provider for different product offerings of Insurance companies and the visitor should make an independent verification with the Insurance companies to verify the claims made in the policy before making any purchase. The decision to Apply and/or Purchase a policy is at the sole and complete discretion of the website visitor and Dialabank.com cannot guarantee or can be held liable for loss or damage caused by claims made by insurance companies through their agents, partners, products or services, directly or indirectly.

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