Dena Bank Car Loan

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Dena Bank Car Loan

Dena Bank is one of the earliest banks in India, headquartered in Mumbai. It was established on 26 May 1938, by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. It is one of the nationalised banks of India. It develops into a Public Limited Company in December 1939, and later the name was changed to Dena Bank Ltd. It has a network of over 1400 branches.

Why Dena Bank Car Loan?

A car adds smoothness and ease into life but buying a vehicle involves lots of money. A person with limited income cannot even think of paying the whole cost at once. Therefore, one has to apply for an auto loan. The Dena Bank Car Loan scheme is the best financial scheme in the market that offers you the required money at cheap interest rates and flexible repayment options. Also, it allows you to pay for the vehicle in instalments rather paying it as once.

Dena Bank Car Loan

For more details check these:

  1. Documents
  2. Eligibility
  3. Features
  4. Charges
  5. Interest Rate

Features and Benefits of a Dena Bank Car Loan from

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

Dena Bank Car Loan Interest Rates and Charges

For CarsNew CarsOld Cars
Upto 3 years8.65%
Above 3 years8.75%
Maximum upto 3 years11.25%

Leading Car Loan Providers:-

  1. HDFC Car Loan
  2. Bank of Baroda Car Loans
  3. Canara Bank Car Loan
  4. Indusind Bank Car Loan
  5. State Bank of Hyderabad Car Loan
  6. SBI Car Loan
  7. ICICI Bank Car Loan
  8. AXIS bank Car Loan
  9. IDBI Car Loan

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Disclaimer: The information provided on 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 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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