DCB Auto Loan
With the hassle free application process, speedy
approval and easy eligibility, DCB Auto Loan is
your short cut to a new car and a newfound status.
Features
- Attractive interest rates
- Easy and simple documentation
- Speedy processing
- Loan available up to 90% of the value of
the car
Loan Amount
Minimum Loan Amount |
Rs. 1,00,000/- |
Maximum Loan Amount |
Rs. 10,00,000/- (Individual)
Rs. 20,00,000/- (Non-Individual) |
Tenure for Loan Amount |
1 – 7 years |
Eligibility Criteria
Age (Minimum) |
21 years for standard car
23 years for premium car
25 years for super premium car |
Age (Maximum at loan maturity) |
60 years for salaried individuals
70 years for self-employed individuals |
Annual Income (Minimum) |
For Salaried Individuals
Rs. 80,000 for standard car and
Rs. 1,00,000 for premium car
For Self-employed Individuals
Rs. 60,000 for standard car and
Rs. 100,000 for premium car |
Documentation Requirements
- Pay slips for the last 2 months, for salaried
individuals
- Income Tax returns of the last 2 assessment
years, for self-employed individuals
- Statement of main / operative bank account
for the last 3 months
- Credit card / loan statement from bank /
financier
- Identity, signature and address proofs
- Passport size photographs
- Qualification certificates for self-employed
professionals
*Conditions apply. All loans are
subject to the terms and conditions and are at
the sole discretion of Development Credit Bank
Ltd. Product available in selected centres only. |
