Dena Bank Car Loans – Dena Bank Car Finance Schemes, EMI, Interest Rates, Documents, Processing Fees, EMI Calculator online. Check Process, emi calculator and calculate eligibility for your dena bank car loan.
With effect from 1st April 2019, erstwhile Dena Bank has been amalgamated with Bank of Baroda.
Dena Bank Car Loan Interest Rates 2020
|Interest Rates||8.65% – 10.40%|
|Repayment Period||7 Years|
|Lowest EMI per Lakh||Rs. 1,614|
|Maximum loan amount||85% of on road price|
|Minimum Income Per Month||Rs.16000|
Dena Bank Car loan EMI Calculator
Dena Bank car loan emi calculator helps you to know how much emi per month you have to pay against the loan taken for purchasing the new car. you can select or choose the right loan amount as per your financial condition and it helps you in selecting the car variant as per your paying capacity of EMI. For calculation you have to just select the right loan amount, Interest Rate and Repayment period.
For an example, You can take a loan amount of Rs.6 lakh for Maruti Dzire or Hyundai I20 car for 5 years repayment period at 9.10% rate of interest than you emi calculations are as follows:
- Loan Amount = Rs. 6,00,000
- Monthly Installment (EMI) = Rs. 12,484
- Total Interest Amount = Rs. 1,49,049
- Total Amount (Principal + Interest) = Rs. 7,49,049
|1||Rs. 99,280||Rs. 50,528||Rs. 500,720|
|2||Rs. 108,703||Rs. 41,105||Rs. 392,017|
|3||Rs. 119,016||Rs. 30,792||Rs. 273,001|
|4||Rs. 130,311||Rs. 19,497||Rs. 142,690|
|5||Rs. 142,784||Rs. 7,131||Rs. 0|
NO PREPAYMENT CHARGES
Upto 60 EMIs (For new vehicles) & upto 36 EMIs (For old Vehicles)
Dena Bank was founded on 26th May, 1938 by the family of Devkaran Nanjee under the name Devkaran Nanjee Banking Company Ltd. As on 31 March 2015 Dena bank has 1739 Branches, 1482 ATM’s & 13632 no of employees all over the country. As of 31st March, 2015, Gross NPA stood at Rs. 4,393 cr as against Rs. 2,616 cr as of 31st March, 2014. In percentage terms it is at 5.45% as compared to 3.33%. As of 31st March, 2015, Net NPA stood at Rs.3,014 cr as against Rs.1,819 cr as of 31st March,2014. In percentage terms it is at 3.82% as compared to 2.35%.
Direct Retail Credit posted a growth of Rs.1,204 cr from Rs.9,706 cr as on 31st March, 2014 to Rs.10,910 cr as on 31st March, 2015, registering a growth of 12.41 %.
Other Available products of Dena Bank are –
Dena Corporate Centre
C-10, G Block,
Mumbai- 400 051
Tel.- (022) 26545000, 26545035
Source: Dena Bank website