Looking to buy a new car? DDSCBL Bank’s New Car Loan offers car loans from Rs. 1 Lakh upto 100% on-road funding along with a host of benefits that include attractive interest rates, comfortable tenure, Axis eDGE Reward points, etc. Before applying for a car loan online, make sure to use the car loan calculator to find out your EMI. Apply for an DDSCBL Bank New Car Loan and make your dream of owning a car come true.
Avail funding from Rs. 1,00,000 upto 100% on-road funding for Up to 7 years*.
50 bps lower rate of interest on car loan for Electric Vehicles
Pre-qualified customers can avail Instant sanction for their Car Loan.
Up to 7 years of tenure on select schemes.
|1 Yr MCLR||Spread over MCLR||Effective ROI Range||Reset||Processing Fee||Documentation Charges|
|7.35%||0.10% - 7.20%||7.45% - 14.50%||No Reset||Rs. 3500 – Rs. 5500||Rs. 500|
|Effective ROI Range||Processing Fee||Documentation Charges|
|7.45% - 14.50%||Rs. 3500 – Rs. 5500||Rs. 500|
DDSCBL Bank’s New Car Loan offers a loan amount up to 100% of the on-road price of the car. The charges associated with the New Car Loan are completely transparent and kept to a minimum, which means you have to pay less upfront. Find out about the new car loan charges below.
|1||Cheque/ECS/NACH Bounce / Instrument Return Charges||Rs. 339 per instance|
|2||Cheque / Instrument Swap Charges||Rs. 500 per instance|
|3||Duplicate Statement Issuance Charges||Rs. 250 per instance|
|4||Duplicate Repayment Schedule Issuance Charges||Rs. 250 per instance|
|5||Duplicate No Dues Certificate / NOC||Rs. 50 per instance|
|6||Penal Interest||2% per month|
|7||Loan Cancellation / Re-booking||Rs. 550/- per case|
|8||Foreclosure/Part Payment Closure||5% of the Principal Outstanding|
|9||Stamp Duty||At actuals|
|10||Issuance of Credit Report||Rs. 50/- per instance|
|11||Documentation Charge||Rs 500/-|
|12||Registration Certification Collection Charge||Rs 200/ per instance|