You can avail Indiabulls Dhani New Car Loan to purchase your dream car at interest rates starting from 11.99% p.a. and for a tenure ranging between 3 months and 36 months. Indiabulls Dhani offers car loans ranging from Rs.1,000 to Rs.15 lakh and if you wish to prepay your loan you can do so without having to pay any penalty fee.
|Interest Rate||11.99% p.a. onwards|
|Processing Fee||Up to 5%|
|Loan Foreclosure Charges||5% if foreclosed before 6 months|
|Late Payment Penalty||3% per month|
|Loan Cancellation Charges||Rs.3,000|
|Bounce Charges||Rs.400 onwards|
|Statement of Account Charges||Rs.500|
|Duplicate Repayment Schedule||Rs.500|
To apply for a car loan from Indiabulls Dhani, you can follow the below-given steps:
Answer: No, you need not make any down payment for buying a car with the car loan availed from Indiabulls Dhani as it offers 100% funding on the ex-showroom price of the car.
Answer: If you are an Indian resident, are aged 21 years and above, and have a steady source of income (whether you are salaried or self-employed), you are eligible to get a car loan from Indiabulls Dhani.
Answer: No, the cost of car insurance is not included in the car loan. However, you can apply for a loan for a higher amount so that your car insurance cost is covered under the loan.
Answer: Yes, you can sell the car before the end of your repayment tenure but the equated monthly instalments (EMIs) for your loan availed from Indiabulls Dhani will continue to be debited from your account every month.
Answer: Indiabulls Dhani allows you to prepay your loan without any penalty fees. However, if you choose to prepay your car loan before 6 months of loan disbursal, you will need to pay a penalty of 5% of the loan amount.
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