Dhanlakshmi Bank Car Loan Interest Rates

Interest Rate 10.10% to 10.35%
Loan Processing Charges 1% of the loan amount
Part Prepayment Charges NA
Cheque Bounce Charges Rs 500 plus GST
Loan Foreclosure charges 2% of the outstanding principal amount plus GST
Late Payment Charges 3% per month
NOC issuance charges Nil for 1st issuance After that a fee of Rs 500 plus GST will be charged.
Customer Credit Information Report (Will be provided only during loan processing) Individual Customers - Rs 200 Other Customers - Rs 750
Loan Tenure 12 to 60 months
Quantum of Loan 95% of the Ex-showroom price / 85% of the On-road price