BMW Car Loan

Car Loan @ 8.10%*

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Bayerische Motoren Werke, usually known as BMW, is a leading German Automobile Company that is well known for luxury cars.  BMW has new 11 models in India, which are: BMW 1 Series, BMW X1, BMW 3 Series, BMW 3 Series GT, BMW 5 Series, BMW X5, BMW X3, BMW Z4, BMW 7 Series, BMW 6 Series, BMW 4 Series and BMW i8. Own your favourite BMW Car that you have always dreamt with attractive features of a Car Loan. We offer car loans for New Car, Pre-Owned car and even a loan against car. Avail the best BMW Car Loan on cheapest interest rates and Affordable EMIs. Drive your dream BMW Car and make your journey classic and comfortable.

Features

  • Loan up to 100% of ex-showroom price.
  • Loan tenure up to 7 years.
  • Pre-Qualified Car Loans for existing customers.
  • Attractive rate of interest.
  • Easy documentation.

Benefits

  • Flexible repayment options.
  • Fast, Reliable Service.
  • Attractive deals from associated car dealers.
  • Insurance cover for Loan Liability available, repayable along with EMI.
  • Zero Pre-payment charges under ‘MultiAdvantage Car Loans’ product.

 

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For salaried

  • The candidate should be above 25 years old at the time of application, and upto 58 years of age at the time of maturity of the loan.
  • Annual income of at least Rs. 2.50 lakh.
  • The total employment stability should be more than 2 years and current employment stability of minimum 1 year.

For Self-Employed Individuals

  • Any proprietor, partner, professional or director above 28 years but below 65 years at the time of the loan maturity.
  • Gross annual income of at least Rs. 2.00 lac.

Current business stability should be 2 years or total more than 3 years.

Partnership Firm

  • Firm should have a minimum PAT (profit after tax) of Rs. 2.00 lakh Business income as per ITR or Profit as per P/L.
  • Current business stability should be 2 years or total more than 3 years.

Private-public ltd co

  • Limited companies should have been in existence for at least 3 years.
  • Minimum PAT (profit after tax) of Rs. 2.00 lakh Business income as per ITR or Profit as per

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Keeping your convenience in mind, we ask you for minimal mandatory documents for the sanctioning of your car loan.

Income Proof

  • Self-Employed individuals: Income Tax Returns of 2 previous financial years.
  • Partnership Firms, Societies & Companies: Income Tax returns of 2 previous financial years along with complete financial/audit report.
  • Documents supporting customer information: Identity Proof, Signature Proof,Recent passport size colour photograph and Address Proof as per Bank norms (Dialabank representative will help you choose suitable documents).
  • Business/employment stability proof.
  • Ownership proof required if self-employed individuals.
  • Bank statements.

Other Documents

  • Partnership Firms: Partnership deed and Letter signed by all partners authorizing one partner to execute the required Car Loans documentation.
  • Societies and Companies: Resolution by Board of Directors (or such managing body) & Memorandum & Articles of Association (or Society/Trust deed).Our representative will help you with the formats of documents and the information required.

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