Car Loan for BMW

About Car Loan for BMW

BMW has always been the style symbol that represents your social status. Are you fond of long driving and want to fulfill this dream in your dream car? If yes, you can easily buy your favorite car without any hassle. It is possible only with the help of Auto Finance at pretty good rates of interest.

“No frequent visits to the Bank. Save your precious time. The Best offers on car loan available for you at Dialabank. Avail the Doorstep and Personalized Services of Dialabank and enjoy the luxurious ride of your dream BMW car”.

Car Loan is a secured loan with the lowest rate of interest. Apply now for a car loan with us and enjoy schemes like minimum documentation required, instant approval and less processing fee.

About BMW

BMW is a German automobile company founded in 1916 and manufactures motorcycles under the name “BMW Motorrad” along with engines. The famous British brands, Mini and Rolls Royce are also owned by this German conglomerate and the company is known for its elegant vehicle design for its performance and luxury cars.

BMW India was established in 2006 and located in Gurgaon (National Capital Region). A state assembly plant for BMW 3 and 5 Series started operation in early 2007 in Chennai. BMW is ready to offer its highly regarded M performance cars in India through the completely-built-up (CBU) route.

Check out top-selling BMW models and apply now for Car Loan for BMW

Features and Benefits of Car Loan for BMW from Dialabank

1. We offer extremely quick service to the customers
2. Loans are approved within 24 hours after the documentation process
3. The minimum loan amount is Rs 1 lakh, and maximum Loan amount depends upon the price of the car, varies with the car model, profile of the customer etc
4. The maximum loan amount is up to 90-95%% of the ex-showroom price of the car
5. LTV (Loan to value) of up to 90% of the ex-showroom price of the car
6. Repayment period ranges from 1 to 7 years
7. Prepayment is allowed after 6 months from the disbursement of the loan

Car Loan for BMW Interest Rates

To check Car Loan Interest Rate for all major banks you can visit: Car Loan Interest Rates

Fee & Charges

Now fulfill your dream of buying a car with Dialabank. Submit the following documents to our branch or apply online at dialabank to check your eligibility.

Car Loan for BMW Eligibility criteria

The car loan eligibility requirements are as followed:

Salaried

1. Age – Minimum 21 years at the time of application upto Maximum 65 years (more than 65 years co-applicant is needed)
2. Income –Minimum Income must be Rs.2,50,000/- per annum.
3. Work Experience –A minimum of 2 years of total experience, and must have completed 1 year of service with the current employer immediately prior to application.
4. Residence stability- 2 years in the city and 1 year in the current residence or should be residing in the own house

Documentation Required

1. 2 passport size photos
2. Identity proof- Driving License / Passport / Voter Id / Aadhar card / PAN card
3. Residence Proof- Water Bills / Rental agreements / Electricity Bills / PAN card / Voter Id / Aadhar card / Driving License
4. Income Proof- Latest 3 months salary slip
5. Latest 6 months banking statements

Self-Employed

1. Age – Minimum 30 years at the time of application upto maximum 60 yrs (less than co=applicant is needed)
2. Income –A minimum net profit of Rs.2,00,000/- per annum.
3. Business Experience – 2 years of minimum business stability mitigated with proof.
4. Residence stability – 2 years in the city and 1 year in the current residence or should be residing in the own house

Documentation Required

Documents required for car loan are as followed:

1. 2 passport size photos
2. Identity proof- Driving License / Passport / Voter Id / Aadhar card / PAN card
3. Residence Proof- Water Bills / Rental agreements / Electricity Bills / PAN card / Voter Id / Aadhar card / Driving License
4. Income Proof- Latest 2 years ITR with computation
5. Latest 6 months banking statements
6. Business Proof- CST Certificate / Labour act, Shop Establishment act / SSI Certificate, Rental deed / Utility deed in the name of the company

How to Apply?

Apply online on www.dialabank.com

Top Banks Providing Car Loan

1. HDFC Car Loan
2. Kotak Mahindra Car Loan
3. Yes Bank Car Loan
4. Private Bank Car Loan
5. Axis Bank Car Loan
6. State Bank of India Car Loan
7. Canara Bank Car Loan
8. IndusInd Bank Car Loan
9. Others

Call us on 600 11 600 (Single Number across 18 Cities)

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