When can I avail a new car loan?
You can take a new car loan when you have decided which car to buy and know its price.
Which model of cars can be financed with Indiabulls Dhani New Car Loan?
You can finance any type of car through the Indiabulls Dhani New Car Loan.
Do I have to pay a down payment for the car?
You can avail a new car loan without paying any down payment.
How can I calculate my car loan interest rate?
You can calculate your car loan interest rate by using our car loan interest calculator.
What are the different tenure options?
The tenure options range from 3 months to 36 months.
Is my car kept as a collateral till I repay the loan?
No. We do not keep your car as a collateral with us. You have the complete ownership.
How can I be eligible to avail a New Car Loan?
To avail a new car loan from Indiabulls Dhani, you need to be an Indian resident aged 21 years and above. You should be a salaried professional or self-employed entrepreneur.
Is there a minimum and maximum loan amount?
Indiabulls Dhani offers New Car loans ranging from ₹1,000 to ₹15 Lakhs.
Do I get a 100% finance for the car?
Yes. We provide you with 100% funding of the ex-showroom price of your car and if you wish you can take car loan of higher amount to make any desired upgradations or for the insurance premium.
Is my car insurance included in the loan?
No. We do not include the insurance amount. But you can take the loan for a higher amount and incur the cost of your car insurance.
Do I get tax benefits on my New Car loan?
No. There are no tax benefits on New Car Loans.
Can I sell my car before repayment?
You can choose to do whatever you want with your car. Indiabulls Dhani EMIs will be debited as is.
What are the different types of documents required for a New Car Loan?
Indiabulls Dhani does not require you to submit any hard copies of documents. The process is paperless. You only need to fill in your PAN and address proof details.
Does my information remain secure?
Yes, the information you feed remains safe. We have a secure system in place which keeps all your data away from any harm. We do not share your data with any third party.
Where can I download the Mobile application for the Loan?
You can download the application from Google Play Store or Apple App Store.
What is a new car loan EMI Calculator?
Plan your expenses by estimating the amount of EMI that you will be paying at the end of each month for your new car loan. An EMI Calculator helps you get an approximate amount of the same.
When will I get the amount disbursed into my account?
At Indiabulls Dhani you get instant loan approval, thus the amount is disbursed into your bank account in minutes.
Are there any prepayment charges?
If you wish to repay your loan before the tenure, that is known as prepayment. Many banks and lenders charge a prepayment fee. Indiabulls Dhani does not charge you any prepayment fee.