B.D.S has Multiple tie-ups with the Financial Institutions in the Industry to Provide our customers uninterrupted experience.
B.D.S Partner Banks
More Information
“The borrowing of money which has to be repaid with interest to fund the purchase of a car“. Car loan is sometimes described as a number of different loan products. The main finance product that is used is Hire Purchase.
This is the traditional loan type that dealers and finance providers offer. This is a secured loan as the value is secured against the asset (your new car). An alternative option to Hire Purchase would be a personal loan or a car leasing product.
Types of Loan we offer
- Vehicle Loan
- Auto Loan
- Used Car Loan
- Finance Car
- Four Wheeler Loan
- Areas We Serve – this loan is available in these areas – Dehradun, Vikasnagar, Mussorrie, Roorkee, Haridwar, Rishikesh, Saharanpur.
- For Salaried-employed person : 21 to 60 years. For Self-employed person : 21 to 65 years.
- Credit Score of an applicant must be good (from 700 to 900).
- For Salaried-Employed applicant, minimum income should be 25,000/month and for Self-Employed applicant minimum turnover of Rs 40 Lakh.
- It is secured loan, so there is need to submit collateral to the bank.
- It can be avail by Salaried-Employed person, Self-Employed person.
- Interest Rate of this Loan is : 9.30% – 10.25% .
- The Loan Amount for a this Loan depends on the property you will going to submit as a collateral. The other option to buy a car is Personal Loan.
- You can avail for a Personal Loan also to buy your dream car.
- Loan Tenure for this loan is up to 7 years.
Document Required
DOCUMENTS | SALARIED | SELF EMPLOYED |
---|---|---|
Photograph | Colour | Colour |
ID Proof | Pan Card/Voter ID card | Pan Card/Voter ID card |
Date of Birth proof | Pan Card/School leaving certificate/High School mark sheet | Pan Card/School leaving certificate/High School mark sheet |
Address proof | Current and Permanent | Current and Permanent |
Bank Statement | 3 Months Salary Account | 6 Months Saving/Current/CC Account |
Income Proof | 3 Months Salary Slip & Form 16 | 2 yeras financials (ITR/Computation/Balance sheet) and Business Registration Proof |
Car Papers Documents | Original copy of proforma invoice (quotation). Booking receipt. RTO Paper, Insurance etc.(in case of second hand car purchase). |
WHAT WE OFFER
Key Features of BDS Financial Services
Door Step Services & Quick Loan Sanction
Repayment of Loans – 5 to 30 Years*
No Hidden Charges
Transparent Procedures
No Prepayment Charges
Have Questions?