CAR LOAN APPLICATION FORM - Loan Account No - BROCHURE FOR CAR LOAN

Sep 19, 2026

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Delta Brac Housing Finance Corporation Ltd. provides a car loan for purchasing brand new or reconditioned vehicles for personal use, subject to terms and eligibility. The brochure explains key fees, including processing and documentation fees, refund conditions, and that loan-related fees are subject to 15% VAT. It outlines maximum loan amount and duration (up to 80% of vehicle value for up to 84 months), repayment via EMI, EMI due dates after disbursement, acceptable vehicle age, early repayment options, and required documents.

LanguageEnglish

CategoryForms

FormatPDF

Pages8

Reading Time3 min

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CAR LOAN APPLICATION FORM

What is the maximum amount and duration of Car Loan can borrow?

How will DBH decide the loan amount I am eligible for?

What type of vehicle I can purchase with DBH car loan?

How do I make an application?

Can I repay my loan ahead of schedule?

What is the rate of the interest that will be charged on my loan?

DOCUMENTS REQUIRED FOR A CAR LOAN

DELTA BRAC HOUSING FINANCECORPORATION LTD. # CAR LOAN APPLICATION FORM Loan Account No: | | | | | | | | | | | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | Customer Name: # BROCHURE FOR CAR LOAN DBH Car Loan can be provided for purchasing a brand new orreconditioned vehicle for personal use. reserves the right to change/vary the rate of interest both upwardand downward prospectively from time to time. What are the Fees payable and when are these payable? ## What is the maximum amount and duration of Car Loan canborrow? You have to pay the Processing Fee at the time of the loanapplication.This fee is in respect of cost incidental to theprocessing of the loan application.If the loan is not sanctioned forany reason except concealment or misrepresentation of facts,then the processing fees will be refunded.But if the loan issanctioned as requested,but you decide not to avail of the loan,then processing fees will not be refunded.Upon successfulsanction of the loan application,Documentation fees are payablebefore disbursement of your loan. DBH provides Car Loan up to 80%of the vehicle value for amaximum duration of 84 months. ## How will DBH decide the loan amountlam eligible for? Subject to the maximum loan limit mentioned above,yourrepayment capacity as assessed by DBH wll determine the loanamount you can borrow.Repayment Capacity is determined bythe factors such as your income,age,qualifications,number ofdependents,spouse's income,assets,liabilities,stability,andcontinuity of occupation,and savings history.While providing aLoan,DBH wants to ensure that you can comfortably and regularlyrepay the loan amount you borrow. Please contact the DBH office to know currently applicableprocessing and document fees for DBH Car Loan.Payment of allfees must be made through "A/C Payee"cheques in favor of DeltaBrac Housing Finance Corporation Ltd.Loan-related fees aresubject to 15%VAT ## What type of vehicle l can purchase with DBH car loan? How dol repay the loan? Either brand new vehicle or reconditioned vehicle but not morethan 6-year old from date of manufacturing can be purchased withDBH Car Loan. You willrepay DBH Car Loan on a regular monthly basis,throughEquated Monthly Installments(EMI).The repayment of the loanthrough EMI willcommence from the date of disbursement of theloan and the monthly instalments willbe due on the same date offollowing months. ## How dolmake an application? Please complete the prescribed Application Form and submit italong with supporting documents.On receipt of the completedapplication form along with the processing fees,DBH will processyour application,make such inquiries as it deems necessary andconvey its decision to you at the earliest. ## Can I repay my loan ahead of schedule? You can repay the outstanding loan ahead of schedule,either inpart or full.Please contact any of our offices for the details termsand conditions for early payment. ## What is the rate of the interest that will be charged on my loan? In what form can lmake payment to DBH? Interest rate of DBH Car Loan may change from time to time.Please contact any of the DBH offices or visit our website to knowthe currently applicable Interest Rates for DBH Car Loan.Intereston DBH Car Loan is calculated using the Reducing Balance Methodon the diminishing balance of Principal Loan Amount. All kinds of payments for fees,charges,interest,and EMI's shouldbe made by MICR Cheque,marked "A/C Payee Only"drawn on anonline bank,by electronic fund transfer,by pay order,or bydemand draft drawn in favor of "Delta Brac Housing FinanceCorporation Limited". Is the rate of the interest fixed for the entire duration of the loan? Are these rules subject to change? We offer Car Loan under the Adjustable Rate Loan(ARL)scheme,depending on the change in mon

FAQs

What is the maximum amount and duration for DBH car loan?

DBH provides car loans up to 80% of the vehicle value with a maximum duration of 84 months.

When are processing and documentation fees payable, and are processing fees refundable?

Processing fees are payable at the time of the loan application. If the loan is not sanctioned for reasons other than concealment or misrepresentation, processing fees are refunded; documentation fees are payable before disbursement after successful sanction.

How is the loan repaid and when do EMI installments start?

The loan is repaid monthly through Equated Monthly Installments (EMI). EMI repayment commences from the date of disbursement, with installments due on the same date of following months.

Sep 19, 2026

Upload by Fahsai