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Car Loan

Drive your dream car today! Get instant car loan approval with up to 90% funding at attractive interest rates.

8.5% Interest Rate
90% Funding
7 Years Tenure

Why Choose Our Car Loan?

Flexible and affordable car financing solutions

🚙
New & Used Cars
Finance any car of your choice
💰
Up to 90% Funding
Minimal down payment required
Quick Approval
Get approval in 48 hours
📋
Simple Documentation
Hassle-free process
🔄
Flexible Tenure
12 to 84 months
🏦
Top Bank Tie-ups
Best rates from leading banks

Car Loan Details

💸 Interest Rate & Charges

Interest Rate 8.5% - 12% p.a.
Processing Fee ₹2,000 - ₹5,000
Prepayment Charges 2% - 4% of outstanding
Late Payment Fee ₹500 per installment

📊 Loan Amount & Tenure

Minimum Amount ₹1,00,000
Maximum Amount ₹1,00,00,000
Minimum Tenure 12 months (1 year)
Maximum Tenure 84 months (7 years)

Types of Cars You Can Finance

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Hatchback

Compact & fuel-efficient cars

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Sedan

Comfortable family cars

🚐

SUV

Spacious & powerful vehicles

🏎️

Luxury Cars

Premium & high-end vehicles

Eligibility Criteria

Check if you qualify for a car loan

👔 For Salaried Individuals

  • Age: 21 to 65 years
  • Income: Minimum ₹3 lakh per annum
  • Employment: Minimum 1 year in current job
  • Work Experience: Minimum 2 years total
  • Credit Score: 650 or above

💼 For Self-Employed Individuals

  • Age: 25 to 70 years
  • Income: Minimum ₹4 lakh per annum
  • Business Vintage: Minimum 2 years
  • ITR Filing: Last 2 years mandatory
  • Credit Score: 650 or above

Documents Required

Keep these documents ready for quick processing

📄 Identity & Address Proof

  • Aadhaar Card
  • PAN Card
  • Passport
  • Driving License
  • Voter ID

💵 Income Proof

  • Last 3 months salary slips
  • 6 months bank statement
  • Form 16 / ITR
  • Employment proof
  • Business documents (self-employed)

🚗 Car Documents

  • Proforma invoice from dealer
  • RC copy (for used cars)
  • Insurance copy
  • Quotation from dealer
  • Car registration papers

How to Apply?

Get your car loan in 4 simple steps

1

Choose Your Car

Select the car you want to purchase

2

Apply Online

Fill application & upload documents

3

Get Approval

Receive approval within 48 hours

4

Drive Your Car

Complete formalities & take delivery

Frequently Asked Questions

Can I get a loan for a used car?

Yes, we provide car loans for both new and used cars. The interest rate may vary slightly for used cars depending on the age and condition of the vehicle.

What is the minimum down payment required?

Typically, you need to pay 10-20% of the car's on-road price as down payment. We finance up to 90% of the car's value.

How long does the loan approval take?

Once you submit all required documents, the loan is typically approved within 48 hours. Disbursal happens within 3-5 working days.

Can I prepay my car loan?

Yes, you can prepay your car loan after 6 months. Prepayment charges of 2-4% may apply depending on the lender.

Do I need a co-applicant for a car loan?

A co-applicant is not mandatory but can improve your chances of approval and may help you get a higher loan amount.

Ready to Drive Your Dream Car?

Apply now and get instant approval for your car loan

Apply Now →