A car loan is a great way to drive your dream car without making the complete payment upfront. You don't need to wait for some more months or years to buy your dream car as you can take a car loan to meet your fund requirement.
Our car loans offer competitive interest rates starting from just 8.75% p.a. with flexible repayment tenures ranging from 1 to 7 years. Whether you're looking to buy a new car, a pre-owned vehicle, or even get a loan against your existing car, we have tailored solutions to meet your needs.
With quick approval processes and minimal documentation requirements, you can get financing approval within 24 hours in most cases. We finance up to 90% of the car's ex-showroom price for new cars and up to 75% of the valuation for used cars, making car ownership more accessible than ever.
Our car loans come with attractive features like flexible EMI options, no prepayment penalties after 6 months, and insurance bundling options. Special discounts are available for electric vehicles and hybrid cars as part of our green initiative program.
Apply for loanAchieve all your goals and aspirations; with the right kind of help, exactly when you need it.
Get financing for brand new cars with our special new car loan offers. Enjoy interest rates as low as 8.75% p.a. for loans up to ₹50 lakhs. We partner with all major automobile manufacturers to bring you exclusive deals and discounts. Financing available for up to 90% of the ex-showroom price with tenure options from 1 to 7 years.
Buy your dream pre-owned car with our attractive financing options. We offer loans for certified used cars up to 5 years old with interest rates starting from 10.25% p.a. Financing available for up to 75% of the car's valuation. Special inspection services available to ensure you get the best quality used car.
Get immediate funds by pledging your existing car as collateral. Borrow up to 60% of your car's current market value at competitive interest rates. No income documentation required in most cases, with quick disbursal within 4 hours of approval. Continue using your vehicle while availing the loan.
Special financing options for electric and hybrid vehicles with reduced interest rates (starting from 8.25% p.a.) and longer tenures (up to 8 years). Additional benefits include waived processing fees and complimentary charging station installation assistance. Be part of the green revolution with our EV-friendly loan products.
All loans are not created equal, our car loan has become a great option for people to finance their dream vehicles.
Our car loans are designed to be accessible to a wide range of customers with varying financial profiles and needs.
Minimum age: 21 years
Maximum age at loan maturity: 65 years for salaried individuals
70 years for self-employed professionals
Minimum Net Monthly Income:
₹25,000 for salaried individuals
₹35,000 for self-employed
Lower limits may apply for government employees
Minimum employment duration:
2 years total work experience
1 year with current employer for salaried
3 years in current business for self-employed
Minimum CIBIL score of 650 preferred
Special programs available for first-time borrowers
Co-applicant option for those with limited credit history
If you have a question about our car loan products, you'll likely find the answer here below.
For new cars, we finance up to 90% of the ex-showroom price or ₹50 lakhs, whichever is lower. For pre-owned cars, we finance up to 75% of the valuation amount or ₹25 lakhs. The actual loan amount approved will depend on your income, credit profile, and the vehicle's value.
The basic documents required include:
Additional documents may be requested based on your specific case.
For complete applications with all required documents, we typically provide:
We encourage responsible borrowing and early repayment:
Now apply for a Car Loan online, All you need to do is provide your details below application form.
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