Car Loan Services
Drive your dream car with quick approvals and flexible repayment options. We help you find the best car financing for new and used vehicles.
Features & Benefits
Immediate Funds
Access funds quickly with fast processing and minimal documentation.
Flexible Tenures
Choose loan tenures that fit your repayment capacity and budget.
Fixed Interest Rates
Lock in competitive fixed interest rates for predictable monthly payments.
New & Used Cars
Financing available for both brand-new vehicles and pre-owned cars.
Ownership from Day One
The car is yours from the moment of purchase - no waiting period.
EMI Calculator
An EMI calculator helps you estimate the monthly installments for your Car Loan. Plan your finances better before finalizing.
Eligibility & Documentation
Eligibility Criteria
- Age: 21 to 60 years at end of loan tenure
- Minimum 2 years work experience
- At least 1 year with current employer
- Minimum earning of Rs. 3,00,000 per year (including spouse/co-applicant)
- Good credit score (650 or above)
Required Documents
- KYC documents (Valid Photo ID Proofs)
- PAN Card
- Last 2 years ITR as proof of income
- Salary Slip (latest 3 months)
- Salary account statement (latest 6 months)
- Signature Verification Proof
Fees & Charges
| Particulars | Charges |
|---|---|
| Loan Processing Fees | 1.5% to 4% of loan amount |
| Loan Cancellation | Usually around Rs 5,000 |
| Stamp Duty Charges | As per actuals |
| Legal Fees | As per actuals |
| Penal Charges | Usually @ 2% per month; 24% p.a. |
| EMI / Cheque Bounce Charges | Around Rs 400 per bounce |
Other fees and charges that lenders may levy on your car loan include documentation charges, verification charges, duplicate statement charges, NOC certificate charges and swap.