Finance your dream car with competitive interest rates and flexible EMI
Amount
₹5 lakhs - ₹50 lakhs
Rate
6.5-9% p.a.
Finance a new car from dealership with minimal documentation
Amount
₹3 lakhs - ₹30 lakhs
Rate
7-10% p.a.
Purchase pre-owned vehicles with lower interest rates
Amount
₹5 lakhs - ₹50 lakhs
Rate
6-8.5% p.a.
Refinance existing car loan at lower rates
Age
18-65 years, co-applicant up to 70 years
Income
Monthly salary ₹20,000+ (salaried), ₹30,000+ (self-employed)
Employment
Minimum 6 months employment history
CIBIL Score
Minimum 650+ for approval
Vehicle Age
New or max 8-10 years old (for used cars)
Income Ratio
Car EMI ≤ 50% of monthly income
Processing Time
2-7 days after document verification
Loan-to-Value Ratio
70-90% of vehicle cost (collateral against car)
EMI Tenure
12-84 months (1-7 years)
Down Payment
10-30% of vehicle cost required
Insurance
Comprehensive insurance mandatory during loan tenure
Foreclosure Option
Repay early with minimal/no penalty
Identity proof (Aadhaar/PAN)
Address proof (utility bill/lease)
Recent salary slips (3 months)
Income tax returns (last 2 years)
Bank statements (last 6 months)
Vehicle quotation/invoice
Registration documents
Insurance policy copy