About Car Loan

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.

We’re here to help you find the financing you need to purchase your dream car. Whether you’re buying a new or used vehicle, we offer competitive rates and flexible terms to fit your budget.

We offer both secured and unsecured car loans, with terms ranging from 12 to 72 months. Our secured loans use the vehicle you’re purchasing as collateral, while our unsecured loans are available for borrowers with good credit who don’t want to put up collateral.

Our loan process is quick and easy, with a simple online application that takes just a few minutes to complete.

Apply for loan

Get financing for whatever you need now

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

New Car Loan

It is a type of loan that is used to finance the purchase of a brand new car. When you take out a new car loan, the lender provides you with a lump sum of money to cover the cost of the car.

Used car loan

It is a type of loan that is used to finance the purchase of a pre-owned vehicle. When you take out a used car loan, the lender provides you with a lump sum of money to cover the cost of the vehicle.

Secured Car Loans

Secured car loans require you to use the vehicle you’re purchasing as collateral for the loan. Secured car loans typically offer lower interest rates than unsecured loans because the lender has the added security of the collateral.

Unsecured Car Loans

Unsecured car loans don’t require collateral, but they do typically have higher interest rates than secured loans. Unsecured car loans are typically only available to borrowers with good credit scores & a strong credit history.

Get financing for whatever you need now

Enquire Now

Features of Car Loan

Don’t let financing hold you back from owning the car of your dreams.

Competitive Interest Rates

We offer competitive interest rates that are designed to help you get the best deal possible on your car loan.

Flexible Terms

We understand that everyone’s financial situation is unique. That’s why we offer a range of loan terms that can be customized to fit your needs, ranging from 12 to 72 months.

Preapproval Options

With our preapproval options, you can shop with confidence and negotiate the best price for your new vehicle.

Easy Application Process

Our application process is quick and easy, with a simple online application that takes just a few minutes to complete.

Car Loan - Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a car loan.

Age

Minimum age of applicant should be 21, Maximum age 58 or 60 subject to retirement age

Income

You must have a regular source of income to demonstrate your ability to repay the loan. Some lenders may have a minimum income requirement.

Credit score

A higher credit score typically improves your chances of being approved for a car loan and may also result in lower interest rates.

Frequently Ask Questions

Check below questions to get more clarity about the loans.

The tenure of the loan could range from one to seven years for car loans.

Yes, but only after completion of first 6 months. Foreclosure fee varies from 3-6% of outstanding principal.

No additional security/collateral has to be provided apart from the car against which the loan is granted, which should be hypothecated to Bank.

Generally no But if your income does not meet the bank credit criteria, then you may be required to have a guarantor to stand surety for your loan.

Get a Quote

Now apply for a Car Loan online, All you need to do is provide your details below application form.