A Car Loan is a loan taken for purchasing new Car, Used Car or as a Car refinance
on existing Car.
If you are planning to buy a new car we will take care of Car Loan and assistance
Features & Our Assistance
- Avail up to 85% of the cost of the vehicle
- Tenor - Ranging from 12 to 60 months (depending
- Quick and speedy processing.
- Repayment through convenient EMI’s
- Minimum / hassle free documentation
Car Loan Types
If you want to avail a new car you can take a new car loan
Owning a used car can be a simple, easy and reliable experience. You can get up
to 90% funding of the car value.
Avail this loan by pledging your existing car which is free from any loan / hypothecation
Take over of your existing car loan and generate cash*
It’s a loan taken over from the bank where the foreclosure amount is lesser than
what other Bank actually funds on the asset. That’s how you generate cash and you
can get more than 100% finance.
Applicable Interest Rate
Currently, rate of interest on Car Loan starts at as low as 8.50%.
- Submission of complete application form with photograph
- Submission of all required documents.
- Internal verifications.
- Personal interview with a bank official.
- Sanction of the Loan
- Collection of pre-disbursement documents
- Loan disbursement