☰
New Car Loan

New Car Loan is your gateway to driving home your dream car without the financial stress of paying the full price upfront. Whether you’ve had your eye on a sleek sedan, a powerful SUV, or a stylish sports car, this loan lets you experience luxury and performance while keeping your payments manageable.

Apply Now
Loan Image

Acceptance Criteria

Check Eligibility Now
  • All the individual borrowers/professionals/reputed firms/companies.
  • Individuals
    • Salaried Individuals Minimum gross salary of Rs 3.00 Lakh p.a.
    • Other than Salaried Individuals Minimum gross annual income of Rs.3.00 Lakh p.a. as per latest ITR/ITAO subject to 3 years Gross Average Annual Income of not less than Rs. 2.50 Lakh.
  • Corporates

    With subject to the satisfactory credit worthiness in respect of firms/companies by their net worth, repaying capacity, etc.

Loan Amount Offer
Loan Amount Offer : 1 crore
Rate of Interest(%)
Minimum ROI Start From : 9.50 % P.A. Maximum ROI : 16.00 % P.A.
Tenure
Minimum Tenures : 3 Year Maximum Tenure : 7 Years
Documents Required for Loan
Individual & Self Employed Company Pvt. Ltd. & Public Ltd.
Applicant KYC: PAN Card, Aadhaar Card Director & Partners KYC: PAN Card, Aadhaar Card, Voter ID
Co-Applicant KYC: PAN Card, Aadhaar Card, Voter ID (if required) Company Certificates: CRC Certificate, TAN Certificate, Company PAN Card, Directors DIN Certificate, Board Resolutions, Shareholding Pattern, Partnership Deed
Income Proof: Last 2 years financial return, GST Return (3RB) Income Proof: Last 2 years financial return, GST return of company
Residence Proof: Aadhaar Card, Election Commission Card, Driving License, Gas Receipt, Passport, Rent Agreement (Any One) Residence Proof: Aadhaar Card, Election Commission Card, Driving License, Gas Receipt, Passport, Rent Agreement (Any One)
Banking: Last 1 year bank statement (Current/Savings Account), any one  Banking: Last 1 year bank statement (Current Account)
Photograph: Live photo Photograph: Live photo
Business Proof: Trade License, Shop Act, GSTN Certificate, Food License, Business License, MSME Certificate, etc. Business Proof: Trade License, Shop Act, GSTN Certificate, Food License, Business License, MSME Certificate, etc.
Golden Features and Benifits
  • No upper limit in Vehicle loan quantum.
  • Upto 90% financing for new vehicle.
  • Minimal processing charges.
  • Lower Rate of Interest.
  • Reducing Balance Interest Rate.
  • No pre-payment penalty.
  • Quick Vehicle loan approval & disbursement.
  • Avail Loan to buy Pre-Owned Vehicle.