Car Loans up to ₹50 Lakhs

Get 100% on-road car financing with instant approval and flexible repayment options

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100% Funding

On-road price covered

On-road price covered

Quick Approval

Within 24 hours

Low Interest

Starting at 8.5% p.a.

Flexible Tenure

Up to 8 years

Car Loan EMI Calculator

1L 50L
8.5% 18%
1 8
₹0

Total Interest Payable: ₹0

Total Payment: ₹0

Car Loan Benefits

New & Used Cars

Finance up to 100% of ex-showroom price

Same Day Approval

Quick processing with minimal documents

Zero Foreclosure

No charges for early loan closure

Frequently Asked Questions

To be eligible for a car loan, you should be between 21-65 years of age, have a minimum monthly income of ₹25,000, and a good credit score. Both salaried and self-employed individuals can apply.
You'll need KYC documents (PAN, Aadhaar), income proof (salary slips/bank statements), address proof, and car quotation from the dealer. Additional documents may be required based on your employment type.
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The approval process typically takes 24-48 hours after document submission. Once approved, the loan amount is usually disbursed within 72 hours, depending on the bank's processing time.
Yes, you can get a loan for both new and used cars. For used cars, the loan amount is typically up to 80% of the car's value, and the car should not be more than 5 years old.
You can get a car loan ranging from ₹1 lakh to ₹50 lakhs, depending on your income, credit score, and the car's value. The exact amount will be determined after evaluating your profile.
Interest rates start from 8.5% p.a. and can go up to 18% p.a., depending on your credit score, loan amount, and tenure. The final rate will be determined after evaluating your application.
Yes, you can prepay your car loan after paying a minimum of 12 EMIs. Some banks may charge a prepayment penalty of 2-5% on the outstanding amount. However, many banks offer penalty-free prepayment options.