All you need to do is use our Car Loan Calculator, select your car, and select the bank you would like to hear from. We’ll have them call you.
Of course you can. Please see the Car Loan Eligibility Criteria (hyper link to section)
That depends on your total monthly income and if you are availing any other loan facilities from any bank. Most banks will finance up to 85% of your car value. However this will vary from bank to bank and the type of vehicle.
The period of your car loan can range from 1 year to 7 years.
Your initial payment includes the following;
Your contribution towards the value of the car
1st year insurance premium
Typically you have to pay up one or more of the following charges depending on whether you are taking a Car Loan on a new or a used car:
All banks have relationships with insurance companies to provide special rates to their customers.
The Car Loan is paid through regular monthly payments for the duration / tenure you have opted for.
Yes, this is called Early Settlement. Usually the bank will charge you some percentage interest / profit for early settlement.
These documents are listed on our Documentation section.
The first year insurance premium is taken upfront and the 2nd year insurance is taken in 12 equal installments starting from the first month.
Trackers are used by banks to protect the car against theft, some bank use this to restrict movement of the vehicles to certain high risk areas.
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