Car Loan

🚗 Car Loan

Owning your dream car is now easier than ever with our fast and flexible Car Loan solutions. Whether you are purchasing a new car or a used vehicle, our car loans offer competitive interest rates, quick approvals, and flexible repayment options to suit your budget and lifestyle.


✅ Key Features of Car Loan:

  • Loan Amount: Up to 100% of on-road price (for new cars)

  • Loan for: New Cars, Used Cars, Commercial Vehicles

  • Tenure: 1 year to 7 years

  • Interest Rate: Competitive and customized

  • Collateral: The vehicle itself (hypothecated)

  • Processing: Quick approval and minimal paperwork


🔹 Benefits of Car Loan:

  • Fast processing and same-day approvals in many cases

  • Low down payment options

  • Fixed and affordable EMIs

  • No need to pledge additional security—vehicle serves as collateral

  • Financing available for salaried, self-employed, and business owners.


📋 Required Documents for Car Loan:

  1. Personal KYC Documents:

    • PAN Card

    • Aadhaar Card / Passport / Driving License / Voter ID

    • Passport-size Photographs

  2. Income Proof:
    For Salaried Applicants:

    • Last 3 months’ Salary Slips

    • Latest 6 months’ Bank Statement

    • Form 16 or Income Tax Return (ITR)

    For Self-Employed Applicants:

    • Last 2–3 years Income Tax Returns (ITR)

    • Profit & Loss Statement and Balance Sheet

    • Business Registration Certificate

  3. Vehicle-Related Documents:

    • Proforma Invoice / Quotation from Authorized Car Dealer

    • Vehicle Registration Details (if applicable for used car loan)

  4. Other Documents:

    • Residence Address Proof (Utility Bill, Rent Agreement)

    • Existing Loan EMI Statements (if applicable)

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