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Car Loan
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Car Loans at 8.70% p.a. for new & used cars

Finance up to 100% of your on-road price with fast approval and flexible tenure — for both new and pre-owned cars.

6,200+
Car Loans Facilitated
8.70%
Interest Rate p.a. onwards
100%
On-Road Price Financed
7 Yrs
Maximum Tenure
Why Choose Us

Everything You Need for a Car Loan

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New & Used Cars

Financing available for both brand-new and pre-owned vehicles.

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Up to 100% Funding

Cover the full on-road price, including registration and insurance.

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Same-Day Approval

Quick in-principle approval so you can finalise your car faster.

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50+ Lenders

Compare rates across leading banks and NBFCs.

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Flexible Tenure

Repay over 12 to 84 months based on your budget.

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Easy Refinance

Refinance your existing car loan for a lower EMI.

Requirements

Eligibility & Documents

✅ Eligibility Criteria

  • Age 21–65 years
  • Minimum monthly income of ₹20,000 (salaried) or equivalent ITR (self-employed)
  • CIBIL score of 700 or above preferred
  • Minimum 1–2 years of work experience
  • Valid driving license (for the applicant or co-applicant)

📄 Documents Required

  • PAN Card & Aadhaar Card
  • Latest 3 months' salary slips / last 2 years ITR (self-employed)
  • Bank statements for the last 6 months
  • Car quotation / proforma invoice from the dealer
  • Passport-size photographs
Our Partners

50+ Banks & NBFCs

Bank and NBFC lending partners of CibilBazaar
FAQs

Frequently Asked Questions

Can I get a loan for a used car?
Yes, most lenders finance pre-owned cars up to a certain age (typically under 8–10 years), usually at a slightly higher interest rate than new car loans.
How much of the car price is financed?
Depending on the lender and your profile, you can get financing for up to 100% of the on-road price, including registration and insurance.
What is the maximum tenure?
Car loan tenures typically range from 1 to 7 years, letting you balance a comfortable EMI with total interest paid.
Is a down payment required?
For new cars, some lenders offer 100% funding with no down payment; for used cars, a down payment of 10–20% is common.

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