The keys, sooner.
Vehicle loans are secured against the vehicle, which keeps rates well below unsecured borrowing. New cars price best; used vehicles carry a premium that widens with age.
- Loan amount
- ₹50K – ₹1Cr
- Indicative rate
- 8.75% – 16% p.a.
- Tenure
- 1 – 7 years
- Funding
- Up to 90–100% on-road
Indicative ranges across partner lenders, not an offer of credit. Your rate and limit are set by the lending partner on the basis of your profile.
Partner lenders
- HDFC Credila
- Avanse
- Auxilo
- InCred
- Axis Bank
- ICICI Bank
- Union Bank
- Tata Capital
What we can help arrange
- New car loans
- Used car loans
- Two-wheeler loans
- Commercial vehicle finance
- Refinance of an existing vehicle loan
Who can apply
- Salaried professionals, self-employed individuals and business owners
- Typically aged between 21 and 65 at loan maturity
- Minimum income thresholds that vary by lender and vehicle
- A valid driving licence for the applicant or a co-applicant
- Final criteria are set by each lending partner
Documents usually requested
- KYC for the applicant
- Income proof: salary slips or filed returns
- Three to six months of bank statements
- Vehicle quotation or proforma invoice
- Registration and valuation report, for used vehicles
Plan ahead
What would this cost per month?
Opens on figures typical for auto loans. Move the sliders to match your own situation.
Estimated monthly instalment
₹18,902
- Principal
- ₹9,00,000
- Total interest
- ₹2,34,101
- Total payable
- ₹11,34,101
Indicative estimate on a reducing-balance basis. It excludes processing fees, insurance and any moratorium interest. Your actual rate and instalment are set by the lending partner.
Questions
Auto loans, explained.
Why do used car loans cost more?
The security depreciates faster and is harder to value, so lenders price in more risk, cap the tenure, and fund a smaller share of the valuation than on a new vehicle.
Can the on-road price be fully financed?
Some lenders fund up to the full on-road price for strong profiles, but most finance the ex-showroom price and expect you to cover insurance and registration.
Other ways we can help
- Explore
Education Loans
One application puts your profile in front of multiple education lenders, so you can weigh secured against unsecured, and rate against repayment, before you commit to anything.
- Explore
Personal Loans
Medical bills, a wedding, a renovation, consolidating costlier debt. A personal loan is unsecured, so approval rests on your income and credit history rather than on security.
- Explore
Study Abroad Finance
Studying abroad adds moving parts: currency, visa timelines, proof of funds. We help you line up a lender whose disbursement schedule fits the dates your university and consulate actually work to.
See what you qualify for.
A few questions, no paperwork to start, and no obligation to proceed.