Car Loan Online | Car Loan Eligibility Check | Free CIBIL Score & Best Rates Online by fynnedge

Benefits

Fastest delivery promised.
Low interest rate.
Fast processing
Expert Guidelines

Choose a Car Loan That Suits Your Needs

Purchasing a car can be expensive, and sometimes, it is not practical to pay in one go. With a car loan, you can break the cost of the vehicle into monthly payments if needed. You can avail car financing services whether you are buying a new or used car.

● Different financing options are available for new and used cars

● Flexible repayment methods are available

● Easy and fast application process

Immediate Car Loan

A car loan instantly provides the required money to buy a new car.

FynnEdge will help you to evaluate various options for a car loan as per your income, the car’s value, and your financial standing.

FynnEdge compares and offers you various car loan options for new and used cars.

There are various factors affecting the availability of car loan amounts and terms, like income of the customer, customer’s credit score, the car's value, and the lender’s policies.

Features of the Loan

● Financing is available for both new and used cars

● Multiple lenders’ options are available for customers

● Easy lending process

Car Loan Eligibility at a Glance

Different lenders may have different car loan eligibility requirements. However, generally speaking, the following criteria must be met to be eligible for the loan:

● Salaried employees or self-employed persons with steady income

● Age as per the lender’s requirement

● Sufficient income to pay the EMI

● An approved credit history

● Existing financial liabilities to be within limits

The lender decides the eligibility and terms of the loan after going through the profile.

Required Documents

Depending on the lender and unique applicant profile, you will have to submit:

● PAN Card

● Address Proof

● Identity Proof

● Income Proof

● Bank Statements

● Passport-sized photographs

● Quotation or invoice of the car

● Other documents if needed by the lender

How it Works

1. Check Eligibility: Provide the required information to check which loan options are available to you.

2. Choose Lender: Find out all lenders who offer loans based on interest rates, tenure, loan amount and other features

3. Apply for a Loan: Select any of the options and complete your application online.

4. Submit the Required Papers: This means you will have to provide the documents needed by the lender.

5. Hear the Decision about the Loan: This is the final stage when the lender has analyzed the financial documents and approved the lending request.

Car Loan EMI Calculator

Using it, you can calculate how much money you will have to pay to pay off your loan. You will need to provide the loan amount, interest rate for the loan and your payment timeline.

What is the Monthly EMI?

The amount you have to pay each month depends on various factors.

What is Total Interest?

This is the amount of interest on your loan.

What is Total Payment?

Total payment is both the principal and interest that need to be paid back.

You can approach lenders directly. So, why consider FynnEdge for your car loan ?

01 — Compare Multiple Loan Options

Instead of approaching lenders one by one, you can share your details and explore suitable options through a single platform.

02 — Understand Your Eligibility

Get a clearer idea of the eligibility requirements before proceeding with a car loan application.

03 — Convenient Online Process

From checking your options to submitting your application, the process can be completed online, making it easier to manage from anywhere.

04 — Use Helpful Financial Tools

Use the available EMI and credit-related tools to plan your borrowing and understand your potential repayments before making a decision.

05 — Get Guidance Along the Way

FynnEdge helps you understand different loan options, repayment terms and lender requirements so you can make a more informed choice.

06 — Transparent Process

You can compare available options and understand applicable lender charges before proceeding. Any fees charged by a lender are communicated according to the lender's monthlyterms..

Key features

Funding for new and used cars
Competitive interest rates
Fast approval turnaround

Eligibility at a glance

A general guide — the exact criteria vary by lender and are checked precisely when you apply.

— Salaried or self-employed with a regular income
— Minimum age as per lender policy
— Reasonable existing obligations relative to income

Documents you'll need

PAN Card Address Proof Income Proof Bank Statements (last 3 months) Vehicle Quotation/Invoice

How it works

1 Check eligibility
2 Compare lenders
3 Apply online
4 Upload documents
5 Get sanctioned

Car Loan EMI calculator

Estimate your monthly instalment and see the full year-by-year principal and interest breakdown.

Loan amount

₹

Maximum loan amount: ₹1,00,00,000

Interest rate (p.a.)

Lenders' published rates for Car Loan: 7.55%–26.00% p.a..

Tenure

years

Maximum tenure: 8 years (96 months)

Monthly EMI

₹16,049

Total interest

₹1,62,962

Total payment

₹9,62,962

Indicative only — your actual EMI depends on the lender's exact rate and terms at sanction.

Principal vs. interest

Principal 83.1%
Interest 16.9%

Principal & interest paid per year

2026

2027

2028

2029

2030

Time on the x-axis, amount repaid on the y-axis — early on leans toward interest, later on toward principal.

Full breakdown, starting this month

Assumes your first EMI falls this month — click a period to see every month within it.

Period Principal paid Interest paid Total paid

Nov 2026 – Oct 2027 Principal paid₹1,36,864 Interest paid₹55,728 Total paid₹1,92,592

Month	Principal paid	Interest paid	Total paid	Balance remaining
Nov 2026	₹11,016	₹5,033	₹16,049	₹7,88,984
Dec 2026	₹11,085	₹4,964	₹16,049	₹7,77,899
Jan 2027	₹11,155	₹4,894	₹16,049	₹7,66,744
Feb 2027	₹11,225	₹4,824	₹16,049	₹7,55,518
Mar 2027	₹11,296	₹4,753	₹16,049	₹7,44,222
Apr 2027	₹11,367	₹4,682	₹16,049	₹7,32,855
May 2027	₹11,438	₹4,611	₹16,049	₹7,21,417
Jun 2027	₹11,510	₹4,539	₹16,049	₹7,09,906
Jul 2027	₹11,583	₹4,466	₹16,049	₹6,98,324
Aug 2027	₹11,656	₹4,394	₹16,049	₹6,86,668
Sep 2027	₹11,729	₹4,320	₹16,049	₹6,74,939
Oct 2027	₹11,803	₹4,246	₹16,049	₹6,63,136

Nov 2027 – Oct 2028 Principal paid₹1,47,563 Interest paid₹45,030 Total paid₹1,92,592

Month	Principal paid	Interest paid	Total paid	Balance remaining
Nov 2027	₹11,877	₹4,172	₹16,049	₹6,51,259
Dec 2027	₹11,952	₹4,098	₹16,049	₹6,39,307
Jan 2028	₹12,027	₹4,022	₹16,049	₹6,27,280
Feb 2028	₹12,103	₹3,947	₹16,049	₹6,15,177
Mar 2028	₹12,179	₹3,870	₹16,049	₹6,02,998
Apr 2028	₹12,256	₹3,794	₹16,049	₹5,90,743
May 2028	₹12,333	₹3,717	₹16,049	₹5,78,410
Jun 2028	₹12,410	₹3,639	₹16,049	₹5,66,000
Jul 2028	₹12,488	₹3,561	₹16,049	₹5,53,512
Aug 2028	₹12,567	₹3,483	₹16,049	₹5,40,945
Sep 2028	₹12,646	₹3,403	₹16,049	₹5,28,299
Oct 2028	₹12,725	₹3,324	₹16,049	₹5,15,573

Nov 2028 – Oct 2029 Principal paid₹1,59,097 Interest paid₹33,495 Total paid₹1,92,592

Month	Principal paid	Interest paid	Total paid	Balance remaining
Nov 2028	₹12,806	₹3,244	₹16,049	₹5,02,768
Dec 2028	₹12,886	₹3,163	₹16,049	₹4,89,882
Jan 2029	₹12,967	₹3,082	₹16,049	₹4,76,914
Feb 2029	₹13,049	₹3,001	₹16,049	₹4,63,866
Mar 2029	₹13,131	₹2,918	₹16,049	₹4,50,735
Apr 2029	₹13,214	₹2,836	₹16,049	₹4,37,521
May 2029	₹13,297	₹2,753	₹16,049	₹4,24,225
Jun 2029	₹13,380	₹2,669	₹16,049	₹4,10,844
Jul 2029	₹13,464	₹2,585	₹16,049	₹3,97,380
Aug 2029	₹13,549	₹2,500	₹16,049	₹3,83,831
Sep 2029	₹13,634	₹2,415	₹16,049	₹3,70,196
Oct 2029	₹13,720	₹2,329	₹16,049	₹3,56,476

Nov 2029 – Oct 2030 Principal paid₹1,71,534 Interest paid₹21,059 Total paid₹1,92,592

Month	Principal paid	Interest paid	Total paid	Balance remaining
Nov 2029	₹13,807	₹2,243	₹16,049	₹3,42,669
Dec 2029	₹13,893	₹2,156	₹16,049	₹3,28,776
Jan 2030	₹13,981	₹2,069	₹16,049	₹3,14,795
Feb 2030	₹14,069	₹1,981	₹16,049	₹3,00,726
Mar 2030	₹14,157	₹1,892	₹16,049	₹2,86,569
Apr 2030	₹14,246	₹1,803	₹16,049	₹2,72,323
May 2030	₹14,336	₹1,713	₹16,049	₹2,57,987
Jun 2030	₹14,426	₹1,623	₹16,049	₹2,43,561
Jul 2030	₹14,517	₹1,532	₹16,049	₹2,29,044
Aug 2030	₹14,608	₹1,441	₹16,049	₹2,14,435
Sep 2030	₹14,700	₹1,349	₹16,049	₹1,99,735
Oct 2030	₹14,793	₹1,257	₹16,049	₹1,84,942

Nov 2030 – Oct 2031 Principal paid₹1,84,942 Interest paid₹7,650 Total paid₹1,92,593

Month	Principal paid	Interest paid	Total paid	Balance remaining
Nov 2030	₹14,886	₹1,164	₹16,049	₹1,70,057
Dec 2030	₹14,979	₹1,070	₹16,049	₹1,55,077
Jan 2031	₹15,074	₹976	₹16,049	₹1,40,003
Feb 2031	₹15,169	₹881	₹16,049	₹1,24,835
Mar 2031	₹15,264	₹785	₹16,049	₹1,09,571
Apr 2031	₹15,360	₹689	₹16,049	₹94,211
May 2031	₹15,457	₹593	₹16,049	₹78,754
Jun 2031	₹15,554	₹496	₹16,049	₹63,201
Jul 2031	₹15,652	₹398	₹16,049	₹47,549
Aug 2031	₹15,750	₹299	₹16,049	₹31,799
Sep 2031	₹15,849	₹200	₹16,049	₹15,949
Oct 2031	₹15,949	₹100	₹16,050	₹0

Balance remaining after the last month of each period shown above.

Lenders offering this product

Compare lenders side by side

Tick up to 4 lenders to compare them head to head, or apply with any lender directly.

Lenders compared: 39
Rates from: 7.55% p.a.
Loan up to: ₹10 Crore
Tenure up to: 10 yrs

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— pick at least one more to compare. — showing only your picks.

Lender	Interest rate	Loan amount	Tenure	Processing fee	Eligibility	Apply
Compare Indian Bank Indian Bank Bank Lowest rate	Interest rate 7.55% – 8.85% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹5 Crore	Tenure 1–7 yrs	Processing fee ₹1,200 + GST Fee details IB Vehicle Loan (new car): flat Rs1,200 + GST (w.e.f. 17.11.2025). ROI 7.55-8.85%; Eco Vahan 7.55-8.75%; used car 9.55-11.65% (PF 1% max Rs10,000, max 72 months)	Eligibility Age 18–70 yrs Min. income ₹25,000/mo Salaried or Self-employed	Apply Now
Compare Bank of Maharashtra Bank of Maharashtra Bank	Interest rate 7.70% – 12.00% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹1,000–₹15,000 + GST Fee details Maha Super Car Loan: PF 0.25% min Rs1,000 max Rs15,000 +GST (nil for EVs; service-charge page). ROI RLLR-0.60% = 7.45% (CIBIL 800+ salaried) to 10.65% (<600), non-salaried higher, page range 7.45-12.00%; 0.25% concession for HL/corporate salary customers	Eligibility Age 18–70 yrs Min. income ₹25,000/mo 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare UCO Bank UCO Bank Bank	Interest rate 7.70% – 10.25% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹1,000–₹1,500 + GST Fee details 1% of loan amt, max Rs1,500; festive 100% waiver of processing & documentation on car loans. New car 8.35% (w.e.f. 17.08.2026); pre-owned 9.15% (certified dealer, max Rs15 lakh) to 9.65% (max Rs5 lakh, 60 months)	Eligibility Age 21–70 yrs Min. income ₹0/mo Salaried or Self-employed	Apply Now
Compare Canara Bank Canara Bank Bank	Interest rate 7.80% – 10.95% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹1,000–₹5,000 + GST Fee details 0.25% (min ₹1,000, max ₹5,000) + GST; 50% waiver 01-Jul to 30-Sep-2026; new cars RLLR-linked 7.50–10.70% (EV from 7.45%); used cars up to 60M, max ₹50L; no upper limit for new vehicles	Eligibility Age 21–70 yrs Min. income ₹25,000/mo Salaried or Self-employed	Apply Now
Compare Bank of Baroda Bank of Baroda Bank	Interest rate 7.85% – 11.55% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹3 Crore	Tenure 1–7 yrs	Processing fee ₹500–₹2,000 + GST Fee details Flat ₹1,500 + GST (≤₹10L), ₹2,000 + GST (>₹10L); ₹500 + GST for govt/PSU employees; nil under Baroda Direct/Yoddha; floating BRLLR − 0.30% to BRLLR+SP + 3.15%, fixed 8.50–11.20%	Eligibility Age 21–70 yrs Min. income ₹0/mo Credit score 701+ Salaried or Self-employed	Apply Now
Compare Federal Bank Federal Bank Bank	Interest rate 7.85% – 9.00% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹500–₹100,000 + GST Fee details New car fixed 7.90%-9.00%; used car / loan against car 10.15%-14.00% (used tenure up to 60 months); PF not published; take-home Rs 20k after EMIs	Eligibility Age 21–65 yrs Min. income ₹20,000/mo Salaried or Self-employed	Apply Now
Compare Indian Overseas Bank Indian Overseas Bank Bank	Interest rate 7.85% – 8.85% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹500–₹5,000 + GST Fee details processing charges as applicable, fully waived for electric vehicles; up to 90% of cost; 2 yrs service/business; Pushpaka PF 0.50% min Rs500 max Rs5,000 (charge schedule)	Eligibility Age 18–70 yrs Min. income ₹8,000/mo 24+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Punjab & Sind Bank Punjab & Sind Bank Bank	Interest rate 7.85% – 14.30% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹1,000–₹15,000 + GST Fee details PSB Apna Vahan 4W: 0.25% of loan amt, min Rs1,000 max Rs15,000 + GST; pre-owned 0.35% min Rs1,000 max Rs25,000. ROI new 4W 7.60% (825+) to 14.05% (<650), E-Apna Vahan STP from 7.55% (min CIBIL 700); pre-owned 9.75-16.00% (max Rs75 lakh, 60 months)	Eligibility Age 18–70 yrs Min. income ₹0/mo Credit score 700+ Salaried or Self-employed	Apply Now
Compare Central Bank of India Central Bank of India Bank	Interest rate 7.90% – 9.55% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹2 Crore	Tenure 1–7 yrs	Processing fee ₹2,000–₹20,000 + GST Fee details Cent Vehicle 4W: 0.50% min Rs2,000 max Rs20,000 + GST - full waiver till 31.12.2026. ROI RBLR-0.60% to RBLR+1.05% (7.65-9.30%) by CIC score; co-borrower needed above age 60	Eligibility Age 18–65 yrs Min. income ₹25,000/mo Credit score 700+ Salaried or Self-employed	Apply Now
Compare Punjab National Bank Punjab National Bank Bank	Interest rate 7.90% – 9.95% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹1,000–₹1,500 + GST Fee details 0.25% (min ₹1,000, max ₹1,500) excl. GST; no documentation charge; CIBIL-tiered (750+: 7.60–8.70%); margin 10–15% on-road	Eligibility Age 21–70 yrs Min. income ₹25,000/mo Credit score 681+ Salaried or Self-employed	Apply Now
Compare ICICI Bank ICICI Bank Bank	Interest rate 8.40% p.a. onwards Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹2,000–₹8,500 + GST Fee details New car PF up to ₹8,500 + GST; up to 100% on-road funding	Eligibility Age 21–65 yrs Min. income ₹25,000/mo Salaried or Self-employed	Apply Now
Compare State Bank of India State Bank of India Bank	Interest rate 8.40% – 9.35% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹500–₹1,500 + GST Fee details Flat ₹500 (≤₹5L), ₹1,000 (₹5–10L), ₹1,500 (>₹10L) + GST for salaried; up to 100% on-road funding; no foreclosure charge after 2 yrs	Eligibility Age 21–70 yrs Min. income ₹25,000/mo Credit score 700+ Salaried or Self-employed	Apply Now
Compare City Union Bank City Union Bank Bank	Interest rate 8.45% – 9.95% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–5 yrs	Processing fee ₹750–₹125,000 + GST Fee details EBLR + 4.75 (<3 yrs) / +5.00 (3-4 yrs) / +5.25 (4-5 yrs); PF 1.25% min Rs 750	Eligibility Age 21–60 yrs Min. income ₹15,000/mo Salaried or Self-employed	Apply Now
Compare Axis Bank Axis Bank Bank	Interest rate 8.80% – 11.70% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹3,500–₹12,000 + GST Fee details Up to 2% of loan + GST; documentation ₹700 + GST; 1Y MCLR 8.90% + 0%-2.80%; up to 100% on-road funding; salaried max 60 at maturity, self-employed max 75	Eligibility Age 18–75 yrs Min. income ₹0/mo Salaried or Self-employed	Apply Now
Compare Bandhan Bank Bandhan Bank Bank	Interest rate 8.86% p.a. onwards Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹4,000–₹400,000 + GST Fee details Up to 4% of loan amount + GST; new & used cars; up to 90% of on-road price; fixed-rate foreclosure 4%, nil on floating	Eligibility Age 21–65 yrs Min. income ₹0/mo Salaried or Self-employed	Apply Now
Compare IDFC FIRST Bank IDFC FIRST Bank Bank Longest tenure	Interest rate 8.99% p.a. onwards Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹2 Crore	Tenure 1–10 yrs	Processing fee ₹5,000–₹10,000 + GST Fee details Up to 5% of loan amount; zero foreclosure on floating-rate loans; tenure up to 10 years	Eligibility Age 21–70 yrs Min. income ₹15,000/mo 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Cholamandalam Finance Cholamandalam Finance NBFC / HFC	Interest rate 9.00% – 20.00% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–5 yrs	Processing fee ₹500–₹250,000 + GST Fee details New car loans from Rs 1 lakh with up to 100% on-road funding; pre-owned car loans tenure up to 5 years; pre-closure 5% (7-12 months) + GST; IRP Dec-2025 new car 9%-20%, admin/PF 0.5%-2.5% + GST	Eligibility Age 21–75 yrs Min. income ₹16,667/mo 36+ months in current employment/business Salaried or Self-employed	Apply Now
Compare HDFC Bank HDFC Bank Bank	Interest rate 9.00% p.a. onwards Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹25 Lakh	Tenure 1–7 yrs	Processing fee ₹3,500–₹8,000 + GST Fee details Up to 0.5% of loan, min ₹3,500 max ₹8,000; NIL for MSE loans up to ₹5 lakh with URC; up to 100% on-road funding, EV tenure up to 96 months	Eligibility Age 21–65 yrs Min. income ₹25,000/mo 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Hero FinCorp Hero FinCorp NBFC / HFC Longest tenure	Interest rate 9.00% – 18.00% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹50,000 – ₹50 Lakh	Tenure 1–10 yrs	Processing fee ₹1,500–₹200,000 + GST Fee details New car: from 9% up to Rs 25 lakh / 120 months / PF up to 3%; used car: 18-26% up to Rs 50 lakh / 60 months / PF up to 4% + GST	Eligibility Age 18–70 yrs Min. income ₹15,000/mo Salaried or Self-employed	Apply Now
Compare Tata Capital Tata Capital NBFC / HFC	Interest rate 9.49% p.a. onwards Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹5 Crore	Tenure 1–7 yrs	Processing fee ₹3,000–₹1,475,000 + GST Fee details foreclosure 6%/5% of principal outstanding; min annual income Rs 3 lakh; PF up to 2.95% of loan amount; CIBIL 700+	Eligibility Age 21–65 yrs Min. income ₹25,000/mo Credit score 700+ 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare HDB Financial Services HDB Financial Services NBFC / HFC	Interest rate 9.50% – 26.00% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹3,500–₹5,900 Fee details New, used and refinance car loans; up to 100% funding; PF up to 3.54% inclusive of GST; documentation up to Rs 2,500 or 3.54% whichever higher; sourced via dealers/agents per HDB disclosure	Eligibility Age 21–60 yrs Min. income ₹25,000/mo 36+ months in current employment/business Salaried or Self-employed	Apply Now
Compare RBL Bank RBL Bank Bank	Interest rate 10.50% – 11.50% p.a. Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹50,000 – ₹1 Crore	Tenure 1–5 yrs	Processing fee ₹500–₹200,000 + GST Fee details Fixed rate; salaried up to Rs 30 lakh, self-employed up to Rs 1 crore; up to 90% on-road funding; pre-owned car loan up to Rs 30 lakh; rate/PF not published by bank or aggregators	Eligibility Age 21–75 yrs Min. income ₹20,000/mo 24+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Poonawalla Fincorp Poonawalla Fincorp NBFC / HFC	Interest rate 11.00% p.a. onwards Rate verified 13 Oct 2026 · lender's rates	Loan amount ₹2 Lakh – ₹75 Lakh	Tenure 1–6 yrs	Processing fee ₹4,000–₹150,000 Fee details Pre-owned car loan Rs 2-75 lakh; PF up to 2% inclusive of taxes; foreclosure 4% + taxes; salaried 3-6 months in current job (12-24 months total)	Eligibility Age 21–65 yrs Min. income ₹0/mo Credit score 700+ 3+ months in current employment/business Salaried or Self-employed	Apply Now
Compare AU Small Finance Bank AU Small Finance Bank Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹20,000 – ₹1 Crore	Tenure 6–60 mo	Processing fee ₹400–₹300,000 + GST Fee details New/used car loans under vehicle finance; pricing not published on product page; BB: new car up to 17%, used up to 26%; 6-60 months; PF 2% new/3% used	Eligibility Age 21–70 yrs Min. income ₹0/mo Salaried or Self-employed	Apply Now
Compare Bajaj Finance Bajaj Finance NBFC / HFC Highest amount	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹10 Crore	Tenure 1–8 yrs	Processing fee ₹3,000–₹2,950,000 Fee details PF up to 2.95% incl. taxes for both	Eligibility Age 21–80 yrs Min. income ₹25,000/mo Credit score 650+ 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Bank of India Bank of India Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹50 Lakh	Tenure 1–7 yrs	Processing fee ₹1,000–₹5,000 + GST Fee details Star Vehicle Loan 4W: 0.15% min Rs1,000 max Rs5,000 + GST (CIBIL 725+); 2nd-hand vehicles 10.40-10.50%	Eligibility Age 18–65 yrs Min. income ₹0/mo Salaried or Self-employed	Apply Now
Compare IndusInd Bank IndusInd Bank Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹2,000–₹300,000 + GST Fee details Up to 100% of on-road price, tenure up to 7 years; rates per profile; PF 2%-3%	Eligibility Age 23–65 yrs Min. income ₹20,833/mo 36+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Karur Vysya Bank Karur Vysya Bank Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹75 Lakh	Tenure 1–7 yrs	Processing fee ₹3,000–₹7,500 + GST Fee details Rs 3,000 up to Rs 10 lakh; Rs 7,500 above Rs 10 lakh; new car 84 months, used car 60 months; flat-only fee; % derived	Eligibility Age 21–70 yrs Min. income ₹20,000/mo 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Kotak Mahindra Bank Kotak Mahindra Bank Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹3,000–₹300,000 Fee details Financed by Kotak Mahindra Prime Ltd: processing 3% of loan + documentation ₹7,500; foreclosure 5.21%/3%; rate depends on profile/segment/tenure	Eligibility Age 21–65 yrs Min. income ₹15,000/mo 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Kotak Mahindra Prime Kotak Mahindra Prime NBFC / HFC	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹75,000 – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹7,500 + GST Fee details PF 3% of loan + documentation Rs 7,500 (both non-refundable, + GST); up to 100% on-road (new) / 90% (used); salaried max age 60 at maturity, self-employed 65	Eligibility Age 21–65 yrs Min. income ₹15,000/mo 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Mahindra Finance Mahindra Finance NBFC / HFC	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–5 yrs	Processing fee ₹1,000–₹200,000 + GST Fee details New and pre-owned car loans, funding up to 100% of ex-showroom value; rates location/profile based, not published; GST extra on fees; rate/PF not published - typical values	Eligibility Age 21–60 yrs Min. income ₹0/mo Salaried or Self-employed	Apply Now
Compare Manappuram Finance Manappuram Finance NBFC / HFC	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–7 yrs	Processing fee ₹1,000–₹100,000 + GST Fee details New/used car loans via vehicle loan vertical; rate card not published online; Interest Rate Policy car loan band 14%-32%, processing/appraisal capped at 1%	Eligibility Age 21–65 yrs Min. income ₹0/mo Salaried or Self-employed	Apply Now
Compare Muthoot Finance Muthoot Finance NBFC / HFC	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–5 yrs	Processing fee ₹1,000–₹200,000 + GST Fee details New/used car loans (used up to 90% of value); rate card not published online - branch quote; via Muthoot Money from Rs 1 lakh; age 18-70, salaried Rs 96,000 p.a., 1 yr vintage (official)	Eligibility Age 18–70 yrs Min. income ₹8,000/mo Credit score 700+ 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Piramal Finance Piramal Finance NBFC / HFC	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹25 Lakh	Tenure 1–5 yrs	Processing fee ₹5,000–₹125,000 + GST Fee details Pre-owned car loan up to Rs 25 lakh, up to 90% of car value; PF up to 5% + taxes; range per used car loan quarterly disclosure; min annual income Rs 2.5 lakh	Eligibility Age 21–65 yrs Min. income ₹20,833/mo Credit score 700+ 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Shriram Finance Shriram Finance NBFC / HFC	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹10 Lakh	Tenure 1–4 yrs	Processing fee ₹5,000–₹50,000 + GST Fee details Used car loan only; up to 85% of car value; max Rs 10 lakh; IRP used non-commercial vehicle band 10%-36%; PF up to 5% (all products)	Eligibility Age 21–59 yrs Min. income ₹0/mo Salaried or Self-employed	Apply Now
Compare South Indian Bank South Indian Bank Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹2 Lakh – ₹1 Crore	Tenure 1–5 yrs	Processing fee ₹500–₹5,000 Fee details 0.25% of loan amount or Rs 5,000 whichever is less; up to 90% of on-road price; SIB Loan Referral Partner programme	Eligibility Age 21–60 yrs Min. income ₹60,000/mo Salaried or Self-employed	Apply Now
Compare TVS Credit TVS Credit NBFC / HFC	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹1 Crore	Tenure 1–5 yrs	Processing fee ₹5,900–₹590,000 Fee details Used car loan; up to 95% funding; PF max 5.9% inclusive of GST; rate range from official EMI calculator; foreclosure 5.5%-6.5%; no-income-proof option; CIBIL 750+ per official FAQ	Eligibility Age 18–65 yrs Min. income ₹0/mo Credit score 750+ 12+ months in current employment/business Salaried or Self-employed	Apply Now
Compare Union Bank of India Union Bank of India Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹1.3 Crore	Tenure 1–7 yrs	Processing fee ₹1,000 + GST Fee details used 4W (<=3 yrs, max Rs20 lakh) 11.60-11.70%; Green vehicle from 7.50%	Eligibility Age 18–75 yrs Min. income ₹20,000/mo Credit score 700+ Salaried or Self-employed	Apply Now
Compare Yes Bank Yes Bank Bank	Interest rate Check current rates Rate confirmed by the lender when you apply	Loan amount ₹1 Lakh – ₹5 Crore	Tenure 1–7 yrs	Processing fee ₹5,000–₹10,000 + GST Fee details 10.25%-12.25%; salaried 21-58, self-employed 21-65; 2 yrs experience	Eligibility Age 21–65 yrs Min. income ₹16,667/mo 24+ months in current employment/business Salaried or Self-employed	Apply Now

Lender

Interest rate

Loan amount

Tenure

Processing fee

Eligibility

Indian Bank Bank

Lowest rate

Interest rate

7.55% – 8.85%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹5 Crore

Tenure

1–7 yrs

Processing fee

₹1,200 + GST

Fee details

IB Vehicle Loan (new car): flat Rs1,200 + GST (w.e.f. 17.11.2025). ROI 7.55-8.85%; Eco Vahan 7.55-8.75%; used car 9.55-11.65% (PF 1% max Rs10,000, max 72 months)

Eligibility

Age 18–70 yrs
Min. income ₹25,000/mo
Salaried or Self-employed

Apply Now

Bank of Maharashtra Bank

Interest rate

7.70% – 12.00%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹1,000–₹15,000 + GST

Fee details

Maha Super Car Loan: PF 0.25% min Rs1,000 max Rs15,000 +GST (nil for EVs; service-charge page). ROI RLLR-0.60% = 7.45% (CIBIL 800+ salaried) to 10.65% (<600), non-salaried higher, page range 7.45-12.00%; 0.25% concession for HL/corporate salary customers

Eligibility

Age 18–70 yrs
Min. income ₹25,000/mo
12+ months in current employment/business
Salaried or Self-employed

Apply Now

UCO Bank Bank

Interest rate

7.70% – 10.25%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹1,000–₹1,500 + GST

Fee details

1% of loan amt, max Rs1,500; festive 100% waiver of processing & documentation on car loans. New car 8.35% (w.e.f. 17.08.2026); pre-owned 9.15% (certified dealer, max Rs15 lakh) to 9.65% (max Rs5 lakh, 60 months)

Eligibility

Age 21–70 yrs
Min. income ₹0/mo
Salaried or Self-employed

Apply Now

Canara Bank Bank

Interest rate

7.80% – 10.95%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹1,000–₹5,000 + GST

Fee details

0.25% (min ₹1,000, max ₹5,000) + GST; 50% waiver 01-Jul to 30-Sep-2026; new cars RLLR-linked 7.50–10.70% (EV from 7.45%); used cars up to 60M, max ₹50L; no upper limit for new vehicles

Eligibility

Age 21–70 yrs
Min. income ₹25,000/mo
Salaried or Self-employed

Apply Now

Bank of Baroda Bank

Interest rate

7.85% – 11.55%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹3 Crore

Tenure

1–7 yrs

Processing fee

₹500–₹2,000 + GST

Fee details

Flat ₹1,500 + GST (≤₹10L), ₹2,000 + GST (>₹10L); ₹500 + GST for govt/PSU employees; nil under Baroda Direct/Yoddha; floating BRLLR − 0.30% to BRLLR+SP + 3.15%, fixed 8.50–11.20%

Eligibility

Age 21–70 yrs
Min. income ₹0/mo
Credit score 701+
Salaried or Self-employed

Apply Now

Federal Bank Bank

Interest rate

7.85% – 9.00%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹500–₹100,000 + GST

Fee details

New car fixed 7.90%-9.00%; used car / loan against car 10.15%-14.00% (used tenure up to 60 months); PF not published; take-home Rs 20k after EMIs

Eligibility

Age 21–65 yrs
Min. income ₹20,000/mo
Salaried or Self-employed

Apply Now

Indian Overseas Bank Bank

Interest rate

7.85% – 8.85%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹500–₹5,000 + GST

Fee details

processing charges as applicable, fully waived for electric vehicles; up to 90% of cost; 2 yrs service/business; Pushpaka PF 0.50% min Rs500 max Rs5,000 (charge schedule)

Eligibility

Age 18–70 yrs
Min. income ₹8,000/mo
24+ months in current employment/business
Salaried or Self-employed

Apply Now

Punjab & Sind Bank Bank

Interest rate

7.85% – 14.30%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹1,000–₹15,000 + GST

Fee details

PSB Apna Vahan 4W: 0.25% of loan amt, min Rs1,000 max Rs15,000 + GST; pre-owned 0.35% min Rs1,000 max Rs25,000. ROI new 4W 7.60% (825+) to 14.05% (<650), E-Apna Vahan STP from 7.55% (min CIBIL 700); pre-owned 9.75-16.00% (max Rs75 lakh, 60 months)

Eligibility

Age 18–70 yrs
Min. income ₹0/mo
Credit score 700+
Salaried or Self-employed

Apply Now

Central Bank of India Bank

Interest rate

7.90% – 9.55%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹2 Crore

Tenure

1–7 yrs

Processing fee

₹2,000–₹20,000 + GST

Fee details

Cent Vehicle 4W: 0.50% min Rs2,000 max Rs20,000 + GST - full waiver till 31.12.2026. ROI RBLR-0.60% to RBLR+1.05% (7.65-9.30%) by CIC score; co-borrower needed above age 60

Eligibility

Age 18–65 yrs
Min. income ₹25,000/mo
Credit score 700+
Salaried or Self-employed

Apply Now

Punjab National Bank Bank

Interest rate

7.90% – 9.95%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹1,000–₹1,500 + GST

Fee details

0.25% (min ₹1,000, max ₹1,500) excl. GST; no documentation charge; CIBIL-tiered (750+: 7.60–8.70%); margin 10–15% on-road

Eligibility

Age 21–70 yrs
Min. income ₹25,000/mo
Credit score 681+
Salaried or Self-employed

Apply Now

ICICI Bank Bank

Interest rate

8.40%

p.a. onwards

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹2,000–₹8,500 + GST

Fee details

New car PF up to ₹8,500 + GST; up to 100% on-road funding

Eligibility

Age 21–65 yrs
Min. income ₹25,000/mo
Salaried or Self-employed

Apply Now

State Bank of India Bank

Interest rate

8.40% – 9.35%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹500–₹1,500 + GST

Fee details

Flat ₹500 (≤₹5L), ₹1,000 (₹5–10L), ₹1,500 (>₹10L) + GST for salaried; up to 100% on-road funding; no foreclosure charge after 2 yrs

Eligibility

Age 21–70 yrs
Min. income ₹25,000/mo
Credit score 700+
Salaried or Self-employed

Apply Now

City Union Bank Bank

Interest rate

8.45% – 9.95%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–5 yrs

Processing fee

₹750–₹125,000 + GST

Fee details

EBLR + 4.75 (<3 yrs) / +5.00 (3-4 yrs) / +5.25 (4-5 yrs); PF 1.25% min Rs 750

Eligibility

Age 21–60 yrs
Min. income ₹15,000/mo
Salaried or Self-employed

Apply Now

Axis Bank Bank

Interest rate

8.80% – 11.70%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹3,500–₹12,000 + GST

Fee details

Up to 2% of loan + GST; documentation ₹700 + GST; 1Y MCLR 8.90% + 0%-2.80%; up to 100% on-road funding; salaried max 60 at maturity, self-employed max 75

Eligibility

Age 18–75 yrs
Min. income ₹0/mo
Salaried or Self-employed

Apply Now

Bandhan Bank Bank

Interest rate

8.86%

p.a. onwards

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹4,000–₹400,000 + GST

Fee details

Up to 4% of loan amount + GST; new & used cars; up to 90% of on-road price; fixed-rate foreclosure 4%, nil on floating

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Salaried or Self-employed

Apply Now

IDFC FIRST Bank Bank

Longest tenure

Interest rate

8.99%

p.a. onwards

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹2 Crore

Tenure

1–10 yrs

Processing fee

₹5,000–₹10,000 + GST

Fee details

Up to 5% of loan amount; zero foreclosure on floating-rate loans; tenure up to 10 years

Eligibility

Age 21–70 yrs
Min. income ₹15,000/mo
12+ months in current employment/business
Salaried or Self-employed

Apply Now

Cholamandalam Finance NBFC / HFC

Interest rate

9.00% – 20.00%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–5 yrs

Processing fee

₹500–₹250,000 + GST

Fee details

New car loans from Rs 1 lakh with up to 100% on-road funding; pre-owned car loans tenure up to 5 years; pre-closure 5% (7-12 months) + GST; IRP Dec-2025 new car 9%-20%, admin/PF 0.5%-2.5% + GST

Eligibility

Age 21–75 yrs
Min. income ₹16,667/mo
36+ months in current employment/business
Salaried or Self-employed

Apply Now

HDFC Bank Bank

Interest rate

9.00%

p.a. onwards

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹25 Lakh

Tenure

1–7 yrs

Processing fee

₹3,500–₹8,000 + GST

Fee details

Up to 0.5% of loan, min ₹3,500 max ₹8,000; NIL for MSE loans up to ₹5 lakh with URC; up to 100% on-road funding, EV tenure up to 96 months

Eligibility

Age 21–65 yrs
Min. income ₹25,000/mo
12+ months in current employment/business
Salaried or Self-employed

Apply Now

Hero FinCorp NBFC / HFC

Longest tenure

Interest rate

9.00% – 18.00%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹50,000 – ₹50 Lakh

Tenure

1–10 yrs

Processing fee

₹1,500–₹200,000 + GST

Fee details

New car: from 9% up to Rs 25 lakh / 120 months / PF up to 3%; used car: 18-26% up to Rs 50 lakh / 60 months / PF up to 4% + GST

Eligibility

Age 18–70 yrs
Min. income ₹15,000/mo
Salaried or Self-employed

Apply Now

Tata Capital NBFC / HFC

Interest rate

9.49%

p.a. onwards

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹5 Crore

Tenure

1–7 yrs

Processing fee

₹3,000–₹1,475,000 + GST

Fee details

foreclosure 6%/5% of principal outstanding; min annual income Rs 3 lakh; PF up to 2.95% of loan amount; CIBIL 700+

Eligibility

Age 21–65 yrs
Min. income ₹25,000/mo
Credit score 700+
12+ months in current employment/business
Salaried or Self-employed

Apply Now

HDB Financial Services NBFC / HFC

Interest rate

9.50% – 26.00%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹3,500–₹5,900

Fee details

New, used and refinance car loans; up to 100% funding; PF up to 3.54% inclusive of GST; documentation up to Rs 2,500 or 3.54% whichever higher; sourced via dealers/agents per HDB disclosure

Eligibility

Age 21–60 yrs
Min. income ₹25,000/mo
36+ months in current employment/business
Salaried or Self-employed

Apply Now

RBL Bank Bank

Interest rate

10.50% – 11.50%

p.a.

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹50,000 – ₹1 Crore

Tenure

1–5 yrs

Processing fee

₹500–₹200,000 + GST

Fee details

Fixed rate; salaried up to Rs 30 lakh, self-employed up to Rs 1 crore; up to 90% on-road funding; pre-owned car loan up to Rs 30 lakh; rate/PF not published by bank or aggregators

Eligibility

Age 21–75 yrs
Min. income ₹20,000/mo
24+ months in current employment/business
Salaried or Self-employed

Apply Now

Poonawalla Fincorp NBFC / HFC

Interest rate

11.00%

p.a. onwards

Rate verified 13 Oct 2026 · lender's rates

Loan amount

₹2 Lakh – ₹75 Lakh

Tenure

1–6 yrs

Processing fee

₹4,000–₹150,000

Fee details

Pre-owned car loan Rs 2-75 lakh; PF up to 2% inclusive of taxes; foreclosure 4% + taxes; salaried 3-6 months in current job (12-24 months total)

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Credit score 700+
3+ months in current employment/business
Salaried or Self-employed

Apply Now

AU Small Finance Bank Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹20,000 – ₹1 Crore

Tenure

6–60 mo

Processing fee

₹400–₹300,000 + GST

Fee details

New/used car loans under vehicle finance; pricing not published on product page; BB: new car up to 17%, used up to 26%; 6-60 months; PF 2% new/3% used

Eligibility

Age 21–70 yrs
Min. income ₹0/mo
Salaried or Self-employed

Apply Now

Bajaj Finance NBFC / HFC

Highest amount

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹10 Crore

Tenure

1–8 yrs

Processing fee

₹3,000–₹2,950,000

Fee details

PF up to 2.95% incl. taxes for both

Eligibility

Age 21–80 yrs
Min. income ₹25,000/mo
Credit score 650+
12+ months in current employment/business
Salaried or Self-employed

Apply Now

Bank of India Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹50 Lakh

Tenure

1–7 yrs

Processing fee

₹1,000–₹5,000 + GST

Fee details

Star Vehicle Loan 4W: 0.15% min Rs1,000 max Rs5,000 + GST (CIBIL 725+); 2nd-hand vehicles 10.40-10.50%

Eligibility

Age 18–65 yrs
Min. income ₹0/mo
Salaried or Self-employed

Apply Now

IndusInd Bank Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹2,000–₹300,000 + GST

Fee details

Up to 100% of on-road price, tenure up to 7 years; rates per profile; PF 2%-3%

Eligibility

Age 23–65 yrs
Min. income ₹20,833/mo
36+ months in current employment/business
Salaried or Self-employed

Apply Now

Karur Vysya Bank Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹75 Lakh

Tenure

1–7 yrs

Processing fee

₹3,000–₹7,500 + GST

Fee details

Rs 3,000 up to Rs 10 lakh; Rs 7,500 above Rs 10 lakh; new car 84 months, used car 60 months; flat-only fee; % derived

Eligibility

Age 21–70 yrs
Min. income ₹20,000/mo
12+ months in current employment/business
Salaried or Self-employed

Apply Now

Kotak Mahindra Bank Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹3,000–₹300,000

Fee details

Financed by Kotak Mahindra Prime Ltd: processing 3% of loan + documentation ₹7,500; foreclosure 5.21%/3%; rate depends on profile/segment/tenure

Eligibility

Age 21–65 yrs
Min. income ₹15,000/mo
12+ months in current employment/business
Salaried or Self-employed

Apply Now

Kotak Mahindra Prime NBFC / HFC

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹75,000 – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹7,500 + GST

Fee details

PF 3% of loan + documentation Rs 7,500 (both non-refundable, + GST); up to 100% on-road (new) / 90% (used); salaried max age 60 at maturity, self-employed 65

Eligibility

Age 21–65 yrs
Min. income ₹15,000/mo
12+ months in current employment/business
Salaried or Self-employed

Apply Now

Mahindra Finance NBFC / HFC

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–5 yrs

Processing fee

₹1,000–₹200,000 + GST

Fee details

New and pre-owned car loans, funding up to 100% of ex-showroom value; rates location/profile based, not published; GST extra on fees; rate/PF not published - typical values

Eligibility

Age 21–60 yrs
Min. income ₹0/mo
Salaried or Self-employed

Apply Now

Manappuram Finance NBFC / HFC

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–7 yrs

Processing fee

₹1,000–₹100,000 + GST

Fee details

New/used car loans via vehicle loan vertical; rate card not published online; Interest Rate Policy car loan band 14%-32%, processing/appraisal capped at 1%

Eligibility

Age 21–65 yrs
Min. income ₹0/mo
Salaried or Self-employed

Apply Now

Muthoot Finance NBFC / HFC

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–5 yrs

Processing fee

₹1,000–₹200,000 + GST

Fee details

New/used car loans (used up to 90% of value); rate card not published online - branch quote; via Muthoot Money from Rs 1 lakh; age 18-70, salaried Rs 96,000 p.a., 1 yr vintage (official)

Eligibility

Age 18–70 yrs
Min. income ₹8,000/mo
Credit score 700+
12+ months in current employment/business
Salaried or Self-employed

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Piramal Finance NBFC / HFC

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹25 Lakh

Tenure

1–5 yrs

Processing fee

₹5,000–₹125,000 + GST

Fee details

Pre-owned car loan up to Rs 25 lakh, up to 90% of car value; PF up to 5% + taxes; range per used car loan quarterly disclosure; min annual income Rs 2.5 lakh

Eligibility

Age 21–65 yrs
Min. income ₹20,833/mo
Credit score 700+
12+ months in current employment/business
Salaried or Self-employed

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Shriram Finance NBFC / HFC

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹10 Lakh

Tenure

1–4 yrs

Processing fee

₹5,000–₹50,000 + GST

Fee details

Used car loan only; up to 85% of car value; max Rs 10 lakh; IRP used non-commercial vehicle band 10%-36%; PF up to 5% (all products)

Eligibility

Age 21–59 yrs
Min. income ₹0/mo
Salaried or Self-employed

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South Indian Bank Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹2 Lakh – ₹1 Crore

Tenure

1–5 yrs

Processing fee

₹500–₹5,000

Fee details

0.25% of loan amount or Rs 5,000 whichever is less; up to 90% of on-road price; SIB Loan Referral Partner programme

Eligibility

Age 21–60 yrs
Min. income ₹60,000/mo
Salaried or Self-employed

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TVS Credit NBFC / HFC

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹1 Crore

Tenure

1–5 yrs

Processing fee

₹5,900–₹590,000

Fee details

Used car loan; up to 95% funding; PF max 5.9% inclusive of GST; rate range from official EMI calculator; foreclosure 5.5%-6.5%; no-income-proof option; CIBIL 750+ per official FAQ

Eligibility

Age 18–65 yrs
Min. income ₹0/mo
Credit score 750+
12+ months in current employment/business
Salaried or Self-employed

Apply Now

Union Bank of India Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹1.3 Crore

Tenure

1–7 yrs

Processing fee

₹1,000 + GST

Fee details

used 4W (<=3 yrs, max Rs20 lakh) 11.60-11.70%; Green vehicle from 7.50%

Eligibility

Age 18–75 yrs
Min. income ₹20,000/mo
Credit score 700+
Salaried or Self-employed

Apply Now

Yes Bank Bank

Interest rate

Check current rates

Rate confirmed by the lender when you apply

Loan amount

₹1 Lakh – ₹5 Crore

Tenure

1–7 yrs

Processing fee

₹5,000–₹10,000 + GST

Fee details

10.25%-12.25%; salaried 21-58, self-employed 21-65; 2 yrs experience

Eligibility

Age 21–65 yrs
Min. income ₹16,667/mo
24+ months in current employment/business
Salaried or Self-employed

Apply Now

Not sure which lender fits? Check your eligibility with all 39 lenders with a single application.

Check eligibility

Rates are each lender's own published figures, checked against the lender's website on the date shown. The rate, amount and approval you are offered depend on the lender's assessment of your profile — FynnEdge does not guarantee approval, disbursal or any particular rate.

Explore Car Loan by amount, type, need & location

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Why FynnEdge?

You could go directly to a bank. But why apply for a Car Loan through us?

One profile, many lenders

Share your details once — we match you against multiple lenders' criteria instead of you applying to each one separately.

Clear, upfront eligibility

See which lenders you're likely eligible for, with plain-language reasons, before you apply.

A fully online journey

Check eligibility, compare lenders and apply — all online, without a branch visit.

Free EMI & credit tools

Plan your EMI and check your credit score for free, before you commit to anything.

Guidance, not just a listing

We help you understand your options and why a lender is or isn't a fit — not just hand you a list.

No service charges

Comparing and applying through FynnEdge is free. Any lender fees are disclosed upfront by the lender.

What our customers say

“I contacted Fynnedge for help regarding the different types of personal loans available. The process went smoothly but it took quite long for the approval. Overall, it was a good experience.””

Kavita Iyer

Hyderabad
“I collaborated with Fynnedge to seek a personal loan for a specific expenditure. The process was straightforward, and the staff explained how loans functioned. The only issue was the length of the whole application process.””

Sandeep Malhotra

Chandigarh
“I have had a very happy experience with the Flexi Hybrid Term Loan. I found the process quite easy, although I did have to go through a lot of documentation as well as learn about all the terms and conditions of the loan first." ”

Rajesh Gupta

kanpur

Frequently asked questions

What is a car loan?

A car loan is a form of financing available to help one buy a new or used car without the burden of paying the whole amount upfront. Instead, the buyer pays back the amount borrowed plus some additional amount depending on the terms of the contract in monthly installments (EMIs) over a certain period of time.

Can I obtain a loan to buy a used car?

There are several financial institutions that provide loans for the purchase of a used vehicle. The eligible amount and tenure may depend on various factors such as age and value of the used car and your financial status.

How much car loan can I get?

Your eligible amount depends on the vehicle's assessed value, the lender's financing policy, your income, existing repayments and credit profile. The lender decides the approved amount and any contribution you must make.

Is a down payment required for a car loan?

A down payment may be required if the lender finances only part of the vehicle's cost. Confirm whether the financing applies to the ex-showroom price or on-road price and which expenses you must pay separately.

How much car loan can I get?

How much loan one gets depends on various factors including one’s income, creditworthiness, value of the car on purchase, ability to pay back and the lending institution’s policies. In some cases, eligible borrowers can get up to ₹1 Crore.

What is the interest rate on a car loan?

The interest rate varies depending on several factors including the abovementioned factors. It also differs among various lenders. Therefore, it is only the lending institution that can decide on the exact rate to be charged on a car loan.

Updated 3 Nov 2026, 1:49 PM

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You could go directly to a bank. But why apply for a Car Loan through us?

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