directions_carNew & Used Car Loans

Drive Home Sooner.
Know Your EMI First.

Share your details once. Our loan expert compares offers from multiple lenders and calls you back with the best one.

  • check_circleNew and used car loans
  • check_circleOffers from multiple banks and NBFCs
  • check_circleExpert help from application to disbursal
calculateCalculate your EMI
Get the best car loan offer
Share your details and our expert will call you back within 24 hours.
+91
expand_more
expand_more
expand_more
expand_more

lockYour details are only used to contact you about your loan.

account_balance
Multiple lendersCompare offers in one place
bolt
Quick approvalMinimal paperwork
directions_car
New & used carsLoans for both
support_agent
Expert guidanceFrom enquiry to disbursal
PLAN YOUR BUDGET

Car loan EMI calculator

Adjust the loan amount, interest rate and tenure to see your monthly EMI.

Enter loan details
₹
%
7%20%
years
1 year7 years
Your monthly EMI
₹0 /month
Principal
Interest
Principal amount₹0
Total interest₹0
Total payable₹0

EMI shown is an estimate. Final interest rate, tenure and loan amount depend on the lender and your credit profile.

BEFORE YOU APPLY

Eligibility and documents

Requirements vary by lender. This is what most banks ask for.

Who can apply

  • check_circle
    Age 21 to 65 yearsAt the time of applying and at the end of the loan tenure.
  • check_circle
    Stable incomeSalaried, self-employed professionals and business owners can apply.
  • check_circle
    Work experienceUsually 1+ year in current job for salaried, 2+ years in business for self-employed.
  • check_circle
    Good credit scoreA CIBIL score of 700+ helps you get better rates.

Documents you'll need

  • description
    Identity & address proofAadhaar, PAN, passport or driving licence.
  • description
    Income proofLast 3 salary slips and Form 16, or ITR for the last 2 years if self-employed.
  • description
    Bank statementsLast 6 months of your salary or business account.
  • description
    Car detailsProforma invoice for a new car, or RC and valuation report for a used car.
SIMPLE PROCESS

How it works

From EMI estimate to loan approval, with an expert guiding you.

1
Check your EMI
Use the calculator to find an EMI that fits your budget.
2
Share your details
Fill in the quick form with your contact and loan needs.
3
Compare offers
Our expert checks eligibility and shortlists the best lender offers.
4
Get your loan
Submit documents, get approval and drive home your car.
LENDERS WE WORK WITH
HDFC Bank
ICICI Bank
Axis Bank
SBI
Kotak Mahindra
Bank of Baroda
COMMON QUESTIONS

Car loan questions, answered

EMI = P × r × (1+r)^n / ((1+r)^n − 1), where P is the loan amount, r is the monthly interest rate (annual rate ÷ 12 ÷ 100) and n is the number of monthly instalments. The calculator above does this for you.
It depends on the lender, the car and your income. For new cars, lenders often fund a large share of the on-road or ex-showroom price; for used cars, the amount is based on the car's valuation and age.
Yes. Most lenders offer pre-owned car loans. Interest rates are usually a little higher than new car loans, and the car's age at the end of the tenure is capped by the lender.
Yes, a longer tenure lowers the monthly EMI but increases the total interest you pay. Try different tenures in the calculator to see the difference.
Most lenders allow part-prepayment or foreclosure after a few EMIs. Some charge a fee, so check the terms of your loan offer.

Talk to a car loan expert for free

Tell us once what you need. We compare lenders and call you with the best options.

Request a callbackarrow_forward call+91 99999 90622