| Bank Name | Rate of Interest % | Loan Tenure | Loan Amount | CIBIL Score | Action |
|---|---|---|---|---|---|
| Indian Bank New Car Loan | 8.65% | N/A | 100000 | 685 | Apply Now |
| SK Finance Car Loan | 18% | N/A | 100000 | 650 | Apply Now |
| Bank of Maharashtra Car Loan | 8.9% | N/A | 100000 | 685 | Apply Now |
| Axis Bank Car Loan | 9.2% | N/A | 100000 | 700 | Apply Now |
| Yes Bank Car Loan | 9.16% | N/A | 100000 | 680 | Apply Now |
| Vastu Finserv New Car Loan | 14% | N/A | 100000 | 650 | Apply Now |
| MANAPPURAM FINANCE LIMITED | 14% | N/A | 100000 | 650 | Apply Now |
| UNION Bank New Car Loan | 8.8% | N/A | 100000 | 650 | Apply Now |
| Cholamandalam New Car loan | 14% | N/A | 100000 | 650 | Apply Now |
| Bank of Baroda New Car Loan | 8.7% | N/A | 100000 | 700 | Apply Now |
| Indian Overseas Bank New Car Loan | 8.85% | N/A | 100000 | 685 | Apply Now |
| Punjab & Sindh Bank New Car Loan | 9.05% | N/A | 100000 | 685 | Apply Now |
| Bank of India New Car Loan | 8.85% | N/A | 100000 | 685 | Apply Now |
| ICICI Bank New Car Loan | 9.45% | N/A | 100000 | 700 | Apply Now |
| HDB Financial New Car Loan | 10% | N/A | 100000 | 700 | Apply Now |
New Car Loan – Drive Home Your Dream Car with Easy Financing
Owning a brand-new car is now easier than ever with our New Car Loans. At Crednova Fintech, we provide affordable, quick, and flexible financing solutions to help you bring home your dream four-wheeler without financial stress. Whether it’s for family comfort or business use, our car loan plans are designed to suit every need and budget.
Key Features of New Car Loan:
Key Features of New Car Loan:- Up to 90% financing of the on-road price
- Attractive interest rates on car loans
- Flexible repayment tenure up to 84 months (7 years)
- Zero hidden charges with full transparency
- Quick approval & hassle-free documentation
Required Documents:
Required Documents:- KYC (PAN, Aadhaar, etc.)
- Latest income proof (Salary slips, ITR, or bank statements)
- Address proof
Proforma invoice of the car from dealer
Our New Car Loan is the perfect choice for individuals and businesses who want to own a stylish, reliable, and comfortable ride without straining their savings.
🚗Key Features of Our Vehicle Loan:
- Finance up to 90% of the on-road price of your new vehicle
- Attractive interest rates starting from competitive market levels
- Loan tenure of up to 7 years with flexible repayment options
- Quick loan processing with minimal paperwork
- Available for salaried professionals, self-employed individuals, and business owners
📄Basic Eligibility & Documents:
- Age: Minimum 21 years
- Documents: Valid ID proof, address proof, and income proof
- Vehicle Requirement: Quotation/Proforma Invoice from the dealer
✨ With our New Vehicle Loan, owning your dream car or bike is simple, affordable, and stress-free. Apply online in just a few clicks or visit your nearest Crednova Fintech branch today!
FAQs
- A car loan is a type of auto loan that allows you to borrow money to purchase a pre-owned or second-hand vehicle. The car you’re buying serves as collateral for the loan.
- Interest rates on car loans are typically determined based on factors such as your credit score, the loan term, the age and value of the car, and the lender’s policies. Generally, borrowers with higher credit scores receive lower interest rates
- The maximum loan amount for a car loan depends on your creditworthiness, the value of the car, and the lender’s policies. Typically, lenders may finance up to a certain percentage of the car’s value.
- Car loan terms can vary, but they’re generally shorter than those for new car loans. Loan terms often range from 36 to 72 months, with some lenders offering shorter or longer options.
- Many lenders offer car loans for private party purchases. However, the terms and conditions for private seller transactions may differ from those for buying from a dealership.