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Car Loan

Want to drive your dream car but don't have the funds for it? A car loan can help you in achieving this dream today. Apply for a car loan with deal4loans.com and with a few EMI’s, become the owner of your own set of wheels.

Why compare various car loan deals with Deal4loans.com?

Deal4loans is India’s largest loan comparison service. For trusted advice on loans and solutions on your financial needs, you can turn to us. With tie ups with leading banks and financial institutions providing car loans deal4loans is your ultimate destination for best deals. Our user friendly website enables you to compare the best offerings in the market and make the best possible choice.

Car Loan applications received for rupees 23,383 crores till 01 December 2015

Compare Car Loan Rates - Eligibility - Process of All Banks.

Professional Details
Loan Amount:
Annual Income:
* Quotes are totally free for customers

Characteristics of Car loans:

A Car loan is a great way to drive your dream car without having to make the complete payment upfront. Some other features which make a car loan tempting are:

✔ Flexible contract terms and comfortable tenure of loan i.e. up-to 7 years
✔ Competitive and attractive rates of interests
✔ A tax deduction may be applicable if the vehicle is to be used for business purposes
✔ Almost everyone with a Permanent Income can apply for a car loan
✔ Some banks offer up to 100% of car finance on ex showroom price and generally up to 85% of car finance on ex-showroom price is available.
✔ Very low processing fees and prepayment charges.
It all sounds good, right?

Check your Eligibility for a Car loan:

The certain factors that determine your eligibility for a certain loan are:
✔ Age
✔ Kind of employment
✔ Income
✔ Period of employment
✔ Previous running EMI's and CIBIL Score

You can check your eligibility and get quotes according to your eligibility by putting in our eligibility calculator.

Car loan interest rates can be different for different users based on some factors. Some of these factors are:

  1. Banks give lower interest rates to the employees who have salary accounts with the same bank.
  2. It gives lower interest rates to employees of top 5000 companies of India.
  3. Based on your income per month you might get some waivers or on the total loan amount you may get cheaper rates.

Banks giving Car loans in India:

HDFC Bank Car Loan

HDFC Provides a Quick and Easy car loan with Easy Documents, EMI Options and Low Interest Rates… Read More
SBI Car Loan
Lowest interest rate, Low processing fee, processed through speedy delivery channels with total transparency….Read More
ICICI Bank Car Loan
Compare Interest Rates, EMI, Documents and Eligibility for ICICI Car loan. Apply online for car loan…..Read More
Axis Bank Car Loan
Compare and Choose Interest Rates, Documents, EMI, and Features of Axis Bank Car Loan…Read More
Kotak Mahindra Car Loan
flexible schemes to suit your needs, hassle-free documentation and quick processing….Read More

Bank of India Car Loan
Get Details on Eligibility, EMI, Interest Rates, Documents, Eligibility of BOI Car Loans…Read More

In India, we have 35 corporations for financing Car/Auto loans. Let us take a look which banks are the favorites of Indian borrowers when it comes to Car Loans:

Market share of major banks in Car/Auto Loan category:

Bank Market Share in Car loans
HDFC Bank 26%
SBI 22%
Kotak Mahindra Bank 16%
ICICI Bank 14%
Axis Bank 10%
Others 12%

market share in Car loan
Car Loan Rate of Interest
( Last updated on 01 December 2015 )
Bank Interest Rates Apply
ICICI Bank 10.50% - 15.50%
HDFC Bank 10.00% - 16.50%
Kotak Mahindra 11.00% - 13.50%
SBI 9.80% - 17.15%
Magma Fincorp 12.00% - 16.00%
AXIS Bank 11.50% - 12.50%
PNB Bank 10.25% - 11.50%
What Others are saying
Kaushik Ganguly
Surely recommended for all borrowers who want loan at lowest rates.
good to see deal4loans helps borrowers or needy ones from core of the heart without any fee. Its really a nice comparison portal for any loans in india.
Bimal tirkey
thanks for the help deal4loans. i got my loan from sbi through deal4loans in very short span of time. good luck
i was satisfied regards personal loan discount with you.
Morshed Gazi
I am pleased with the overwhelming response to my query from deal4loans. thanks
Himanshu Choudhary
Best service.
Ankit Tyagi
I appreciate the way in which customer care executive told me all the things with all information.
Ajit Kumar
thanx for ur Service. Keep it up
Girin Rajkhowa
you have collected the information online regarding personal loan applied by me.till now i havent applied recieved any message from the bank personnel regarding loan approval. thank you for your respond and satisfactory conversations regarding my application for personal loan
Navinkumar R
Good Job. Keep up the good work. better if you can give us a Application on Android.
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  • Disclaimer: Information is sourced from respective Banks websites. We don't provide Loans on our own but ensures your information is sent to bank/agent which you have opted for. We don't do short term loans. Deal4loans has no sales team on its own and we just help you to compare loans .All loans are on discretion of the associated Banks/Agents. Read More