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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 17,803 crores till 03 July 2015

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

Professional Details
Loan Amount:
Occupation:
Annual Income:
City:
* 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 03 July 2015 )
Bank Interest Rates Apply
ICICI Bank 11.50% - 17.00%
HDFC Bank 10.75% to 12.50%
Kotak Mahindra 11.50% - 13.50%
SBI 10.45% p.a.(for MEN)
10.40% p.a.(for WOMEN)
Magma Fincorp 10.75% - 12.00%
What Others are saying
satish
Really appreciate your exclent service from dela4loans team and particularly about Neha.Thanks neha for patience and continuous follow up and support.
FARAZ AHMED MD
Awesome & excellent service from Deal4loans team. I am very much thankful to the entire team of deal4loans who worked backend & helped me out to get my loan approved from CITI bank. And my warm thanks to Mr.Anurag who followed up in getting my loan. Appreciate his efforts. You guys rocks!!!
Keep up the same pace:)
Onil soni
I was thnak full to Ms soniya for support at time of processing loan
Chinmaya R Rao
I am thankful to the entire Deal4loans team who worked in back-end to get my loan approved by Kotak mahindra bank and Special thanks to Neha , appreciate her effort in followup. Good Job team, keep up this effort !!!
Ashok kumar barik
Thanx 2 deal4loan & fullorton bank 4 help me on the exact time. there service is very good & also with the good behaviour , special thanks 4 (raju sharma). But sir the rate of interest is little high, because I am little poor person.other wise evry thing is very good 4 me, Thanks to all team.
Sanjay Singh
Hi team,Myself Sanjay Singh from Mumbai want to thank Dea4loan team to make my personal loan availing experience so delightful from Kotak bank . Definitely I will share my experience with my ship colleagues.Special thanks to Ms.Neha Juneja for all extended support.
yogendra
its Excellent service I have received personal loan in time Ms Sonia very helpful for documentation of my loan & Excellent service.
Sandesh s. Kadam
I appreciate efforts & support provided by deals4loans.com.
They have guided me very well & worked out loan with Kotak mahindra bank with ease. Will definitely advice my friends and colleagues about your service, if they are in need. Thanks
lava kumar
I want to compliment one of your excellent employees, Mr. Balbir and he went to great lengths to help me when i am lookkng for personsl loan. I have always received quality service fro his end, and Mr. Balbir extended help is a prime example of this. He knew just what to do to solve problem get loan faster.

Such service builds great working relationships. I will bring all my references to Mr.Balbir on deal4loans.com from now on.
sonia
Neha juneja special thanks u.
Neha has helped me for getting personal loan from kotak mahindra bank in delhi. For 5 lac.
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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