Car Loan Chennai

Chennai is the Most popular hub for motorsports in India. People of chennai like to own sports car, Luxury cars. To meet all the needs people lend money from banks so Car loan market in chennai is big. almost 72% peoples  prefer finance for cars in chennai. If you live in chennai and looking for car loans so you can check which are the banks who offers best rates and offers on car loans.

  1. Corporation Bank - Gurunanak College, Velachery, Chennai, Tamil Nadu 044 2255 4040
  2. Bank Of India - W - 124, 3rd Avenue, Anna Nagar, Chennai, Tamil Nadu 600040
  3. Corporation Bank - No. 41, Venkatanarayana Road, Thyagaraya Nagar, Chennai, Tamil Nadu 600017
  4. State Bank of India - Thousand Lights, Pb No. 717 No. 129-, Greams Road, Chennai, Tamil Nadu 1800 425 3800
  5. IDBI - No. 44/86, 4th Avenue, Ashok Nagar, Chennai, Tamil Nadu 600083
  6. Corporation Bank - 39, Whites Road P.B. No. 2227 Chennai - 600 014 Tamil Nadu
  7. Axis Bank - No. 82, Dr. Radhakrishnan Salai, Mylapore, Chennai, Tamil Nadu 600004
  8. HDFC Bank - No.137, K G Bellaire, Opp: Metro Water Office, 100 Ft Bypass Road, Velachery, Chennai, Tamil Nadu 600042 044 6160 6161
  9. Indian Bank - Anna Nagar Branch - W-100, P.B No.3452, 2nd Ave, Anna Nagar, Shanthi Colony, Anna Nagar, Chennai, Tamil Nadu 600017

Apply for Best Car Loan Chennai

Professional Details
Loan Amount:
Annual Income:
Banks/Rates HDFC Bank Kotak Axis Bank State Bank of India (SBI)
New Car Loan
9.45% - 12.50% 11.50% - 13.50% 9.40% - 12.00% 9.45%( for WOMEN) 9.50%( for Others)
Processing Fee Up to 2.5 Lakhs: Rs. 3220/-, (Above 2.5 Lac, Rs.4390/- to Rs.5870/-) Rs.3300/- to Rs.4750/- Rs.3500/- to Rs.5500/- Nil

How Much Salary or Income Required Getting Car loans in Chennai

  • Minimum 15000 per month income required for getting loans from bank to purchase a dream car in Chennai.

Documents you will need to submit for Apply Car loan in Chennai:

·         Proof of Identity: Passport copy, PAN Card, Voters Id card, driving licence( Laminated, Recent, Legible)

·         Income Proof: Latest salary slip with form 16 / Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of Rs. 4,50,000 per annum / Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company / Latest ITR

·         Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.

·         Bank Statement: Last 6 months