Car Loan

Want to bring home your dream car, but don't have enough funds? Now, you don't need to wait for some more months or years to buy your dream car as you can take a car loan to meet your fund requirement. We can make this drive easy for you, apply for a car loan with deal4loans.com and become pride owner of your dream car.

Benefits of comparing car loan with Deal4loans.com

Deal4loans is India's largest loan comparison service offering company. For trusted advice on various loan products and solutions on your financial needs, you can rely on us. We have tie-ups with leading banks and financial institutions providing car loans. We can assure you that you will get the best deals and offers at Deal4loans, which you can find nowhere else. Our user-friendly website enables you to compare all offerings in the market and make a well calculated choice.

Car Loan applications received for rupees 36,865 crores till 23 July 2018

Compare, Calculate & Save more on Interest Rates & EMIs

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

Features of Car loans:

A Car loan is a great way to drive your dream car without making the complete payment upfront. Some other traits which make a car loan more feasible are:

✔ Flexible contract terms and comfortable tenure of loan i.e. upto 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 upto 85% of car finance on ex-showroom price is available.
✔ Very low processing fees and prepayment charges.

Check your Eligibility for a Car loan:

The certain factors that determine your eligibility for a car 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 by updating all information in our eligibility calculator.

Car loan interest rates can be vary from user-to-user based on different parameters. 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%
Car Loan Rate of Interest
( Last updated on 23 July 2018 )
Bank Interest Rates Apply
ICICI Bank 8.82% - 12.75%
HDFC Bank 8.50% - 11.25%
Kotak Mahindra 11.50% - 13.50%
SBI 8.90% - 9.10%
Magma Fincorp N.A
AXIS Bank 8.50% - 11.25%
PNB Bank 8.90% - 9.10%
What Others are saying
NAVEEN S SHETTY
Because of Deal4loans and his advisor i was able to get 10 lakh of personal loan with smooth process. i would like to thank deal4loans team and Kotak bank.
T.Satish Kumar
Hi Abhishek,
Greetings for the day...!

I would like to appreciate Abhishek for all his help on getting personal loan.

Thanks & Regards,
T.satish Kumar,

sunil dhirubhai vaghela
Well service provide
Murali Kanth Natti
Dear Sagar,

Thank you so much for the help and support extended to get the PL disbursed at appropriate time of need. Your services are well appreciated and an excellent manager.

Once again thanks a lot.
atheeq
i am happy and thanking you to inform you that i have received a personal loan from tata capital with good rate of interest.
special thanks to Robin. He did excellent job.
find always ready to resolve the queries even in extended work hours. without Robin i can\\\'t get this personal loan it has helped in my emergency situation he will be very calm and be patiently when ever i am calling him for this very good response from him. if any of my friends or colleague asked loan i will refer robin and also already refered his name and number.
thanks once again and thanks a lot robin and to deal4 loans and special thanks to robin.
Prashanth M.K
I had applied for a personal loan and I was contacted by Ms. Neha Gupta in that regard. After all scrutiny, the loan amount was sanctioned and I received the amount by the end of June 2016.

I wish to place on record the tremendous continuous support extended by Ms. Neha in the entire process. She took personal interest in understanding my concerns and resolving them in super quick time, be it providing inputs on issues or in pushing the entire process. She took great pains in concluding the deal for me at the best possible interest rates.

I would rate her 10/10 for the exemplary professional support extended during the entire process period. Going by the positive feedbacks from other customers, I am no more surprised about her quality of work.

A big thanks to the entire team who had worked to make this happen. I would surely recommend you guys with my friends who are in need of any such loans.
Shankaran
Dear team,
I am happy and thanking you to inform you that i have received a personal loan from kotak mahindra bank with good rate of interest.
special thanks to neha. she did excellent job.
find always ready to resolve the queries even in extended work hours. Without neha I can\'t get this personal loan it has helped in my emergency situation she be calm and be patiently when ever I am calling her for this very good response from her. I am also working in bank but if any of my friends or colleague asked loan I will refer neha number only that much she has did for me
thanks once again to deal4 loans and special thanks to neha.
Rohit Modi
happy and thanking you to inform you that i have received a personal loan from kotak mahindra bank with good rate of interest.
Special thanks to Neha. She did excellent job.
Find always ready to resolve the queries even in unofficial hours.
Thanks once again to deal4 loans and special thanks to Neha
MUKESH JOSHI
Happy and thanking you to inform you that i have received a personal loan from Kotak Mahindra bank with good rate of intrest.

Thanking you deal4loan for your kind support to get this loan.
Nand Lal Arora
Excellent service by excellent staff of excellent deal4loans.and Kotak Mahindra Bank.Keep it up.
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