HDFC Bank Car Loan Interest Rates: Low EMI ₹ 1599/ Lakh for 7 year tenure ✓ eligibility ✓ upto 100% finance ✓ Application Status ✓ HDFC Car Loan EMI Calculator ✓ Apply online through Deal4loans.com within 5 minutes.
Latest Update as on 27 March 2020: No EMI’s for 3 Months as per RBI. Your CIBIL Score will also not be impacted by this EMI waiver on your Personal / home/car loans. so your credit report will not take hit also but if you don’t pay interest will increase.
Why to choose or apply with HDFC bank car Loan
|Interest Rates||8.80% – 10.00%|
|Processing Fee||0.4% of Loan Amount or Rs.10000, whichever is lower|
|Loan Amount||Upto 100%|
Latest update: Zero Foreclosure and Flexible repayment options.
Get Car Loans in India from HDFC Bank. Check your exact Car Loan eligibility in a minute and Apply Online
✓ Check your exact Car Loan eligibility in a minute and apply online
✓ Get loan approval within 10 minutes of submitting your documents
✓ View the exact total cost and EMI of your Car Loan offer
✓ Special discounted interest rate only through online
Documents required for HDFC Bank car loan:
✓ Identity Proof – Aadhar Card / Passport / Voter Card
✓ Income Proof – ITR / Form 16 / P & L Ac
✓ Address Proof – Licence / Tel Bill / Elec Bill / Sales Tax Cert
✓ Bank Statement of last 6 months
Owning your dream car is now easy. HDFC Bank can offer a car loan for up to 100% of the value! learn about exciting offers on loans for private cars as well as multi-utility vehicles from hdfc bank via deal4loans.com.
Pre-owned Car Loans – HDFC bank tie-ups with widest range of authorized pre-owned car dealers. it helps you to easy car buying experience with faster approval and doorstep service.
Loan against Car – This scheme of HDFC bank makes you eligible for a pre-approved cash loan. interest rates upto 2% lower compared to personal loan of hdfc.
HDFC Car Loan EMI Calculator
For calculate exact loan emi you have to just enter your loan amount, Interest Rate & No. of Tenure Period in Months.
Do I have the option to pre-pay the entire loan amount?
Yes. You can pre-pay the loan any time after 6 months of availing of the loan. You just have to pay a small pre-payment fee on the outstanding loan amount.
Do I need a guarantor for New Car Loans?
No, but if your income does not meet our credit criteria then you may be required to have a Gurantor/co-applicant. To stand surety for your loan.
What is the maximum amount I can borrow with an HDFC Bank New Car Loans?
You can borrow up to 3 times your annual salary if you are a salaried professional and 6 times your annual income if you are a self-employed professional **.
**Offers on specific models .Terms & conditions apply.
Which cars can be financed for New Car Loans?
We finance most passenger cars and multi-utility vehicles manufactured by India’s leading automobile companies.
Top 20 Selling Cars in India; Get HDFC car loan easily for these
|9.||Maruti Vitara Brezza||5513|
|11.||Maruti S presso||5159|
|12.||Hyundai Grand i10||4293|
|15.||Toyota Innova Crysta||3810|
|16.||Hyundai Elite I20||3455|
|19.||Hyundai Xcent / Aura||2615|
|20.||Maruti Nexa XL6||2221|
Other Available Products from HDFC Bank
Compare HDFC Car Loan with other Banks in India
|Car loan Banks||Interest Rates||EMI per Rs 1 lakh for 7 Years|
|Bank Of Baroda Car Loan||8.80% – 10.55%||Rs. 1,599 – Rs. 1,689|
|Canara Bank Car Loan||8.70% – 9.35%||Rs. 1,594 – Rs. 1,627|
|Corporation Bank Car Loan||8.75% – 9.50%||Rs. 1,596 – Rs. 1,634|
|HDFC Bank Car Loan||8.50% – 11.25%||Rs. 1,584 – Rs. 1,725|
|ICICI Bank Car Loan||8.82% – 12.75%||Rs. 1,600 – Rs. 1,806|
|Union Bank Car Loan||8.85% – 11.85%||Rs. 1,601 – Rs. 1,757|
|SBI Car Loan||8.65% – 9.70%||Rs. 1,609 – Rs. 1,645|
Source: HDFC Bank Official Website