HDFC Bank Car Loan – Interest Rates 2024, Eligibility, Documents

HDFC Bank Car Loan Interest Rates: Low EMI ₹ 1524/ Lakh for 7 year tenure ✓ eligibility ✓ upto 100% finance ✓ Application Status ✓ HDFC Car Loan EMI Calculator ✓ Apply online through within 5 Minutes.

Why to choose or apply with HDFC bank car Loan

Interest Rates 7.95% to 8.30%
Processing Fee 0.4% of Loan Amount or Rs.10000, whichever is lower
Repayment 7 Years
Loan Amount Upto 100%
Foreclosure Charges Nil
Monthly Income 15000

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

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.

Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

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 bank 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 **.

Which cars can be financed for New Car Loans?
HDFC Bank finance most passenger cars and multi-utility vehicles manufactured by India’s leading automobile companies.

Other Available Products from HDFC Bank

HDFC Home Loan
HDFC Bank Personal Loan
HDFC Bank Credit Card
HDFC Bank Education Loan
HDFC Loan Against Property
HDFC NRI Home Loans

To Know More Details:-
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