Used car buying process: Photo showing multiple cars with license plates, indicating potential used car purchase opportunities

New Car Purchase

Our New Car Purchase Loan is designed to make your dream car a reality with ease and affordability. Whether you're eyeing the latest car models or the perfect vehicle for your lifestyle, we offer competitive interest rates and flexible repayment options to suit your budget. With quick loan approvals and hassle-free car financing, you can drive away in your brand-new car without delays. Our expert team is here to guide you through every step, ensuring a smooth loan process and a seamless financing experience.

We provide car loans through trusted nationalized banks, ensuring secure, transparent, and reliable financing. Our partnerships with leading banks such as State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BOB), Canara Bank, Union Bank of India, and Bank of India allow us to offer the best car loan deals with low interest rates and flexible repayment plans. Don’t let financial worries slow you down—apply for a New Car Loan today and get financed by the most trusted nationalized banks in India! 🚗

Loan Amount : Rs.1 Lakh onward
Applicable car loan : Up to 100% on road funding
Maximum Tenure : Up to 7 years

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Why Choose Our New Car Purchase Loan?

Competitive Interest Rates – Get low-interest rates that make your car loan affordable.
Flexible Repayment Options – Choose an EMI plan that fits your budget and financial needs.
Quick Loan Approvals – Enjoy a fast and hassle-free approval process with minimal paperwork.
High Loan Amount – Get up to 100% financing on your new car purchase.
Minimal Documentation – Simple and easy documentation process for stress-free loan processing.
Trusted Banking Partnerships – Secure financing through top banks and NBFCs for reliable support.

Benefits of Buying a New Car:

Latest Features & Technology – Enjoy advanced safety, entertainment, and performance features in a brand-new car.
Zero Wear & Tear – A brand-new car means no previous damage or mechanical issues.
Warranty Coverage – Most new cars come with manufacturer warranties, reducing maintenance costs.
Better Fuel Efficiency – New models are designed for improved mileage and eco-friendly performance.
Higher Resale Value – New cars retain value better and offer a good resale price in the future.

Documents Required for Car Loan

1 Passport-size photograph
2. PAN Card & Aadhaar Card
3. Business Proof ( For Salaried)
4. Employment Proof ( For Self-Employed)
5. 6 Months Bank Statement (PDF)
6. Address Proof (matching Aadhaar).
7. Credit Report – CIBIL score report (if asked)

LOAN PROCEDURE

STEP 1-Submit required documents.
STEP 2- Instant CIBIL score verification
STEP 3-Tele-verification and field inspection.
STEP 4-Loan Eligibility Assessment.
STEP 5-Quick loan sa nction decision .
STEP 6-Customized loan scheme based on eligibility.
STEP 7-Digital or physical agreement signing.
STEP 8-Fast loan disbursement.

Frequently Asked Questions (FAQs)

Who is eligible for a new car loan?

Salaried individuals, self-employed professionals, and business owners with a stable income can apply for a new car loan. The applicant must be between 22 to 60 years of age, and a CIBIL score of 700+ is preferred for quick approval.

How much loan amount can I get?

The loan amount depends on the applicant’s income, credit score, and eligibility. Some lenders offer up to 100% financing on the ex-showroom price of the car, making it easier to own a new vehicle without an upfront payment.