Car Loan
New or used, hatchback or luxury — attractive rates and up to 7-year repayment.
- Interest Rate
- 8.50% p.a. onwards
- Funding
- Up to 90% on-road
- Tenure
- 12 – 84 months
- Disbursal
- Within 48 hrs
We finance new and pre-owned cars through partner banks at rates starting 8.50% p.a. With up to 90% of the on-road price funded and disbursal typically within 48 hours, you can book your car with confidence — and even bundle insurance and accessories into the loan.
Compare car loan offers
Same application, every lender compared. We negotiate on your behalf and route your file to the bank most likely to approve it at the best rate.
Showing 3 of 3 offers, best rate highlighted.
| Lender | Rate (p.a.) | Max amount | Tenure | Processing fee | Actions |
|---|---|---|---|---|---|
HDFC Bank Best rate | 8.50% onwards8.50% – 16.00% p.a. | Up to ₹1 Crore | 12 – 84 months | Up to 2% + GST | |
State Bank of India | 8.70% onwards8.70% – 11.45% p.a. | Up to ₹1 Crore | 12 – 84 months | ₹1,000 – ₹7,500 | |
ICICI Bank | 9.00% onwards9.00% – 15.50% p.a. | Up to ₹2 Crore | 12 – 84 months | Up to 2.5% + GST |
Rates, fees and eligibility are indicative, vary by applicant profile and lender policy, and are confirmed at the time of sanction. Vridhee Finsol is a distributor — sanction rests solely with the bank.
Features & benefits
- New and used car financing
- Up to 90% of on-road price funded
- Insurance and accessories can be included
- Flexible tenure up to 7 years
- Minimal processing fees, transparent charges
- Depreciation and interest benefits for self-employed buyers
Eligibility
- Age between 21 and 65 years
- Minimum annual income of ₹3 lakhs
- Credit score of 650–700+
- Valid driving licence
Documents required
- PAN and Aadhaar
- Income proof — salary slips or ITR
- Last 6 months' bank statements
- Car quotation / proforma invoice from dealer
How it works
- 1
Apply online or on a call — 2 minutes
- 2
We compare offers across 8+ banks for your profile
- 3
Choose your best offer; we handle documentation
- 4
Sanction and disbursal — most files in 24–48 hours
Estimate your EMI
Monthly EMI
₹21,494
- Principal
- ₹10,00,000
- Total interest
- ₹2,89,634
- Total payable
- ₹12,89,634
Frequently asked questions
Do you finance used cars?
Yes — cars up to 8–10 years old at loan maturity, at rates typically 2–4% higher than new-car loans. We also arrange valuation and RC-transfer support.
Should I take dealer financing or arrange my own loan?
Dealer tie-ups are convenient but not always the cheapest. We compare the dealer's offer against our partner banks so you either negotiate better or take the lower outside offer.
Can insurance and accessories be included in the loan?
Yes, most banks allow the first-year insurance premium and dealer-fitted accessories to be bundled, keeping your upfront payment to just the margin money.
Is there a benefit for business owners?
Self-employed buyers registering the car for business use can claim depreciation and the interest as business expenses — your CA can structure this, or our tax team can help.