If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
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    We found 34 Car Loan Eligibility
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.5% - 10% Fixed
    Up to ₹4,720 One time fee
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
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    8.90% Floating
    0
    1Cr Max
    7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
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    13.1% - 15% Floating
    Up to 2%
    20K - 10L
    1-5 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
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    8.80% Floating
    0
    1Cr Max
    7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free SPECIAL OFFER FOR WOMEN
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    8.60% - 11.50% Fixed
    Up to ₹5,500
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free
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    Eligibility Criteria
    12.5% - 14.5% Floating
    2% One time fee
    1.5L - 25L
    1-7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free 100% financing on car value
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    Eligibility Criteria
    12% - 15.5% Fixed
    Up to ₹5,310 One time fee
    75K Min
    1-7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
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    Eligibility Criteria
    11.40% Floating
    0
    35K - 25L
    5 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free
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    9.50% - 11% Fixed
    2,500 One time fee
    1L Min
    1-5 Years Tenure
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free
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    Eligibility Criteria
    12% - 14% Fixed
    2,500 One time fee
    1L Min
    1-3 Years Tenure
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free
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    16% Floating
    1% One time fee
    50K - 15L
    1-4 Years
    Response Time : Within 30 minutes
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    12% - 13% Fixed
    1% One time fee
    50K - 10L
    1-4 Years
    Response Time : Within 30 minutes
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  • Car Loan Eligibility is Rated as "Great!" by 33033 Users

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    Car Loan Eligibility

    Car Loan Eligibility Particulars Details
    Monthly income of loan applicant Rs.10,000 per month
    Pre-existing EMI amount Depends on loan amount, loan tenure, and interest rate
    Country/Place of residence India Rural/semi-urban/urban
    Stability in residence At least 1-year stay at present residence
    Car manufacturer Any approved Indian or foreign car manufacturer
    Car model Any approved car model
    Type of employment Salaried or self
    Date of birth Applicant’s age should be at least 18 years and not more than 75 years
    Type of residence Any approved residence with a good parking space inside or outside the house

    Car loans are advances made by banks and other auto-finance companies to financially enable borrowers to purchase a car for private or commercial use.

    In today’s world, a car can come in handy in a number of different situations. Not only does it help in commuting from one place to another, it also is a lot safer to travel in when compared to a two-wheeler. There are some who purchase a car to raise their status in society while others have a more practical reason for their purchase. Either way, a car comes with its own features and benefits. A number of car dealers and financers have developed new schemes to help individuals make their dreams of owning a car come true. There are a various banks and lenders who have developed new and lucrative car loan products to aid new car owners. These products are generally offered at low interest rates to make them affordable for all divisions of society. Each one of these banks and financiers have a pre-set eligibility criteria. These criteria may range from one lender to another.

    Car Loan Eligibility differs based on the criteria set by the lender taking into account the borrower’s profile.


    Car Loan Eligibility Calculator:

    A Car Loan Eligibility Calculator is a tool used to determine the car loan amount that a person can apply for with a bank. The eligibility calculator can help an individual get a preview of the percentage of the maximum loan amount that can be sanctioned by the bank. The maximum loan amount and tenure of the loan vary depending on whether the car is new or used, value of the car, and the maximum EMI that the applicant can pay. The car loan amount sanctioned by a banking institution also depends on the loan tenure opted for and the monthly income of the loan applicant.

    Car Loan Eligibility

    An individual will have to provide a few basic details such as:

    • The monthly income of the applicant
    • Pre-existing EMI amount
    • Country/place of residence
    • Car manufacturer
    • Date of birth
    • Car model
    • Type of employment
    • Annual Income
    • Type of residence

    With a Car Loan Eligibility Calculator, an individual can compare car loan amounts and tenures offered by various banks. Once an individual selects either the “New Car or Used Car” options, they would have to input their monthly income and the EMI amount on any existing loan amount.

    Car Loan Eligibility for Salaried Individuals

    A number of these lenders offer lucrative car loan schemes to salaried individuals. With a steady income, these individuals are more likely to repay their car loan without any hiccups. Depending on the type of car loan that’s available, banks and financiers have different conditions and criteria that an individual would have to meet. A salaried individual should earn more than Rs.2 lakh per annum to be eligible for most car loans. These individuals will be eligible to avail a car loan ranging between Rs.6 lakh and Rs.7 lakh at an affordable rate of interest. Salaried individuals who earn an annual salary that’s mentioned will be entitled to receive a higher car loan amount.

    A car loan is sanctioned to an individual after he/she has submitted their salary slips along with their PAN card information. In some cases, financial firms or banks will require a copy of the applicant’s income tax returns which were paid by the applicant in the previous financial year. Other requirements may include the type of work that they are involved in. The lender will want to ensure that the applicant has a stable job to ensure that the applicant has a steady income coming in during the tenure of the car loan. The applicant will also have to provide a PAT (Profit After Tax) if they work in a private firm or company. The minimum PAT should be over Rs.2 lakh. The business of the company or firm that the applicant is working for must show stability for more than 3 years.

    In today’s times, banks and lenders have made it easy for an individual to apply for a car loan. With vehicle financing being made readily available online, people can upload their documents and have a car loan sanctioned in no time at all. Auto dealers help their customers finance their vehicles by providing all necessary information that a person would require. Extensive research can help a person zone in on a car loan scheme that best suits their needs and requirements. An individual who’s looking for a car loan option can also visit a financial website like BankBazaar to search and compare car loans offered by various banks to help them choose a suitable car loan.

    Car Loan Eligibility Criteria for a Used Car Loan

    With the used car market steadily growing in India, banks and lenders have realised that affordable and lucrative car loan options would bear fruit in the auto market. Lenders have realised this and have started introducing used car loan products into the auto market to cater to the needs and requirements of the people. In today’s times, car owners change cars every few years which has resulted in a number of used cars entering the market. A buyer can either purchase a used car from the original owner directly or they can purchase their car from a certified dealer. Banks have been quite flexible in offering customisation options which customers can avail on their used car loans. An individual is eligible for a used car loan option if they meet the following criteria:

    • The borrower (if he/she is a salaried individual) should earn a minimum annual salary of Rs.3 lakhs and should also be employed for a minimum term of two years while working with the current employer for at least one year.
    • The borrower (if he/she is a self-employed individual) should earn a minimum annual income of Rs.2 lakhs and should be involved in business for a minimum period of 3 years.
    • A potential used car loan applicant will have to submit the following documents to have their application approved:
      • Proof of Identity: A borrower can submit their PAN Card, passport, driving licence or any other document that has been issued by the government.
      • Proof of Age: The borrower's age should be more than 21 years to avail a used car loan. The borrower can provide a relevant document that has been authorised by a legal authority for proof of age. Documents like ration card, driving license, voters card, passport, school leaving certificate, etc. are accepted.
      • Proof of Income: Salaried individuals can submit their ITR/Form-16/Salary Slips as a proof of income. Self-employed individuals can submit their balance sheets or ITRs. P&L accounts can also be submitted.
      • Proof of Address: A borrower can submit their driving license, ration card, voters card, school leaving certificate, passport etc.
      • Other documents that will be required are a signature verification proof and 2 passport photographs.

    Guide to choosing the right car loan

    Choosing the right car loan can be a tedious job requiring a lot of research and time. But if a borrower does their research on car loans offered by various banks and lenders, he/she can save a lot of money when choosing their car loan. With an increase in consumer needs, car makers have launched a number of new products that come with attractive features. A good car loan can help a potential car owner realise their dream of owning their own four-wheeler. Some of the important points that a borrower will have to keep in mind are:

    • The borrower should do their research to ensure that they choose the right car loan option that best suits their needs and requirements. Various banks offer car loans and charge different interest rates. It is therefore advisable that a borrower compares car loans offered by different banks.
    • The borrower should use a car loan EMI Calculator to assess their finances during the tenure of the loan. Banking sites like the official website of BankBazaar offers a comprehensive EMI Calculator that can be used any number of times to determine the EMI that needs to be paid on a car loan.
    • It is very important for borrower to stick to his/her budget to determine their repayment capability. It is advisable that the borrower should finalize on a car that best suits their budget.
    • The borrower should consider the additional charges and fees which are levied on a car loan.
    • The borrower should ensure that they are aware of the rate of interest that's levied on a car loan. A lower interest rate would indicate that the EMIs that are paid towards a car loan would also be low. However, a lower interest rate that's offered on a car loan signifies that a few features or services would not be available with the car loan.

    In summary, a lot goes into the whole process of selecting and applying for a car loan with a bank or lender. A borrower will spend a good deal of time in ensuring that the car loan that has been sanctioned is repaid with interest. A car loan can be a very handy tool to possess and people who wish to purchase a new car can do so with the help of a car loan that's sanctioned by a reliable bank or lender.

    Car Loan Eligibility - Factors

    • Income levels: Higher the income better the chances for a higher loan amount
    • Income regularity: Regular income improves chances for loan approval
    • Kind of Car: New cars are more easily financed than used cars; a high-end model will be expensive which means the borrower has to be able to pay the portion not funded by the loan (LTV ratio)
    • Longer tenors will enhance repayment capacity
    Apply for Car Loan Online

    Are You Eligible for Car Loan?

    A multitude of options makes it difficult for borrowers to gauge their eligibility for a car loan from each lender.

    Bank Bazaar resolves this issue by allowing users to input their background information in a user-friendly way for instant quotes.

    The results are displayed in a convenient manner so as to facilitate easy comparison of car loan offers from different lenders.

    Once users choose the offer of choice they can apply for the same availing unique deals offered by Bank Bazaar through partner collaborations.

    Car Loan Eligibility and CIBIL Score

    Some of the important factors that play a major role in determining a person’s car loan eligibility are as follows:

    • The EMI amount that you can pay without hindering any daily household duties or expenses, EMI amount that you pay on an existing loan, etc.
    • Car loan tenure also plays an important role
    • A CIBIL score of 750 and above is considered a good score as this increase your chances of having the loan amount sanctioned.

    Car Loan Eligibility for SBI, Axis Bank, HDFC Bank

    SBI Bank

    If an individual intends on applying for a car loan with SBI Bank, he/she should be aged between 21 to 65 years. The individual should belong to any one of the following categories mentioned below:

    Category Annual Income Maximum Loan Amount
    • Regular employee of a reputed establishment
    • Private Sector
    • The Central/State Government Public Sector Undertaking
    Net Annual Income should be greater than Rs.3 lakh Net Monthly Income times 48
    • Self-employed individuals
    • Professionals
    • Partnership/Proprietary firms that are income tax assesses
    • Businessmen in various fields
    Gross Taxable or Net Profit income of over Rs.4 lakh p.a. Gross Taxable Income or Net Profit times 4
    • Individuals who are engaged in allied and agricultural activities
    Net Annual Income of the applicant should be greater than Rs.4 lakh Net Annual Income times 3

    Axis Bank

    If an individual applying for a car loan from Axis Bank is a salaried applicant, he/she should be aged between 21 to 70 years. If the applicant is self-employed, the applicant should be aged between 18 and 75 years. The eligibility criteria for Axis Bank:

    Self-Employed Individual Salaried Self-Employed Non-Individual
    Income Rs.1.8 lakh p.a. for standard and premium cars Rs.2.4 lakh p.a. for standard and premium cars Rs.1.8 lakh p.a. for standard and premium cars
    Income Proof Latest ITR Form 16 and latest salary slip ITRs for the past 2 years, computation of income, and audited financials of 2 years
    Job Stability Minimum of 3 years with the same employer Minimum of 1 year of employment in the same stream of business Minimum of 3 years of employment in the same stream of business

    HDFC Bank

    If an individual applying for a car loan from HDFC Bank is a salaried applicant, he/she should be aged between 21 to 60 years. If the applicant is self-employed, the applicant should be aged between 21 and 65 years. The eligibility criteria for HDFC Bank:

    Self-Employed Individual Salaried Self-Employed Non-Individual
    Income Rs.60,000 p.a. for standard cars and Rs.1 lakh p.a. for mid-sized and premium vehicles Minimum annual income of Rs.1.8 lakh which includes the income of a spouse or co-applicant Rs.60,000 p.a. for standard cars and Rs.1.5 lakh p.a. for car loans
    Income Proof Latest ITR Form 16 and salary slips ITRs for the past 2 years, computation of income, and audited financials of 2 years
    Job Stability Should be in the business for a minimum of 2 years Minimum employment of 2 years and a minimum of 1 year employed with current employer Minimum of Rs.2.5 lakh p.a. turnover

    Documents Required for Salaried and Self-Employed Car Loan Applicants

    For State Bank of India (SBI) Car Loans

    For salaried For self-employed
    Car loan application form along with photograph, proof of identity, proof of residential address, most recent salary slips, Form 16, and bank statement for proof of income Car loan application form along with photograph, proof of identity, proof of residential address, most recent Income Tax Returns, and bank statement for proof of income

    For Axis Bank Car Loans

    For salaried For self-employed
    Car loan application form along with photograph, proof of identity, proof of age, proof of residential address, most recent salary slips, Form 16, and bank statement for proof of income Car loan application form along with photograph, proof of identity, proof of residential address, most recent Income Tax Returns, and bank statement for proof of income

    For HDFC Bank Car Loans

    For salaried For self-employed
    Car loan application form along with photograph, proof of identity, proof of age, proof of residential address, most recent salary slips, Form 16, and bank statement for the last 6 months Car loan application form along with photograph, proof of identity, proof of residential address, most recent Income Tax Returns, bank statement for the last 6 months, audited balance sheet, profit and loss account

    Perfect Car Loan Deals for you

    Car Loan Documentation:

    Documents required to support car loan applications can vary depending on the lender.

    Documents commonly required are:


    • Proof of employment: Appointment letter/ Employer’s certificate/ Business establishment documents like MOA or partnership deed etc. (depending on the type of employment)
    • Proof of income: In the form of latest Salary slips/ Bank Statements/Audited Statements of Accounts (depending on the type of employment) (salaried/self-employed)
    • Proof of tax paid: Form 16 or ITR forms (depending on the t.ype of employment)
    • Proof of age: Driving License/ Passport Copy/ Voter’s ID
    • Proof of address: Passport copy/ Voter’s ID/ Rental agreement/ Property Deed/ Water or Electricity or Landline or Gas Bill
    • Processing fee cheque and photographs

    ARTICLES:

    What costs are included in your car purchase invoice?

    If you have decided to buy a new car anytime soon, you should look to rake in the benefits offered by car manufacturers and auto insurance companies in light of the festive season. Additionally, you should be aware of all the costs involved in getting a new car on the road.

    This page educates you on the various factors that coalesce to form the total cost of your vehicle. This includes registration charges, road tax, dealer handling charges, and so much more. You will also understand the difference between the ex-showroom price of the car and the on-road price. Read More

    Financing your car? Here’s what you need to do…

    Buying your dream car is not a hassle anymore, thanks to the convenient financing options available in the market today. It is a good practice to be aware of the car loan application process before you actually apply for one.

    This page educates you on the necessities in the car loan application process. The documents that should be furnished, ID proofs, timelines for submission, etc. are all elaborated in a clear manner. You also get some handy tips about car loans that can save you a lot of trouble. Read More

    Which compact sedan should you buy this festive season?

    With the recent implementation of the GST regime, there has been a significant change in the cesses imposed on compact sedans and luxury cars. If you are looking to buy a car this festive season, then you should be well aware of these changes. You should also go through this page, as it lists down the most popular compact sedans in the market today.

    So go ahead, prepare yourself to bring home a nice set of wheels to celebrate the festival of lights! Read More

    How to maintain your car on a shoestring budget

    Did you know that it is possible to keep your precious set of wheels in top condition using some items that you always find around the house? We are talking about vinegar, toothpaste, nail polish, and the like!

    Read through this fun article that gives you an insight on how valuable these little things you take for granted can be. For instance, vinegar is a great ingredient in marinades, but it can also get rid of bad odours and bumper stickers that you need no more. Who knew that toothpaste can be used to revive the sheen of your car’s headlights? And did you know that nail polish can effectively mask those nasty scratches that surfaced on the car’s body when you started driving? Read More

    News About Car Loan Eligibility

    • Waymo, Intel to expand self-driving cars

      Intel is expanding their relationship with Waymo, a Google spinoff, to further develop the self-driving car segment. The largest computer chip maker in the world stated that the company will continue to supply technology to the self-driving Chrysler Pacifica minivan project. The Chrysler Pacifica fleet has been fit with Intel Corp. technology for general computing, sensor processing, and connectivity. There are no specific details about the financial deal that has been negotiated between Waymo and Intel.

      19th September 2017

    • New-Gen Tuscon to be introduced in 2020

      This festive season, Honda is here with ‘The great Honda fest’ across all dealerships, to celebrate the spirit of the festive season with exclusive offers for the buyers. A special contest ‘Adventure of Space, Earth & Ocean’ gives you a unique chance to win a couples trip, fully funded by Honda to the USA.

      The fest will be held from 1 September to 31 October, and customers who buy a new car between this duration will be eligible to participate in the contest by visiting their website. The ‘privileged edition’ of new Honda Jazz and Amaze have received great response by the customers, reports said. The winners of the contest will be done through a random selection by the computer and will be announced after October 31.

      4th September 2017

    • New-Gen Tuscon to be introduced in 2020

      Hyundai, the South Korean automobile maker has stated that the company plans on introducing a next-gen Tuscon in the year 2010. Hyundai had introduced the Tuscon in 2015 which had recorded sales numbers that amounted to 7.35 lakh units. This made it the best-selling SUV of the company in that year. The announcement for the new Hyundai Tuscon might suggest that the third-gen Tuscon could receive a new facelift. Specifications of the new Tuscon are not available but the car is expected to get a number of new advanced features that help ease the driving experience of the driver as well as a striking new design.

      24th August 2017

    • Luxury cars unveiled by Mercedes-Benz

      German automaker Mercedes-Benz India has plans of strengthening the company’s position in the performance sector by rolling out two new cars – AMG GT Roadster and AMG GTR. Managing Director and Chief Executive Officer of Mercedes-Benz India, Roland Folger, stated that the company will now offer 12 AMG models in the country. The AMG GT Roadster will cost Rs.2.19 crore while the AMG GT R is priced at Rs.2.23 crore. Folger also stated that he is not sure of the impact that GST will have on the prices as a 5-7% increase will lead to an increase in the prices of the vehicles. Folger was not too happy with the constant changes being made to various policies by the government as this has been very disruptive to business.

      21st August 2017

    • Kenichi Ayukawa, MD of Maruti Suzuki, says that their next car should be made in India

      The managing director of Maruti Suzuki, Kenichi Ayukawa, started heading the largest selling automaker of India in April 2013. Before he started his tenure with the company, the market share of the company was 42%. He increased it to over 50% in the April to June quarter.

      When Ayukawa came to India in 2013, the scene at Maruti’s IMT Manesar plant was very dangerous and violent. He put in a lot of effort by interacting with several workers directly. He also worked towards comprehending the prevailing situation and offer resolutions to each person.

      He says that Maruti has excellent growth prospects in the Middle East and Africa. The company also sends certain products to Europe.

      He states that the platform for Vitara Brezza was made in Japan, but the body of the car model was designed in India. He intends to start production in India with the help of Indian engineers for the next car model.

      9th August 2017

    • First-time car owners buying Dzire, Swift over WagonR, Alto

      Maruthi Suzuki India, a company that has scores of first-time car owners at their doors for their first four-wheeler, are now buying the company’s Swift and Dzire variants over the Alto and WagonR. A while ago, only one out of every three first-time car owners purchased the Swift and the Dzire. But now one out of every two first-time buyers purchase these models. This indicates a growing level of popularity of these models among the people. The number of people purchasing the Swift in the fiscal year of 2013-14 stood at 31% of the number of Swifts that were sold, that percentage has risen to 52% in the June quarter of the fiscal year of 2017-18. This shows that there is a growing move towards premium cars in the Indian auto markets. This has also increased the company’s annual earnings.

      8th August 2017

    • Order backlog of Maruti Suzuki Vehicles reaches 1.5 lakh units

      Maruti Suzuki India Ltd. are now sitting on an order backlog of nearly 1.5 lakh units of the Baleno, new Dzire, and Vitara Brezza. The waiting period of these vehicles stands at 22 weeks for the Brezza and 16 weeks for the Baleno and Dzire. The company tries to meet the strong demand that the general public has created for these cars. The company is set to roll out a new variant of the S-Cross and a new petrol variant of the Brezza. The company plans on bringing out new models of private vehicles to improve the growth momentum and sustain market share. Maruti Suzuki plans on opening a second production line in Gujarat by 2019.

      31st July 2017

    • Mahindra TUV300 Compact SUV: Test Drive Results

      A new launch from one of India’s top car manufacturer is always eagerly anticipated. Mahindra’s TUV300 is to hit the market soon and is expected to be a crowd-puller. As one of the better looking cars from Mahindra, the TUV300 has been well-designed with pronounced wheel arches. The front part of the new TUV300 carries a multi slat grille with a set of stylish headlamp units that match well with the overall design. Additionally, Mahindra has installed rectangular fog lamps which tune in perfectly with the macho outlook.

      The rear end of the vehicle is also crafted accurately with a large tailgate, mounted spare wheel and vertically stacked tail lamps. The TUV300 is touted to be a competitor for the Ford Ecosport, but has actually received mixed reviews after test drives. The real impact of the new Mahindra vehicle can be judged only after the launch. Banks in India would be vying with each other to provide affordable car loans and the best financing deals to customers opting to buy the Mahindra TUV300.

      9th October 2015

    • Hyundai launches AVN system in its Elite i20 and i20 Active

      Hyundai automobile manufacturer has launched a 7-inch audio-video triangulation system in its Elite i20 and i20 Active make. The Hyundai Elite i20 is the premier retailing tailgate in its segment with an assortment of special features to its list. It was already announced that Hyundai was all geared to add a touch screen infotainment system in its Elite i20 and i20 Active to persevere in the extremely competitive market. They say that the new system gives a ‘human touch’ to the cutting-edge technology and the firm through its press release gave out other details such as 7-inch touch screen with maps, satellite-based voice directed navigation, back camera display and comprehensive entertainment and connectivity facets in the car.

      22nd September 2015

    • Suzuki iM-4 to be known as Ignis

      With the type of jam-packed roads we have, a subcompact car would be quite a favorite among many potential car buyers. At the Geneva Motor Show 2015, Suzuki displayed the iM-4 mini SUV. While it has been off the limelight since then, latest reports advocate that when the vehicle hits the market, it could be renamed as the Ignis. For those who haven’t heard of the name, Ignis, Suzuki traded it in the global marketplace from 2000 to 2008. A version of the manufacture-spec make was dispatched on Suzuki’s Instagram fan page and it seems to resemble the concept of iM-4. As far as the Indian automobile market is concerned, it is yet to be seen if it will be brought to our country.

      18th September 2015

    Car Loan Eligibility Reviews

    • HDFC Bank Car Loan
      "Approachable service"
      0.5 4.0/5 "Great!"
      The rate of interest with the bank is 9.1 %. As the rate of interest was high i thought not to take the loan for now from HDFC Bank. The service executive gave me good response at the time of the application. The follow up was also good and comfortable.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 18, 2017
    • Bank Bazaar Car Loan
      "Good website"
      0.5 5.0/5 "Blown Away!"
      I hope bank bazaar need more oral communication as the customer need any follow ups or any clarification then they have to in touch with the executives. More than sending the notification they have to call the customers.The website is really user friendly and helpful.
      Was this review helpful? 0
      , mumbai
      Reviewed on Nov 18, 2017
    • HDFC Bank Car Loan
      "Rate of intrest was high"
      0.5 2.0/5 "Expected more"
      The rate of interest with the bank is very high. The approved rate of interest was 9.75% which was not acceptable. The pre-closure and part payment was charging too high with HDFC.The customer service and response provided by HDFC Bank was very much satisfactory.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 18, 2017
    • Bank Bazaar Car Loan
      "Professional experience"
      0.5 4.0/5 "Great!"
      I had a good and professional experience with banbazaar. They are customer friendly. I request bankbazaar to include more nationalized bank so the we can get more offers with best interest rates and charges. And its a way to promote the service too.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 18, 2017
    • Bank Bazaar Car Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I had a very good experience with bankbazaar so far, they provide good services when compared to all other sources in the market. I know bankbazaar.com from last 3-4 years. Customer service was the best and their response was prompt. The mobile application is easy to access and it is user friendly. I often receive mails from bankbazaar and whenever i require a product, my first priority is bankbazaar.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Nov 18, 2017
    • ICICI Bank Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the car loan from ICICI bank, my loan application was approved and the requested amount was disbursed. It took 3 weeks of time for the loan amount to get approved. The process was very smooth and easy, there was no delay. My car loan was approved based on the Ex-showroom price. Customer service was good, they provided door step service to collect the documents. The rate of interest was less when compared to other banks.
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      , hyderabad
      Reviewed on Nov 18, 2017
    • Volkswagen Finance Car Loan
      "Recommentable for car loan"
      0.5 4.0/5 "Great!"
      I have taken a car loan from VOLKSWAGEN FINANCE. With in 2 days i got my loan amount approved. The total disbursed amount was 4.5 lakhs with a rate of interest of 8.5%. If i have planning for a Pre closure within 24 months then 3% of the principal outstanding amount should be paid and if we are closing the loan after 24 months then 1.5% of the outstanding amount. The monthly EMI is 9234.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 18, 2017
    • Bank Bazaar Car Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      Bank bazaar customer service is really good and helpful . The website of bank bazaar is so helpful for checking Credit is so easy , website is user friendly and is easy to use . Within a day i received call form the bank bazaar executive as i registered for the loan process . It was a good experience with bank bazaar in all.
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      , ahmedabad
      Reviewed on Nov 18, 2017
    • Capital First Car Loan
      "OK OK EXPERIENCE"
      0.5 3.0/5 "Satisfactory"
      Form the CAPITAL FIRST side they were offering a higher rate of interest as compared to the other banks . The Customer service was good from the CAPITAL FIRST side they delivered all the required information form their side . Everything was fine from the CAPITAL FIRST side only i was not ok with the Rate Of Interest rest every thing was fine .it was a god experience over all .
      Was this review helpful? 0
      , ahmedabad
      Reviewed on Nov 18, 2017
    • Bank Bazaar Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      It was quite a good experience with bankbazaar so far, they provide good services when compared to all other banking websites. I know bankbazaar.com from last 4-5 years. Customer service from Bankbazaar was good and their response was prompt. The website has lot of options and it is user friendly.
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      , new delhi
      Reviewed on Nov 18, 2017
    • SBI Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      It was overall a good car loan experience with SBI, the process was very smooth and everything was done in time. Documents were collected door step and my loan amount was approved within 2 days. The loan amount was for Rs 5.9 lakhs with the rate of interest of 8.95% which is nominal. Customer service was good, they followed up on time and they responded well. The best part i found is, there are no pre closure charges.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 18, 2017
    • Axis Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have applied for the car loan from Axis bank, my loan application was closed because i have taken a car loan from other bank. When it comes to customer service, it was good, they responded on time, the only issue was with the preclosure charges. The rate of interest was nominal when compared to other banks.
      Was this review helpful? 0
      , new delhi
      Reviewed on Nov 18, 2017
    • Kotak Car Loan
      "Nice bank"
      0.5 3.5/5 "Pretty good"
      With KOTAK MAHINDRA BANK i am holding a savings account. Its been 8 months i am started using this account with them. The net banking with Kotak is great. All the other features with the bank is comfortable. The customer service and response is comfortable.
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      , pune
      Reviewed on Nov 18, 2017
    • Bank Bazaar Car Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      This was my first time experience with bankbazaar and it was good, they provide good services when compared to all other banking websites. I came to know about bankbazaar through google. Customer service from bankbazaar was good and their response was prompt. The website is easy to navigate and it is user friendly.
      Was this review helpful? 0
      , delhi
      Reviewed on Nov 18, 2017
    • HDFC Bank Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have applied for the car loan from HDFC bank, my loan application was closed because the loan amount which they were providing was not sufficient. They were providing loan for Rs 3 lakhs where as i require loan for 6 lakhs. Customer service part was good, they responded on time and regular follow ups was done. The rate of interest was nominal when compared to other banks.
      Was this review helpful? 0
      , delhi
      Reviewed on Nov 18, 2017
    • Bank Bazaar Car Loan
      "Very good services"
      0.5 5.0/5 "Blown Away!"
      The experience at Bankbazaar is overall good. The customer services are good and there are no hassles in the process. They have done a great job and they were instant to contact me and provide me with the necessary details. It was also easy to register my request on the website.
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      , tiruchirapalli
      Reviewed on Nov 18, 2017
    • TVS Credit Services Car Loan
      "Nice experience"
      0.5 5.0/5 "Blown Away!"
      FORD FIESTA CLASSIC is a nice car. I get 18 to 19 KMPH mileage with the AC on. I have taken my car loan from TVS Credit services and the customer services are good. They were very fast and they offered me loan of 3.5 Lakh. The cost of the vehicle was of 5.5 Lakh. The rate of interest was of 13%.
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      , tiruchirapalli
      Reviewed on Nov 18, 2017
    • Bank Bazaar Car Loan
      "One stop solution "
      0.5 5.0/5 "Blown Away!"
      Bankbazaar provides very good services on financial products when compared to all other banking websites. I know bankbazaar.com from 1 year and i came to know through google. Customer service from bankbazaar was good and their response was prompt. The website is easy to use, it has more options which helps me to choose the right product and they give more detailed information.
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      , ahmedabad
      Reviewed on Nov 18, 2017
    • Bank Bazaar Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My experience at Bankbazaar is good and the team has been helpful. They have supported me by processing my request to the bank and also followed up as well. The website is also neat and helpful and it is very much informative and self explanatory.
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      , bangalore
      Reviewed on Nov 18, 2017
    • SBI Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My car loan experience with SBI was very good, i have taken loan for Rs 2.75 lakhs with the rate of interest of 9.15% which is less when compared to other banks. The process was very smooth and the loan amount was approved within 4 days. Customer service was good and they responded on time, there was a bit delay in verification but its fine. There is no processing and there is no penalty on pre closure and part payment.
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      , ahmedabad
      Reviewed on Nov 18, 2017
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