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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  • Car Loan Reviews

    • Bank Bazaar Customer Support
      "Best"
      0.5 5.0/5 "Blown Away!"
      Everything is good one with the Bankbazaar.com, also everything is fine with them. I came to know about Bankbazaar.com through my friends. Response and other things are really good. Website of the Bankbazaar.com is very good and clear too.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 22, 2017
    • Axis Bank Car Loan
      "Satisfactory "
      0.5 5.0/5 "Blown Away!"
      I have postponed my plan for long time and that's why I have not went ahead with the Axis bank for the car loan. The interest rate was okay for me customer service was good one with them and the response too. All of the time things are okay with the Axis bank.
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      , pune
      Reviewed on Aug 22, 2017
    • Bank Bazaar Customer Support
      "Nice experience"
      0.5 4.0/5 "Great!"
      The follow up process was good at Bankbazaar as it was a continuous follow up till the end. As soon as I registered I received an acknowledgement SMS, it would have been better if the call was also immediate as I got the call quite later. The website is good and user friendly.
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      , new delhi
      Reviewed on Aug 22, 2017
    • Bank Bazaar Customer Support
      "Its Excellent "
      0.5 5.0/5 "Blown Away!"
      I am fully satisfied with Bank Bazaar, is good. your Bank Bazaar executives are helpful and supportive on the loan product. The site is easy to check all the competitor rates without visiting to the bank. I am very fine with the Bank Bazaar its upto the mark.
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      , new delhi
      Reviewed on Aug 22, 2017
    • ICICI Bank Car Loan
      "Its Good"
      0.5 5.0/5 "Blown Away!"
      I was out o f station hence I am unable to take car loan right now. But I am planning to take the car loan end of this month. I am happy with ICICI, they called and helped on loan process. But I felt, interest rate was high when compared with HDFC bank.
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      , new delhi
      Reviewed on Aug 22, 2017
    • HDFC Bank Car Loan
      "Overall good "
      0.5 4.0/5 "Great!"
      HDFC Bank was good in the car loan process. The customer services is good and the experience was nice overall. I was also comfortable with the interest rate and processing charges. I got a rate around 8% and there is a lock in period of 18 months for a prepayment option.
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      , new delhi
      Reviewed on Aug 22, 2017
    • Bank Bazaar Customer Support
      "Its great"
      0.5 5.0/5 "Blown Away!"
      When I was in trouble Bank Bazaar helped me to get the best scheme from the market when I directly visit to the bank, they haven't responded. Through Bank Bazaar made everything possible executive helped on it. I am fine with Bank Bazaar website all offers in one stop.
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      , ahmedabad
      Reviewed on Aug 22, 2017
    • HDFC Bank Car Loan
      "Its Nice"
      0.5 5.0/5 "Blown Away!"
      I have inquired for the car loan, my dealer insisted me to go with their tie up banks. Hence I don't get opportunity to go with HDFC. But they are good in response, they have called me and confirm my required, HDFC rate of interest and processing fee is also fine.
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      , ahmedabad
      Reviewed on Aug 22, 2017
    • Kotak Car Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      My car loan is from Kotak Mahindra Bank. The services was too good from them. The response was good as well. I just had to submit few documents like normal documents It was a simple process. The rate of interest offered was normal and processing fee was also normal and the tenured was for 5 years of time over all it was very good experience availing car loan from kotak.
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      , ahmedabad
      Reviewed on Aug 22, 2017
    • Bank Bazaar Customer Support
      "Easy to get a loan"
      0.5 4.5/5 "Excellent!"
      I thought it would a tough job for me to get a loan. But it was very convenient for me to get through with the bank because I logged into the website of Bankbazaar. The customer support is excellent, I got a response immediately as soon as I registered and they helped me through.
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      , chennai
      Reviewed on Aug 22, 2017
    • Sundaram Finance Car Loan
      "Overall good "
      0.5 4.5/5 "Excellent!"
      The experience was good at Sundaram finance for the car loan. I got the loan on time and the process was also quick for the document collection. I can make a prepayment after one year. The interest rate is of 9.5% and the processing charges is of 2.5%
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      , chennai
      Reviewed on Aug 22, 2017
    • Bank Bazaar Customer Support
      "Instant services"
      0.5 5.0/5 "Blown Away!"
      This is my first time at Bankbazaar and I am very happy about the experience. I just casually registered my details, and to my surprise I received a call instantly and I was given the details of the banks and I also got a good deal as well. It is a perfect process.
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      , new delhi
      Reviewed on Aug 22, 2017
    • HDFC Bank Car Loan
      "Experience is good"
      0.5 5.0/5 "Blown Away!"
      HDFC Bank has always been fine in the customer services. I have taken a car loan and the documentation is nominal. I also checked about the prepayment, I was informed that I could do the same after six months. The interest rate was around 8.75% and the processing charges was 3K.
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      , new delhi
      Reviewed on Aug 22, 2017
    • Bank Bazaar Customer Support
      "Wonderful"
      0.5 4.0/5 "Great!"
      Bankbazaar.com is good and I have got lot of information regarding the different information and the bankers. Response with the Bankbazaar.com is an immediate one. Customer service is also a good one with the Bankbazaar.com.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 22, 2017
    • Axis Bank Car Loan
      "Wonderful"
      0.5 4.5/5 "Excellent!"
      I have decided to go ahead with the full payment to get the car, which I have finalized and that's why I have not deal with the Axis bank. Response and the customer service was good one with the Axis bank. In future ,I would like to go ahead with the Axis bank.
      Was this review helpful? 0
      , mumbai
      Reviewed on Aug 22, 2017
    • HDFC Bank Car Loan
      "Fantastic service"
      0.5 5.0/5 "Blown Away!"
      HDFC car loan service is really good, they provide me a fantastic service and their representatives were very much helpful. The process followed by them was very quick and very good interest because the rate of intrest for my car loan was very low when compared to others banks within 2 to 3 days they completed my car loan process for me which was very helpful for me so it was really a good service I received from HDFC.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Aug 22, 2017
    • Bank Bazaar Customer Support
      "Review"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar have a good customer support and gave me timely response on all financial products. Many time I have visited Bank Bazaar to compare benefits of right product. People of Bank Bazaar gave me good support and prompt response on my queries.
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 22, 2017
    • Bank Bazaar Customer Support
      "Easy to Navigate"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar has a good online option, to explore the offers. The website is very good to navigate and take the best products and also they are giving customer oriented service. I got instant call from your end then they guided me to connect with the bank.
      Was this review helpful? 0
      , kanchipuram
      Reviewed on Aug 21, 2017
    • HDFC Bank Car Loan
      "Customer Satisfactory"
      0.5 5.0/5 "Blown Away!"
      I bought Duster car worth Rs. 4 lakhs, HDFC sanctioned without insurance amount of Rs. 3.3 lakhs with the interest rate of 10.5% it is normal as per other competitor. In term of Service is also good and I got very much satisfactory service from HDFC.
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      , kanchipuram
      Reviewed on Aug 21, 2017
    • Bank Bazaar Customer Support
      "Very Good service"
      0.5 5.0/5 "Blown Away!"
      Most assuredly I would say bankbazaar service is really good also their customer care executives were very much helpful. The process was very fast when I approached bankbazaar I was personally contacted by bankbazaar executives and I guess it was purely because of bankbazaar my car loan was processed quickly by HDFC. In the near future If I need any financial assistance I would definitely make it a point to visit this site.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 21, 2017
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    Car Prices in India is Rated as "Great!" by 28701 Users

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    Promised Interest Rate

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    Car Loan BYTES FROM OUR KITCHEN

    The car market in India has expanded dramatically in the last two decades. We have seen a number of car manufacturers from all around the world launching their cars and brands in India. Indian car manufacturers have also blossomed introducing a number of models and variants over the years. Some of the leading manufacturers in the country include Tata, Mahindra & Mahindra, and Maruti Suzuki. From compact and budget-friendly hatchbacks to luxurious and expensive sedans and SUVs, the Indian roads see a diverse range of cars. The price range of these cars start at a few lakhs and end at a few crores.

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    Car Price Range in India

    India’s leading automobile manufacturer Tata had launched the Tata Nano as the car that would cost Rs.1 lakh. However, only the first few buyers got this price. The current ex-showroom price in Delhi for a base model is about Rs. 2 lakhs. The highest on road price for the Tata Nano is about Rs. 3.64 lakhs. However, the Nano has an unmatched competitor that has had a long-run in the market and is still going strong. The budget-friendly Maruti Suzuki Alto starts at Rs. 2.52 lakhs ex-showroom and dominates the market as the highest selling car.

    In between, India seems to have an unlimited supply of mid size cars, vans, MUVs, MPVs, sedans, executive cars, and premium cars. These cars usually fall between Rs. 6 lakhs up to Rs. 35 lakhs.

    Right on top, India has the cars that turn heads on the roads with their large size and smooth drive. These cars fall under the categories of luxury cars, super luxury cars, SUVs, convertibles, sports cars and super cars. These cars cost nothing less than Rs. 50 lakhs and roll into crores. The Jaguar XJ, Porsche Cayenne, Porsche Cayman, and the Audi RS5 are some of the cars that cost little over a crore. The most expensive cars available in the country range between Rs. 8.5 crore and Rs. 13 crore. These cars include the Conquest Evade, Bugatti Veyron and the Koenigsegg Agera. With so many choices in the automobile market, it’s no wonder that the price range varies so much. Looking at the different segments of cars, we can estimate a price range for the cars.

    Table of Car Price Range in India

    The prices below are an estimate according to the segment of cars. For detailed prices, please refer to the page of your selected car.

    Car Segment

    Type

    Estimate

    Examples

    A

    Hatchbacks

    Rs. 2 lakhs - Rs. 5 lakhs

    Alto, Spark, Nano, Eon

    A1

    Hatchbacks

    Rs. 7 lakhs

    Santro, Indica, Beat

    A2

    Hatchbacks

    Rs. 7 lakhs to 10 Lakh

    Ritz, i10, i20, Swift, Figo

    B1

    Vans

    Rs. 2 lakhs - Rs. 5 lakhs

    Eeco, Omni, Versa

    B2

    MUV/MPV

    Rs. 7 lakhs - Rs. 17 lakhs

    Sumo, Innova

    C1

    Sedan

    Rs. 6 lakhs - Rs. 10 Lakh

    Indigo, Fiesta, Sunny

    C2

    Sedan

    Rs. 8 lakhs - Rs. 13 lakhs

    Verna, Manza, Linea

    D1

    Sedan

    Rs. 15 lakhs

    Fluence, Corolla

    D2

    Sedan

    Below Rs. 35 Lakh

    Accord, Camry, Kizashi

    SUV

    SUV

    Rs. 5 lakhs - Rs. 13 crores

    Vitara, CRV

    News About Car Prices in India

    • GST Benefits of Jaguar Land Rover to be Passed on to Customers

      The cost of assembling cars has reduced by almost 12% for Jaguar Land Rover. Manufacturers are working towards passing the GST benefits to their customers as a result. Following BMW and Mercedes-Benz, Jaguar Land Rover is the next to step up and make an announcement to reduce prices for the cars that are manufactured locally. The decline in prices is applicable on the XJ, XF and XE in the Jaguar portfolio as well as the Range Rover Evoque and Discovery Sport from Land Rover’s stable. The decline in prices is expected to differ from state to state and will be based on the model. GST is expected to come into effect from the 1st of July this year, but the decline in prices has been passed on to the customers already.

      13th June 2017

    • Geely Auto buys the British Sports Car Maker Lotus

      Chinese automaker Geely Auto has acquired stakes worth 51% in Lotus Cars and Lotus Engineering. The company also owns Volvo Car Corporation and The London Taxi Company. The purchase of stakes in Lotus Group was a part of the dealings in which Geely Auto bought 49.9% equity in Proton Holdings, a Malaysia-based automobile design and manufacturing company. With the fresh funds received from Geely, the long awaited SUV and third-generation sports car of Lotus can be launched soon. Lotus can also use the Drive-E range of engines of Volvo instead of Toyota powertrains.

      8th June 2017

    • BMW launches M760Li xDrive in India 

      M760Li xDrive is considered to be the most powerful production of BMW and it will be the flagship product for its Indian portfolio.The 17 feet long sedan is powered by a 6.6 litre V12 engine. It’s ex-showroom price is Rs.2.27 crores in Delhi showrooms. At present, this is the most expensive BMW car available in the country. It is available in two models, M760Li xDrive and M760Li XDrive V12 Excellence. As the flagship vehicle of BMW, it is provided with all the luxuries a buyer can imagine. It combines the performance features of BMW M series and the luxury of 7 series.

      29th May 2017

    • Nissan Explains Solid Oxide Fuel Cell Technology

      One of the worst things that can happen to a automobile manufacturer is unavailability of fossil fuel. Car are manufactured after deciding on the fuel type. Scarcity of fossil fuel has pushed many carmakers to switch to alternative ways to run their cars. Apart from petrol, diesel, and LPG, electricity is the next best option in the hands of many automobile manufacturers. Nissan also has an electric car called LEAF which is the best-selling car in its segment. However, during the Rio Olympics held in August, 2016, Nissan inaugurated their brand new SOFC-powered car, Renova Bio 2030. Explaining the technology, Nissan stated that SOFC technology uses bioethanol electric power to charge the vehicle. E-bio fuel cells which are 100% fuelled with ethanol is used to charge 24kwh battery. This battery is sufficient to drive the car up to 600 kms. Nissan proudly states that this technology will have zero emissions and will be completely eco-friendly.

      10th January 2017

    • A history of the Mini Clubman recently launched in India

      The Mini Clubman has been launched in India for Rs.37.90 lakhs. In the early days, the Mini Clubman was a family car with only 2 doors, later it got 2 more doors, and became the largest Mini to be ever made. Originally, the Mini was a two-door car that could seat 4, while the Clubman nameplate represents a four-door Mini. In 1969, Roy Hanes had restyled the Mini which was then called the Mini Clubman.

      When BMW took over the Mini brand, it didn’t have the rights to use the names, ‘Countryman’ and ‘Traveller’ (names used for two-door cars). However, BMW had bought the name, 'Clubman', and used it to refer to the Mini's estate version. The 1st generation Mini Clubman didn’t have 4 doors, but the car was bigger than the regular Mini. It had bi-parting cargo area doors and the 'Clubdoor'. The 2nd generation Mini Clubman has 4 doors without the Clubdoor, but has the bi-parting cargo area doors. It is the largest Mini to be made by BMW till date.

      3rd January 2017

    • Mitsubishi re-launches the Montero with a price tag of Rs.67.88 lakh

      Japanese car manufacturer Mitsubishi has reintroduced the Montero at a price of Rs.67.88 lakh in India, which is the ex-showroom price in Mumbai. As it will be imported via the Completely Built Unit (CBU) route, the import tax will be heavy. There will be minor cosmetic changes in the new Montero which will start its deliveries in the first week of December 2016. Externally, the new Montero receives new daytime running lights, projector headlamps, and chrome treatment on its radiator grille. Although, the refurbished model is very similar to its predecessor, the rear-wheel arches are going to stand out. It will be powered by a 3.2-litre diesel motor coupled to a five-speed auto box and a smart all-wheel drive system. The price of the new Mitsubishi Montero is in the league of the Volvo XC90, the BMW X5, and the Audi Q7. Car enthusiasts can make an online comparison of car loans on third-party websites like BankBazaar to make a sensible decision.

      23rd December 2016

    • Mercedes-AMG E63 to be Officially Launched in Mid-December

      Mercedes benz has released the 2017 edition of its E class, Mercedes-AMG E63 at Detroit Auto Show held this year. The car will be officially launched in the Los Angeles Motor show to be held in December. Its prominent features are broader wheel arches, improved radiator grille and a remarkable V8 BITURBO 4MATIC+ badging on the car’s front fender. It also features 10 spoke, 19 inch alloy wheels for the E 63 model and twin 5-spoke, 20 inch alloy wheels for the E 63 S model. The model houses two twin exhaust units on either side of the diffuser.

      19th December 2016

    • Tata Motors Making Efforts to Become the Third-Largest Passenger Vehicle by 2020

      In Spite of selling some good numbers, Tata Motors has still not been able to make a prominent mark in the passenger vehicle sector. But, now they have set a new target for themselves. They are aiming to become the third-largest passenger vehicle manufacturer by 2020. In an effort to achieve this goal, the company is planning to line up a lot of products in the market. They will be focussing more on the compact SUV, executive sedan segments. They are hoping that these actions will help them push their position from fifth to third. According to Mayank Pareek (President, Passenger Vehicles Business Unit, Tata Motors), they want to capture 100 percent of the market. They have already made plans for the next five years.

      2nd December 2016

    • Toyota Kirloskar Motor Join Hands with Uber

      Toyota Kirloskar Motor has decided to join hands with Uber for a business plan. Together, they will be working towards providing end-to-end vehicle buying solutions for drivers operating on Uber. Around 90% on-road funding will be provided for the Etios and Liva models. However, this is only applicable for the first time drivers. The scheme will continue to be applied till December 31, 2016. According to N.Raja(Director, Sales and Marketing at Toyota Kirloskar Motor), this step will contribute a lot in meeting the mobility needs of an average Indian in a more efficient way.

      Ola also had previously partnered with Mahindra & Mahindra and launched the ‘Mahindra-Ola Package’. As per the package, special rates and maintenance packages were offered to the driver partners.

      23rd November 2016

    • Sao Paulo International Motor Show 2016

      The Honda WR-V will make its debut at the upcoming Sao Paulo International Motor Show 2016 but design sketches of the crossover hatchback have already been revealed. The Honda WR-V is based on the Jazz and stands for “Winsome Runabout Vehicle”. The sketches show the car sporting an aggressive front bumper with faux skid plate, a single split grille and redesigned headlamps. The sketches also revealed that the car will have special alloy wheels, roof rails and a raised ride height. The back of the car has redesigned tail lamps and a redesigned bumper with skid plates. The car will be powered with a 1.2 litre i-VTEC engine and a 1.5 litre i-DTEC diesel engine. There will be options of a 5-speed and 6-speed manual transmission or a CVT automatic transmission. The interiors are expected to match the Jazz although it will get a few changes. Honda had released its first crossover hatchback, the Honda Fit Twist, in 2012 in the South American market. The WR-V is being developed at its facility in Brazil to meet the demand for the crossover in South America. The Honda WR-,V is expected to hit the Indian market next year and will compete against the Fiat Avventura, Toyota Etios Cross, Volkswagen Cross Polo and the Hyundai i20 Active.

      21st November 2016

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