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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    Diwali Car Loan Offers

    As the year end approaches, offers and discounts from banks and financial institutions on various loans pour in. It is the festival of lights and it’s time to drive home a car and light up your world. The best way to buy a car is through car loans because, not everyone can afford to buy it completely with cash. So we have gathered some best offers for you from our partnered banks which will help you make the best decision on car loans:


    Axis Bank car loan offer:

    Buy your dream car with a loan from Axis Bank that is loaded with exclusive benefits. Loan to value is sanctioned up to 95% of the ex-showroom price and up to 85% financing is available for on road price. Pay back the loan with low EMIs spanning over 7 years. The loan disbursement is quick and easy with an interest rate of 11%. You can also avail special schemes and offers if you hold a salary account with Axis bank. Loans are available for used cars as well.

    Federal Bank car Loan:

    The car loans offered by Federal Bank carry a host of benefits such as low interest rates, low car loan EMIs and longer tenures. Up to 100% funding is available on ex-show room price and you can also opt for zero percent down payment option as well. Repayment of loan can be done in a maximum of 84 months. Free accidental insurance for the owner of the car up to Rs.10 lakh can be availed. All fees and charges associated with the loan are clear and transparent. The loan is available to buy new or used vehicles.

    HDFC car loan offers:

    Get 100% finance to buy the car of your choice with tenures of up to 7 years. HDFC Bank promises car loan approval within half an hour and quick processing of the application. You can check if you are eligible for a car loan in 1 minute. HDFC also offers “No income document schemes”. The interest rates are 11.50% and 13.75% depending on the car segment. So you will be protected against market fluctuations. Get a loan for a used car or a brand new one.

    ICICI car loan offers:

    If you need 100% finance on your car, then this loan is a good option for you. ICICI Bank offers loans for up to 100% of the ex-showroom price of the car. Interest rates vary according to the tenures chosen by you, up to 23 months interest rate is 12.75%, from 24 -35 months it is 12.25% and there onwards for 84 months it is 10.75%. The ICICI Bank car loan has much to offer to individuals who desire to own a car. There are special pre-approved car loan offers for existing ICICI Bank customers. Loans are available to buy a new car or a pre-owned car. Approvals are fast and paper free and all important documents will be processed via e-mail.

    TVS Credit Services car loan offers:

    Finding an affordable car loan is the easiest task when you buy with BankBazaar. TVS Credit Services puts an end to your search by offering used car loan schemes with extensive options and flexibility so that you can drive home in your car sooner. The loans are available only for pre-owned cars which are manufactured in India. Tenures stretch up to 5 years. TVS Credit Services also offers loans with no income documents. The loan quantum offered can go up to 15 times your gross monthly income.

    Dena Bank car loan offer:

    DENA Bank offers auto loans to help you drive home the car you desire. Get a loan to finance your vehicle with 15% margin. If your salary is credited to DENA bank, you can get your margin reduced to 10%. The loan comes with a host of benefits including low interest charged on a daily reducing balance, zero prepayment fee, and low processing fees of just Rs.500 plus tax. The loan will be disbursed to the authorized dealer directly. Repayment periods stretch up to 84 months. Loans are also available for used cars that are within 3 years old.

    Andhra Bank Car loan offer:

    For those who find themselves unable to take a car loan because they don’t meet the eligible income bracket, a car loan from Andhra Bank might be the right deal for you. Andhra Bank requires individuals to have a minimum income of Rs.1 lakh p.a. to be eligible for a four-wheeler loan. There are special offers for women borrowers. As Diwali bonus, processing fee has been waived of till October 31st.

    Capital First Car loan offer:

    Capital First offers loans to purchase pre-owned cars at competitive rates of interest. The loan requires minimal documentation. Get 120% of vehicle’s value as loan with 100% LTV. To be eligible for this loan, you should be at least 21 years old with a total work experience of 1 year for big corporates, and 2 years for others and cars that are up to 10 years old. The loan can be availed at Capital First branches in major cities of India.

    Find your ideal car loan by using EMI calculators and credit scores available on the BankBazaar website. Do a thorough research before you apply for any car loan. But if you are applying for car loans through BankBazaar, then your research is already completed; because we bring you the best from the market to suit your needs first. Choose the best plan which suits your whims and fancies and celebrate this Diwali by making the car you desire the car you own. GST of 18% is applicable on all banking products and services.

    Apply for a car loan on BankBazaar and get a Gift Card from Amazon worth Rs.2,500. These offers are available to customers who apply for their car loan with partner banks between 1st October and 31st October.


    How to get the offer for Car Loans – October 2017

    • Apply for any eligible car loan product on BankBazaar website that suits you the best.
    • Avail the car loan services from the BankBazaar website and complete all the processes.
    • Once the loan is disbursed, you will receive Amazon gift voucher worth Rs.2,500.
    • The voucher will be sent to the email ID provided in the application upon the disbursal of your car loan.
    • To redeem your Amazon gift card or for more information about it, visit www.amazon.in or download the Amazon app today.
    Apply for Car Loan Online

    How to use the Amazon Coupon Code and terms of usage:

    • Go to www.amazon.in/addgiftcard
    • Enter email ID and password for your amazon account. If you are not an Amazon customer, create an account to log in.
    • Click on sign-in using secure server.
    • Enter gift card code and click on ‘add to your account’. The balance is now added to your account.
    • You can add multiple codes using the same process.
    • Please check the coupon e-mailer for coupon validity date.
    • For further information, visit www.amazon.in for usage rules and detailed terms and conditions.

    Disclaimer: Please note that this offer is valid from 1st October 2017 to 31st October 2017 on BankBazaar website

    Car Loan Reviews

    • HDFC Bank Car Loan
      "good service"
      0.5 5.0/5 "Blown Away!"
      I have taken car loan with HDFC BANK . There is no hidden charges. I use to pay EMI per month and tenure period is 5years. I am satisfied with customer service. I did not remember about processing fee. My loan experience was good. My loan amount is up to the mark and interest rate is 9% it is nominal in the market. There is no preclosure option .
      Was this review helpful? 1
      , gurgaon
      Reviewed on Aug 14, 2018
    • HDFC Bank Car Loan
      "Overall good experience"
      0.5 5.0/5 "Blown Away!"
      I have also taken a car loan with HDFC Bank and the process to get this loan is good. There were no hassles as there was minimal documentation. The rate of interest and processing charges is normal. The after loan services are also good and convenient.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 14, 2018
    • Canara Bank Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My home loan was taken with CANARA BANK 20 years back. The loan amount was 10 lakhs and the interest rate was satisfactory . The tenure period was 15 years . The customer service and responses was very good. The documentation was very smooth,
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2018
    • SBI Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      My car loan was taken with SBI 2 years back.The loan amount was 6 lakhs and the interest rate was satisfactory . He tenure period was 5 years.There is no issues faced with the service here. The customer service and responses was up to the mark. There is no processing fee at all.
      Was this review helpful? 1
      , bangalore
      Reviewed on Aug 14, 2018
    • HDFC Bank Car Loan
      "Satisfactory"
      0.5 4.0/5 "Great!"
      My car loan was taken with HDFC bank 2 days back. The loan amount was 6 lakhs and the Interest rate was 14.5% which see bit high . The tenure period was 5 years. The customer service and responses was very good. They have sanctioned the loan with the committed time. They have lot of formalities and pre closer is after 6 months here.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2018
    • Bank Bazaar Car Loan
      "good service"
      0.5 4.5/5 "Excellent!"
      I came to know about BANK BAZAAR website through online when i am searching for loan. Mostly i use this website to check credit scores and credit card offers . I have been using bank bazaar for past 2year . Customer service response is pretty good. My experience was good with BANK BAZAAR.
      Was this review helpful? 0
      , tirupati
      Reviewed on Aug 14, 2018
    • TVS Credit Services Car Loan
      "good service"
      0.5 4.5/5 "Excellent!"
      I have taken car loan with TVS CREDIT services . So far my experience is good with this bank i have not face any inconvenience at the time of documentation . Initially they said interest rate is 8% but later they charge 15% . I use to pay 11000 as EMI and processing fee is 5% on loan amount . There is option for preclosure and it is free . My loan amount is 4.6 lakh and processing fee is 15% .
      Was this review helpful? 0
      , tirupati
      Reviewed on Aug 14, 2018
    • Bank Bazaar Car Loan
      "good service"
      0.5 4.0/5 "Great!"
      I have been using BANK BAZAAR services for past 4year, i am happy with the banking services which has been provided through this bank is pretty good . Customer service response is good they are very helpful. Mostly i use this website to check loan . I came to know about this website through online .
      Was this review helpful? 0
      , allahabad
      Reviewed on Aug 14, 2018
    • HDFC Bank Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have taken car loan from HDFC BANK . There is no hidden charges. I use to pay 17900 as EMI per month . Customer service response is quick and smooth . Processing fee is 9000 and tenure period is 5yaer . My loan experience was good. My loan amount is 856000 and interest rate they promise me to charge 9% but they charge 9.5%. So far my experience is good with HDFC BANK .
      Was this review helpful? 0
      , allahabad
      Reviewed on Aug 14, 2018
    • Bank Bazaar Car Loan
      "Good"
      0.5 4.5/5 "Excellent!"
      I have been using BANK BAZAAR services for past 3 month . I came to know about this website through online when i was searching for credit card even i use to search for loan . Customer service is good and they responded on time . So far my experience is good with BANK BAZAR.
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 14, 2018
    • Capital First Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      I have taken car loan from CAPITAL FIRST and my loan experience was good. My loan amount is 510000 and interest rate is 13.5% and it is satisfactory.There is no hidden charges. I used to pay EMI per month and tenure period is 3years. I am satisfied with customer service. Processing fee is 14300 and it is nominal in the market. There is an option for preclosere and it is 5% on loan amount .
      Was this review helpful? 0
      , new delhi
      Reviewed on Aug 14, 2018
    • Bank Bazaar Car Loan
      "Best service"
      0.5 5.0/5 "Blown Away!"
      I have been using BANK BAZAAR services for past 6month, i came to know about this website through mail which i use to get on regular basis from bank bazaar . Customer service is good they are very helpful . Till now i have not started using mobile application of bank bazaar.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2018
    • HDFC Bank Car Loan
      "good service"
      0.5 4.0/5 "Great!"
      I have taken car loan with HDFC BANK and my loan experience was good i did not face any issues at the time of documentation. My loan amount is up to the mark and interest rate is 9% and it is too high compare to others.I use to pay 21000 as EMI per month including insurance and tenure period is 5years. Processing fee is 4000. There is no hidden charges. I am satisfied with customer service.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 14, 2018
    • Bank Bazaar Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have been using BANK BAZAAR services 3year back. Mostly i use this website for credit card offers . Customer service is excellent they answer to all my question point to point, i did not face any difficulty at any point of time.So far my experience is good with bank bazaar.
      Was this review helpful? 0
      , tiruchirapalli
      Reviewed on Aug 14, 2018
    • HDFC Bank Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have taken car loan from HDFC BANK and my loan experience was good i did not face any issues at the time of documentation. My loan amount is up to the mark and interest rate is fine and it is satisfactory.I use to pay 6930 as EMI per month and tenure period is 5years.There are no hidden charges. I am satisfied with the customer service.
      Was this review helpful? 0
      , tiruchirapalli
      Reviewed on Aug 14, 2018
    • HDFC Bank Car Loan
      "best services"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan from HDFC BANK and my loan experience is pretty good. My loan amount is up to the mark and interest rate is it is nominal in the market. There are no hidden charges. Customer service is good i did not face any issues at the time of documentation.They did not charge for processing fee. The process was very quick no challenges faced till date.
      Was this review helpful? 0
      , secunderabad
      Reviewed on Aug 14, 2018
    • HDFC Bank Car Loan
      "Best services"
      0.5 5.0/5 "Blown Away!"
      I have taken car loan from HDFC BANK . There are no hidden charges. I use to pay 11077 as EMI per month . I am satisfied with customer service. Processing fee is 1% on loan amount and it is nominal. My loan experience was good. My loan amount is 6.8 lakh and interest rate is 8% it is nominal in the market . So far my experience is good with HDFC BANK .
      Was this review helpful? 0
      , kumbakonam
      Reviewed on Aug 14, 2018
    • Bank Bazaar Car Loan
      "good services"
      0.5 5.0/5 "Blown Away!"
      I have been using BANK BAZAAR services for past 3years . Mostly i use this website to check personal loan . I came to know about bank bazaar through online and i did not face any issues at the time of documentation . The services which has been provide with this bank is good compare to others . For the first time i have taken financial product from bank bazaar.
      Was this review helpful? 0
      , kumbakonam
      Reviewed on Aug 14, 2018
    • TVS Credit Services Car Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan with TVS CREDIT BANK. I am disappointed with customer service because they have not provided me original rc book they hold that they did not informed me initially about this. Apart from this my loan experience is pretty good. The process was very quick no challenged face . My loan amount is 2.5lakh and interest rate is 13% it is nominal in the market. There is no hidden charges. I use to pay 5000 as EMI per month. Processing fee is 2000 .
      Was this review helpful? 0
      , kumbakonam
      Reviewed on Aug 14, 2018
    • Bank Bazaar Car Loan
      "The customer service and responses were good"
      0.5 4.0/5 "Great!"
      I have been using BANK BAZAAR services from past so many months . I have not started using mobile application . For the first time i have taken financial product from bank bazaar . The service which has been provided through this bank is pretty good compare to others. Customer service si up to the mark . I came to about this website through this online portal.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 14, 2018
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