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 2 HDFC Bank Car Loan Diwali Offers
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.85% - 11.60% Fixed
    Up to ₹4,720 One time fee
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon Voucher 100% PAPERLESS APPROVAL
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    Documents
    Perks
    Fees & Charges
    Good to Know
    12.75% - 15.50% Fixed
    Up to ₹5,310 One time fee
    75K Min
    1-7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon Voucher 100% PAPERLESS APPROVAL
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    HDFC Bank Car Loan Diwali Offers is Rated as "Excellent!" by 7761 Users

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    Promised Interest Rate

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    Car Loan BYTES FROM OUR KITCHEN

    HDFC Bank Car Loan Diwali Offers

    Diwali is the most auspicious time to start something new and what can be better than buying a brand new car on this day. This is the time when car manufacturers, banks, and other financial companies offer lucrative discounts and deluge you with complimentary gift vouchers. Just grab this opportunity and buy the lavish car that you have been eyeing in the showrooms for a long time.

    To fulfil your desire of buying the dream car, HDFC Bank is providing car loans at a reasonable interest rate this festive season. The bank will finance for up to 100% of the total cost of the car that you want to purchase. The interest rate of the loan is fixed between 9% p.a. and 10.25% p.a. for new car and from 11.50% p.a. to 17.50% p.a. for pre-owned car purchases depending on the segment of the vehicle. The rate of interest has be fixed in order to shield the borrowers from unpredictable market fluctuations. While applying for the loan, the borrower needs to pay only a one-time processing fee which can be anything within Rs.10,000 based on the loan amount. Moreover, there are customised special offers and benefits for the existing customers who are planning to buy a new or pre-owned car on Diwali.

    That’s not all. If you apply for the HDFC Bank car loan through BankBazaar web portal, you will get a 30-minute approval, and immediately after the disbursal of the loan, you will receive special Diwali gifts and offers.

    Key Features of HDFC Bank Car Loan

    Car loan offered by HDFC Bank features a plethora of amazing benefits which makes it a lucrative option for all the interested buyers. These are:

    • From HDFC Bank, you can get a minimum loan amount of Rs.1 lakh and maximum Rs.3 crore with pocket-friendly EMI option for the purchase of a car.
    • The borrower can get finance on the purchase of new as well as pre-owned cars under HDFC Bank car loan scheme.
    • You will get flexible repayment options and can choose any tenure between 1 year and 7 years.
    • Borrowers need to pay a one-time processing fee. The amount depends on the loan amount and it can go up to a maximum of Rs.10,000.
    • There is no requirement of any collateral and guarantor to avail this loan.
    • After the first 12 months, the bank allows part-payment of the loan at a minimal charge.
    • The rate of interest is lower than the normal market rates and ranges between 9% p.a. and 10.25% p.a. for a new car purchase and from 11.50% p.a. to 17.50% p.a. For buying a pre-owned car.
    • To get approval, salaried individuals need to be within 21 years to 60 years of age and self-employed persons should be between 25 years and 65 years.
    • Salaried and self-employed individuals who have a minimum income of Rs.2.5 lakh p.a. are eligible to apply for a car loan from HDFC Bank. You can also co-apply with your spouse and combine his or her income to get the eligibility.
    • In case of partnership firms, the minimum turnover should be Rs.4.5 lakh in order to be able avail this loan.
    • 2 years of job tenure with minimum 1 year of experience with current employer is required in case of salaried persons. For self-employed individuals, minimum 2 years of business experience is required.
    • In addition to your car loan, you can also apply for a top-up loan from HDFC Bank.
    • Applicants need not go to the bank personally as the bank offers doorstep services to the customers.

    Car Loan Reviews

    • HDFC Bank Car Loan
      "Happy with the services"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan as well with HDFC Bank. The customer support and response is good. The loan amount is of five lakhs. The rate of interest and processing charges are normal too. The after loan services are also satisfactory. In all I am happy to bank with them.
      Was this review helpful? 0
      , new delhi
      Reviewed on Dec 13, 2018
    • HDFC Bank Car Loan
      "Good loan services"
      0.5 5.0/5 "Blown Away!"
      Probably they are charging 18% as a interest rate, I have purchased the car loan by last year. The loan amount was more than Rs. 3 lakhs. There is some processing fee. The dealer has done all the documentation process. I have got the loan in a couple of days. I have been paying the EMI of Rs. 6100. Total tenure period of the loan is 7 years.
      Was this review helpful? 2
      , guwahati
      Reviewed on Dec 12, 2018
    • HDFC Bank Car Loan
      "Interest rate should be economical"
      0.5 5.0/5 "Blown Away!"
      I got the auto loan from HDFC for Rs 2 lakhs again I have top up the car loan for Rs. 2 lakhs but I felt interest rate is not standard its quite high compared as others, the process was quick they have disbursed the amount to the dealer they delivered my car.
      Was this review helpful? 1
      , mysore
      Reviewed on Dec 10, 2018
    • HDFC Bank Car Loan
      "Excellent card"
      0.5 5.0/5 "Blown Away!"
      I have been holding HDFC credit card, there service is too good, they have charged me annual fee or not i have no idea, as i have not check that and i am happy with my credit limit they have given me up to 5,81,000 it is sufficient for me , they provide good offers in maximum products.
      Was this review helpful? 1
      , hyderabad
      Reviewed on Dec 08, 2018
    • HDFC Bank Car Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      Even for the car loan HDFC bank is good, while I was buying Alto car, they have approved partial amt, the process was good. I approached the bank through dealer, the process was simpler but long back I taken the loan, interest rate and charges was okay for me.
      Was this review helpful? 2
      , chennai
      Reviewed on Dec 06, 2018
    • HDFC Bank Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      I had taken this loan almost four or five years back and the experience has been quite good. The loan amount has been sufficient and the interest rate with them has been a bit high when compared with the market rate but it could be manageable. There has not been any sort of additional charges which has been made by them.
      Was this review helpful? 1
      , new delhi
      Reviewed on Dec 06, 2018
    • HDFC Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My car loan experience was good with HDFC bank, the process was smooth and i received my loan amount on time. Loan amount was sufficient and the rate of interest was nominal for this loan. Customer service was good and the tenure period for this loan is 3 years.
      Was this review helpful? 2
      , mumbai
      Reviewed on Dec 05, 2018
    • HDFC Bank Car Loan
      "Car loan fulfill my dream"
      0.5 4.0/5 "Great!"
      In 2016 i have purchased the car loan with HDFC. I bought the car loan around Rs. 7 lakhs, Every month o'm paying the EMI of Rs. 9300. I have chosen the tenure period of 7 years and I'm planning to pre-close the loan and i have to check that option is available or not. Car loan process was very good.
      Was this review helpful? 1
      , rajahmundry
      Reviewed on Dec 05, 2018
    • HDFC Bank Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I took a car loan from the HDFC BANK. The agent came and collected documents got the loan with in few days.The loan amount was satisfactory. The whole process was smooth. The interest rate was normal when I took the loan. The tenure period is 5 year and i am happy with services .
      Was this review helpful? 2
      , hyderabad
      Reviewed on Dec 05, 2018
    • HDFC Bank Car Loan
      "Hassle free process"
      0.5 5.0/5 "Blown Away!"
      HDFC Bank is good overall in the car loan services. The rate of interest and processing charges are normal. The customer support and response was on time and the loan was also processed on time. The after loan services are good too. No hassles in all.
      Was this review helpful? 0
      , kolkata
      Reviewed on Dec 05, 2018
    • HDFC Bank Car Loan
      "Satisfactory"
      0.5 5.0/5 "Blown Away!"
      My car loan is with HDFC Bank and as always the process was smooth and easy. I got a good deal on the interest rate and charges. The after loan services are also good. The documentation was done on time and I got the loan as needed. Satisfactory overall.
      Was this review helpful? 0
      , chennai
      Reviewed on Dec 05, 2018
    • HDFC Bank Car Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      The process is easy to get the car loan with the HDFC BANK where i have got the loan amount within 2-3 hours. The loan amount is good they have given the amount which is sufficient also the rate of interest is of 8.8-8.9% which is nominal. Duration is for 5 years also the customer service is responsive.
      Was this review helpful? 1
      , mumbai
      Reviewed on Dec 04, 2018
    • HDFC Bank Car Loan
      "Best Service"
      0.5 4.5/5 "Excellent!"
      My car loan experience was good with HDFC bank, the process was smooth and i received my loan amount on time. Loan amount was sufficient and the rate of interest was nominal for this loan. Customer service was good and the tenure period for this loan is 3 years.
      Was this review helpful? 1
      , pune
      Reviewed on Dec 01, 2018
    • HDFC Bank Car Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan with HDFC Bank and it was taken 2 years back. It is on going and the loan duration is 48 months. I have purchased a Hyundai car. The loan process was faster and immediate. I am happy with the interest and charges. They do have option for foreclosure.
      Was this review helpful? 4
      , noida
      Reviewed on Nov 29, 2018
    • HDFC Bank Car Loan
      "Good In Service"
      0.5 5.0/5 "Blown Away!"
      At the time of applying for a car loan with HDFC bank things were easy and good. Application was processed on time. The only thing i want HDFC to take care is their control options given on the toll free number. Whenever the toll free number is dialed i find it hard to reach to the option where i will be connected to the customer support executive The customer support option is not available on the front end itself. Apart from this HDFC services are good.
      Was this review helpful? 1
      , chennai
      Reviewed on Nov 29, 2018
    • HDFC Bank Car Loan
      "Good Card to use"
      0.5 3.0/5 "Satisfactory"
      I have my credit card approved with HDFC bank and the experience was good, i received my credit card within 7-8 days. Rs 1000 has to be paid as an annual fee. I use this credit card for multipurpose but this credit card is not accepted on all the places. Credit limit is sufficient in this credit card.
      Was this review helpful? 2
      , chennai
      Reviewed on Nov 29, 2018
    • HDFC Bank Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My car loan experience was good with HDFC bank, the loan amount was based on my requirement and the rate of interest was nominal when compared to others. Customer service was good and they responded on time. The tenure period for this loan is 5 years.
      Was this review helpful? 1
      , coimbatore
      Reviewed on Nov 29, 2018
    • HDFC Bank Car Loan
      "Average"
      0.5 4.0/5 "Great!"
      My credit card was taken with HDFC BANK , i am holding this card for past 3month . The process was good but the card was delayed it took week to reach . There is joining fee at the time of getting the card but there is no waive off option . Benefits were good reward point and cash back .
      Was this review helpful? 2
      , ahmedabad
      Reviewed on Nov 28, 2018
    • HDFC Bank Car Loan
      "GOOD SERVICE"
      0.5 4.0/5 "Great!"
      I have taken the card loan with the HDFC BANK from past two years where the loan amount is sufficient added on that the They have provided the 90% of the amount. The rate of interest is with the best price. The process is very simple to get the loan.
      Was this review helpful? 3
      , new delhi
      Reviewed on Nov 28, 2018
    • HDFC Bank Car Loan
      "Easy to approach"
      0.5 5.0/5 "Blown Away!"
      I purchase Maruthi Alto K10 car, they fulfill my requirement. They approved the entire loan amount, on time they helped to deliver my car. The interest rate is also best, they have auto debit my monthly due amount. I am completely satisfied with the bank.
      Was this review helpful? 3
      , chennai
      Reviewed on Nov 26, 2018
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