Nissan Finance offers sustainable financing solutions for purchasing all types of vehicles manufactured by it. Up to 100% of the car's ex-showroom price can be availed from Nissan Finance at attractive interest rates. It offers flexible repayment options ranging from 12 months to 84 months and add-on benefits such as extended warranty, motor insurance, payment protection insurance, etc.
Interest Rate | Repayment Tenure | Loan Amount |
0% | 12 months to 84 months | Up to 100% of car's ex-showroom price |
You can avail a car loan from Nissan Finance to purchase a Nissan vehicle in just 3 steps. The steps have been described below:
To be eligible for Nissan Finance, you should satisfy the below-given conditions:
Particulars | Salaried Applicants | Self-employed Applicants |
Minimum Age | 21 years at the time of applying for the loan | 25 years at the time of applying for the loan |
Maximum Age | 60 years at the end of the loan tenure | 65 years at the end of the loan tenure |
Occupation Stability | Should be continuously employed for at least 2 years and at least 1 year with the current employer | Should be in the same line of business for at least 3 years |
Minimum Annual Income | Rs.2.5 lakh | Rs.2.5 lakh |
Other Criteria | Should have a mobile/telephone connection | Should have a mobile/telephone connection |
Salaried Applicants:
Name of the Document | Particulars |
Proof of Identity | Driving Licence, passport, Aadhaar card, Voter's ID card, job card issued by MNREGA, PAN card |
Address Proof | Passport, Voter's ID Card, Aadhaar card, Driving Licence, job card issued by MNREGA |
Income Proof | Recent 2 months' salary slips along with 3 months' bank statements |
Employment ID Card | Issued by the employer |
Self-employed Applicants:
Name of the Document | Particulars |
Identity Proof | PAN card, Aadhaar card, Voter's ID, Driving Licence, job card issued by MNREGA, Passport, etc. |
Address Proof | Passport, Voter's ID Card, Aadhaar card, Driving Licence, job card issued by MNREGA |
Income Proof | Recent 2 years Income Tax returns, own house proof with bank statements of last 3 months |
Business Registration Certificate | Issued by the authorities of central and state governments |
Answer: The repayment of the car loan availed from Nissan Finance can be done online through the portal by entering your loan account number and other personal details.
Answer: Since Nissan Finance offers up to 100% funding on the car's ex-showroom price, you need not make any down payment. However, it is recommended that you make a down payment to reduce your loan liability and to increase your chances of getting a lower interest rate on your car loan.
Answer: Yes. Nissan Finance offers prepayment facility on its car finance which means you can make full payment of your loan before the completion of your loan tenure.
Answer: Borrowers of Nissan Finance can avail car insurance from ICICI Lombard General Insurance Company Limited, Bharti AXA General Insurance Company Limited, and Reliance General Insurance Company Limited.
Answer: After you apply for a car loan from Nissan Finance, the status of your loan application will be communicated to you through email and SMS.
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