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 Coimbatore Car Loan
    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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    Eligibility Criteria
    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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    Eligibility Criteria
    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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    Eligibility Criteria
    8.75% - 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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    Fees & Charges
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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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    Eligibility Criteria
    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
    What you'll love
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    Fees & Charges
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    Eligibility Criteria
    12% - 13% Fixed
    1% One time fee
    50K - 10L
    1-4 Years
    Response Time : Within 30 minutes
    What you'll love
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  • Coimbatore Car Loan is Rated as "Excellent!" by 378 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Car Loan BYTES FROM OUR KITCHEN

    Coimbatore Car Loan

    Coimbatore is the second largest urban agglomeration in Tamil Nadu. Its known as the ‘Manchester of South India’ and it’s also the second largest software producer in the state.

    About Car Finance: Personal Car Finance is a complete subsector of personal finance, with numerous different products available. These include a straightforward car loan, hire purchase, personal contract hire (car leasing) and Personal Contract Purchase. Therefore car finance includes but is not limited to vehicle leasing. These different types of car finance are possible because of the high residual value of cars and the second hand car market, which enables other forms of financing beyond pure unsecured loans.


    You’re probably eligible for an Coimbatore Car Loan if you are

    01
    02
    03
    04
    Coimbatore Car Loan Minimum Age

    At least 21 years old

    Coimbatore Car Loan Maximum Age

    Less than 67 years old

    Coimbatore Car Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Coimbatore Car Loan Minimum Income

    Earn more than the minimum
    income required


    Your Coimbatore Car Loan amount eligibility is based on these factors

    01
    02
    03
    Coimbatore Car Loan Minimum Salary

    Minimum income required Rs.2,40,000 per annum

    Coimbatore Car Loan Maximum Loan to Value

    Loan capped @
    85% Ex-Showroom price

    Coimbatore Car Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Coimbatore Car Loan amount by these steps

    01
    02
    Coimbatore Car Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    Coimbatore Car Loan Maximum Tenure

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Coimbatore Car Loan

    • 1. Photo ID and age proof
    • 2. Signed application form with photograph
    • 3. Residence proof
    • 4. Last 6 months bank statement
    • 5. Documentation for salaried applicants:
      • Last 3 months salary – slips
      • Form 16 or Income Tax Returns
    • 6. Documentation for self-employed applicants:

      • Last 3 years Income Tax Returns with computation of Income
      • Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

    Coimbatore Car Loan Interest RatesUpdated on 19 Oct 2017

    Coimbatore Car Loan Details
    Interest Rate (Monthly reducing balance) 10.5% - 12.75%
    Processing Fees Rs. 500 to Rs, 5,000
    Loan Tenure 1 year to 5 years
    Pre-closure Charges 2% to 4% on outstanding loan amount
    Guarantor Requirement No guarantor required

    Coimbatore Car Loan Reviews

    • Bank Bazaar Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The bank bazaar support team is very good. The response part is excellent from bank bazaar. I know bank bazaar for past 3years. The customer support was prompt from bank bazaar. I have used bank bazaar mobile application which is easy to use and user friendly.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 16, 2017
    • HDFC Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have just postponed my car loan plan at present so that was the reason I haven't got the loan from HDFC bank. The customer support was good with HDFC bank. The rate of interest and the charges are nominal with HDFC bank. I would say they gave good service,
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 16, 2017
    • Bank Bazaar Car Loan
      "One stop solution"
      0.5 5.0/5 "Blown Away!"
      I get immediate response from Bank Bazaar for the financial queries, even their customer interaction is very nice in Bank Bazaar. I felt the site is very userfriendly to navigate and also its very handy to use anywhere and anytime without any hassles.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 16, 2017
    • HDFC Bank Car Loan
      "Its Good"
      0.5 4.0/5 "Great!"
      I already bought a car by own source therefore I don't have any need to take car loan from HDFC, I am quite satisfied with their offer like principal amount and interest rate etc. But still compare with other bank, HDFC rate of interest is higher side.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 16, 2017
    • Bank Bazaar Car Loan
      "Excellent"
      0.5 4.0/5 "Great!"
      This is my second experience with Bank bazaar. I am pretty satisfied with their customer service and responses. I have no remarks from my side because the process was quick and I have received many calls form various banks for the loan. The website was really good and easy to navigate . It would be great if they had given multiple choices on banks according to my eligibility. My overall experience was excellent here.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 14, 2017
    • HDFC Bank Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      I have my car loan with HDFC bank . The loan amount was 7.8 lakhs and It was taken 2 months back. The process was very quick and good. The processing time was just 2 days and the rate of interest was 8.75 % which was average . The customer service and responses was up to then mark so I would like to recommend . They have provided door step service for the documentation collection also.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 14, 2017
    • Bank Bazaar Car Loan
      "My experience has been good."
      0.5 5.0/5 "Blown Away!"
      My experience with Bankbazaar has been awesome, I applied for a Car loan with them and offers have been flowing in right from the time of submission. The website looks very neat and I have been finding offers from bank that I didn't know that it would be in exsistence.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 13, 2017
    • Karnataka Bank Car Loan
      "Postivness overloaded"
      0.5 5.0/5 "Blown Away!"
      I have been having a long standing relationship with this bank, owing which I asked them for a Rs.6 Lakh worth a car loan. To my surprise the loan got approved immediately and the cash reached the account by next day. Which is something extraordinary. I have been given interest rate of 9% which is pretty decent too.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 13, 2017
    • HDFC Bank Car Loan
      "Correct process"
      0.5 5.0/5 "Blown Away!"
      I approached HDFC for a car loan, their services was very good and punctual. Only reason I didn't go through with this loan was I had another bank, that has better relationship with me, giving me the loan. All the relationship with this bank has been very good.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 13, 2017
    • Bank of Baroda Car Loan
      "Very good service"
      0.5 4.0/5 "Great!"
      The customer service is not up to the mark from bank of Baroda . I have visited the bank branch to process the documentation. The verification has been done in a very good way. Within 3 days of time, I got the loan from bank of Baroda. This loan has the tenure of 7years. The rate of interest is nominal with bank of Baroda.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 09, 2017
    • Bank Bazaar Car Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      Bank bazaar gave immediate response in regards to my car loan application . The customer service was very helpful in regards to car loan, I am with bank bazaar fro more than2 years. The website of bank bazaar is easy to use and user friendly and I am satisfied with it.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 09, 2017
    • ICICI Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I got the salaried account with bank of Baroda, I got the car loan from them , so that was the reason I haven't got the car loan from ICICI bank, the customer service was very good with ICICI bank. They gave prompt response in regards to my car loan application.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 09, 2017
    • Bank Bazaar Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      Bank Bazaar staffs responded very quick in my car loan application process. Bank Bazaar website and mobile application is good to use and the Interface is nice and user friendly to everyone. The follow up was good with Bank Bazaar customer support team.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 06, 2017
    • HDFC Bank Car Loan
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I applied a car loan with HDFC Bank but unfortunately I had to close that car loan application as I'm shifting my residence and I wanted to settle now that's why I had closed the application. The service from HDFC Bank was very quick. I don't remember the rate of interest.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 06, 2017
    • Bank Bazaar Car Loan
      "Very good experience"
      0.5 5.0/5 "Blown Away!"
      The experience at Bankbazaar was good as they contacted me on time and informed me the details. The website is also good and there are no hassles in navigating through the portal. There were a lot of follow up calls checking on my application status.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 05, 2017
    • HDFC Bank Car Loan
      "Services are good"
      0.5 5.0/5 "Blown Away!"
      Since I did not take the vehicle I cancelled my car loan with HDFC Bank. The customer services are good and the experience was excellent. The bank also offered me a very good deal on the interest rate and processing charges. The rate was around 8%.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 05, 2017
    • Indian Bank Car Loan
      "Parameters are very rigid"
      0.5 1.0/5 "Really Bad"
      Parameters are very rigid as Indian bank does not deviate from its norms. They always want to to be on the safer side,even though i hold my salaried account with them they are not considering my profile which is unfair they are not giving a chance to me. They simply stated that credit score is not good there by refused to offer the loan
      Was this review helpful? 0
      , coimbatore
      Reviewed on Sep 30, 2017
    • Federal Bank Car Loan
      "Swift "
      0.5 5.0/5 "Blown Away!"
      Federal bank car loan is very swift in processing the request. I had some issues they executed the request after analyzing my needs. Though i am not a customer of Federal bank they have considered my profile and details they have processed the loan with ease. Because of the above mentioned reasons i prefer using Federal bank services
      Was this review helpful? 0
      , coimbatore
      Reviewed on Sep 30, 2017
    • Bank Bazaar Car Loan
      "Nice one"
      0.5 4.0/5 "Great!"
      Bankbazaar.com is very good, I like bankbazaar because of the following reasons, Firstly I had got a call from banbazaar immediately once after I raised a request, i was suggested a number of banks which i am happy. Secondly, I can check my credit score here. On the other hand, It would be great if the information provided by bankbazaar matches with the bank also it would be great if they provide many other options on top of that. Website is easy to use but i am unable to compare various car model in one go.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Sep 30, 2017
    • HDFC Bank Car Loan
      "Not flexible"
      0.5 3.0/5 "Satisfactory"
      HDFC bank is not flexible, because i dont have part payment options that is why i had not taken the loan. I dont want wish to stay with them for a long time. I just wanted to make payment as and when i want, without any charges. On top of all that foreclosure charges are applicable,
      Was this review helpful? 0
      , coimbatore
      Reviewed on Sep 30, 2017
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