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 31 Coimbatore Car Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.40% - 10.35% 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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    13.1% - 15% Floating
    999 + applicable tax
    20K - 10L
    1-5 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon Voucher 100% PAPERLESS APPROVAL
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    Eligibility Criteria
    8.60% - 11.50% Fixed
    Up to ₹5,500
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
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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 100% financing on car value
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    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 100% PAPERLESS APPROVAL
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    Eligibility Criteria
    8.75% - 8.80% Fixed
    3,500 One time fee
    1L Min
    1-5 Years Tenure
    Response Time : Within 30 minutes
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    Fees & Charges
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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
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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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    Good to Know
    Eligibility Criteria
    12% - 13% Fixed
    1% One time fee
    50K - 10L
    1-4 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon Voucher
    What you'll love
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    Perks
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    8.75% - 13% Fixed
    Up to ₹ 5,000 One time fee
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon Voucher
    What you'll love
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    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.15% Floating
    575 One time fee
    1L - 2Crs
    1-7 Years
    Response Time : Within 30 minutes
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    Perks
    Good to Know
    Eligibility Criteria
    11.50% Floating
    575 One time fee
    1L Min
    1-3 Years
    Response Time : Within 30 minutes
    What you'll love
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    Perks
    Fees & Charges
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  • Coimbatore Car Loan is Rated as "Excellent!" by 431 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

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    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

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    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
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    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 21 Jul 2018

    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

    • Axis Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      It has been a very good experience with them and i had chosen to go with them since the interest rate with them has been less when compared with the other banks. The loan amount which they had given has been satisfactory and there has not been any issues faced with the banking services of them.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 30, 2018
    • Kotak Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I have taken a car loan with Kotak Mahindra bank and my loan experience was good, the loan amount was for Rs 3 lakhs with nominal interest rate when compared to other banks. I have already completed 2 years for loan so more 1.5 years left. Customer service was good and they responded on time.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 29, 2018
    • Bank Bazaar Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I know bankbazaar.com from last 10 years, the services provided by bankbazaar is pretty good when compared to all other sources. Customer service was good and they followed up on time. I am using the website of bankbazaar, it is easy to navigate and is user friendly.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 26, 2018
    • TVS Credit Services Car Loan
      "Need to reduce charges"
      0.5 3.0/5 "Satisfactory"
      My car loan application was approved with TVS credit and the loan experience was good, the loan amount was for Rs 2.62 lakhs with high interest rate when compared to others. Customer service was good and they followed up on time. The tenure period for this loan is 2 years.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 26, 2018
    • review Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I took a car loan from the Shriram Finance for 1.5 lacs, the process was was easy and I got the loan amount with in 2-3 days. The interest rate is higher when comparing to other banks in the market still it has been a useful service. The whole application and documentation was done in a timely manner.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 21, 2018
    • HDFC Bank Car Loan
      "Last option for Car Loan"
      0.5 3.0/5 "Satisfactory"
      I got the easily from the HDFC. I bought a Hyundai car by using the HDFC loan amount of 5 lakhs. The interest rate of HDFC is 11%. I paid the EMI of Rs. 12000 per month. I opted the tenure of 36 months. They have to consider the interest rates. Overall, I'm okay with the services from HDFC.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 06, 2018
    • Bank Bazaar Car Loan
      "Good application"
      0.5 3.0/5 "Satisfactory"
      Bank bazaar is a friendly and convenient service to use.And the response was very much appreciable. They gave me regular follow up calls regarding the application. It would be better if there is more list of banks offering lesser rate of interest at bankbazaar. So i could choose the same.
      Was this review helpful? 0
      , coimbatore
      Reviewed on May 12, 2018
    • TVS Credit Services Car Loan
      "High rate of interest"
      0.5 1.0/5 "Really Bad"
      I have applied for a car loan from TVS credit and the rate of interest was very high.It was around 16% for 2 to 3 lakhs. I have negotiated with the bank to reduce the interest. Since there was no proper response from there end i had to close the car loan application with TVS credit.
      Was this review helpful? 0
      , coimbatore
      Reviewed on May 12, 2018
    • HDFC Bank Car Loan
      "Better service"
      0.5 4.0/5 "Great!"
      I have my car loan with HDFC bank. The loan mount was 3.9 lakhs and the Interest rate was 8.65% which is average in the market . The tenure period was 5 years.The loan process was very good and I had a smooth documentation process. My overall experience was better and its recommendable.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 27, 2018
    • Bank Bazaar Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      BANK BAZAAR is a one stop solution for all the financial products . Their customer service was really amazing and the responses was on time. The website was really user friendly and easy to navigate .I have not faced many runtime or down time error.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 27, 2018
    • HDFC Bank Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I have my car loan with HDFC bank. The loan amount was 3.16 lakhs and the Interest rate was 8-9% which is average in the market. The customer service and responses was up to the mark. The tenure period was 5 years. They have sanctioned the loan with the committed time. My overall experience was excellent.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 27, 2018
    • Bank Bazaar Car Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      I checked two things using their website, an used car loan and a car loan and for both I got answers from their services. Their customer care had a regular conversation with me regarding this. Their website is also pretty easy to use. The overall experience with it has been pretty good.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 25, 2018
    • Sundaram Finance Car Loan
      "Good Loan"
      0.5 5.0/5 "Blown Away!"
      I got a Grant i10 car recently and this financiers helped me with the required Loan amount. They have charged me an 8.25% interest rate on the Loan, a pretty standard one. The proces happened quickly. The ECS transaction happens smoothly. Customer was great and process was also pretty sharp.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 25, 2018
    • TVS Credit Services Car Loan
      "Customer care was good"
      0.5 5.0/5 "Blown Away!"
      I had a plan to get one of those used card but then changed my plan, this was the only reason I opted out of this Loan. They were ready but at that time I didn't get the right car. They made a good follow up over this Loan and felt genuinely their services were good. Interest rate with them was alright.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 25, 2018
    • SBI Car Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      The state bank of India has approved my car loan up to 90%, their executives are customer friendly and they have disbursed the loan amount within a week time. The customer support and the response part is excellent with the state bank of India.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 08, 2018
    • Bank Bazaar Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The response part is excellent with the bank bazaar team. The customer support is prompt from bank bazaar. I know bank bazaar for the past 1 year. I have used the bank bazaar website while applying for the car loan , which is easy to use and user friendly.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 08, 2018
    • TVS Credit Services Car Loan
      "Average service"
      0.5 3.0/5 "Satisfactory"
      The executives of TVS CREDIT SERVICES told that they will sanction the car loan amount up to 80%, so that was the reason I haven't got the car loan from the TVS CREDIT SERVICES . The customer support service gave me good response in regards to my car loan application.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 08, 2018
    • review Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The SHRIRAM CITY UNION FINANCE has disclosed my car loan before the promised time. The customer support was prompt from the SHRIRAM CITY UNION FINANCE. The required loan amount has been given which is 75% of the loan amount . The rate of interest and the charges are high with the SHRIRAM CITY UNION FINANCE.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 06, 2018
    • Bank Bazaar Car Loan
      "Very good service"
      0.5 5.0/5 "Blown Away!"
      The bank bazaar service is good in regards to my car loan application. The customer support was good in their response part. The follow up is better from the bank bazaar team. I have used the bank bazaar mobile application while applying for the car loan .
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 06, 2018
    • Capital First Car Loan
      "Better service"
      0.5 4.0/5 "Great!"
      The process was made delay by the capital first service , in the mean time I have got the car loan from the other banks, so that was the reason I haven't got the car loan from the Capital first. The rate of interest and the charges are average with the capital first.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Feb 06, 2018
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