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% - 11.10% 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% Fixed
    1999
    50K - 10L
    1-5 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon Voucher 100% PAPERLESS APPROVAL
    What you'll love
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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
    What you'll love
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    Fees & Charges
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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
    What you'll love
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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 100% PAPERLESS APPROVAL
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    Perks
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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
    What you'll love
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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
    What you'll love
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    Eligibility Criteria
    16% Floating
    1% One time fee
    50K - 15L
    1-4 Years
    Response Time : Within 30 minutes
    What you'll love
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    Perks
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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
    What you'll love
    Documents
    Perks
    Think about
    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
    Documents
    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
    What you'll love
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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
    Good to Know
    Eligibility Criteria
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  • Coimbatore Car Loan is Rated as "Excellent!" by 437 Users

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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

    01
    02
    03
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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
    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 22 Sep 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

    • Bank Bazaar Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I am using the services of bankbazaar from last 2 years, the services provided by bankbazaar is good when compared to others in the market. Customer service was good and their response was on time. Mobile application of bankbazaar is easy to access and is user friendly.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Sep 12, 2018
    • HDFC Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      My car loan experience was good with HDFC bank, the process took 15 days to complete and the loan amount was for Rs 4.96 lakhs with nominal interest rate when compared to others. Customer service was good and they responded on time. The tenure period for this loan is 4 years.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Sep 12, 2018
    • HDFC Bank Car Loan
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan with HDFC bank and my experience was good, the loan amount was for Rs 6.76 lacs with nominal interest rate when compared to other banks. It is a new car and my loan is approved based on the on-road price. The tenure period for this loan is 5 years.
      Was this review helpful? 1
      , coimbatore
      Reviewed on Sep 06, 2018
    • HDFC Bank Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My car loan was taken with HDFC BANK 4 months back. The loan amount was 1.5 laksh and the rate of interest was very satisfactory . The tenure period was 84 months. I must say that the experience was quite good and hassle free . They have provide door step service for collecting documents. The processing fees are also very much nominal..
      Was this review helpful? 2
      , coimbatore
      Reviewed on Aug 24, 2018
    • IndusInd Bank Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      I've taken a Used Car loan from the IndusInd bank for 3 lacs, interest rate was high. The whole application process was easy and hassle free. It has been a good experience with the Car loan from IndusInd bank.
      Was this review helpful? 1
      , coimbatore
      Reviewed on Aug 23, 2018
    • review Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan with Tata Capital and my loan experience was good, the loan amount was for Rs 4 lakhs with nominal interest rate. The process was smooth and i received my loan amount on time. The tenure period for this car loan is for 5 years.
      Was this review helpful? 2
      , coimbatore
      Reviewed on Aug 01, 2018
    • 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? 1
      , 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
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