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
    8.40% - 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 free Paperless approval available
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    Good to Know
    8.90% Floating
    0
    1Cr Max
    7 Years
    Response Time : Within 30 minutes
    Paperless approval available
    What you'll love
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    Good to Know
    Eligibility Criteria
    13.1% - 15% Floating
    999 + applicable tax
    20K - 10L
    1-5 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
    What you'll love
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    8.80% Floating
    0
    1Cr Max
    7 Years
    Response Time : Within 30 minutes
    SPECIAL OFFER FOR WOMEN
    What you'll love
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    Fees & Charges
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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
    Rs.2,500 Amazon voucher free
    What you'll love
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    Fees & Charges
    Good to Know
    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
    What you'll love
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    Perks
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    Fees & Charges
    Good To Know
    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
    What you'll love
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    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    11.40% Floating
    0
    35K - 25L
    5 Years
    Response Time : Within 30 minutes
    What you'll love
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.50% - 11% Fixed
    2,500 One time fee
    1L Min
    1-5 Years Tenure
    Response Time : Within 30 minutes
    What you'll love
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    Fees & Charges
    Good to Know
    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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    Perks
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    Fees & Charges
    Good to Know
    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
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    Perks
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  • Coimbatore Car Loan is Rated as "Excellent!" by 409 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
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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 12 Dec 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

    • HDFC Bank Car Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      It was a good customer service that I received from HDFC Bank for the car loan process that i applied for . The bank gave me a full approval on the amount i asked for . The amount got disbursed in a month from the bank side . The rate of interest was 9% they charged me and the processing fee was less only . The bank provided me option of the pre closure and part payment but there are charges for that also .
      Was this review helpful? 1
      , coimbatore
      Reviewed on Nov 30, 2017
    • Bank Bazaar Car Loan
      "Good One"
      0.5 5.0/5 "Blown Away!"
      For bank bazaar i have rated 5 , it is a good customer service they have provided me and i am happy with the experience . After a registered myself for the loan process within 2 days i received call from the bank bazaar executive and he explained me everything in detailed way . The website of bankbazaar was user friendly and helpful for me in ways . I liked the service i received from the Bank bazaar .
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 30, 2017
    • HDFC Bank Car Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      it was a good customer service i received from the HDFC Bank . They delivered all the required information i needed for the loan process .the bank people said that i have a low credit score so they will not be able to give me the loan , so i approached another bank and took it from them . I was a good experience over all .
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 30, 2017
    • SBI Car Loan
      "Car loan with SBI"
      0.5 4.0/5 "Great!"
      I have taken a car loan with State bank of India. The approved loan amount was 3.6 lakhs. The EMI is 6000 rupees for a month and a tenure for 7 years. The rate of interest is 9 percentage. The bank directly paid the amount to the dealer through NEFT.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 21, 2017
    • HDFC Bank Car Loan
      "Rate of intrest was high"
      0.5 2.0/5 "Expected more"
      The rate of interest with the bank is very high. The approved rate of interest was 9.75% which was not acceptable. The pre-closure and part payment was charging too high with HDFC.The customer service and response provided by HDFC Bank was very much satisfactory.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 18, 2017
    • Bank Bazaar Car Loan
      "Professional experience"
      0.5 4.0/5 "Great!"
      I had a good and professional experience with banbazaar. They are customer friendly. I request bankbazaar to include more nationalized bank so the we can get more offers with best interest rates and charges. And its a way to promote the service too.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 18, 2017
    • Volkswagen Finance Car Loan
      "Recommentable for car loan"
      0.5 4.0/5 "Great!"
      I have taken a car loan from VOLKSWAGEN FINANCE. With in 2 days i got my loan amount approved. The total disbursed amount was 4.5 lakhs with a rate of interest of 8.5%. If i have planning for a Pre closure within 24 months then 3% of the principal outstanding amount should be paid and if we are closing the loan after 24 months then 1.5% of the outstanding amount. The monthly EMI is 9234.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 18, 2017
    • TVS Credit Services Car Loan
      "Service part should be improved"
      0.5 5.0/5 "Blown Away!"
      I took the car loan behalf of my wife, my car price was around Rs.16.5 lakhs, I taken loan amount of Rs. 4 lakhs for the tenure of four years. Customer service is average, they need work on service part. They have disbursed the amount on time its good.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 10, 2017
    • Bank Bazaar Car Loan
      "Easy to Navigate"
      0.5 5.0/5 "Blown Away!"
      Initially I am not aware of Bank Bazaar but I used to get promotional mail through that I have applied for the car loan. Then I got immediate response from Bank Bazaar and service is also very good, without visiting to the bank I got good service from them.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 10, 2017
    • Capital First Car Loan
      "Communication should be prompt"
      0.5 5.0/5 "Blown Away!"
      Capital First service is good but I am not happy about the charges of car loan. Because initially they told processing fee was around 2000 but finally they charged me around Rs. 6000 from the disbursement amount. I would suggest their commitment part should be prompt.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 10, 2017
    • Bank Bazaar Car Loan
      "Good website"
      0.5 5.0/5 "Blown Away!"
      I have experienced bankbazaar.com for the very first time, bankbazaar provides good services when compared to all other banking websites. The customer service was good and prompt. I am using the bankbazaar website, it is easy to navigate and it is user friendly.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 06, 2017
    • HDFC Bank Car Loan
      "Good customer service"
      0.5 4.0/5 "Great!"
      I have applied for the car loan from HDFC bank, my loan application was closed because i have postponed the plan to get the car loan. When it comes to customer service, it was good, they followed up on time. The rate of interest is high when compared to all other banks.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 06, 2017
    • Bank Bazaar Car Loan
      "Very good"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar provides excellent services on financial products when compared to all other banking websites. I know bankbazaar.com from last 6 months. The customer service is excellent and prompt. The mobile application is easy to navigate and it is user friendly.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 04, 2017
    • HDFC Bank Car Loan
      "Good customer service"
      0.5 4.0/5 "Great!"
      I have applied for the car loan from HDFC bank, my loan application was closed because i have postponed the plan to get the car loan. The customer service and their response was good, Followups was done on time. The rate of interest is nominal when compared to others in the market.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 04, 2017
    • Bank Bazaar Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar.com is really good one and everything is better one for me with them. I would like to say that they have done the things in perfect manner to me. I would suggest bankbazaar that they have to hold the hands of customers till end of the process.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 04, 2017
    • TVS Credit Services Car Loan
      "Need to improve"
      0.5 3.0/5 "Satisfactory"
      Banking with the TVS credit services were good one for the car loan. Timing and commitments with the executives are really good with the TVS credit services. I would like to suggest that they need to stick with the commitments.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Nov 04, 2017
    • Bank Bazaar Car Loan
      "Very Good"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar service is good they improving information on time, calling to the customer to get feedback to check their service its good. I am using Bank Bazaar mobile application its easy to use EMI tool and comparison too of offers through online.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 26, 2017
    • HDFC Bank Car Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      HDFC car loan was easy and completed on time. My loan amount was around Rs.4.26 for the loan period of seven years. They gave me floating interest around 8.75% and with nominal processing fee. I am completely happy with HDFC car loan procedure was good.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 26, 2017
    • ICICI Bank Car Loan
      "Very customer friendly"
      0.5 5.0/5 "Blown Away!"
      I am an existing customer of ICICI , hence they gave me lower interest of 8.5% of car loan and with zero processing fee. ICICI loan was very flexible they gave me foreclosure option, part payment option. ICICI done the disbursement within a day with partial documents.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 25, 2017
    • Bank Bazaar Car Loan
      "One stop solution"
      0.5 5.0/5 "Blown Away!"
      The moment when I approached Bank Bazaar website, they immediately contacted me and they connect with HDFC within same day of my request and also their service is also good. I am using online interface its userfriendly and easy to navigate.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Oct 25, 2017
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