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
    13.1% - 15% Floating
    0
    20K - 10L
    1-5 Years
    Response Time Within 30 minutes
    Ad Rs.2,500 Amazon voucher free Paperless approval option available
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    Eligibility Criteria
    9.10% - 15% Fixed
    Up to ₹ 6,153 One time fee
    1L Min
    1-7 Years
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free
    What you'll love
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    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.00% Floating
    ₹500 to ₹7000 + S.T.
    1Cr Max
    7 Years
    Response Time Within 30 minutes
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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
    What you'll love
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    Eligibility Criteria
    9.15% - 11.6% Fixed
    Up to ₹5,150 One time fee
    1L Min
    1-7 Years
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free PAPERLESS APPROVAL OPTION AVAILABLE
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    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
    8.75% - 11.50% Fixed
    Up to ₹5500
    1L Min
    1-7 Years
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free
    What you'll love
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    Eligibility Criteria
    12.25% - 13.99% Fixed
    Up to ₹4000 One time fee
    75K Min
    1-7 Years
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval option available
    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
    Rs.2,500 Amazon voucher free
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    16% Floating
    1% One time fee
    50K - 15L
    1-4 Years
    Response Time Within 30 minutes
    Rs.2,500 Amazon voucher free
    What you'll love
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    Perks
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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
    Rs.2,500 Amazon voucher free
    What you'll love
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    Fees & Charges
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    Eligibility Criteria
    8.90% Floating
    ₹500 to ₹7000 + S.T.
    1Cr Max
    7 Years
    Response Time Within 30 minutes
    SPECIAL OFFER FOR WOMEN
    What you'll love
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    Perks
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  • Coimbatore Car Loan Reviews

    • SBI Car Loan
      "Good Response"
      0.5 4.0/5 "Great!"
      I had taken car loan from State bank of India. It was taken about four years back. The interest rate is 9.25%. I had not faced any issues with SBI during the loan process. They provided very good response for my loan application and the vehicle got delivered at the right time.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 19, 2017
    • Central Bank of India Car Loan
      "Better Service"
      0.5 4.0/5 "Great!"
      Got a car loan with central bank of India . The rate of interest which was offered by central bank was high, when compared with others. I am happy about the loan amount, still they can reduce their interest in future. They took around 4 days to process my loan and disbursed the loan within a week time.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 13, 2017
    • Bank Bazaar Customer Support
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I had received a very good response from Bankbazaar. Once I submitted my application on their website, I got an immediate call and they followed up my loan application. Their website is quite easy to handle and in all there were no issues with bankbazaar.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 12, 2017
    • HDFC Bank Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I took the car loan from HDFC bank , the interest rate was around 10%, which I would say is a good one. The loan amount got successfully disbursed within given time. Processing charges were very nominal one with them and they have provided around 2.6 lakhs of the loan amount.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 12, 2017
    • Bank Bazaar Customer Support
      "Good Process"
      0.5 4.0/5 "Great!"
      Bankbazaar provided good response and proper service for the loan process. I applied for the loan over the bankbazaar website. I selected the bank for the loan through bankbazaar website because they showcased the interest rate from different banks so it is very easy to handle the website.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 10, 2017
    • TVS Credit Services Car Loan
      "Better Service"
      0.5 4.0/5 "Great!"
      I applied with TVS credit services for the car loan but I had not taken the loan from them. I had received good response and proper service but HDFC done a favor in terms of the rate of interest so I had taken the loan from HDFC bank.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 10, 2017
    • SBI Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      If you are looking out for car loan I would say you need to contact State bank as it is the best one to be approached. We can get the best interest rate to the market level. Interest rate would be very nominal when we compared with any other banks. The process should be done on time.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 08, 2017
    • HDFC Bank Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      Interest rate is good with HDFC bank when compared with Tvs credit services. I had taken the car loan from HDFC with good interest rate. Customer service and responsiveness are good with the bank and there was no hassles during the loan process.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 08, 2017
    • Bank Bazaar Customer Support
      "Good Response"
      0.5 5.0/5 "Blown Away!"
      When it comes to response and customer service, bankbazaar is on top. I received good response from them. Though I did not receive proper response from the financiers, people from bankbazaar contacted me properly and they were communicating with me very well.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 08, 2017
    • TVS Credit Services Car Loan
      "High Interest Rate"
      0.5 1.0/5 "Really Bad"
      Interest rate is really high on TVS credit services, Recently I had approached them for the car loan. They responded on my loan application but since the interest rate is very high with them I just cancelled my loan application and got the loan from other bank where I got a lower interest rate compared with TVS.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 08, 2017
    • Bank Bazaar Customer Support
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      Bankbazaar.com is really very good and they have kept following everything with the customers and am using it from the last two to three years of time. Response is good one with the Bankbazaar.com, also the communication and update is really good with them.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 06, 2017
    • ICICI Bank Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      I was thinking to get the used car and that's why I had not taken the car loan from the ICICI bank also the customer service were very good, also they had done their job in a very good manner. This bank cannot be blamed in any way as everything is carried out in a smooth way.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Jun 06, 2017
    • Kotak Car Loan
      "Good. But high on ROI"
      0.5 5.0/5 "Blown Away!"
      I have taken my car loan from Kotak Mahindra bank and the process in getting this loan was easy. They were quick in collecting my papers and the disbursement was satisfactory too. But the major drawback is that the rate of interest and processing charges was high.
      Was this review helpful? 0
      , coimbatore
      Reviewed on May 18, 2017
    • Bank Bazaar Customer Support
      "Better "
      0.5 5.0/5 "Blown Away!"
      I got my financial products through Bankbazaar.com only , also I got the call from the bankers within thirty minutes of time from the time I applied. Response and everything is fine with the Bankbazaar.com.
      Was this review helpful? 0
      , coimbatore
      Reviewed on May 16, 2017
    • TVS Credit Services Car Loan
      "Satisfied"
      0.5 3.0/5 "Satisfactory"
      I got the car loan with the TVS credit services within a week of time. Services and the response are good with them. Customer service is also good one with them and the processing charges were nil with them. I got around 99% of cost of the vehicle as loan.
      Was this review helpful? 0
      , coimbatore
      Reviewed on May 16, 2017
    • Ford Finance Car Loan
      "Best deal on ROI"
      0.5 5.0/5 "Blown Away!"
      I got an excellent offer on the rate of interest from Ford credit, when compared to HDFC Bank. I had taken a car loan and they offered me a rate of 7.9% and the processing charges was also minimal. The process was also quick and I did not have to submit much of papers for the same.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 27, 2017
    • Bank Bazaar Customer Support
      "Perfect services"
      0.5 5.0/5 "Blown Away!"
      The services at Bankbazaar.com has been perfect. They have done their job on time and it was a hassle free experience. All I had to do was to register my details and after which I received continuous calls from the team who verified my information and transfer my details to the bank.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 27, 2017
    • HDFC Bank Car Loan
      "High ROI"
      0.5 5.0/5 "Blown Away!"
      The services was good from HDFC Bank as they were quick in acknowledging my details. I did not proceed for the car loan is because they have high on the rate of interest. I was offered a rate of around 9% and I was getting a lesser rate from the bank who had a tie up with the dealer. Not sure on the processing charges.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 27, 2017
    • Bank Bazaar Customer Support
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I had no issues with Bankbazaar while processing my car loan application with their assistance. They promptly forwarded my application to the bank and they informed me about the interest rate and processing fee. Even they informed me about the required documents.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 19, 2017
    • Sundaram Finance Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I got a very good response from Sundaram Finance when I applied for a car loan. I think their interest rate is little high. Actually I thought to take a loan for my son, but as he went to Africa I just postponed my plan and planning to take a loan after three months.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 19, 2017
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    Coimbatore Car Loan is Rated as "Excellent!" by 303 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Car Loan BYTES FROM OUR KITCHEN

    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 22 Jun 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

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