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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    Coimbatore Car Loan

    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 Paperless approval option available
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.10% - 13.25% Fixed
    Up to ₹ 6,153 One time fee
    1L Min
    1-7 Years
    Response Time Within 30 minutes
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.10% Floating
    ₹500 to ₹7000 + S.T.
    1Cr Max
    7 Years
    Response Time Within 30 minutes
    What you'll love
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    Perks
    Think about
    Fees & Charges
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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
    What you'll love
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    Fees & Charges
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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
    PAPERLESS APPROVAL OPTION AVAILABLE
    What you'll love
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    12.5% - 14.5% Floating
    2% One time fee
    1.5L - 25L
    1-7 Years
    Response Time Within 30 minutes
    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
    9% - 11.50% Fixed
    Up to ₹5500
    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
    11.25% - 13.99% Fixed
    Up to ₹2,300 One time fee
    75K Min
    1-7 Years
    Response Time Within 30 minutes
    Paperless approval option available
    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
    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
    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
    What you'll love
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    Perks
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.00% 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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    Eligibility Criteria
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  • Coimbatore Car Loan Reviews

    • 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
    • Bank Bazaar Customer Support
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      The services at Bankbazaar.com has always been satisfactory to me. The team is helpful to give details of banks and when ever there is a query, they sort it out instantly. The website is also good and it has a vast amount of information on every financial product.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 19, 2017
    • TVS Credit Services Car Loan
      "Overall good"
      0.5 4.0/5 "Great!"
      Due to my personal commitments I have not taken the car loan from TVS credit services. They were responsive to my application and they informed me the details clearly. I found the rate of interest and processing charges to be higher when I compared them to other banks. I also recommended it to my friends, but they did not respond well so I would not wish to recommend them in the future.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 19, 2017
    • Kotak Car Loan
      "Good Experience"
      0.5 5.0/5 "Blown Away!"
      I got the car loan within two days of time from Kotak Mahindra Bank and I closed my car loan around two years. I have done the foreclosure, I just made my principal outstanding amount and I didn't pay any single amount extra and I got the NOC within 3 to 4 days.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 19, 2017
    • Bank Bazaar Customer Support
      "One stop solution Site"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar is too good, they have very good tie up with all banks. I had experience twice with Bank Bazaar my time is also getting saved. In a single window I could get to know different rates offered by various banks instead of visiting the branch. I am using Bank Bazaar mobile app and it is very much convenient.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 19, 2017
    • Sundaram Finance Car Loan
      "It should be competitive with market standard"
      0.5 5.0/5 "Blown Away!"
      I am not fine with Sundaram Finance terms and conditions, its entirely different when compared with others banks. Being an end user I should go for the best one. Sundaram Finance does not have good part payment or foreclosure option so I didn't take car loan from them.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 19, 2017
    • SBI Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      Actually I applied for a car loan with HDFC bank but as I did not get any response from the bank, I switched over to SBI. From SBI, I am getting a proper response and enough assistance on my loan application. Even I have savings account with them, I have no issues with SBI.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 17, 2017
    • Bank Bazaar Customer Support
      "Good service provider"
      0.5 5.0/5 "Blown Away!"
      I received an immediate call from Bankbazaar the moment I submitted my application over their website. They are good enough in assisting the customers for financial services. I got a regular followups and proper updates from bankbazaar.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 17, 2017
    • HDFC Bank Car Loan
      "No response from the bank"
      0.5 2.5/5 "Just OK"
      Through online source I approached HDFC bank for my car loan. I was expecting a response from the bank on my loan application but I did not receive single call from the bank. Even they closed the application without disclosing the reason. Hence I approached SBI bank where I got a proper response on my car loan application.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 17, 2017
    • Bank Bazaar Customer Support
      "Good in response"
      0.5 4.0/5 "Great!"
      With the help of bankbazaar I had assigned my application to the chosen bank. Also I got the best dealings on interest rate and processing fees. Bankbazaar provided a fast service for my application. I had received regular followups and updates from them.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 12, 2017
    • ICICI Bank Car Loan
      "Reduce rate of interest"
      0.5 4.0/5 "Great!"
      I had got a very good response from ICICI bank for my car loan. I am satisfied with their overall services including their interest rate and the processing fees. But interest rate is little high but when compared with other bank it is better. Customer service is satisfactory.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 12, 2017
    • Bank Bazaar Customer Support
      "Too Good Service"
      0.5 5.0/5 "Blown Away!"
      I could say that Bankbazaar is too good for my loan process. Even before disbursement, they used to call me and inquire the status where I received the loan or not, their followup is really good and it is beyond my expectation. If I raise any concerns they promptly accepting and involving themselves on my concern.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 12, 2017
    • ICICI Bank Car Loan
      "Need to communicate with the customer effectively"
      0.5 3.0/5 "Satisfactory"
      I had taken a car loan from ICICI bank. The bank is good for certain scenarios, at the same time it is not satisfactory for certain scenarios. The representative who communicated with me, does not have much knowledge about the process. Also they kept collecting the documents, they had not collected in single shot which was really frustrating. Also they did not disburse the exact loan amount what they committed, they had reduced close to 14 to 15 thousand which is no where related to the EMI deduction and processing fees, and they did not disclose the reason for the deduction. And one month EMI also been deducted. Other than that, interest rate and processing fee is good, which is 9.1% and 3500 accordingly.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Apr 12, 2017
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    Coimbatore Car Loan is Rated as "Excellent!" by 291 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 30 May 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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