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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    Indore Car Loan

    We found 34 Indore 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
    What you'll love
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    Perks
    Think about
    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
    Documents
    Perks
    Think about
    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
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    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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    Perks
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    Fees & Charges
    Good to Know
    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
    Documents
    Perks
    Think about
    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
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    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
    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
    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
    Documents
    Perks
    Think about
    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
    Documents
    Perks
    Think about
    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
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
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  • Indore Car Loan Reviews

    • Bank Bazaar Customer Support
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      The services at Bankbazaar has been good and the process is simple. It was a excellent experience and I am happy that there was no delay in the banks reaching out to me. The follow up was also supportive and the website is too good. It is simple and easy.
      Was this review helpful? 0
      , indore
      Reviewed on May 19, 2017
    • Sundaram Finance Car Loan
      "Services are good. But high on processing fee"
      0.5 5.0/5 "Blown Away!"
      After I applied for a car loan with Sundaram finance the services was good. They were responsive and they kept me informed about the details. The rate of interest was of 9.6% and it was a reasonable rate for me. The processing charges was on the higher side.
      Was this review helpful? 0
      , indore
      Reviewed on May 19, 2017
    • Bank Bazaar Customer Support
      "Good services"
      0.5 4.0/5 "Great!"
      The services at Bankbazaar has been good and satisfactory, because they gave me details for all the questions I had and they were quick in the process as well. The website is good and very useful, it is user friendly as well. There are no hassles to get connected with a bank.
      Was this review helpful? 0
      , indore
      Reviewed on May 08, 2017
    • Sundaram Finance Car Loan
      "Not Satisfactory"
      0.5 2.0/5 "Expected more"
      Since I dropped my idea in taking the car loan. I did not go ahead with Sundaram Finance for the loan. The team was also not supportive in giving me details to the queries I had. They were high on the interest rate and processing charges too. They need to be more professional.
      Was this review helpful? 0
      , indore
      Reviewed on May 08, 2017
    • Bank Bazaar Customer Support
      "Approachable Service"
      0.5 4.0/5 "Great!"
      Bankbazaar was good enough in approaching the people on their financial request. I got regular followup calls and updates from them. Actually their service is very much satisfactory. In fact, I did not receive good response from the bank on my application but bankbazaar is good enough in responding.
      Was this review helpful? 0
      , indore
      Reviewed on May 06, 2017
    • HDFC Bank Car Loan
      "Very Irresponsive Service"
      0.5 1.0/5 "Really Bad"
      I did not receive any single call from HDFC bank for my car loan application. I had to apply with HDFC bank as I did not receive any other options through online source. But HDFC people is very lethargic on my application and not contacted me rather they had closed my application without informing me. The way they acted is not at all acceptable.
      Was this review helpful? 0
      , indore
      Reviewed on May 06, 2017
    • Bank Bazaar Customer Support
      "Good Financial Advisor"
      0.5 5.0/5 "Blown Away!"
      I have searched many things through Bank Bazaar like credit card, car insurance, travel insurance, loan products etc. Always Bank Bazaar gives accurate information on financial products. Website is very simple to check and choose the right product.
      Was this review helpful? 0
      , indore
      Reviewed on May 04, 2017
    • Sundaram Finance Car Loan
      "Its Excellent"
      0.5 5.0/5 "Blown Away!"
      I had postponed the plan of availing car loan due to personal reasons. I am planning to take after three to four months. I don't have any issue with Sundaram Finance. They called me many times due to my current situation I denied to proceed with them, they are good in service.
      Was this review helpful? 0
      , indore
      Reviewed on May 04, 2017
    • Bank Bazaar Customer Support
      "Good Website"
      0.5 3.5/5 "Pretty good"
      The website of bankbazaar is too good, I was able to gather lots of information from their website when I was surfing for a car loan. Also I submitted my application on their website. The website has clear picture about interest rate and processing fee in the form of comparision option.
      Was this review helpful? 0
      , indore
      Reviewed on May 04, 2017
    • HDFC Bank Car Loan
      "No response"
      0.5 1.0/5 "Really Bad"
      HDFC people called me and informed about the required documents for car loan. As per the requirement I had submitted all the documents to them, after which I did not receive any kind of response from them. This is not a way to respond the customer. I had no good experience from HDFC bank as they are not so active on customers application.
      Was this review helpful? 0
      , indore
      Reviewed on May 04, 2017
    • Bank Bazaar Customer Support
      "Better Service"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar offered me a very good service when I approached them. I do not have any suggestions for them as they are already good in all the aspects. Their website helped me to find the bank for a car loan based on interest rate and other charges. The services are good with Bankbazaar.
      Was this review helpful? 0
      , indore
      Reviewed on May 02, 2017
    • HDFC Bank Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I had received continuous followup and good response from HDFC bank when I applied for a car loan with them. But the main reason for I switched over to the other bank is, only because of foreclosure option and the lowest interest rate. I found the best rate with ICICI bank, hence I dropped my plan with HDFC bank.
      Was this review helpful? 0
      , indore
      Reviewed on May 02, 2017
    • ICICI Bank Car Loan
      "Good in all the aspects"
      0.5 5.0/5 "Blown Away!"
      I had taken a car loan from ICICI bank because of foreclosure option. Moreover, they quoted with the lowest interest rate for my car loan. Hence I happily taken a car loan from ICICI bank. Their customer support is really good and approachable. I had no issues with ICICI bank while processing the loan.
      Was this review helpful? 0
      , indore
      Reviewed on May 02, 2017
    • Axis Bank Car Loan
      "Good Service"
      0.5 4.5/5 "Excellent!"
      Within three days my car loan had been disbursed with Axis bank. I am much satisfied with Axis bank. Also there is no processing fee for my loan. Even the interest rate is 8.75% which is pretty lowest rate among the other banks. There is no hassles with Axis bank. Their overall service is too good.
      Was this review helpful? 0
      , indore
      Reviewed on May 02, 2017
    • Sundaram Finance Car Loan
      "Not Good"
      0.5 1.0/5 "Really Bad"
      No one from Sundaram Finance responded for my car loan application. Due to no response I switched over to other bank and I got the loan as well. I did not receive any mail or any calls from them. They are not so supportive to the customers. It would be fine if they provide good response to the customers.
      Was this review helpful? 0
      , indore
      Reviewed on May 02, 2017
    • Bank Bazaar Customer Support
      "Excellent "
      0.5 5.0/5 "Blown Away!"
      Bankbazaar.com is very good , as per I experienced. I really like Bankbazaar.com approach and their information is clear and it is very much secured too. Online portal of Bankbazaar.com is very much easy to access and I have started to use this site very recently.
      Was this review helpful? 1
      , indore
      Reviewed on Apr 27, 2017
    • HDFC Bank Car Loan
      "Excellent "
      0.5 4.0/5 "Great!"
      I am very much satisfied with the HDFC bank for the car loan and the rate of interest rate was not okay for me with them. Services with the HDFC bank was really good and the response was also good with them and I dont have any issues with them.
      Was this review helpful? 1
      , indore
      Reviewed on Apr 27, 2017
    • Bank Bazaar Customer Support
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar is very fine, to what I know they are providing much better services than the banks.. I received calls from Bank Bazaar more than seven times but from the bank end I had received only one call. Bank Bazaar gave me the regular and proper updates on my car loan status....
      Was this review helpful? 0
      , indore
      Reviewed on Apr 26, 2017
    • ICICI Bank Car Loan
      "Its Good"
      0.5 5.0/5 "Blown Away!"
      I have purchased the car by my own source because of that reason. There was no requirement to take car loan. ICICI called and shared the loan process but I denied to process with them. I am completely fine with their service, I didn't face any issues with them.
      Was this review helpful? 0
      , indore
      Reviewed on Apr 26, 2017
    • Bank Bazaar Customer Support
      "Its Userfreindly and pretty easy to navigate"
      0.5 4.5/5 "Excellent!"
      I got good response from Bank Bazaar, service is quite good and prompt the moment which I applied for the car loan, they responded immediately without delay and they helped on time. The website is user friendly easy to understand all the information.
      Was this review helpful? 0
      , indore
      Reviewed on Apr 18, 2017
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    Indore Car Loan is Rated as "Great!" by 154 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Car Loan BYTES FROM OUR KITCHEN

    The commercial capital of the state of Madhya Pradesh, Indore is a tier 2 city which is well on its way to becoming a cosmopolitan hub in central India. The city is the birth place of trends in the fields of commerce, trade, fashion, arts, media etc. In other words, it has a strong presence on the national level as far as practises in respective fields go.

    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 Indore Car Loan if you are

    01
    02
    03
    04
    Indore Car Loan Minimum Age

    At least 21 years old

    Indore Car Loan Maximum Age

    Less than 67 years old

    Indore Car Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Indore Car Loan Minimum Income

    Earn more than the minimum
    income required


    Your Indore Car Loan amount eligibility is based on these factors

    01
    02
    03
    Indore Car Loan Minimum Salary

    Minimum income required Rs.2,40,000 per annum

    Indore Car Loan Maximum Loan to Value

    Loan capped @
    85% Ex-Showroom price

    Indore Car Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Indore Car Loan amount by these steps

    01
    02
    Indore Car Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    Indore Car Loan Maximum Tenure

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Indore 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

    Indore Car Loan Interest RatesUpdated on 30 May 2017

    Indore 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

    Check For Latest: Gold Rate in Indore Or Silver Rate in Indore
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