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 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 Rs.2,500 Amazon voucher free Paperless approval available
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    Fees & Charges
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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
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    8.90% Floating
    ₹500 to ₹7000 + applicable tax
    1Cr Max
    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
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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
    8.5% - 10% 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
    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
    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
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    Eligibility Criteria
    8.75% - 11.50% Fixed
    Up to ₹5500
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
    Paperless approval available
    What you'll love
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    Perks
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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 free Paperless approval 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
    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
    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
    8.80% Floating
    ₹500 to ₹7000 + applicable tax
    1Cr Max
    7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free SPECIAL OFFER FOR WOMEN
    What you'll love
    Documents
    Perks
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    Fees & Charges
    Good to Know
    Eligibility Criteria
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  • Indore Car Loan Reviews

    • Bank Bazaar Car Loan
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      My experience with Bankbazaar was actually good. They were immediate to contact me and inform me the details. The Chennai office was very efficient as they also followed up right through the process. The website is also good and very much comfortable to use.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 23, 2017
    • HDFC Bank Car Loan
      "Experience is good"
      0.5 5.0/5 "Blown Away!"
      The formalities for my car loan was completed on time and I also got the loan on time as well. HDFC Bank has done a good job and the experience is perfect. I have taken a MARUTI SUZUKI SWIFT. The interest rate was around 9% and the processing charge was normal.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 23, 2017
    • Bank Bazaar Car Loan
      "Very good site"
      0.5 4.0/5 "Great!"
      I would like to give 4 stars for bankbazaar. I had approached bankbazaar for the car loan recently. It would have been great if the interest rate offered by bankbazaar matches with the bank rate as there was a slight variance in the interest rate.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 22, 2017
    • HDFC Bank Car Loan
      "Very helpful"
      0.5 5.0/5 "Blown Away!"
      I purchased the car through the direct channel therefore I am very much happy with them. Their staff were very much co operative interest rate and processing fee charged by HDFC bank was okay. No prepayment option is available with HDFC . They took around 1 day to provide the car loan.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 22, 2017
    • Bank Bazaar Car Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar delivered a good response for my car loan application. Recently, I had applied for the car loan with them. Customer service is good and they promptly provided the information in regards to my car loan it was really a very good experience from them overall.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 20, 2017
    • ICICI Bank Car Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      ICICI bank had coordinate well they gave very prompt and genuine service.They processed the application very shortly i got instant response from ICICI bank and I have informed them that i have postponed the plan later. I totally had very good service from ICICI
      Was this review helpful? 0
      , indore
      Reviewed on Sep 20, 2017
    • Bank Bazaar Car Loan
      "Excellent site to deal with"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar is an excellent site to deal with , everything was very good. I was suggested 3 to 4 banks out of which my choice was Sundram Finance. Also I was able to find multiple banks showcased on the site. The site is too simple and easy to use,
      Was this review helpful? 0
      , indore
      Reviewed on Sep 18, 2017
    • Sundaram Finance Car Loan
      "Its good "
      0.5 3.0/5 "Satisfactory"
      Due to personal issues I had opted out of Sundram Finance car loan services. Otherwise I am very much happy with the way they dealt with me. Also interest rate and processing fee charged by them was very much average. I had received followup calls 3 to 4 times and I am happy with them.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 18, 2017
    • Bank Bazaar Car Loan
      "Good site"
      0.5 5.0/5 "Blown Away!"
      Found Bank Bazaar site in google it was good and the information that is available is good for customers who are searching for products in the market .Customer services are good with immediate response and apt options to choose based on criteria.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 18, 2017
    • HDFC Bank Car Loan
      "Good for loans"
      0.5 2.0/5 "Expected more"
      HDFC provides good service and good for loans but the rate of interest should be reduced based on market norms and when compared to other banking services they do provide good tenure period .They do not charge any processing fee .need to improve their service.Over all good for loans.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 18, 2017
    • Bank Bazaar Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      The bank bazaar team has reached me immediately after I have applied for the car loan in their website. The customer service response is quick and fast. The website of bank bazaar is easy to use and user friendly. The bank bazaar website is very helpful to find the best financial products in the market.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 08, 2017
    • HDFC Bank Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      The HDFC bank gave good service in response to my car loan application. They have disbursed my loan amount within a day time. The rate of interest is nominal with HDFC car loan. The processing fee and the additional charges are nominal with HDFC bank.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 08, 2017
    • Bank Bazaar Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      The feedback process is very good with bank bazaar.the response part was very good from bank bazaar team. I am customer of bank bazaar for past 1 year. The website of bank bazaar is easy to use and user friendly. I would say I am satisfied with bank bazaar service.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 05, 2017
    • ICICI Bank Car Loan
      "Average Service"
      0.5 4.0/5 "Great!"
      I have changed the car loan plan so that was the reason I haven't got the car loan with ICICI bank. The customer service gave proper response in regards to my car loan application. The rate of interest is high when compared with other banks. The processing fee and the charges are high with ICICI bank.
      Was this review helpful? 0
      , indore
      Reviewed on Sep 05, 2017
    • Bank Bazaar Car Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      The response what I receive from them is very quick and prompt with bank bazaar. Bank bazaar web portal is very easy to use and customer friendly.Bank Bazaar service is really great and their executives were able to understand the customer's needs
      Was this review helpful? 0
      , indore
      Reviewed on Aug 28, 2017
    • HDFC Bank Car Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      The services from HDFC Bank was excellent. I had applied for a car loan and they processed after 1.5 months because I was not in town at that time. The rate of interest was around 8.94%. The processing charges was also pretty normal. A fantastic deal & excellent experience
      Was this review helpful? 0
      , indore
      Reviewed on Aug 28, 2017
    • Bank Bazaar Car Loan
      "Easy to navigate"
      0.5 4.0/5 "Great!"
      I am impressed with Bank Bazaar quick response and moreover its my first experience. Bank Bazaar gave me better service and also Bankbazaar provided Customer oriented service. Through Google I got to know about Bank Bazaar portal then I placed my request there.
      Was this review helpful? 0
      , indore
      Reviewed on Aug 24, 2017
    • HDFC Bank Car Loan
      "Its Good"
      0.5 4.0/5 "Great!"
      I dropped my car loan plan because of my personal reason, next year I am planning to purchase a car then I may go for car loan. When I applied for car loan in HDFC, they gave me good response, I got a call and they discussed about the loan product. Even they ready to give lower interest with maximum amount.
      Was this review helpful? 0
      , indore
      Reviewed on Aug 24, 2017
    • Bank Bazaar Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      My experience with Bankbazaar.com is really good,Its really flexible, I am using it for the first time. Website of the Bankbazaar.com is easy to access and they have contacted me immediately therefore response is an immediate one with them.
      Was this review helpful? 0
      , indore
      Reviewed on Aug 07, 2017
    • ICICI Bank Car Loan
      "Good Service"
      0.5 4.0/5 "Great!"
      When i applied for the car loan i got the timely response from icici bank.The bank executive also responded on time. They were ready to offer the loan amount I have dropped the plan fo opting the car loan. I had an idea of talking the loan for about 2.5 laksh over everything else was fine with them
      Was this review helpful? 0
      , indore
      Reviewed on Aug 07, 2017
    Common Loader Icon
    Indore Car Loan is Rated as "Great!" by 200 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Car Loan BYTES FROM OUR KITCHEN

    Indore Car Loan

    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 24 Sep 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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