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

    • Bank Bazaar Customer Support
      "Good Response"
      0.5 5.0/5 "Blown Away!"
      I had received good service from Bankbazaar. They were calling me regularly and forwarding my application to the bank without any delay. Bankbazaar website is easy to handle and it is very informative. The customer service and responses are good.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 22, 2017
    • ICICI Bank Car Loan
      "The Best Service"
      0.5 5.0/5 "Blown Away!"
      ICICI bank is good in terms of providing good service. I submitted my car loan application with ICICI through third party online source. The bank is responded well and contacted me promptly. But I postponed my plan due to some reason. But I received best service from ICICI.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 22, 2017
    • Bank Bazaar Customer Support
      "Very Good Service"
      0.5 4.5/5 "Excellent!"
      Always I am getting good response from bankbazaar. They are very prompt in making follow up calls and providing regular updates on the status of the application. I never had any issues with bankbazaar. Their website is quite good to handle.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 21, 2017
    • ICICI Bank Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      It was a good service with ICICI bank for the car loan process. I applied for the loan but I could not followup with them in order to get the loan. I was held up in other work so I had no time for it. So I just postponed my plan in taking the car loan. But services of ICICI bank is good.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 21, 2017
    • review Car Loan
      "Interest rate should be reduced"
      0.5 4.5/5 "Excellent!"
      TATA Capital gave me 0.2% difference on the interest rate for the car loan. I took the loan during the year 2011, they have sanctioned 100% value on the showroom the price. I had purchased TATA Nano worth around Rs. 1.85 lakhs, it got closed without any hassle. But my only concern here is the interest rate, Hdfc giving lower rate then TATA Capital. If they reduce that it would be better.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 08, 2017
    • Bank Bazaar Customer Support
      "One stop solution"
      0.5 4.5/5 "Excellent!"
      I am very much glad to use Bank Bazaar service, I got a great support from them on my car loan process. When I was searching for vehicle, I came to know about Bank Bazaar, I visited the site and put a request for the car loan. Then I got an immediate response from them and I am very much satisfied with them,
      Was this review helpful? 0
      , indore
      Reviewed on Jun 08, 2017
    • HDFC Bank Car Loan
      "Its Best"
      0.5 4.5/5 "Excellent!"
      I dropped the idea to buy a car right now its because of my personal reason. HDFC is best in the market, they have called and confirmed about my requirements and suggested the vehicle for me. Then I have informed them , I don't have an idea to buy the car right now.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 08, 2017
    • Bank Bazaar Customer Support
      "Quick response"
      0.5 4.0/5 "Great!"
      Bankbazaar.com response was very good and quick too and am using it from the last two to three months of time. Website of the Bankbazaar.com is easy to understand like a common man can read it out. I am using Bankbazaar.com from the last two to three months of time.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 07, 2017
    • ICICI Bank Car Loan
      "Better approach"
      0.5 4.0/5 "Great!"
      There were no hindrance with the ICICI bank for the car loan , which I have applied. Customer service and other response was very good and the interest rate was proposed around 9% from the ICICI bank while the dealer was okay to provide up to 7%. In future, I would like to go ahead with the ICICI bank in future. Rate of interest was huge one with the ICICI bank.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 07, 2017
    • Bank Bazaar Customer Support
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The customer support was good and professional and the communicated very well in giving me the details. It was a hassle free process. Bank bazaar is the only portal, which can called as financial tool provider and financial products provider in the market.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 06, 2017
    • HDFC Bank Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I did not take the car loan from HDFC bank , the rate of interest not sure how much It was. I did proceed ahead with them Since I had postponed the plan I must have received call from the bank but not sure about it, because I received so many calls from the bank.
      Was this review helpful? 0
      , indore
      Reviewed on Jun 06, 2017
    • 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? 1
      , 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
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    Indore Car Loan is Rated as "Great!" by 163 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 22 Jun 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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