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 Meerut Car Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.5% - 10% Fixed
    Up to ₹4,720 One time fee
    1L Min
    1-7 Years
    Explore Get Approval
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
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    8.90% Floating
    0
    1Cr Max
    7 Years
    Explore Get Quote
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
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    Eligibility Criteria
    13.1% - 15% Floating
    Up to 2%
    20K - 10L
    1-5 Years
    Explore Get Quote
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
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    Eligibility Criteria
    8.80% Floating
    0
    1Cr Max
    7 Years
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    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free SPECIAL OFFER FOR WOMEN
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    Eligibility Criteria
    8.75% - 11.50% Fixed
    Up to ₹5,500
    1L Min
    1-7 Years
    Explore Get Quote
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free
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    Eligibility Criteria
    12.5% - 14.5% Floating
    2% One time fee
    1.5L - 25L
    1-7 Years
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    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free 100% financing on car value
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    Eligibility Criteria
    12% - 15.5% Fixed
    Up to ₹5,310 One time fee
    75K Min
    1-7 Years
    Explore Get Approval
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
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    Eligibility Criteria
    11.40% Floating
    0
    35K - 25L
    5 Years
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    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free
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    Eligibility Criteria
    9.50% - 11% Fixed
    2,500 One time fee
    1L Min
    1-5 Years Tenure
    Explore Get Quote
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free
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    Eligibility Criteria
    12% - 14% Fixed
    2,500 One time fee
    1L Min
    1-3 Years Tenure
    Explore Get Quote
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free
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    16% Floating
    1% One time fee
    50K - 15L
    1-4 Years
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    Response Time : Within 30 minutes
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    Eligibility Criteria
    12% - 13% Fixed
    1% One time fee
    50K - 10L
    1-4 Years
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    Response Time : Within 30 minutes
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    • Meerut Car Loan is Rated as "Great!" by 57 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Car Loan BYTES FROM OUR KITCHEN
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    Check your Eligibility!

    Meerut Car Loan

    Mr. Sharma was tired of taking a cab every day. We helped him get his own car. Explore Car Loans

    Meerut is considered to be one of the most important cities in Western Uttar Pradesh and it’s the second largest city in the National Capital Region. In fact it’s only about 70 kms from away from New Delhi, which adds to its geographical importance.It is considered to be 63rd fastest growing urban regions in the world.The infrastructure in the city today is top notch as it is well connected to Delhi, Agra and other important cities in North India

    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.

    Search for loans >>

    You’re probably eligible for an Meerut Car Loan if you are

    01
    02
    03
    04
    Meerut Car Loan Minimum Age

    At least 21 years old

    Meerut Car Loan Maximum Age

    Less than 67 years old

    Meerut Car Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Meerut Car Loan Minimum Income

    Earn more than the minimum
    income required

    Check if you’re eligible >>

    Your Meerut Car Loan amount eligibility is based on these factors

    01
    02
    03
    Meerut Car Loan Minimum Salary

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

    Meerut Car Loan Maximum Loan to Value

    Loan capped @
    85% Ex-Showroom price

    Meerut Car Loan EMI

    EMIs of other loans lower
    your eligibility

    Check how much you can borrow >>

    Increase your eligible Meerut Car Loan amount by these steps

    01
    02
    Meerut Car Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    Meerut Car Loan Maximum Tenure

    Choose longer tenure loan up to 5 years

    Check eligible loan amount >>

    Documentation needed to apply for an Meerut 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
    Apply now >>

    Meerut Car Loan Interest RatesUpdated on 19 Oct 2017

    Meerut 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
    Search for loan >>

    GST of 18% is applicable on all banking products and services from the 1st of July, 2017.

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar’s partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

     

    Meerut Car Loan Reviews

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    • HDFC Bank Car Loan
      "AVERAGE"
      0.5 2.0/5 "Expected more"
      I am an existing customer of HDFC Bank. In spite of me holding an account with them they have charged some pre closing charges which is very high very much disappointment with them and it was 2 years before the rate of interest what they have offered is 11% they have taken 5500 as the pre closure charges.
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      , meerut
      Reviewed on Sep 19, 2017
    • Bank Bazaar Car Loan
      "EXCELLENT"
      0.5 5.0/5 "Blown Away!"
      When i applied for the car loan i got the timely response from bank bazaar. The reponse provided by bankbazaar was really good. The interest rate offered by them is quite normal, when compared to other banks over all it was quick response which I received from bankbazaar.com.
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      , meerut
      Reviewed on Sep 19, 2017
    • Magma Car Loan
      "Satisfactory "
      0.5 2.0/5 "Expected more"
      I am having the car loan with the Magma finance limited and the interest rate is around 9%. The loan amount got disbursed to my account within two days of time. Response is good one. Also they have offered the top up loan too. Customer service is not really a good one.
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      , meerut
      Reviewed on Aug 23, 2017
    • Bank Bazaar Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      There are no issues with bankbazaar when I placed my request for my loan application. Actually with the help of bankbazaar, I forwarded my application to the bank. There are times that the bank failed to contact me on my loan application but bankbazaar never failed to update me about the status of my loan application.
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      , meerut
      Reviewed on May 02, 2017
    • HDFC Bank Car Loan
      "No Response"
      0.5 1.0/5 "Really Bad"
      I received zero response from HDFC bank. There was no proper communication from the bank's end when I submitted my car loan application with the help of online source. I am not all satisfied with HDFC also their way of response. I would like to give them the least rating as they are unable to provide proper service to its customers.
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      , meerut
      Reviewed on May 02, 2017
    • Bank Bazaar Car Loan
      "Very Useful portal "
      0.5 4.0/5 "Great!"
      Bank bazaar response is quite good and they have done very good response in concern to my car loan application. Bank bazaar helps me to choose the best partner bank but bank partners are not active like bank bazaar. The web portal is easy to use and customer friendly.
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      , meerut
      Reviewed on Apr 15, 2017
    • Kotak Car Loan
      "Quick in response and very good service"
      0.5 4.0/5 "Great!"
      Kotak mahindra took around 4 days to disburse my car loan. The rate of interest, fee and charges are nominal with kotak mahindra. The service, response and the follow up was very good with Kotak mahindra. The best part was , I got the car loan in a easy way process and everything has been done via bank itself, which was very useful.
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      , meerut
      Reviewed on Apr 15, 2017
    • HDFC Bank Car Loan
      "Need to be quick in response"
      0.5 3.0/5 "Satisfactory"
      Hdfc didn't give any response, when I had applied for the car loan, thats was the reason I haven't availed a loan from them. They need to improve the response and follow up part with the car loan application. Hdfc did not give a call to collect the documents. HDFC Bank needs to focus on their customers. The rate of interest, fees and charges are very much nominal with HDFC.
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      , meerut
      Reviewed on Apr 15, 2017
    • Bank Bazaar Car Loan
      "Useful service"
      0.5 4.0/5 "Great!"
      Bank bazaar website is really good and useful to the customers who are looking for loans, credit cards and other financial products. Bank bazaar provides good service. Bank bazaar web portal is really useful . Any one can visit the website who is looking out for any financial product.
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      , meerut
      Reviewed on Mar 24, 2017
    • HDFC Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      HDFC is service is really useful and very supportive, for availing any loan. Hdfc is really good when it comes to customer support. The rate of interest and processing fee is a bit high when compared with other banks. HDFC Bank documentation process is also good.
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      , meerut
      Reviewed on Mar 24, 2017
    • Bank Bazaar Car Loan
      "Excellent Service"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar executives are very responsive towards their customer. I am very much satisfied with their service. I had never gone through any challenges with them while processing my loan application. I received regular followups calls from them on time.
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      , meerut
      Reviewed on Mar 24, 2017
    • HDFC Bank Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      Actually, I had submitted my car loan application with HDFC bank. But it has not been processed as yet. Their representatives are coordinating with me very well on my loan application. They are responding well. Even the interest rate is good and convenient for me.
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      , meerut
      Reviewed on Mar 24, 2017
    • Bank Bazaar Car Loan
      "Good "
      0.5 3.0/5 "Satisfactory"
      I am rencent visitor to the site as I had been using it from the last fifteen to thirty days of time. Response is good with the Bankbazaar.com and there are no such issues with them. Online portal of the Bankbazaar.com is easy to go through and understand easily. Bankbazaar.com is very good.
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      , meerut
      Reviewed on Feb 15, 2017
    • HDFC Bank Car Loan
      "Good "
      0.5 3.0/5 "Satisfactory"
      It will take around two to three months of time for me to take the car loan , so I have postponed the plan of taking the car loan with HDFC bank up to some extent.l I have seen the interest rate was around 13.5% and the customer service was okay with them and I have not found any issues with them. Interest rate was the only constraint, which is very huge.
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      , meerut
      Reviewed on Feb 15, 2017
    • Bank Bazaar Car Loan
      "Easy to access"
      0.5 5.0/5 "Blown Away!"
      From the very beginning to the end, everything was really good. I got the link through online.The site is more easy for accessing and getting regular updates about every financial product. I am happy with the customer support offered by bankbazaar and to conclude it was a wonderful expereince as a whole.
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      , meerut
      Reviewed on Aug 22, 2016
    • HDFC Bank Car Loan
      "Best process "
      0.5 5.0/5 "Blown Away!"
      Rate is the key factor, for the loan and I would say rate offered was good when compared with other banks on my HDFC Bank car loan .The processing charges applied was on the higher side.They have imposed some additional charges as insurance which could have been avoided. Bottom line, the service offered by HDFC bank was really good.
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      , meerut
      Reviewed on Aug 22, 2016
    • Bank Bazaar Car Loan
      "Quick response"
      0.5 4.0/5 "Great!"
      Bankbazaar is very quick in responding to the customer related to the loan. I came to know about the site through my friends reference.The website page is quite average and I felt that more number of banks can be added to the site which could make the site even more attractive.
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      , meerut
      Reviewed on May 23, 2016
    • HDFC Bank Car Loan
      "Nice experience"
      0.5 5.0/5 "Blown Away!"
      I have postponed the plan for getting the car loan with HDFC Bank due to personal reasons.They are in contact with the customer in a regular manner with the customer.I have not discussed about the charges applied and preclosure for the loan and I may recommend the service to others.
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      , meerut
      Reviewed on May 23, 2016
    • Bank Bazaar Car Loan
      "Good experience "
      0.5 4.0/5 "Great!"
      Bankbazaar is good site which helps customer in the loan process.They handle the customer in a very good manner.I came to know about the site through my friend.The site is good to access within for getting the information related to the loan process.
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      , meerut
      Reviewed on Mar 16, 2016
    • HDFC Bank Car Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      It was a good experience with HDFC Bank related to the car loan process.They have processed the loan within 1weeks time which was good.The interest rate applied was around 9.8% for the loan.I may recommend the service to others in 100% because its good.
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      , meerut
      Reviewed on Mar 16, 2016
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