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 Pune 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
    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
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
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    Good to Know
    Eligibility Criteria
    13.1% - 15% Floating
    Up to 2%
    20K - 10L
    1-5 Years
    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
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free SPECIAL OFFER FOR WOMEN
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    Eligibility Criteria
    8.60% - 11.50% Fixed
    Up to ₹5,500
    1L Min
    1-7 Years
    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
    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
    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
    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
    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
    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
    Response Time : Within 30 minutes
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    Eligibility Criteria
    12% - 13% Fixed
    1% One time fee
    50K - 10L
    1-4 Years
    Response Time : Within 30 minutes
    What you'll love
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  • Pune Car Loan is Rated as "Great!" by 2381 Users

    Fees & Charges

    Promised Interest Rate

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    Car Loan BYTES FROM OUR KITCHEN

    Pune Car Loan

    Pune is in Maharashtra, India. It is second largest city in the state and is considered the state's cultural capital.Pune has had traditional old-economy industries which continue to grow. The city is now also known for Manufacturing, Automobile, Government & Private sector Research Institutes, Information technology (IT) as well as Educational, Management and Training institutes that attract migrants, students and professionals not only from India but also from South East Asia, Middle East and African countries.

    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 Pune Car Loan if you are

    01
    02
    03
    04
    Pune Car Loan Minimum Age

    At least 21 years old

    Pune Car Loan Maximum Age

    Less than 67 years old

    Pune Car Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Pune Car Loan Minimum Income

    Earn more than the minimum
    income required


    Your Pune Car Loan amount eligibility is based on these factors

    01
    02
    03
    Pune Car Loan Minimum Salary

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

    Pune Car Loan Maximum Loan to Value

    Loan capped @
    85% Ex-Showroom price

    Pune Car Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Pune Car Loan amount by these steps

    01
    02
    Pune Car Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    Pune Car Loan Maximum Tenure

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Pune 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

    Pune Car Loan Interest RatesUpdated on 18 Nov 2017

    Pune 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

    Pune Car Loan

    Lively and commercial, verdant and unhurried, multicultural yet old-worldly, Pune easily carries a larger than life persona though its glorious past is not always palpable. This is the place where Shivaji lived as a child, the seat of Maratha confederation at the peak of its heyday. This is the Pune that belonged to the Peshwas. Soon it became the monsoon capital of the British, who laid grounds for the cantonment you see today. Peppered with top-notch educational institutions like Symbiosis, The Film and Television Institute of India and many other renowned academic centers, Pune is famed as the ‘Oxford of the East’. It has meandering roads, most of which cut according to the natural slopes of the hilly terrain hugging the River Mutha.

    As the city developed haphazardly, a great number of highways were constructed while witnessing an IT boom. The fact that the usage of private motor vehicles like cars and bikes have escalated over the past decade in the place is not news. What is new though is that the city has the largest number of vehicle owners in Maharashtra, surpassing even Mumbai. Of all the 35 Maratha districts, 13.2% of families in Pune use cars as their mode of transport while Mumbai stands at 2nd place with only 12%. In the meantime, a similar progress were noticed in the usage of two-wheelers such as bikes, scooters and mopeds, which is a strapping figure of 48.8%.

    With the economic growth living up to the famous adage of Kennedy - ‘a rising tide can lift every boat’- it is not hard to fund one’s dream car. Pune car loan providers and dealers have understood this rise in tide and offer numerous loan options to their people. Hence, borrowing a portion of the entire car price from a bank or a financier is quite common nowadays. Depending on the bank, there will be a few eligibility criteria to be met and you will be asked to submit the required documents (ID proof, address proof, employment/ income proof etc). In the end, going for personal car loans is a much safer and cheaper option than other loans.

    If you are planning to purchase a new or used car and are looking for financiers, please have a look at the below points before approaching any car loan provider.

    • Do you have any additional pending loan EMIs?

      This is not to say that you will not be eligible in case of an existing loan or you have to pay off everything before applying for another loan. They will check and assess whether your present financial condition lets you settle up that loan together with the new one. You also have the option of consolidating the previous and current loans into one. Not only will this make for easy loan settlement but also avail you a reduced interest rate.

    • Why choose bank 1 compared to bank 2?

      Selecting a bank to apply for a car loan can be baffling as the market is highly competitive. High variation of interest rates can be spotted when you do some research. Hence surf through those price comparison websites regarding car loans and pick the bank that offers the lowest rates. But that is not all. Do not miss the oh-so-well-hidden fees lurking on the page. Your list will soon become shorter and that is the time to get in touch with the nearest branches and make detailed inquiries. Food for thought- there have been cases where loan providers receive way less money as interest but levy an outrageous processing fee, which effectively nullify what you save on interest. Think before you sign!

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

    Pune Car Loan Reviews

    • Bank Bazaar Car Loan
      "Car Lone"
      0.5 4.5/5 "Excellent!"
      I m abhishek shah ,Bank Bazaar is a good online portal it has all the financial products details it gave me good banking experience. Person from Bank Bazaar have called me on time and also helped on car loan process and they clarify my issues what I had related to the loan.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 15, 2017
    • Bank Bazaar Car Loan
      "Good interface"
      0.5 4.0/5 "Great!"
      The user interface of bankbazaar is good. They have lot of options and different deals from different banks. We could able to compare with different banks.I am using there desktop version. The executive gave proper response and was they were very much helpful.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 14, 2017
    • HDFC Bank Car Loan
      "Considerable bank "
      0.5 4.0/5 "Great!"
      I have planned to take a car loan from HDFC bank.Later we postponed the plan of taking the car loan for now. Depend upon the offer and the interest rate i can consider HDFC bank. They gave good response an the executive called me and i have informed him about the change of plan.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 14, 2017
    • Bank Bazaar Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      My experience was very excellent with Bank bazaar. Their customer service was on time and responses was immediate so I would like to recommend to others. The website was very user friendly and I have tried using EMI calculator and credit score option which was very useful.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 13, 2017
    • HDFC Bank Car Loan
      "Very good"
      0.5 3.0/5 "Satisfactory"
      I have my car loan with HDFC bank . The rate of interest was 8-9% which was satisfactory and the loan amount was 5 lakhs . The loan process was hassle free and they have provided door step service for collecting documents but the processing fee was 7000-8000 and I am not satisfied. My overall experience was very good.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 13, 2017
    • Bank Bazaar Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      It was been recently came to know about Bankbazaar.com it was a very good experience with Bankbazaar.com I got immediate response once I applied also I applied with Bankbazaar.com website which was easy to use it was totally a good experience with Bankbazaar.com.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 13, 2017
    • HDFC Bank Car Loan
      "Worst service"
      0.5 1.0/5 "Really Bad"
      I am not much happy about the service of HDFC for my car loan service the process was very slow with HDFC ,once they collected my documents from my end nobody turned up also I have been stacked with my personal issues so I was unable to process with loan process further.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 13, 2017
    • Bank Bazaar Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      Bankbazaar has been good overall and they are immediate to contact me and give me the necessary details. The banks also contacted me on time and this process was very helpful. The follow up calls are good and supportive and there are no hassles.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 11, 2017
    • TVS Credit Services Car Loan
      "Overall good"
      0.5 4.5/5 "Excellent!"
      The process is good at TVS credit services for the car loan. I was contacted on time and I was given the details. The loan is yet to be disbursed because I am yet to submit one document to them. The previous car NOC is pending from my end. Overall good.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 11, 2017
    • Bank Bazaar Car Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      I am using bank bazaar website for a first time. I came to know about the website through internet. The customer service and response is good with bank bazaar. They are giving proper guidance to the customers. Overall it was a good experience.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 11, 2017
    • HDFC Bank Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      I had applied for a car loan with HDFC Bank through online channel. Actually I was looking for 100% funding. Since I don't maintain account with them so they cannot offer much funds. The customer service and response is good. ROI is also good. My loan was processed with ICICI Bank.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 11, 2017
    • Bank Bazaar Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I had a very good experience with Bank bazaar. The customer service and responses was up to the mark. The website has good options like EMI calculator and credit score option which was use full. MY overall experience was excellent .
      Was this review helpful? 0
      , pune
      Reviewed on Nov 10, 2017
    • Sundaram Finance Car Loan
      "Good"
      0.5 3.0/5 "Satisfactory"
      I have my car loan with SUNDARAM FINANCE. The loan process was very easy and I have taken 6 lakhs. The interest rate was 9.5% which was bit high than other banks in the market. They have provided door step service for collecting documents and sanctioned the loan with the committed time. My overall experience was good.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 10, 2017
    • Capital First Car Loan
      "Car loan with Capital First"
      0.5 5.0/5 "Blown Away!"
      I have postponed the plan of taking a car loan from CAPITAL FIRST. If in future,if i am planning to take car loan then i will definitely consider CAPITAL FIRST.The exec utive gave me good follow up and response at the time of my application. It can be recommended.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 10, 2017
    • Bank Bazaar Car Loan
      "Good website & user friendly"
      0.5 5.0/5 "Blown Away!"
      It was always good with bankbazaar.com. I used most of the times, its been 1 year now. I used to check information on the website. It is a informative website. The customer service and response is good. The website looks good and its very easy to use as well.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 10, 2017
    • Sundaram Finance Car Loan
      "Better"
      0.5 4.0/5 "Great!"
      I had applied my car loan application with Sundaram Finance through online channel. It was a proper followup. The customer service and response was good. ROI is nominal when compared to other banks. I had postponed my plans and they closed my application. I would like to go with them in future.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 10, 2017
    • Bank Bazaar Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      Bank bazaar is very quick and fast to process the request raised form the customers end.I have never interacted with the executives like bank bazaar,they had given the right information to the product.I have been using the site for the past three years, in all it was very good to use.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 10, 2017
    • Axis Bank Car Loan
      "Average service"
      0.5 1.5/5 "Bad"
      I had applied for a car loan with Axis bank.The loan amount is 10 lakhs.Rate of interest is 8.7% nominal as compared to others.The executives called me for documentation,unable to provide as i don't have a salary slip hence closed the application.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 10, 2017
    • Bank Bazaar Car Loan
      "Overall good"
      0.5 4.0/5 "Great!"
      The response is good from Bankbazaar. It was quite prompt after I submitted my information. I also received calls from the bank as well on time. I understand the fact that the credit score displayed on the site Bankbazaar is generated by a company named Experian but it would be great if credit score generated by Experian matches with the one generated by Cibil.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 10, 2017
    • SBI Car Loan
      "Excellent process and benefit"
      0.5 5.0/5 "Blown Away!"
      I have taken a car loan from State Bank of India and the process was excellent. I only had to visit the bank only once. I got the rate of interest of around 8.4% to 8.5% and the processing charges was zero. The foreclosure has no charges as well and there is a part payment feature.
      Was this review helpful? 0
      , pune
      Reviewed on Nov 10, 2017
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