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
    8.75% - 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
    What you'll love
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    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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    Fees & Charges
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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 2215 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

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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 19 Oct 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

    • HDFC Bank Car Loan
      "Good experience"
      0.5 3.0/5 "Satisfactory"
      Quite unsure why my car loan request was not processed . They showed interest they had discussed with me the information about all parameters even about foreclosure and part payment. I am happy with the interest rate and processing fee charged by HDFC bank. Sadly, my request is not processed by the said bank.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 19, 2017
    • Bank Bazaar Car Loan
      "Average experience"
      0.5 3.5/5 "Pretty good"
      The experience at Bankbazaar was average as there was a delay in the response. It would have been better if they were more quick to contact me. After which I got the information about the banks. The website is good and could have more banks listed with a lesser interest rate.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 19, 2017
    • Bank Bazaar Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      The bank bazaar website was good to apply for a loan. I have placed my request through online website. I got good response from the customer service. I am much satisfied with the service. It is a hassle free website. I came to know it through internet.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 19, 2017
    • Axis Bank Car Loan
      "Unhappy with the services"
      0.5 4.0/5 "Great!"
      I received a response from Axis Bank and the services was not that satisfactory to me as the bank was not willing to give the appropriate details for the car loan. The interest rate was around 10% and it was very high. The processing charges was also high. I was not happy with the process.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 19, 2017
    • HDFC Bank Car Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      Earlier I was searching for a new Hyundai car so I have approached HDFC bank. The response was good and the customer service is up to the mark. Later I changed my plans for second end car. They offered me rate of interest is 9.9% and am completely satisfied.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 19, 2017
    • Bank Bazaar Car Loan
      "Very good experience"
      0.5 5.0/5 "Blown Away!"
      My experience at Bankbazaar is good and there are no hassles. They done a good job and it was a easy process. They communicated well and on time. The customer services are good as they were clear in the details. It was very convenient t register my information.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 19, 2017
    • Dena Bank Car Loan
      "Response is good"
      0.5 5.0/5 "Blown Away!"
      Since I postponed my plans to get a vehicle. I cancelled my car loan with Dena bank. The customer services is good. There was no delay in them contacting me and informing me the details. The interest rate and processing charges was a good deals as well.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 19, 2017
    • Bank Bazaar Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      I can say a good customer service from the bank bazaar side . The executive from the bank bazaar mis guided me so i am rating 4 . The website was user friendly and easy to use as i am not a first time user . Bank bazaar has helped me for many products .
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • Axis Bank Car Loan
      "Good"
      0.5 5.0/5 "Blown Away!"
      I postponed my plan of buying a car now for the next year so i canceled the process. Customer service was good from the AXIS bank end . they contacted me on time and delivered the proper information for the process . the rate of interest was also minimal for the other banks and the processing fee was a bit high something around rs 2.5K i liked the process over all .
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • Bank Bazaar Car Loan
      "Better service"
      0.5 5.0/5 "Blown Away!"
      I got the call within a day time after I gave my requirement in bank bazaar website. The website of bank bazaar is easy to use and user friendly. I am with bank bazaar for past seven months. The customer support was prompt with bank bazaar team..
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • HDFC Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      The HDFC bank car loan service was good, but I have postponed the car loan at the moment so that was the reason I haven't processed with the HDFC bank. The rate of interest is nominal with HDFC bank. I would say , I have got good service from Hdfc bank.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • Axis Bank Car Loan
      "It is the best"
      0.5 5.0/5 "Blown Away!"
      Much appreciable, as AXIS bank did not charge any processing fee for the car loan . They had given a waiver on the interest rate . They came to my office took all my documents and again for agreement signing. I can repay the amount when ever I want I guess there is no charge for the same.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • Bank Bazaar Car Loan
      "Bankbazaar is the best"
      0.5 5.0/5 "Blown Away!"
      No wonder, Bankbazaar provides too many options and it is very easy to take decision using the options which was provided by bankbazaar.com.I placed a request online initially and i got a call from bankbazaar and i am very much happy with the service quality and their service is the best.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • HDFC Bank Car Loan
      "Very good"
      0.5 5.0/5 "Blown Away!"
      The crucial element of loan is the rate of interest, but that is very high with HDFC Bank that is why I opted out of HDFC Bank. Simultaneously I got a better response from AXIS bank that is why I moved banks. As far as HDFC Bank is concerned, I bank with them I am satisfied with the response provided by them.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • Bank Bazaar Car Loan
      "Good going for any loan"
      0.5 5.0/5 "Blown Away!"
      BANKBAZAAR.com is easy to use they had collected all the details. The comparison part is very good, they have offered 2 to 3 banks all those were nice and i had chosen one from them. The mobile application is user friendly Bankbazaar is already doing good.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • HDFC Bank Car Loan
      "Good experience"
      0.5 5.0/5 "Blown Away!"
      HDFC Bank car loan processing and all the other things are good. The processing and disbursement is very good. I had taken this loan, as i bank with HDFC and that is why i had chosen HDFC Bank. Interest rate was okay and processing fee charged by HDFC bank was also okay, but when compared with other banks the processing fee is little bit high.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • Kotak Car Loan
      "Quick Approval"
      0.5 4.0/5 "Great!"
      My car dealer suggested me a Kotak Mahindra Bank for the loan. The rate of interest was satisfied, so I have proceeded with them. The customer service and response was good. The loan was sanctioned on time. The EMI period is 5yrs and I pay through ECS.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • Bank Bazaar Car Loan
      "Need proper response"
      0.5 3.0/5 "Satisfactory"
      Bank Bazaar experience was pretty good, when i applied for a car loan. I got a call from the executive about the credit cards and car loan. Though am happy with the credit offers, I have given a request. Nobody turned up about the credit card information but satisfied with car loan service.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • HDFC Bank Car Loan
      "Need proper response"
      0.5 2.0/5 "Expected more"
      I have applied for a car loan with HDFC bank through online channel. Initially I had a good response after collecting my documents, there were no followups from the bank side. So I have approached another bank for car loan. The Rate of interest was moderate.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
    • Bank Bazaar Car Loan
      "Average service "
      0.5 3.0/5 "Satisfactory"
      Had a great response from bank bazaar after applying for my loan request.They do multiple follow ups to check customer has met their requirement or not.I loved the service its extraordinary compared to others,always visit the website and check for loan offers and card offers.
      Was this review helpful? 0
      , pune
      Reviewed on Oct 17, 2017
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