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 31 Pune Car Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.40% - 11.10% Fixed
    Up to ₹4,720 One time fee
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon Voucher 100% PAPERLESS APPROVAL
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    13.1% - 15% Floating
    999 + applicable tax
    20K - 10L
    1-5 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon Voucher 100% PAPERLESS APPROVAL
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    Fees & Charges
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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
    What you'll love
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    Perks
    Think about
    Fees & Charges
    Good to Know
    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 100% financing on car value
    What you'll love
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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 100% PAPERLESS APPROVAL
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    Eligibility Criteria
    8.75% - 8.80% Fixed
    3,500 One time fee
    1L Min
    1-5 Years Tenure
    Response Time : Within 30 minutes
    What you'll love
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    Perks
    Think about
    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
    What you'll love
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    Perks
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    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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    Good to Know
    Eligibility Criteria
    12% - 13% Fixed
    1% One time fee
    50K - 10L
    1-4 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Eligibility Criteria
    8.75% - 13% Fixed
    Up to ₹ 5,000 One time fee
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon Voucher
    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
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    Perks
    Good to Know
    Eligibility Criteria
    11.50% Floating
    575 One time fee
    1L Min
    1-3 Years
    Response Time : Within 30 minutes
    What you'll love
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    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
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  • Pune Car Loan is Rated as "Great!" by 2461 Users

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    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 Sep 2018

    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
      "Best Service"
      0.5 5.0/5 "Blown Away!"
      My experience was good so far with bankbazaar, they provide good services when compared to others. Customer service is very good with bankbazaar and their response was on time. Mobile application of bankbazaar is easy to use and is user friendly.
      Was this review helpful? 2
      , pune
      Reviewed on Sep 08, 2018
    • TVS Credit Services Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      My car loan was approved with TVS Credit and my loan experience was very good, the process was quick and i received my loan amount in 4-5 days. Documents were collected on time and the customer service was good. The loan amount was for Rs 2.15 lacs with the tenure period of 29 months.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 08, 2018
    • Bank Bazaar Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I am using both mobile application and website of bankbazaar, it is easy to navigate and is user friendly to use. I know bankbazaar.com from last 2-3 years. Customer service is fine with bankbazaar and their response is good.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 08, 2018
    • Capital First Car Loan
      "Needs to improve"
      0.5 1.0/5 "Really Bad"
      My experience was not good with Capital First for car loan, verification process was too long and they verified documents 5-6 times. The loan amount was disbursed after 20-22 days. It was a used car loan with high interest rate and i am not happy with the customer support.
      Was this review helpful? 1
      , pune
      Reviewed on Sep 08, 2018
    • Bank Bazaar Car Loan
      "Best Service"
      0.5 4.5/5 "Excellent!"
      I am using the services of bankbazaar from last 2.5 years, my experience was good so far with bankbazaar. Customer service was good with bankbazaar and they responded on time. Mobile application of bankbazaar is easy to access and is easy to use.
      Was this review helpful? 0
      , pune
      Reviewed on Sep 08, 2018
    • HDFC Bank Car Loan
      "Good service"
      0.5 4.5/5 "Excellent!"
      My experience with HDFC bank for personal loan was good, the process was smooth and i received my loan amount within 10 days. There was a delay in documents pick up. The loan amount was for Rs 9.2 lacs with nominal interest rate in the market. Customer service was good and they responded on time.
      Was this review helpful? 1
      , pune
      Reviewed on Sep 08, 2018
    • HDFC Bank Car Loan
      "Customer Care should be Improved"
      0.5 3.0/5 "Satisfactory"
      I have taken a car loan from the HDFC bank for 2.5 Lacs, the interest rate was in par with the market rate. There were EMI Auto debit issues and I was charged.fund was visit the branches. Finally the refund the amount, response is very poor. I am yet to receive even after closing the loan.
      Was this review helpful? 1
      , pune
      Reviewed on Sep 05, 2018
    • Renault Finance Car Loan
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      It was a quick and easy process with Renault Finance. I have taken my car loan and they done a good job. The rate of interest is around 8.20%. The processing charges are normal and in all the customer services are good and supportive. The after loan services are good too.
      Was this review helpful? 4
      , pune
      Reviewed on Aug 22, 2018
    • Bank Bazaar Car Loan
      "The customer service and responses were good"
      0.5 4.0/5 "Great!"
      I have been using BANK BAZAAR services from past so many months . I have not started using mobile application . For the first time i have taken financial product from bank bazaar . The service which has been provided through this bank is pretty good compare to others. Customer service si up to the mark . I came to about this website through this online portal.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 14, 2018
    • Capital First Car Loan
      "Not satisfactied with services "
      0.5 1.0/5 "Really Bad"
      I have taken car loan with CAPITAL FIRST BANK . I have not receive my full disbursement amount , i went to enquire about what is exact procedure but i did not get proper response, till date i did not get my complete amount . Initially they said me they will deduct processing fee which is 10000rs from my sanction amount . I am disappointed with the customer service they did not gave me full information even banking services are not up to the mark , they make me to run a lot . The rate of interest is nominal in the market . I have to pay 15000 of EMI and tenure period is 7yr . There is no hidden charges .
      Was this review helpful? 1
      , pune
      Reviewed on Aug 14, 2018
    • Bank Bazaar Car Loan
      "More than satisfactory"
      0.5 5.0/5 "Blown Away!"
      Be it a home loan transfer or a mutual fund or a loan, I am connected with Bankbazaar for it. The customer services are excellent and I have no hassles to get details of the process. The mobile application is good, it would be better if the details of the mutual fund is also available.
      Was this review helpful? 2
      , pune
      Reviewed on Aug 11, 2018
    • HDFC Bank Car Loan
      "Excellent services"
      0.5 5.0/5 "Blown Away!"
      HDFC Bank has offered me a car loan and the process is really good. The process is fast and I got the loan on time. I am pretty happy with the customer services and response, so I not so keen about the interest rate which was around 9% for the tenure of five years.
      Was this review helpful? 2
      , pune
      Reviewed on Aug 11, 2018
    • Bank Bazaar Car Loan
      "Nice experience"
      0.5 5.0/5 "Blown Away!"
      I would give five stars for Bankbazaar because I applied for the car loan in the morning and I received a call within two hours. They provided a list of banks and processed the details to the concerned bank. There were follow up calls as well, to check if the representative contacted me and if the loan is processed or not. The website is good too.
      Was this review helpful? 1
      , pune
      Reviewed on Aug 11, 2018
    • HDFC Bank Car Loan
      "Satisfied with the service"
      0.5 5.0/5 "Blown Away!"
      It was a easy process with HDFC Bank and I received the car loan in three to four days. I had no issues as the executive came to me and the documents was collected. The rate of interest is very good and it is around 9% and the processing fees is nominal. The tenure is for five years. I have taken a Maruti Suzuki Swift and I got 80% of the loan.
      Was this review helpful? 2
      , pune
      Reviewed on Aug 11, 2018
    • Bank Bazaar Car Loan
      "Best service"
      0.5 4.5/5 "Excellent!"
      I know bankbazaar.com from last 2-3 years, the services provided by bankbazaar is pretty good when compared to others in the market. Customer service was good and they followed up on time. I am using the website of bankbazaar for checking credit score and it is user friendly to use.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 27, 2018
    • HDFC Bank Car Loan
      "very good service"
      0.5 4.5/5 "Excellent!"
      My car loan was approved with HDFC bank and the experience was pretty good, the loan amount was disbursed within 10 days. I have taken loan for Rs 5.3 lakhs with nominal interest rate when compared to other banks. My loan was approved on Ex-showroom price. Customer service was good and the tenure for this loan is 7 years.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 27, 2018
    • IndusInd Bank Car Loan
      "Good Service"
      0.5 4.5/5 "Excellent!"
      I took a car loan from the IndusInd Bank for 6 Lac, I got the loan amount with in 1 week. I applied at the branch. The whole application process was easy and hassle free. The interest rate is nominal when comparing to other banks in the market. So far it has been a very good experience with the bank and their services.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 14, 2018
    • SBI Car Loan
      "Easy to get"
      0.5 4.0/5 "Great!"
      I have not chance to go through their banking statement. The interest rates very less like 9.75 for the new car buyers. They have their own rules and term and conditions. It was one time payment and processing fee was less compared to other banks. I got car loan of Rs. 6 lakhs and I'm making the EMI of Rs. 10000.
      Was this review helpful? 0
      , pune
      Reviewed on Jun 05, 2018
    • Bank Bazaar Car Loan
      "Good"
      0.5 4.0/5 "Great!"
      BANK BAZAAR is a good platform for all the financial products . The customer serviced and responses was rely good. The website has many good options on banks and interest rate . The web portal's accuracy and speed is good .My overall experience was good
      Was this review helpful? 0
      , pune
      Reviewed on May 29, 2018
    • TVS Credit Services Car Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      My car loan was taken with TVS . The interest rate was 15% which is high so I cancelled the loan. The customer service and responses was very good. The interest rate was 2 lakhs . My overall experience was good so I would like to recommend to others.
      Was this review helpful? 0
      , pune
      Reviewed on May 29, 2018
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