If you really think about it, it's easier getting a loan for a car than a loan for bus fare!
  • loading

    We found 28 Visakhapatnam 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
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    8.60% - 11.50% Fixed
    Up to ₹5,500
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    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
    Documents
    Perks
    Think about
    Fees & Charges
    Good To Know
    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
    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
    What you'll love
    Documents
    Perks
    Think about
    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
    8.80% - 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
    What you'll love
    Documents
    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
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.05% Floating
    575 One time fee
    1L - 2Crs
    1-7 Years
    Response Time : Within 30 minutes
    SPECIAL OFFER FOR WOMEN
    What you'll love
    Documents
    Perks
    Fees & Charges
    Good to Know
    Eligibility Criteria
    9.55% Floating
    0.5% (min. ₹575)
    1L Min
    1-7 Years
    Response Time : Within 30 minutes
    What you'll love
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    12.05% - 12.25% Fixed
    0
    1L to 15L
    1-6 Years
    Response Time : Within 30 minutes
    Documents
    Perks
    Think about
    Fees & Charges
    Good to Know
    Loading your search...
    Close

    Compare Car Loan Offers from Top Banks. Apply Online and Get e-Approved Instantly.

  • Visakhapatnam Car Loan is Rated as "Great!" by 179 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Car Loan BYTES FROM OUR KITCHEN

    Visakhapatnam Car Loan

    Visakhapatnam, also known as “Vizag”, is a port city on the southeast coast of India in the state of Andhra Pradesh. It is often called "The Jewel of the East Coast" and the "City of Destiny". The city is home for various state owned heavy industries and a steel plants. Apart from accommodating various international information technologies and banking firms, the city is a hub for iron ore and other minerals which are exported to China and other countries. The fishing and real estate industry has seen a tremendous growth.The city has a population of over 1 million, is the second largest city in the state of Andhra Pradesh and the third largest city on the east coast of India. Visakhapatnam has been recognised as a Global City of the Future by McKinsey Quarterly.

    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 Visakhapatnam Car Loan if you are

    01
    02
    03
    04
    Visakhapatnam Car Loan Minimum Age

    At least 21 years old

    Visakhapatnam Car Loan Maximum Age

    Less than 67 years old

    Visakhapatnam Car Loan Eligible Employment Type

    Salaried / Self – Employed
    with regular income

    Visakhapatnam Car Loan Minimum Income

    Earn more than the minimum
    income required


    Your Visakhapatnam Car Loan amount eligibility is based on these factors

    01
    02
    03
    Visakhapatnam Car Loan Minimum Salary

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

    Visakhapatnam Car Loan Maximum Loan to Value

    Loan capped @
    85% Ex-Showroom price

    Visakhapatnam Car Loan EMI

    EMIs of other loans lower
    your eligibility


    Increase your eligible Visakhapatnam Car Loan amount by these steps

    01
    02
    Visakhapatnam Car Loan Payoff Outstanding Credit Card Bills

    Pay off your credit card bills

    Visakhapatnam Car Loan Maximum Tenure

    Choose longer tenure loan up to 5 years


    Documentation needed to apply for an Visakhapatnam 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

    Visakhapatnam Car Loan Interest RatesUpdated on 20 Nov 2018

    Visakhapatnam 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

    Visakhapatnam Car Loan Reviews

    • Bank Bazaar Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      I am using the services of bankbazaar from last 1 month, they provide good services when compared to others. Customer service was good with bankbazaar and they responded on time. Website of bankbazaar is easy to access and is user friendly.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 30, 2018
    • HDFC Bank Car Loan
      "Good service"
      0.5 4.0/5 "Great!"
      It was a fine experience with HDFC bank for car loan, the process was quick and i received my credit card within 3 days. The loan amount was for Rs 3.74 lacs with nominal interest rate when compared to others. The tenure period for this loan is 7 years and the customer service was good.
      Was this review helpful? 1
      , visakhapatnam
      Reviewed on Oct 30, 2018
    • SBI Car Loan
      "Average experience"
      0.5 3.0/5 "Satisfactory"
      My experience with SBI for car loan was good, the rate of interest was little high when compared to other banks. It was a new car and the loan amount was for Rs 4.5 lacs. They charged Rs 3000 as penalty without my notice for RC issue. The tenure period for this loan is 7 years.
      Was this review helpful? 3
      , visakhapatnam
      Reviewed on Oct 11, 2018
    • SBI Car Loan
      "GOOD"
      0.5 5.0/5 "Blown Away!"
      I have purchased the car loan from the STATE BANK OF INDIA and using from last 1year 3monthsand i have to pay 50k for every month. I got approval of 7 lakhs which is satisfactory added on that the rate of interest is 11-10%. Process is quick service also the documentation are simple.
      Was this review helpful? 5
      , visakhapatnam
      Reviewed on Oct 01, 2018
    • Bank Bazaar Car Loan
      "Excellent service"
      0.5 5.0/5 "Blown Away!"
      The service is excellent with the bank bazaar team. The immediate call backs are done by the bank bazaar customer support team. The mobile application and the bank bazaar website is easy to use and user friendly. I know bank bazaar website for more than a year.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Feb 01, 2018
    • ICICI Bank Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have cancelled the car loan plan at present so that was the reason I haven't got the car loan from the ICICI bank. The customer support service and the response was good with the ICICI bank. The rate of interest was high with the ICICI card loan as per my knowledge.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Feb 01, 2018
    • SBI Car Loan
      "Good service"
      0.5 3.0/5 "Satisfactory"
      I have taken a car loan with SBI and my loan experience was very good. The loan amount was for Rs 3 lakhs with the rate of interest which is nominal when compared to other banks. The process was smooth and i received my loan amount immediately. Customer service was good and they followed up on time. The tenure of this loan is 5 years.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jan 29, 2018
    • Bank Bazaar Car Loan
      "Good website"
      0.5 4.0/5 "Great!"
      The website of bankbazaar is good. The service is comfortable and the website is really helpful in search of all the financial products. I got quick response and good follow up calls. I got good assistance from bankbazaar. My car loan got approved through bankbazaar.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jan 03, 2018
    • HDFC Bank Car Loan
      "Good Experience"
      0.5 3.5/5 "Pretty good"
      I have taken a car loan from HDFC bank. The approved loan amount was 3 lakhs and 4 thousand. The rate of interest is 10.89%. The monthly EMI is 6500 for 5 years. it requires only minimal document for the car loan process.The experience is good.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jan 03, 2018
    • Bank Bazaar Car Loan
      "Good website"
      0.5 3.0/5 "Satisfactory"
      I know bankbazaar.com from last 1-2 years, Bankbazaar is always my first priority when it comes to buying of financial products. The services are good when compared to all other banking website. The customer service was upto the mark and prompt. The website is easy to access and it is user friendly.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 31, 2017
    • ICICI Bank Car Loan
      "Not satsifactory"
      0.5 1.0/5 "Really Bad"
      I have applied for the car loan from ICICI bank, my loan application was closed because the number of transactions which was done from my account was exhausted. The customer service was not good, the transaction of Rs 1.34 lakhs was done from my account without my notice. The rate of interest was high when compared to other banks.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 31, 2017
    • Bank Bazaar Car Loan
      "Good website"
      0.5 5.0/5 "Blown Away!"
      I know bankbazaar from last 7 to 8 years, Bankbazaar provides good services when compared to all other banking websites. The customer service is good and prompt, they supported very well. The bankbazaar website is easy to navigate and it is user friendly.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 17, 2017
    • TVS Credit Services Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      I have applied for car loan from TVS CREDIT SERVICE, i am happy that my car loan application was approved and the amount was disbursed. The customer service was good and they very helpful, they provided door step service for the collection of documents. The rate of interest is nominal when compared to other sources.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 17, 2017
    • Bank Bazaar Car Loan
      "Helpful and Hassle free "
      0.5 4.0/5 "Great!"
      I had a good experience with Bankbazaar.com as i received proper information and service from them. it was hassle free throughout the process as i was given good guidance.I also find the website to be user friendly and helpful with financial products.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 10, 2017
    • ICICI Bank Car Loan
      "satisfied"
      0.5 4.0/5 "Great!"
      I had applied for a car loan with ICICI but wasn't completed as they were only willing to lend on normal cars and not the factory one. The customer service and response received from them was good. I have no other concerns with them. I find the experience with them satisfactory
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 10, 2017
    • andhra Bank Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I applied for my car loan with my parent bank which is Andhra Bank after closing my car loan application with HDFC Bank as it will be very easy for me to communicate with the bank staffs and also for payments and EMI options. There was no processing fees and the rate of interest is 9.1% which is good when compared with HDFC Bank.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 04, 2017
    • Bank Bazaar Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      Bank Bazaar customer service staff called me on the same day. Bank Bazaar's customer service is very good. Bank Bazaar's website is good and very easy to use and apply loans. Website interface is very easy to navigate and user friendly. Overall it was a good service provided by Bank Bazaar.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 04, 2017
    • HDFC Bank Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I had applied my car loan application with HDFC Bank initially but then I changed my decision and closed my car loan application. HDFC Bank were good in the response. HDFC Bank offered me the car loan with 9.5% as rate of interest and the processing fees was Rs. 2500.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Oct 04, 2017
    • Bank Bazaar Car Loan
      "Very good experience"
      0.5 5.0/5 "Blown Away!"
      I only had to navigate through the portal of Bankbazaar and I received a call immediately. The executive who handled the process is also good. The details was pretty clearly conveyed and there are no hassles as such. The online banking is also good.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Sep 19, 2017
    • HDFC Bank Car Loan
      "Fantastic services"
      0.5 5.0/5 "Blown Away!"
      I am extremely happy about the car loan with HDFC Bank. They have done a fantastic job. The executive was really good and very much prompt. I got the loan within two days. The interest rate was around 8.75% and it is for the loan amount of 6.5 lakhs. I bought a Maruti Suzuki Dzire.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Sep 19, 2017
    Common Loader Icon

    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.

    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.