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 Visakhapatnam Car Loan
    Bank Name
    Interest Rate Range
    Processing Fee Range
    Loan Amount
    Tenure Range
    8.40% - 10.35% 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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    Fees & Charges
    Good to Know
    8.90% Floating
    0
    1Cr Max
    7 Years
    Response Time : Within 30 minutes
    Paperless approval available
    What you'll love
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    Good to Know
    Eligibility Criteria
    13.1% - 15% Floating
    999 + applicable tax
    20K - 10L
    1-5 Years
    Response Time : Within 30 minutes
    Rs.2,500 Amazon voucher free Paperless approval available
    What you'll love
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    Fees & Charges
    Good to Know
    Eligibility Criteria
    8.80% Floating
    0
    1Cr Max
    7 Years
    Response Time : Within 30 minutes
    SPECIAL OFFER FOR WOMEN
    What you'll love
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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
    What you'll love
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    Perks
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    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 free 100% financing on car value
    What you'll love
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    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 free Paperless approval available
    What you'll love
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    Perks
    Fees & Charges
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    Eligibility Criteria
    11.40% Floating
    0
    35K - 25L
    5 Years
    Response Time : Within 30 minutes
    What you'll love
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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
    What you'll love
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    Fees & Charges
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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
    What you'll love
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    Fees & Charges
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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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    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
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  • Visakhapatnam Car Loan is Rated as "Great!" by 170 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 13 Dec 2017

    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 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
    • Bank Bazaar Car Loan
      "Excellent Service"
      0.5 4.0/5 "Great!"
      The bank bazaar customer service has reached me within 30 minutes of time after I gave requirement in the bank bazaar website . The website of bank bazaar is easy to use and user friendly. The bank bazaar customer support helped me to get in touch with the bank partner.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Sep 05, 2017
    • ICICI Bank Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I thought of getting a new car but due to some issues I have dropped my plan so that was the reason I haven't proceed further with ICICI bank car loan. The customer service gave good response to my car loan application. They just gave a call and explained me about the product and they told me to submit the documents as well.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Sep 05, 2017
    • Bank Bazaar Car Loan
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      Bank bazaar keeps a track on customer requirement , they guide the customer to reach their requirements on time. I am customer of bank bazaar for more than 2 years. The customer service of bank bazaar is very good , they give immediate response to all the queries. The website of bank bazaar is easy to use and user friendly.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Aug 31, 2017
    • ICICI Bank Car Loan
      "Good service"
      0.5 5.0/5 "Blown Away!"
      The ICICI executives told that it is not possible to approve my car loan, because I already hold a home loan with DFHL. The response and the follow up was good with ICICI . The rate of interest is nominal with ICICI . I have planned to get the Maruthi Eritiga but ICICI have told I am eligible to get only 2lakhs, but the vehicle on road price is Rs.9lakhs.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Aug 31, 2017
    • Bank Bazaar Car Loan
      "Very Good service"
      0.5 5.0/5 "Blown Away!"
      Service was fine ,Even the communication and approach of their representatives was also good and helpful ,What ever the information is they use to inform me properly without fail ,And their process was also on time when the date i applied for my car loan ,So it was very good service from BANKBAZAAR
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Aug 29, 2017
    • ICICI Bank Car Loan
      "Very Good service"
      0.5 5.0/5 "Blown Away!"
      Very helpful customer service executives ,Representatives use to give me proper feedback regularly regarding my processing of loan ,Even the rate of interest was also fine which was comfortable for me ,I had a personal problem so i am unable to process with my loan ,And i will take my car loan in future soon with the same bank
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Aug 29, 2017
    • HDFC Bank Car Loan
      "Fantastic service"
      0.5 5.0/5 "Blown Away!"
      HDFC car loan service is really good, they provide me a fantastic service and their representatives were very much helpful. The process followed by them was very quick and very good interest because the rate of intrest for my car loan was very low when compared to others banks within 2 to 3 days they completed my car loan process for me which was very helpful for me so it was really a good service I received from HDFC.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Aug 22, 2017
    • HDFC Bank Car Loan
      "Satisfactory service"
      0.5 4.0/5 "Great!"
      I have received 80% of car loan from HDFC bank. They have disbursed my loan within 5 days of time. The response with HDFC bank is really good and they have done everything on promised time. The rate of interest is reasonable with HDFC bank. The service which given by HDFC is very good and I am satisfied.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Aug 14, 2017
    • TVS Credit Services Car Loan
      "Immediate Response"
      0.5 5.0/5 "Blown Away!"
      I had applied for the car loan with TVS credit services. On the receipt of my application, I had received good response and immediate calls from TVS. But I already took home loan so I felt there is no requirement for the car loan for now hence I closed the car loan plan.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Jul 05, 2017
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