Car Loan in chennai

Check Car Loan Interest Rates of all major banks of chennai Instantly

Bank NameFloating Interest RateProcessing Fee
HDFC 8.25% - 14.26% (Avg 9.40%)Rs. 10,000 or 0.4% of car loan sanctioned
HDB bank N/AN/A
Bank of baroda 9.15 %Nil
AXIS 12 %Rs.3500 to Ra.5500
TATA CAPITAL 12.5 %1.50% of the loan amount or 6,000 per vehicle, whichever is higher
Kotak Mahindra Bank 11.50% to 13.50%N/A
IIFL 12%Rs. 4,500 to Rs. 8,000 or 1% of loan amount
ICICI 12.75 %5% on the outstanding principle
IndusInd bank 10.65 %1% of the loan amount
Federal Bank 9.20%Rs 1500 to Rs 2500
RBL BANK 12 to 14 %1% of Loan amount.

About chennai

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Formerly known as Madras, Chennai is the capital town of the state of Tamil Nadu. It is one of the most visited Indian cities by foreign tourists and is the biggest cultural, economic, and educational centre of South India.

Chennai is also nicknamed as “The Detroit of India” having a base of one third of India’s automobile industry. It is also a major film production centre and is home to Tamil Film Industry. For many centuries the region around Chennai has served as an important military, administrative, and economic centre. Ancient coins dating to around 500 BC have been found in the excavations in the city and surrounding areas. The sculpted caves and paintings of the age old period also have been identified from that period.

About Car Loan in chennai

We aim to create a robust alternative credit ecosystem in the country. For this, we are digitizing the finance functions. Anywhere and everywhere – you can Apply for a Car Loan with just a few clicks.

Now, you can compare and make a wise choice for the best Car Loan in chennai also. We bring forth a myriad of options from best banks and NBFCs for your convenience. It’s simple! Choose your desired product and win amazing assured cash backs up to Rs. 5000 on loan disbursal. Get ready to build a stronger tomorrow.

Eligibility Criteria for Car Loan in chennai -

No worries for strict eligibility conditions. We tie-up with all the best lenders in the chennai and help you with flexible eligibility criteria.

Salaried Individuals

  1. Any one aged between 21 to 60 years is eligible for a car loan.
  2. Good credit score is required for the car loan.
  3. The annual income should be around at least ₹ 2,50,000 to be eligible for a car loan
  4. A salaried individual should have the employment stability of at least 1 year with the current employer

Self-employed individuals -

  1. Any one aged between 21 to 65 years is eligible for a car loan.
  2. The annual income should be around at least ₹ 2,50,000 to be eligible for a car loan
  3. A self-employed individual should have the business stability of at least 2 year with the current employer

Documents Required for Car Loan in chennai

We leverage existing and emerging technologies to offer you the complete digitalized process. Upload the required documents; it will take a few minutes.

  1. KYC documents like Voter ID Card, Electricity Bill, Aadhaar Card, PAN Card, Passport, Ration Card, and Driving License
  2. Salaried individuals need to furnish salary slips for the last 6 months
  3. Self-employed individuals need to showcase Income Tax Return (ITR) for the last 2 years
  4. Pro-forma invoice of the vehicle
  5. Your net worth proof like that of fixed deposits
  6. Signature verification proof
  7. 2 recent size passport photographs

Benefits & features of taking a Car Loan in chennai

If you are falling short of funds for buying a car, go for a Car Loan. At chennai, we have a plethora of options with added benefits. Everything is online – you don’t need to visit the bank.

Get ready to leverage the following benefits –

  1. Instant Approval – Yes. SBI, ICICI, HDFC and other players are offering instant paperless approval for Car Loan. Apply at Afinoz, and we will help you avail the Car Loan at best rate.
  2. High Eligibility – Within a just few minutes, we will assess your Car Loan eligibility and suggest you the best available options in chennai. Our process is driven by automated technologies, and we help you get low EMI Car Loan
  3. Balance Transfer – We will make you pay your EMI easily by reducing your debt amount. Transfer your Car Loan Balance to save on money. Some lenders charge fee for a balance transfer.

ICICI BANK LIMITED

About

ICICI Bank is an Indian multinational bank and financial services company. Headquartered in Mumbai, India, the bank currently has a network of ,87 branches and , 7 ATMs across India. The bank became the first Indian bank to list on the New York Stock Exchange in 000. It is India’s largest private sector bank with total consolidated assets of Rs. ,.8 billion (US$ 7. billion) as on March 08.

Banking

Internet BankingMobile BankingPockets

Product

Account Savings Accounts -in- Account Salary Account PayLater by ICICI Bank Pension Accounts EEFC Account Outward Remittance Child Education Plan New Pension SchemeAgri & Rural Farmer Finance Instant Gold Loan Agri Traders & Processors Agri Corporates Tractor Loan Micro BankingForex

Loans

Home LoanCar LoanPersonal LoanEducation LoanGold LoanLoans Against SecuritiesCommercial Business LoanPradhan Mantri Mudra YojanaStand-Up India SchemeTwo Wheeler LoansBusiness Loan

Card

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Insurance

ICICI LombardICICI Pru Heart/Cancer ProtectICICI Pru iProtect SmartCar InsurancePradhan Mantri Jeevan Jyoti Bima Yojana

Popular product

Account Savings Accounts -in- Account Salary Account PayLater by ICICI Bank Pension Accounts EEFC Account Outward Remittance Child Education Plan New Pension SchemeAgri & Rural Farmer Finance Instant Gold Loan Agri Traders & Processors Agri Corporates Tractor Loan Micro BankingForex

Branch

CHENNAI
CHENNAI,T.NAGAR
VELACHERY MAIN ROAD
CHENNAI - MOUNT ROADá
CHENNAI - SELAIYURá
CHENNAI - EGMOREá
CHENNAI - PADIANALLURá
CHENNAI - BESANT NAGARá
CHENNAI - SOWCARPETá
CHENNAI - NANDANAMá
CHENNAI - ANNA NAGARá
CHENNAI - T. NAGARá
CHENNAI - PURASAWALKAMá
CHENNAI - WEST MAMBALAMá
CHENNAI - R H ROADá
CHENNAI - MAINá
MAHALINGAPURAM
CHENNAI - G.P.ROAD
CHENNAI ONE IT PARK
BROADWAY
THILLAI GANGA NAGAR
GUINDY
MKB NAGAR
VANAGARAM
OFFICERS COLONY PADI
M G ROAD SASTRI NAGAR
AKKARAI
VEPERY
PALAVAKKAM
ZAMIN PALLAVARAM
SANTHOME HIGH ROAD
CHENNAI MAHALAKSHMI NAGAR
PERUNGUDI
VENGAIVASAL
SHENOY NAGAR
EGMORE MONTIETH ROAD
URAPAKKAM
VALMIKI NAGAR
VALLUVARKOTTAM
ASHOK PILLAR
ROYAPETTAH
VELACHERY_JAGANATHAPURAM
VILLIVAKKAM
SIRUSERI
MAMBAKKAM MAIN ROAD
KOVILAMBAKKAM
MUDICHUR
RAMAPURAM
PORUR
NEELANKARAI
MADURAVAYOL
THIRUVOTTIYUR
PAMMAL
CHENNAI OLD WASHERMENPET
CHENNAI NORTH BOAG ROAD
CHENNAI RAMNAGAR
CHINMAYA NAGAR
ST. THOMAS MOUNT
NANDANAM
VADAPALANI
ARUMBAKKAM
MAHALINGAPURAM
GOVINDAN ROAD
KORATTUR
MYLAPORE
SAIDAPET
CHENNAI - KOLATHUR
MOGAPPAIR
PH ROAD
PERAMBURá M.H. ROAD
EKKATUTHANGAL
KOYAMBEDU
CHENNAI - T NAGAR, TAMIL NADU
CHENNAI - AYANAVARAM, TAMIL NADU
CHENNAI HARRINGTON ROAD, TAMIL NADU
CHENNAI-ASHOK NAGAR, TAMIL NADU
CHENNAI - ANNA NAGAR VI MAIN, TAMIL NADU
CHENNAI - GOPALAPURAM, TAMIL NADU
CHENNAI - MYLAPORE OLIVER ROAD, TAMIL NADU
INDIRA NAGAR - CHENNAI, TAMIL NADU
SALIGRAMAM, CHENNAI
MOGAPPAIR-CHENNAI, TAMIL NADU
TRIPLICANE - CHENNAI, TAMIL NADU
CHENNAI - CHINTHAMANI, TAMIL NADU
CHENNAI - PERUNGUDI
TIRUVANMIYUR
CHENNAI (KOTTURPURAM)
KOTTURPURAM
CHENNAI - PERAMBUR
CHENNAI - VIDYODAYA
CHENNAI - ARMENIAN STREETá
CHENNAI - PORT TRUST
CHENNAI - ANNANAGAR WEST
CHENNAI - VELACHERYá
CHENNAI-ADYAR
CHENNAI - KILPAUKá
CHENNAI - NELSON MANICKAM ROADá
CHENNAI - PORURá
CHENNAI - ALWARTHIRUNAGARá
CHENNAI - SANTHOMEá
SME CENTRAL OPERATIONS
CHENNAI - ASHOK NAGARá
CHENNAI - NANGANALLURá
CHENNAI - NUNGAMBAKKAMá
CHENNAI - CENOTAPH ROADá

RBL Bank Limited

About

RBL Bank (Ratnakar Bank Limited) is one of the fastest growing private sector banks in India, headquartered in Mumbai, Maharashtra. Established in August 9, currently the bank operates through a network of branches, 99 banking outlets and 9 ATMs spread across 0 Indian states and union territories. In August 99, the bank obtained Scheduled Commercial Bank status. It is listed on both BSE (Bombay Stock Exchange) and NSE (National Stock Exchange).

Banking

SMS BankingOnline BankingMobile/Phone Banking

Product

Corporate & Institutional BankingCommercial BankingBranch & Business BankingAgri Business BankingDevelopment Banking and Financial InclusionTreasury and Financial Markets Operationssavings accountscurrent accountsfixed deposits

Loans

home loanspersonal loansbusiness loanseducation loansauto loansloans against propertyoverdrafts against propertyloans against depositsgold metal loansworking capital finance

Card

Mastercard Credit Card

Insurance

Life InsuranceGeneral InsuranceHealth Insurance

Popular product

Corporate & Institutional BankingCommercial BankingBranch & Business BankingAgri Business BankingDevelopment Banking and Financial InclusionTreasury and Financial Markets Operationssavings accountscurrent accountsfixed deposits

Branch

R A PURAM - CHENNAI
MADURAVOYAL CHENNAI
ANNA NAGAR
PARRYS CORNER
ADYAR
NUNGAMBAKKAM
CHENNAI

YES BANK

About

Yes Bank Limited is India’s fourth largest private sector bank headquartered in Mumbai, Maharashtra, India. Established in 00, the bank primarily operates as a corporate bank, with retail banking and asset management as subsidiary functions. As of March, 08, the bank had a network of ,00 branches; national operating centers; and ,7 ATMs and bunch note acceptors.

Banking

Working capital financeTerm loansCorporate financeLiquidity managementSalary accountFixed deposit accountSavings accountOrdinary account

Product

The bank also offers retail banking solutions such as personal, secured business, home, construction equipment, car, super bike, commercial vehicle, gold loans, and loans against securities; business banking services to micro, small, and medium enterprises; and health care and printing equipment finance.

Loans

Personal loanSecured business loanHome loanConstruction equipment loanCar loanSuper bike loanCommercial vehicle loanGold loansLoans against securitiesMSME LoanHealth care equipment financePrinting equipment finance

Branch

MYLAPORE
GANDHI NAGAR, ADYAR
BESANT NAGAR
SOWCARPET
MOUNT ROAD
YES BANK LTD NOC CHENNAI
TRIPLICANE, CHENNAI
KK NAGAR, CHENNAI
ASHOK NAGAR
RA PURAM, CHENNAI
KILPAUK, CHENNAI
MUGGAPPAIR EAST, CHENNAI
R K SALAI
T NAGAR, CHENNAI
ANNANAGAR, CHENNAI
INDIRANAGAR, CHENNAI
PARRYS,CHENNAI
NUNGAMBAKKAM, CHENNAI

BANK OF BARODA

About

Bank of Baroda (BOB) is an Indian multinational banking and financial services institution headquartered in Vadodara in Gujrat, India. The bank was established on 0 July 908 and nationalized on 9 July 99 along with other major commercial banks of India. It has been termed as a profit-making public sector undertaking (PSU). The bank has 7 global branches including 7 India branches and 0 overseas branches. It offers a wide range of banking products and services including loans, credit and debit cards etc.

Banking

Instant Banking Baroda Connect (Internet Banking) BHIM Baroda Pay Baroda M-connect Plus (Mobile Banking)Mobile Application Baroda mPassbook Baroda m-Invest App BHIM UPI Payment App

Product

Account Savings Current Baroda E-Trade in accountDeposit FD RDLoans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI

Loans

Loans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI

Card

Debit Cards Visa Electron Card RuPay Platinum Card Baroda Master Platinum Card RuPay Classic Card Master Classic Card Visa Platinum Chip CardPrepaid Cards Gift Card TravelEasy Card Reloadable CardCredit Cards Easy Visa Platinum Select Visa Platinum Premier Visa Signature Prime Mastercard

Insurance

Life InsuranceHealth InsuranceGeneral Insurance

Popular product

Account Savings Current Baroda E-Trade in accountDeposit FD RDLoans Personal Loan Home Loan Vehicle Loan Education Loan Fintech (Business Loan) Other Loan MUDRA Loan Mortgage Loan Debit card EMI

Branch

WIMCO NAGAR BRANCH
VIRUGAMBAKKAM,CHENNAI,TN
VELAPPANCHAVADI, TAMIL NADU
VELACHERRY,CHENNAI
VALASARAVAKAM BRANCH
VADAPALANI BRANCH
ULLAGARAM, CHENNAI
TIRUVATEESWA BRANCH
THIRUVANMIYUR, CHENNAI
T.NAGAR BRANCH
TAMBARAM BRANCH
THOMAS MOUNT BRANCH
SOWCARPET BRANCH
SITHALAPAKKAM
SERVICE BRANCH, CHENNAI
ROYAPURAM BR., CHENNAI, T.N.
ROYAPETTAI,,CHENNAI,TN
RAMKRISHN NG BRANCH
RAJAKILPAKAM, TAMILNADU
PURASAWAKKAM BRANCH
PERUNGUDI,CHENNAI
PBB ANNANAGA BRANCH
NUNGAMBAKKAM BRANCH
NRI BRANCH KKNAGAR
RAJAJI ROAD BRANCH
MYLAPORE BRANCH
M.R.C.NAGAR BRANCH
MOUNT ROAD BRANCH
KAMBAR SALAI MOGAPPAIR
MADURAVOYIL,CHENNAI,TN
IBB MADRAS BRANCH
KOLATHUR BRANCH
KODAMBAKKAM,TN
K.K.NAGAR BRANCH
CORPORATE FINANCIAL SERVICES BRANCH
RAMAVARAM BRANCH
EGMORE BRANCH
E.C. STREET BRANCH
SIET.COLLEGE BRANCH
CHOOLAIMEDU BRANCH
WEST MAMBALA BRANCH
AYNAVARAM,CHENNAI
AMBATTUR BRANCH
ALWARPET BRANCH
ADAYAR, CHENNAI
AMBUR