Car Loan in indore

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

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

About indore

Indore is the largest and the most populous city in the Indian state of Madhya Pradesh. It is considered as an education hub of the state and has various campuses of both the Indian Institute of Technology and the Indian Institute of Management.

Indore is located on the southern edge of Malwa Plateau, at an average altitude of 550 meters above sea level. Indore has the highest elevation among major cities in Central India. With its historical monuments, vibrant bazaars and street food, the list of places for explores are endless.

About Car Loan in indore

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 indore 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 indore -

No worries for strict eligibility conditions. We tie-up with all the best lenders in the indore 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 indore

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 indore

If you are falling short of funds for buying a car, go for a Car Loan. At indore, 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 indore. 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.

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

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Card

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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

INDORE

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

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Insurance

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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

INDORE PARASPAR SAHAKARI BANK LIMITED
ARIHANT URBAN CO-OPERATIVA BANK LTD
INDORE VCC
INDORE, USHA GANJ
INDORE,SAKET NAGAR
INDORE RAJMOHALLA
INDORE PATEL NAGAR
INDORE, NEW PALASIA
INDORE M G ROAD
INDORE KHANDWA ROAD BRNACH
INDORE SANWER ROAD
SIYAGANJ INDORE
DEWAS NAKA INDORE
DEPALPUR
INDORE PIPLIYAHANA
INDORE MAHALAXMI NAGAR
YASHWANT NIWAS ROAD
KAMADPUR
RAJPURA KUTI
RALAMANDAL
KELOD
KALOD KARTAL
AMBA CHANDAN
AIRPORT ROAD, INDORE
VAISHALI NAGAR
BENGALI SQUARE, INDORE
INDORE - VIJAY NAGAR
RAU, MADHYA PRADESH
NEW PALASIA, INDORE, MADHYA PRADESH
MHOW
INDORE - ANNAPURNA ROAD
INDORE - RAJWADA
INDORE - ASHOK NAGARá
INDORE

KARNATAKA BANK LIMITED

About

The Karnataka Bank Limited is ‘A’ Class scheduled commercial bank founded on 8th February 9. Headquartered in Mangaluru in Karnataka, India, the bank has a national presence with a network of 8 branches, 7 ATMs and 0 e-lobbies spread across states and Union Territories. The bank has deployed the most modern information technology like core banking, internet banking and mobile banking etc. to meet customers’ expectation of services, for today and for future. The bank is listed on both the BSE and the NSE.

Banking

core bankinginternet bankingmobile bankingTreasury, Corporate/Wholesale BankingRetail Banking

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Saving AccountLoanscardsInsuranceInvestment

Loans

personal loanbusiness loanHome Loanvechile LoanLoan against propertyEducation Loan

Card

Credit CardDebit cardDeposit only cardImage CardTravel cardGift card

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Branch

INDORE VIJAYANAGAR
INDORE MP

PUNJAB NATIONAL BANK

About

Punjab National Bank (PNB) is an Indian multinational banking and financial services company. Established in 89, it is state-owned bank. Headquartered in New Delhi, India, the bank operates through a network of zonal offices, 7 circle offices, 98 branches, and 98 ATMs. PNB also operates a banking subsidiary in the UK, as well as branches in Hong Kong, Kowloon, Dubai and Kabul and representative offices in in Almaty (Kazakhstan), Dubai (UAE), Shanghai (China), Oslo(Norway), and Sydney (Australia). PNB and other major commercial banks were nationalized on 9 July 99.

Banking

Net BankingMobile BankingSMS Banking

Product

saving deposit accountscurrent accountsfixed depositcapital gain account schemescorporate banking productsworking capital financing

Loans

Housing loancar and two wheeler loanpersonal loanprofessional loaneducation loanmortgage loansMSME Loanterm loansloan against future lease rentals

Card

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Insurance

Life InsuranceFire InsuranceTheft InsuranceHealth InsuranceTravel InsuranceHousehold goods & Accidental insurance

Popular product

saving deposit accountscurrent accountsfixed depositcapital gain account schemescorporate banking productsworking capital financing

Branch

RETAIL ASSET BRANCH INDORE
PIGDAMBAR,DIST.INDORE- M.P.
INDORE CHHOTA BANGARDA
INDORE PIPLIYAHANA
INDORE PARDESHIPURA
DEPALPUR
NIHALPUR MANDI
IMLI BAZAR
INDORE CITY AKSHAYA
INDORE, ARMB
INDORE, PIMR
VIJAY NAGAR, INDORE
NEW SABZI MANDI ,INDORE
INDORE,KESAR BAGH ROAD
INDORE,CIRCLE OFFICE
INDIRA COMP NAVLAKHA ,INDORE
INDORE MP HOUSING BOARD COMP,
INDORE RPC, DISTT. INDORE (MP)
INDORE SANWAR ROAD, DISTT. IND
INDORE, MANORMAGANJ
INDORE SIYAGANJ
INDORE SITLA MATA BAZAR, DISTT