Car Loan in Pune

Check car Loan Interest Rates of All Major Banks of pune Instantly

Bank Name

Floating Interest rate

Processing Fee

Federal Bank

9.20%

Rs 1500 to Rs 2500

Kotak Mahindra Bank

11.50% to 13.50%

N/A

RBL BANK

12 to 14 %

1% of Loan amount.

AXIS

12 %

Rs.3500 to Ra.5500

IndusInd bank

10.65 %

1% of the loan amount

HDB bank

N/A

Bank of baroda

9.15 %

Nil

TATA CAPITAL

12.5 %

1.50% of the loan amount or 6,000 per vehicle, whichever is higher

HDFC

8.25% - 14.26% (Avg 9.40%)

Rs. 10,000 or 0.4% of car loan sanctioned

ICICI

12.75 %

5% on the outstanding principle

IIFL

12%

Rs. 4,500 to Rs. 8,000 or 1% of loan amount

ABOUT CAR LOAN IN PUNE

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 pune 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 pune -

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

Salaried Individuals –

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

Self-employed individuals -

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

Documents Required for Car Loan in pune

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

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

Benefits & features of taking a Car Loan in pune

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

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.
High Eligibility – Within a just few minutes, we will assess your Car Loan eligibility and suggest you the best available options in pune. Our process is driven by automated technologies, and we help you get low EMI Car Loan
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.

ABOUT PUNE

Pune, also called Poona, is a big city in Maharashtra state, India. The city lies at the junction of the Mula and Mutha rivers. It is the cultural capital of the Marathas. Pune was temporarily occupied by the Mughals but again became the official Maratha capital from 1714 until it was captured by the British in 1817. The city served as the seasonal capital of the Bombay Presidency. It has historic and religious monuments, museums, parks, hotels, and cultural attractions.

The city has long served as an educational and cultural centre; Jawaharlal Nehru, the first prime minister, referred to it as the Oxford and Cambridge of India. The city has a wide number of constituent and affiliated colleges of the University of Pune. Pune houses the Bhandarkar Oriental Research Institute, renowned for research and instruction in the Sanskrit and Prakrit languages and incorporates more than 20,000 ancient manuscripts. The headquarter of the southern command of the Indian army is also located at Pune Cantonment in Pune.

Pune has sprawling complex of industrial suburbs, large factories producing a wide variety of products. The roads connect the city to Mumbai, Ahmadnagar, Solapur, and Satara.

The region is surrounded by the Sahyadri Hills, the Balaghat Range, and the Mahadeo Hills; Sahyadri hills has most of the important religious, historical and tourists sites of the region. Some of the famous hill fortes have been now converted into resorts. The city has important religious centres such as Bhimashankar, Dehu, Alandi, and Karli. Chief crops include jowar, bajra, sugarcane, and rice. Nearby are Meherazad and Meherabad, sites associated with Meher Baba.

TOP LOAN PROVIDERS IN PUNE

ABOUT SYNDICATE BANK, PUNE, Maharashtra

Syndicate Bank is one of the oldest and major commercial banks in India and was founded in 9. At the time of its establishment, the bank was known as Canara Industrial and Banking Syndicate Limited. The name of the bank was changed to Syndicate Bank in 9. It is headquartered in Manipal, Karnataka and was one of the major commercial banks to be nationalized on 9 July 99, by Government of India. Syndicate Bank operated a network of 0 branches, including ,9 rural, ,7 semi-urban, 8 urban, and 8 metro branches in India; and branch in London, as well as ,8 ATMs as of March 08. Syndicate Bank offers banking products and services to corporate, SMEs and retail customer in India. Its deposit products include savings accounts, current accounts, and term deposits. It also provides retail, agricultural and other priority sector loans. In addition, the bank provides corporate finance such as working capital finance; export credit, term loan finance; loan against receivables; and project finance that includes infrastructure projects. Further, it provides Aadhaar seeding, NEFT/RTGS, online tax payment, online shopping and utility bill payment, and e-filing of income tax returns. Other services include CMS, bancassurance, mutual fund services, and demat services. Syndicate Bank also provides international banking products such as non-resident (external) rupee, non-resident ordinary rupee, resident foreign currency, and foreign currency non-resident accounts, as well as manages exchange companies.

Bank Details

Product

Loan, Banking, Credit Card

Insurance

Banking

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