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Motor Loan

Car Loan (New & Used)

Up to 100% On-Road Funding @ 8.75% p.a.*

Get behind the wheel faster with customized auto loans for brand new cars, luxury vehicles, and certified pre-owned cars at highly competitive interest rates.

⚡ Free Eligibility Check
Free Callback · 9 AM – 9 PM

Apply for Car Loan (New & Used)

Free guidance on eligibility. Final terms are set by the lender.

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Loan Terms & Highlights:
Up to 100% on-road funding for select models
Flexible tenures up to 7 to 8 years
Quick sanction with many lenders
Competitive rates on used and certified pre-owned cars
RBI-Regulated Lenders
Instant Paperless Verification
Why Apply Through PaisaPolicy.in

Key Advantages of Car Loan (New & Used)

01

Zero Foreclosure Options

Selected lenders offer zero prepayment penalty after 12–24 months.

02

Dealer & Lender Offers

Ask about processing-fee or dealer offers, where available.

03

Low Monthly EMI

Long repayment options keep your monthly budget comfortable.

Features & Use-Cases for Car Loan (New & Used)

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Hatchbacks, sedans, SUVs, and electric vehicles (EVs)
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Pre-owned luxury & certified used cars
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EV loan offers from select lenders
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Quick digital sanction letter
*Final interest rates and sanction limits depend on applicant's income and lender credit policy.
Check Your Exact Eligibility

*Interest rates, amounts, tenures and timelines are indicative. Loans are sanctioned at the sole discretion of RBI-regulated lenders based on their credit assessment; all charges are shown in the lender's Key Fact Statement. Tax benefits are subject to prevailing tax laws. We never charge a fee to get a loan approved.

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Why Choose PaisaPolicy.in

15
Insurance Categories
Life, health, motor, travel & more
9
Loan & Credit Types
Personal, home, business & more
₹0
Advisory Fee
You pay only the insurer's or lender's price
9–9
Advisor Hours
9 AM – 9 PM, all days
Got Questions?

Car Loan (New & Used) FAQs

Clear answers about interest calculations, EMI tenures, and paperwork.

What is the maximum loan tenure for a new car loan?
Most banks offer car loan tenures ranging from 1 year up to 7 or 8 years.
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