Top 5 Car Loan Companies in India

1. HDFC Bank Car Loan

HDFC Bank offers some of the best car loan options in India, with quick approvals and low-interest rates.

Key Features:

  • Loan amount up to 100% of the car’s on-road price
  • Interest rates starting from 7.50% p.a.
  • Tenure up to 7 years

2. SBI Car Loan

State Bank of India (SBI) provides car loans with one of the lowest interest rates in the market, making it a popular choice.

Key Features:

  • Interest rates starting at 7.25% p.a.
  • Flexible repayment options
  • Special benefits for government employees and defense personnel

3. ICICI Bank Car Loan

ICICI Bank offers car loans with minimal documentation and instant approval facilities.

Key Features:

  • Loan amount up to ₹50 lakh
  • Interest rates starting from 7.60% p.a.
  • Tenure up to 7 years

4. Axis Bank Car Loan

Axis Bank provides attractive car loan options with quick processing and easy EMIs.

Key Features:

  • Loan amount up to 100% of ex-showroom price
  • Interest rates from 7.45% p.a.
  • Hassle-free documentation process

5. Kotak Mahindra Bank Car Loan

Kotak Mahindra Bank offers affordable car loans with customized repayment plans.

Key Features:

  • Loan tenure up to 7 years
  • Attractive interest rates starting from 7.75% p.a.
  • Instant loan approval

Leave a Comment