About

This product is offered to purchase new car which will be registered for the first time in the RTO. It is a loan which allows a buyer to pay for the car through EMI rather than making payment one time. The buyer has to pay minimum down payment. The loan amount can be availed up to 100%* on road cost of the car depending on model, asset cost, customer profile and customer Income. To bring home your dream car, you don’t have to wait long to buy it.

What are the features of New Car Loan?

• Loan Amount up to 100%* on road asset cost
• Attractive Interest rates
• Low Processing Fee
• Tenure up to 7 years
• Simple Documentation
• Quick loan approval and disbursement
• Part payment options available
• KYC based Pre-approved top up loans after 12 months of clean repayment.