Deepak Kumar (Senior Advisor) 9410928747 Mon - Sun: 9:00 AM - 8:00 PM
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Deepak Kumar
Call 9410928747

9410928747

deepakkumar@shriramindiafinance.com

Loan Assistance Featured Product

Car Loan

Loan to buy a car

View Eligibility Criteria
Key Highlights
Starting Interest Rate 8.75% p.a. Rates vary by vehicle type (new vs used), applicant income, and lender promotional tie-ups.
Loan Tenure 1 to 7 Years
Loan Amount Range ₹1 Lakh to ₹50 Lakhs (up to 90-100% on-road)

About This Loan

Fulfilling your dream of owning a car is simpler with tailored auto financing. Whether buying your family’s first hatchback, an executive sedan, or a robust SUV, a Car Loan allows you to drive home your vehicle with affordable down payments and predictable EMIs.

Shri Ram India Finance helps you understand on-road vs ex-showroom financing, interest structures, and lender documentation requirements.

Key Features

Financing available for both new and certified pre-owned cars
High funding margin up to 90% to 100% of on-road price
Competitive interest rates with fixed and floating options
Extended tenures up to 7 years to keep monthly EMIs budget-friendly
Simplified hypothecation and vehicle registration coordination

Eligibility Criteria

Final eligibility parameters are evaluated by individual lenders based on credit bureau reports and repayment capacity.

  • Age: 21 to 65 years
  • Employment: Salaried with at least 1 year work experience or Self-Employed with 2 years in business
  • Income: Minimum ₹25,000 monthly income for salaried; ₹3 Lakhs annual income for self-employed
  • Credit Score: 700+ for best interest rate tiers

Documents Required

Keep these documents ready to ensure quick verification and smooth coordination with lending partners.
KYC Documents: PAN, Aadhaar Card, Driving License or Voter Card
Salary Slips (3 months) / ITR filings (2 years)
Bank Account Statements of last 6 months
Proforma Invoice / Quotation from authorized automobile dealership
Passport size photograph

Benefits of Applying With Us

Maintain your savings while financing your vehicle comfortably
Fast verification and tie-ins with major automotive lending partners
Flexible pre-closure options after initial loan period
Personal assistance throughout the vehicle delivery process

Who Can Apply?

Salaried individuals, self-employed business persons, professionals, and corporate entities purchasing vehicles for official or personal commute.

Car Loan FAQs

Yes, pre-owned car loans are widely supported by lenders. The vehicle must undergo evaluation for age, condition, and valuation.

Typically between 10% to 20% of the vehicle cost, though select lenders offer up to 100% ex-showroom or on-road funding for premium credit profiles.
Dedicated Support

Apply for Car Loan

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Deepak Kumar

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Call 9410928747

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Looking for Car Loan?

Share your requirement with us and our team will contact you to explain eligibility and partner options.