Looking for a Auto Loan?

You can apply Auto loan for Car loan, Bike loan, Tractor loan, used vehicle, Truck loan, E-rikshaw.

Normal Eligibility Criteria:

Minimum age of applicant: 18 years (Salaried) and 21 years (Self Employed)
For Salaried Employees: Should have worked for one year in the current company
For Self Employed: Should have been at least 2 years in the business
Minimum Loan Amount generally given is Rupees One Lakh

Documentation Required for Auto Loans:

For Salaried Individual:
Address Proof (any of the following documents): House Lease/ Leave & License agreement, Ration card, Driving license, House Tax chalan, Housing Society bill, Voter card, Passport, Telephone bill, Electricity bill, Water Tax chalan, Wireless Landline bill, Credit Card Statement, Post Paid Mobile bills (2 bills required one bill of the last completed month and one which is 6 months before the last completed month).
Identity Proof (any of the following documents): Passport, Photo Credit Card, PAN Card, Voter Identity card, Driving license, Employee ID issued by Government of India/ PSU/ Limited companies, Local Panchayat Identity card, Notary certification with Photograph. Form 16 with latest Salary slips. Income Proof: Latest salary slips with the Form 16 document.

For Self Employed:

Address Proof: The documents collected towards identity proof to reflect the current address of the concern/firm.
Identity Proof(any of the following documents): Passport, PAN Card, Voters Identity card, Driving license, Latest Sales Tax assessment order, Sale Tax registration certificate.
Income Proof: Latest Income Tax Return.

For Partnership Firms:

Address Proof:
The documents collected towards identity proof to reflect the current address of the concern/firm
Identity Proof(any of the following documents):
Partnership deed, Shop & Establishment Act certificate, Latest Sales Tax assessment order, Sale Tax registration certificate.
Income Proof: Audited Balance Sheet, Profit & Loss Account (latest two years) and the latest 2 years IT returns of the firm.

For Partnership Firms:

Address Proof: The documents collected towards identity proof to reflect the current address of the concern/firm
Identity Proof: Memorandum and Articles of Association (with registration certificate)
Income Proof: Audited Balance Sheet, Profit & Loss Account (latest two years) and the latest 2 years IT returns of the firm.

Our partners from across the industry

Bank Name	Rate of Interest	Processing Fees	Loan Amount	Tenure Range
Bank of Baroda	8.15% - 9.50%	NIL	Rs. 10cr Max	1-30 Years
Bank of Baroda Maharashtra	8.35% - 9.50%	NIL	Rs. 10cr Max	1-30 Years
UCO Bank	8.05% - 9.10%	NIL	Rs. 5cr Max	1-30 Years
SBI Bank	8.5% - 9.30%	NIL	Rs. 10cr Max	1-30 Years
Andhra Bank	8.25% - 9.50%	0.35% + GST	Rs. 8cr Max	1-30 Years
IDBI Bank	8.35% - 9.25%	NIL	Rs. 8cr Max	1-30 Years
HDFC Bank	8.15% - 9.90%	0.50% + GST	Rs. 10cr Max	1-30 Years
ICICI Bank	9.00% - 10.50%	0.50% + GST	Rs. 10cr Max	1-30 Years
Equitas Bank	10.50% - 12.50%	1% + GST	Rs. 25 Max	1-20 Years
LIC HFL	8.90% - 9.25%	Rs. 5900/-	Rs. 10cr Max	1-25 Years
TATA Capital	8.10% - 9.15%	Rs. 5900/-	Rs.5cr Max	1-30 Years
Gruh Finance	8.35% - 11.00%	0.50% + GST	Rs.2cr Max	1-30 Years
OC HFL	8.85% - 9.75%	3.50% + GST	Rs.25lac Max	1-20 Years
BAJAJ Fineserv	9.20% - 12.50%	1.50% + GST	Rs. 75lac Max	1-20 Years
ASPIRE Home Finance	12.50% - 14.50%	2.50% + GST	Rs. 25lac Max	1-20 Years
Shubham Finance Company	12.50% - 16.50%	2.50% + GST	Rs. 25lac Max	1-25 Years
Mahindra Home Finance	10.50% - 15.50%	3.50% + GST	Rs. 25lac Max	1-25 Years
Aadhar housing finance	10.80% - 13.75%	3.50% + GST	Rs. 25lac Max	1-25 Years
Financial Services Ltd	12.50% - 16.50%	3.50% + GST	Rs. 20lac Max	1-20 Years
Shriram housing finance	10.50% - 12.50%	2.50% + GST	Rs.5cr Max	1-30 Years
AXIS Bank	8.40% - 9.15%	1.50% + GST	Rs.5cr Max	1-30 Years
C-NTRUM Home Loans	11.50% - 14.50	1% + GST	Rs.40cr Max	1-20 Years
HindusInd Bank	8.70% - 9.15%	2.50% + GST	Rs.2cr Max	1-30 Years
pnb Housing	8.85% - 11.75%	0.50% + GST	Rs.5cr Max	1-30 Years
CanFin Homes	8.85% - 10.75%	1% + GST	Rs.5cr Max	1-30 Years
EdelWeiss	8.70% - 9.95%	1.50% + GST	Rs.1cr Max	1-25 Years
L&T Finance Home Loan	8.70% - 9.15%	2.50% + GST	Rs.251cr Max	1-25 Years
RELIGARE	8.80% - 9.45%	2.50% + GST	Rs.501cr Max	1-25 Years