Car Loan

A car loan is usually secured by the vehicle itself. The amount, tenure and terms depend on the vehicle, whether it is new or used, and your profile. We help you understand what lenders typically need and how to plan your down payment and EMI.

Common uses

• New car purchase
• Used / pre-owned car purchase
• Commercial vehicle purchase
• Refinancing an existing vehicle

Eligibility considerations

Lenders set their own criteria. These are factors lenders commonly consider:

• Income and employment profile.
• Credit score and existing EMIs.
• Vehicle type, age (for used cars) and on-road price.
• Down payment you can arrange.

Documentation guidance

The exact list depends on the lender and your profile. Typically requested documents include:

• KYC documents.
• Income proof and bank statements.
• Vehicle quotation / proforma invoice (new) or registration and valuation details (used).

Please do not upload or send documents through the enquiry form. Our team will tell you what is needed and how to share it securely.

How we help

• Understand your requirement, repayment capacity and existing obligations.
• Explain what lenders typically look for and how to prepare.
• Help you organise your documents before you apply.
• Keep you informed and answer questions through the process.