Name: Top Car Loan Providers
Address: Delhi
Rating: 3.9752421

Top List of 20+ Car Loan Providers. Get a Car loan with a low interest rate. Also, get an instant vehicle loan, Auto loan, used car loan, commercial car loan, and more. Find the best car loan service providers near your location. as on Apr 19, 2025

Vinay Financial Services

Kukatpally, Hyderabad, 500072

5.0/5 Based on 1 Reviews

+08048048755

Loans

Response Time: Within 15 MinsSulekha score: 5.8

Vinay Financial Services, located in Kukatpally, Hyderabad, is a well-regarded financial service provider with a strong reputation for delivering a variety of loan solutions. With over 29 years of experience in the financial industry, they specialize in offering tailored loan options, including home loans, mortgage loans, and loans against property. They are known for their quick response time and customer-centric approach, ensuring that clients receive prompt and effective solutions to meet their financial needs. Their services cater to both individuals and businesses, making them a trusted partner for those seeking financial assistance in Hyderabad.

Available Loan Types:

Offering 3 different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹25 Lakhs and above
Depending on the type of loan

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V for U Financial Services

Jafferkhanpet, Chennai, 600083

4.0/5 Based on 7 Reviews

+08069875249

Loans

Response Time: Within 15 MinsSulekha score: 6.8

V For U Financial Services, located in Jafferkhanpet, Chennai, is a well-established financial service provider specializing in various loan products. With over 20 years of experience, they offer personalized assistance for home loans, mortgage loans, car loans, and business loans. The firm is known for its reliable and customer-focused approach, ensuring quick processing and disbursal of loans. They cater to a diverse clientele, ranging from individuals seeking personal loans to businesses in need of financial support. Their office is conveniently located behind Kasi Theatre, making it accessible to clients across Chennai.

Available Loan Types:

Offering 25+ different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹50 Lakhs and above
Depending on the type of loan

Gayathri Anand from Chennai

"Excellent service rendered by the mr. Perumal and pushparaj team at the time of taking car loan . Very fast and door step service by the team. And also renewal of insurance .. they take utmost care the remind us well before for renewing and patiently follow up till we make it done. My best wishes for the team and keep doing the best service..."

kaviraja from Chennai

"Really Fantastic job they did , Considering the situation demanded Regards Raja "

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Prime Growth Finance Services

Mira Road, Mumbai, 401107

+08048102267

Loans

Response Time: Within 60 MinsSulekha score: 6.6

Welcome to Kailash Sitaram Pradhan! We are a trusted and reliable business that has been providing loans since 2015. Our services include mortgage loans, loan against property, loan against property without map, loans against rent receivables, loans on Lal Dora property, plots, commercial buildings, residential buildings, and industrial buildings. We cater to all loan amounts, ranging from less than 10 lakhs to more than 50 lakhs. Our team consists of experienced and dedicated professionals who strive to provide the best financial solutions to our customers. We are located in Mira Road and our working hours are flexible to accommodate our clients' needs. Trust Kailash Sitaram Pradhan for all your loan needs!

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NMS & Associates

Fiserv India Ltd. Noida, Noida, 201309

+011-40467219

Loans

Response Time: Within 60 MinsSulekha score: 5.8

NMS & Associates, located at Fiserv India Ltd. in Noida, is a professional firm known for its expertise in accounting, auditing, and financial advisory services. The firm offers a comprehensive range of services, including tax consulting, financial reporting, and compliance management. Their team is composed of experienced professionals dedicated to delivering tailored solutions to meet the unique needs of their clients. NMS & Associates is committed to maintaining high standards of integrity and efficiency, ensuring their clients receive reliable and accurate financial advice. They are highly rated for their customer service and responsiveness, making them a trusted partner for businesses and individuals alike.

Available Loan Types:

Offering 4 different types of loans

Loan Amount Range:

From less than ₹1 Lakhs to ₹25 Lakhs and above
Depending on the type of loan

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Baig Associates

Banjara Hills, Hyderabad, 500034

4.9/5 Based on 77 Reviews

+08069867989

Loans

Response Time: Within 15 MinsSulekha score: 7.3

Baig Associates, located in Banjara Hills, Hyderabad, specializes in offering a wide range of loan services to meet diverse financial needs. Established in 2016, this firm has built a reputation for reliability and customer satisfaction, catering to both individual and commercial clients. Their services include vehicle loans, home loans, mortgage loans, and loans against property, among others. The firm prides itself on its dedicated team of professionals who work tirelessly to find the best loan solutions for their clients. Operating with a high response rate and strong customer feedback, Baig Associates ensures that financial goals are within reach for all their customers.

Available Loan Types:

Offering 10+ different types of loans

Loan Amount Range:

From ₹10 Lakhs to ₹50 Lakhs and above
Depending on the type of loan

DUSHYANTH from Hyderabad

"I got information through news paper then i immediately contact Mr Khadar Valli Baig i think he is very good Behaviour and genuine person because for getting proper information about mortgage loan and easy to get mortgage loan as per our requirement, "

MMS Steels Power Private Ltd from Hyderabad

"He is good service and genuine service in Hyderabad baig Associates "

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Car Dhoondho.Com

Janakpuri, Delhi, 110058

4.7/5 Based on 3 Reviews

+08069868119

Loans

Response Time: Within 15 MinsSulekha score: 5.8

Car Dhoondho.com, located in Janakpuri, Delhi, is a prominent car finance and loan service provider. They specialize in helping customers secure financing for both new and used vehicles with tailored loan options that meet individual needs. The company is known for its customer-centric approach, offering competitive interest rates and flexible repayment terms. They operate from 10:00 AM to 8:00 PM, ensuring accessibility throughout the day. Car Dhoondho.com has received positive feedback for their prompt service and professionalism, making them a trusted choice for vehicle financing in the Delhi area

Available Loan Types:

Offering 3 different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹25 Lakhs and above
Depending on the type of loan

Sandeep Kumar from Delhi

"Good services and well trained staff"

sunny from Delhi

"I take the new car loan from car dhoondho .. fabulus services"

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SB manpower solutions

Delhi, Delhi, 110051

4.9/5 Based on 7 Reviews

+08099937230

Loans

Response Time: Within 15 MinsSulekha score: 8

Vivek Kumar in Delhi provides a variety of consultancy services, primarily focusing on areas like finance management and corporate solutions. His consultancy offers personalized advice and strategies for businesses looking to optimize their financial operations or expand their market presence. Located in Pitampura, Vivek Kumar’s consultancy has garnered positive reviews for its efficient and reliable services, earning a solid reputation in the local business community. Clients appreciate the comprehensive and tailored approach that ensures their specific needs are met with precision. Whether it's financial planning, legal advice, or business strategy, Vivek Kumar is recognized for his professionalism and commitment to client success

Available Loan Types:

Offering 3 different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹25 Lakhs and above
Depending on the type of loan

Ravi jha from Delhi

"Vivek sr your loan survices are very exilant ??????"

Himanshu from Delhi

"Vivek sir is very reliable, honest and operate with integrity. He shows accountability and responsiveness towards our work. I really recommend him and his team to anyone who is suffering from the loan problems. "

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Nandhika Enterprises

Meerpet, Hyderabad, 500097

+09021118053

Loans

Response Time: Within 15 MinsSulekha score: 6.6

Welcome to Nandhika Enterprises! Step into our world of financial solutions and embark on a journey towards your dream car. Our company has been providing top-notch services in the area of Meerpet for years. With a strong team of experienced professionals, we offer a wide range of services including loans and car financing. Whether you are looking for a new or used car, our team is here to help you. With our expertise in vehicle loans, we ensure that you get the best deal for your dream car. Come and explore our services today and discover the perfect solution for all your car financing needs.

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Avadh & Associates

Jankipuram, Lucknow, 226021

4.6/5 Based on 18 Reviews

+08069875733

Loans

Response Time: More than 60 MinsSulekha score: 8.5

Avadh & Associates is a well-established law firm located in Jankipuram, Lucknow, near Icon Hospital. The firm specializes in a wide range of legal services, focusing on personal and business law. They are highly recognized for their professional legal advice and personalized service, making them a preferred choice for many in the region. The firm operates with a customer-centric approach, providing reliable guidance and maintaining a reputation for trustworthiness and excellence in their legal practices. Avadh & Associates also offer flexible payment options, including cash and credit card, and ensure client comfort with amenities such as air conditioning and free parking. The firm's working hours are from 9:00 AM to 7:00 PM, Monday to Saturday, making it accessible for clients throughout the week

Available Loan Types:

Offering 15+ different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹1 Crore
Depending on the type of loan

Priyanka from Lucknow

"Good & Fast Service????"

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Chada Enterprise

Saroor Nagar, Hyderabad, 500035

+08069876099

Loans

Response Time: Within 15 MinsSulekha score: 7

Kishore Kumar is a seasoned Consultant Physician with over 34 years of experience in Internal Medicine, practicing in Saroor Nagar, Hyderabad. He operates from Ratna Clinic and Ratna Hospital, offering services that include hypertension treatment, diabetes management, and general health checkups. Dr. Kumar is an MBBS graduate from Gandhi Medical College, Bhopal, and is affiliated with prominent medical associations such as the Research Society for the Study of Diabetes in India (RSSDI) and the Association of Physicians of India. His commitment to patient care and extensive experience make him a trusted name in the medical community?

Available Loan Types:

Offering 3 different types of loans

Loan Amount Range:

From ₹1 Lakhs to ₹25 Lakhs and above
Depending on the type of loan

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Why Choose Sulekha?

Sulekha is your go-to platform for finding a wide variety of loan providers catering to diverse financial needs such as personal loans, car loans, home loans, vehicle loans, mortgage loans, education loans, and more. With Sulekha, you gain access to a comprehensive network of reputable lenders, ensuring you find the perfect match for your specific requirements. The platform simplifies your search process, saving you time and effort by connecting you with trusted professionals who can offer tailored loan solutions. Choose Sulekha for a seamless and efficient loan-seeking experience.

1. When to Consider Taking Out a Car Loan?

Financial Stability: Ensure you have a stable income to manage monthly payments and an emergency fund to cover unexpected expenses. This financial cushion helps prevent stress and ensures you can meet loan obligations without compromising other financial needs.
Credit Score: A good credit score can help secure a loan with lower interest rates and better terms. Check your credit score and improve it if necessary to enhance your borrowing options and reduce overall loan costs.
Interest Rates: Research current interest rates for car loans and compare offers from multiple lenders. Securing a lower interest rate can significantly reduce the total cost of the loan over time.
Down Payment: A larger down payment reduces the amount you need to borrow, leading to lower monthly payments and interest costs. Aim to save as much as possible for the down payment to improve your loan terms.
Loan Terms: Consider the loan term length and ensure the monthly payments fit within your budget. Longer terms may have lower payments but result in higher total interest costs, so balance the term with your financial capabilities.
Vehicle Necessity: Determine if the car is a necessity or a luxury. Essential purchases may justify taking on a loan more than discretionary ones. Also, be aware of the car's depreciation and how it affects your financial position.
Total Cost of Ownership: Factor in additional expenses like insurance, maintenance, fuel, and registration when budgeting for a car loan. Ensure these costs fit within your budget along with the loan payments.
Alternative Financing: Explore other financing options like personal loans or borrowing from family as they may offer better terms. If ownership isn't crucial, consider leasing which might have lower monthly payments.
Pre-Approval: Getting pre-approved for a loan provides a clearer picture of what you can afford and strengthens your negotiating position with car dealers. It also helps streamline the car-buying process.
Economic Conditions: Consider broader economic conditions as they can affect loan availability and terms. Economic downturns may lead to stricter lending criteria while booms might offer more favorable loan terms.

2. Eligibility Criteria for Taking a Car Loan?

Age: Applicants should be between 21 and 65 years old at the time of loan maturity. This ensures that the borrower is legally eligible to enter into a loan agreement and will be within the working age to repay the loan.
Income: Salaried individuals typically need a minimum monthly income of ₹20,000-₹25,000, while self-employed individuals should have an annual income of ₹2-3 lakh. This demonstrates the applicant's ability to make regular loan payments.
Employment: Salaried individuals should have at least 1-2 years of employment history with 6 months to 1 year in the current job. Self-employed individuals should be in their current business for at least 2-3 years, showing stability and a reliable income source.
Credit Score: A good credit score, generally above 750, is essential as it reflects a strong credit history and responsible repayment behavior. Lenders use this score to assess the risk of lending to the applicant.
Residency: Applicants should have a stable residence history. If renting, lenders may require proof of stability such as a lease agreement or utility bills to ensure the borrower has a fixed address.
Down Payment: Some lenders may require a down payment ranging from 10-20% of the car's value. This upfront payment reduces the loan amount and shows the borrower’s commitment to the purchase.
Existing Debts: Lenders assess the debt-to-income ratio to ensure that the applicant can manage additional loan repayments without financial strain. Keeping existing debts within acceptable limits is crucial.
Type of Car: The car’s make, model, and age (for used cars) can influence loan eligibility. Newer models usually have better financing options due to their higher resale value and lower maintenance costs.
Documentation: Applicants need to provide KYC documents (proof of identity, address, and age), income proof (salary slips, income tax returns), employment proof (employment certificate, business registration), and car documents (proforma invoice, car registration for used cars).

3. What are the Benefits and Advantages of a Car Loan?

Ownership: A car loan allows immediate ownership of the vehicle once the loan is paid off, unlike leasing. It becomes an asset you can sell or trade in the future, contributing to your personal wealth.
Affordability: Car loans spread the cost over time, making payments more manageable and predictable. This helps with budgeting and financial planning, ensuring you don't need to pay a large sum upfront.
Improved Credit Score: Regular, on-time payments can positively impact your credit score. Additionally, having a car loan diversifies your credit profile, which can further enhance your credit rating.
Flexible Terms: Car loans offer flexibility with various lenders and terms available, allowing you to find the best interest rates and repayment periods. You can customize options like loan length and down payment size to suit your financial situation.
Lower Interest Rates: As a secured loan, car loans generally have lower interest rates compared to unsecured loans. The competition among lenders also means you can shop around for the best rates and terms.
Access to Better Vehicles: A loan increases your purchasing power, enabling you to buy a newer or better car than you might afford with cash. Newer cars often come with improved safety features and technology.
Tax Benefits: If the car is used for business, you may deduct the interest on the loan from your taxes and claim depreciation on the vehicle, providing additional financial advantages.
Liquidity Preservation: Taking a car loan helps preserve your savings and maintain liquidity for other expenses or investments, allowing better cash flow management.
Special Offers and Incentives: Manufacturers and dealers often provide special financing deals like low or zero-interest rates, making car loans even more attractive and cost-effective.

4. Important Factors to Consider When Taking a Car Loan?

Interest Rate: Compare the Annual Percentage Rate (APR) across different lenders as a lower rate means less interest paid over time. Understand if the rate is fixed (constant) or variable (fluctuating based on market conditions).
Loan Term: Loan terms typically range from 12 to 72 months. Longer terms result in lower monthly payments but higher total interest costs. Choose a term that balances manageable payments with overall interest expenses.
Down Payment: A larger down payment reduces the amount you need to finance, lowering monthly payments and total interest. Higher down payments can also lead to better loan terms and interest rates.
Loan Amount: Borrow only what you can comfortably repay. Financing extras like warranties or insurance increases your loan amount and monthly payments, so consider these additions carefully.
Credit Score: A higher credit score can qualify you for lower interest rates and better loan terms. If your credit score is low, work on improving it before applying to secure better terms.
Total Cost of the Loan: Calculate the total interest paid over the life of the loan and be aware of additional fees such as origination fees, prepayment penalties, and late payment charges.
Monthly Payment: Ensure the monthly payment fits within your budget without straining your finances. Factor in other expenses like insurance, maintenance, and fuel.
Lender Options: Consider various lender options including banks, credit unions, dealership financing, and online lenders. Compare offers to find the most competitive rates and terms.
Pre-Approval: Getting pre-approved for a loan helps you understand your budget and strengthens your bargaining position with dealers. Some pre-approvals also lock in your interest rate for a certain period.
Loan Conditions: Check for conditions related to refinancing, transferring the loan if you sell the car, and any penalties for early repayment. Understand the payment schedule and due dates to avoid penalties.
Insurance Requirements: Consider gap insurance if you make a small down payment or have a long-term loan. Lenders often require full coverage insurance which can be more expensive than standard coverage.
Resale Value: Understand the car’s depreciation rate and its impact on your loan-to-value ratio. Ensure you won’t be underwater (owing more than the car’s value) by making a substantial down payment or choosing a shorter loan term.

5. Car Loan Interest Rates?

Car Loan Interest Rates

Bank Name	Interest Rate (per annum)	Loan Tenure	Processing Fee
State Bank of India	7.75% - 8.75%	Up to 7 years	0.25% of loan amount (min Rs. 500)
HDFC Bank	7.95% - 8.30%	Up to 7 years	Up to Rs. 10,000
ICICI Bank	7.90% - 9.10%	Up to 7 years	0.5% of loan amount (min Rs. 3500)
Axis Bank	7.75% - 8.85%	Up to 8 years	1% of loan amount (min Rs. 3500)
Punjab National Bank	7.85% - 8.95%	Up to 7 years	0.5% of loan amount
Bank of Baroda	7.70% - 8.70%	Up to 7 years	Rs. 1500
Kotak Mahindra Bank	7.99% - 8.99%	Up to 7 years	0.5% of loan amount (min Rs. 3000)
IDBI Bank	7.50% - 8.75%	Up to 7 years	0.5% of loan amount
Union Bank of India	7.80% - 8.90%	Up to 7 years	Rs. 1000 - Rs. 1500
Canara Bank	7.85% - 9.00%	Up to 7 years	0.25% of loan amount (min Rs. 1000)

Note: Interest rates and fees can vary based on the loan amount, tenure, credit profile of the borrower, and specific bank policies. It is advisable to check with the respective bank for the most accurate and updated information.

Was this article is helpful?

Most Common Questions About Car Loans

1. Who are the best Car Loan providers?

Vinay Financial Services
V for U Financial Services
Prime Growth Finance Services
NMS & Associates
Baig Associates

2. What documents are required for a Car loan?

To apply for a car loan, you'll typically need to provide proof of identity (like a passport or driver's license), proof of address (such as a utility bill), proof of income (salary slips or bank statements), and vehicle details (proforma invoice from the dealer).

3. What are the eligibility criteria for a Car loan?

Eligibility criteria for a car loan usually include being between 21 and 65 years old, having a stable source of income (employment or business), a good credit score, and meeting the minimum income requirements set by the lender.

4. How do I apply for a Car loan online?

To apply for a car loan online, you can fill out the Sulekha form above with your loan requirements, and connect with the best loan providers that suit your needs. Also, you can visit the lender’s website, fill out the application form with your personal and financial details, upload the required documents, and submit the form. The lender will review your application and get back to you with their decision.

5. How can I get an instant Car loan?

For an instant car loan, apply through lenders offering instant approval services, typically online or through their mobile apps. Ensure you have all necessary documents ready and a good credit score to increase your chances of quick approval.

6. What is the percentage rate for Car loans?

The interest rate for car loans varies by lender and borrower profile but generally ranges between 7% to 12% per annum. Factors affecting the rate include credit score, loan amount, tenure, and type of vehicle.

7. Can I get a Car loan with a low CIBIL score?

It is possible to get a car loan with a low CIBIL score, but it may come with higher interest rates and stricter terms. Some lenders specialize in high-risk loans, but it's advisable to improve your credit score to get better terms.

8. What is the processing fee for a Car loan?

The processing fee for a car loan typically ranges from 0.5% to 2% of the loan amount, depending on the lender. Some lenders may have fixed fees, while others charge a percentage of the loan.

9. Can I get a Car loan with a bad credit score?

Yes, you can get a car loan with a bad credit score, but it might be more challenging. Expect higher interest rates and stricter loan terms. Consider looking for lenders specializing in subprime loans or improving your credit score before applying.

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4.0

Based on 929 Reviews

Himanshu Delhi

30 Sep, 2024

Vivek sir is very reliable, honest and operate with integrity. He shows accountability and responsiveness towards our work. I really recommend him and his team to anyone who is suffering from the loan problems.

Revati Reddy Katraj

19 Aug, 2024

Rajmudra enterprices finance is best for the vehicle loans , u have to must visit in katraj town , They are provide good services , they are very profesional and sincere , SHREE RAJMUDRA ENTERPRICES FINANCE COMPANY . THANKYOU!!!!!!!

Aman kumar Pitampura

29 May, 2024

The car loan process was a breeze with Aparna the owner of unique finance she was there during the complete process till disbursement of the loan process Recommend her company for loans at an attractive rate of intere

Ghouse mohideen Guindy

20 Jun, 2023

TVS credit is fraud Interest is to much RBI rule not follow. Staff used valgar words I need oppoint particular staff solve my subject

Sharath Srirampuram

10 Mar, 2023

I'm followuping from 2 months for fore closure letter still your not responding for my request... Third class grade of service..

Kumaran P Alwarpet

20 Feb, 2023

i took loan in 2010 and completed and recieved NOC but i misplaced it now can i get a copy of the same as am going to sell the vehicle

Noor Mohideen Guindy

13 Dec, 2022

People have an opinion as TVS is a good company but their staff are very worst behaviors and worst response, still the administration have to learn how to run a company.

Goregaon East

26 Nov, 2022

Bajaj finance contact call me numbe 7OO -I8-I8`O22- ..with problem solution at us payment p2p online transaction refund online apply account refund amount please let us call service

Top Car Loan Providers

What type of vehicle loan do you need?

Find the Top Car Loan Providers from Sulekha

Top List of 20+ Car Loan Providers. Get a Car loan with a low interest rate. Also, get an instant vehicle loan, Auto loan, used car loan, commercial car loan, and more. Find the best car loan service providers near your location. as on Apr 19, 2025

Vinay Financial Services

V for U Financial Services

Prime Growth Finance Services

NMS & Associates

Baig Associates

Car Dhoondho.Com

SB manpower solutions

Nandhika Enterprises

Avadh & Associates

Chada Enterprise

Latest User Reviews for Car Loan Providers

Why Choose Sulekha?

1. When to Consider Taking Out a Car Loan?

2. Eligibility Criteria for Taking a Car Loan?

3. What are the Benefits and Advantages of a Car Loan?

4. Important Factors to Consider When Taking a Car Loan?

5. Car Loan Interest Rates?

Most Common Questions About Car Loans

1. Who are the best Car Loan providers?

2. What documents are required for a Car loan?

3. What are the eligibility criteria for a Car loan?

4. How do I apply for a Car loan online?

5. How can I get an instant Car loan?

6. What is the percentage rate for Car loans?

7. Can I get a Car loan with a low CIBIL score?

8. What is the processing fee for a Car loan?

9. Can I get a Car loan with a bad credit score?

Tips & Solutions for Applying Loan View All Blogs

Home Buying Trends 2021

Important Things That NRIs Should Know About Home Loan In India

Home Loan Agreement- Important clauses to know!

How To Avoid Rejection Of Your Personal Loan Application