HDFC Car Loan | HDFC Car Loan Interest Rate | Complete Details - BankBazaar

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HDFC Bank Car Loan

HDFC Bank offers quick and easy car loan for both new and used cars.

Features & Benefits of HDFC Bank Car Loan

HDFC Bank car loans are available for both new and used cars
Covers the widest range of cars and multi-utility vehicles in India
Avail 100% finance on certain car models
Speedy processing - within 48 hours
Doorstep service for car loan applicants
Special rates for HDFC Bank account holders. Very minimal documentation for HDFC Bank Salary account holders

Eligibility conditions for HDFC Bank Car Loan

Age range : 21-58(Salaried), 21-65(Self Employed)
Minimum Experience : 2 years in employment and minimum 1 year in the current organization (Salaried), minimum 3 years in business(Self Employed)
Minimum income : Rs 1 lakh annual income (Salaried), Rs. 60000 annual income for standard cars and Rs. 1 lakh income for premium cars (Self employed professionals and individuals)
Telephone : Must have phone at residence

Details of HDFC Bank Car Loan. Use our calculator to compare offers from multiple banks
Interest Rate (Monthly reducing balance)	8.5% fixed to 10.75% fixed
Processing Fees	Up to Rs. 3,650
Loan Tenure	1 year to 7 years
Pre-closure Charges	6 % of foreclosed amount in year one. 5% in year two. 3% afterwards Foreclosure not allowed for first 6 months
Loan Amount	Varies based on car model. Up to 100% financing for pre-approved customers.
Guarantor Requirement	No guarantor required
Documents	Proof of Identity : Passport or voter's card or driving licence or PAN card and photograph Proof of Residence : Ration card or passport or driving license or latest electricity bill or latest telephone bill or latest credit card bill bank statements Income proof : Latest salary slip with Form 16(Salaried) or latest Income Tax Return (Self employed) Bank statement : Not needed for small cars, for mid-sized and premium cars if income is greater than Rs. 1.5 lacs then bank statement not needed

Get the lowest car loan interest rate in 2 minutes from HDFC Bank

Recently made loan offers

Rs.6.00 lakhs for Rs.19,786 EMI

9.50% Rate 36 Tenure

Total Interest PayableRs. 112,282

Total Tax + FeesRs. 15,000

Total Interest + FeesRs. 127,282

Submitted 31 minutes ago

Rs.6.70 lakhs for Rs.17,154 EMI

9.50% Rate 48 Tenure

Total Interest PayableRs. 153,405

Total Tax + FeesRs. 16,750

Total Interest + FeesRs. 170,155

Submitted 55 minutes ago

Rs.5.30 lakhs for Rs.11,392 EMI

9.50% Rate 48 Tenure

Total Interest PayableRs. 153,506

Total Tax + FeesRs. 13,250

Total Interest + FeesRs. 166,756

Submitted 55 minutes ago

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Total EMIs you currently pay per month (if any)

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(Include current loans and any loans that closed within the last 12 months)

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    <option value="5">May</option>
    <option value="6">Jun</option>
    <option value="7">Jul</option>
    <option value="8">Aug</option>
    <option value="9">Sep</option>
    <option value="10">Oct</option>
    <option value="11">Nov</option>
    <option value="12">Dec</option>

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    <option value=""
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    <option value="2010">2010</option>
    <option value="2009">2009</option>
    <option value="2008">2008</option>
    <option value="2007">2007</option>
    <option value="2006">2006</option>
    <option value="2005">2005</option>
    <option value="2004">2004</option>
    <option value="2003">2003</option>
    <option value="2002">2002</option>
    <option value="2001">2001</option>
    <option value="2000">2000</option>
    <option value="1999">1999</option>
    <option value="1998">1998</option>
    <option value="1997">1997</option>
    <option value="1996">1996</option>
    <option value="1995">1995</option>
    <option value="1994">1994</option>
    <option value="1993">1993</option>
    <option value="1992">1992</option>
    <option value="1991">1991</option>

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        </td>
        <td>
            <span style="margin-right:7px;">EMI</span>
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HDFC Bank Car Loan

Features & Benefits of HDFC Bank Car Loan

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