Car Loan – Apply for Car Finance Online
New & Pre-Owned (Used) Car Loan
Apply For Car Loan

Car Loan

Looking for the perfect car financing solution? Droom Credit makes it simple with instant approvals, competitive car loan rates, and flexible terms tailored to your needs. Our powerful car loan calculator helps you plan your journey to ownership in just seconds.

Features & Benefits

Attractive Interest
Rates
24*7 Online Loan
Processing
Quick Disbursal
Easy EMIs
New Car Loan
New Car Loan
Offered Interest Rate
Starting at 8.60% P.A.
Maximum Tenure
Upto 7 Years
Loan Amount
Rs.50,000 Onwards
Processing Fee
Starting at 0.25% of loan amount
Apply For New Car Loan
Used Car Loan
Used Car Loan
Offered Interest Rate
Starting at 9.60% P.A.
Maximum Tenure
Upto 7 Years
Loan Amount
Rs.50,000 Onwards
Processing Fee
Starting at 0.25% of loan amount
Apply For Used Car Loan

Car Loan - Why to opt for a car loan?

The path to car ownership shouldn't be complicated. With our user-friendly car loan calculator, you can instantly see what your monthly car loan payment will be across different terms and down payment options. This transparency helps you make informed decisions before committing to any car loans.:

Lenders Offering Car Loan

  • Tata Capital
  • Cash E
  • Deccan
  • IDFC First Bank
  • Yes Bank
  • CashKumar
  • Hero Fincorp

Frequently Asked Questions

How to check the eligibility for the loan amount?

A customer can click on Apply for New/Used Car Loan and answer few questions to get loan decision in" 30 seconds for free

Who are eligible to apply for car loan?

A person who is an Indian citizen and above 18 years of age can apply for a car loan.

What is the car loan interest rates?

The car loan interest rates offered are the best in the industry. They are defined based on the location of the customer, tenure of loan and customer's profile.

What are required set of documents?

Documents Required:

  • KYC-PAN, Address & ID proof
  • Income proof (Salary slips and Form 16 or IT Return), Bank Statement and One Photograph

What is the loan processing time?

The average loan disbursing time is of 2-3 working days.

Can I pre-pay the entire loan amount?

Yes, you can pre-pay the entire loan amount.

Am I eligible to get loan for the purchase of a used car?

Yes, you are eligible to get loan for the purchase of a pre-owned car.

You can finance up to 100% amount, based on the customer's profile to buy a new car. Whereas, for a used car the finance is decided based on the age, condition, kilometers driven by the vehicle.

What are the tenure options available?

  • The loan tenure options available are from 1 year (12 months) to 7 years (84 months).

How do I approach Droom Credit for a Car Loan?

  • Apply Online.
  • Write to us using the Contact Us.
  • car-loan-Call us at our 24-hour Customer Care (9650 08 08 08).
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