New Car Loan

Drive home your dream car with our affordable car loan solutions. Get loans up to 100% of on-road price with competitive interest rates starting from 8.5% and flexible repayment options up to 7 years.

Apply Now
New Car Loan

Loan Features

  • Up to 100% on-road
  • Interest from 8.5%
  • Tenure up to 7 years
  • Quick approval

What is a New Car Loan?

A New Car Loan is a secured loan that helps you purchase a brand new car. The car itself serves as collateral for the loan. With competitive interest rates and flexible repayment terms, you can drive home your dream car without straining your finances.

At Vision Paid, we partner with leading banks and NBFCs to offer car loans with the best interest rates and minimal documentation. Whether you're buying a hatchback, sedan, SUV, or luxury car, we have the perfect financing solution for you.

Features of Our New Car Loans

High Loan Amount: Get financing up to 100% of the on-road price of the car.

Competitive Interest Rates: Our car loan interest rates start from just 8.5% per annum.

Long Repayment Tenure: Choose a repayment period of up to 7 years, making your EMIs affordable.

Quick Processing: Get your loan approved within 24-48 hours with minimal documentation.

Minimal Down Payment: Some lenders offer 100% financing with zero down payment.

Pre-approved Offers: Existing customers may get pre-approved car loan offers.

Balance Transfer: Transfer your existing car loan for better interest rates.

Compare Car Loan Offers

Find the best car loan deals from top banks

Bank Name Interest Rate Processing Fee Loan Tenure Max LTV Apply Now
SBI Car Loan 8.60% - 9.50% 0.50% Up to 7 years Up to 90% Apply Now
HDFC Bank Car Loan 8.70% - 10.50% Up to 1.50% Up to 7 years Up to 100% Apply Now
ICICI Bank Car Loan 8.75% - 10.75% Up to 2.00% Up to 7 years Up to 100% Apply Now
Axis Bank Car Loan 8.80% - 11.00% Up to 1.00% Up to 8 years Up to 95% Apply Now
Kotak Mahindra Car Loan 8.90% - 11.50% Up to 2.00% Up to 7 years Up to 90% Apply Now

How It Works

Simple 5-step process to get your car loan

1

Choose Your Car

Select the car model you want to buy.

2

Apply Online

Fill out our car loan application form.

3

Document Submission

Submit KYC and income documents.

4

Loan Approval

Get approval within 24-48 hours.

5

Drive Home

Loan disbursed directly to dealer.

Required Documents

Keep these documents ready for quick processing

KYC Documents

  • Aadhaar Card
  • PAN Card
  • Passport size photographs
  • Address proof

Income Documents

  • Last 3 months' salary slips
  • Form 16 of last 2 years
  • ITR of last 2 years
  • Last 3 months' bank statement

Eligibility Criteria

Check if you qualify for a car loan

Age Criteria

Minimum age: 21 years | Maximum age at loan maturity: 60-65 years

Income Requirement

Minimum monthly income: ₹20,000 for salaried | ₹2.5 Lakhs annually for self-employed

Credit Score

Minimum CIBIL Score: 650+ for approval. Higher scores get better rates.

Employment

Salaried: 1+ years experience | Self-employed: 2+ years in business

Ready to Drive Your Dream Car?

Apply now for a new car loan and get the best financing options for your dream vehicle.

Call 8595318334

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Call Us 8595318334
Visit Us Vision paid, Radharaman Mansion, Hospital road, near bilpar point, opposite IDBI BANK, 788005