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   Car Loan
Loan shopee.com is your first choice for car loans and Auto Finance. We can assist you in finding the best auto financing . We can help find you the lowest interest rates on the internet. Whether you want to buy a new car, used car, or refinance an existing car loan. Our professionally trained financing specialists will assist you in obtaining the best possible auto loan with competitive rates and terms.
Our national network of dealers will customize an auto loan solution that's right for your situation. Because our dealer partners have access to multiple lenders, even in today's credit crunch, they are equipped to finance consumers across all credit types. Whether you have good credit, bad/poor credit, it's your first auto loan, or you have no credit, you can be helped.

Simply fill out our auto loan application and put our relationships to work for you. Please contact us if we can answer any questions. Your auto loan is waiting!

Loan Shopee.com doesn't provide Loans on its own but ensures your information is sent to bank which you have opted for. All loans are on discretion of the associated Banks.

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Read below how these factors effect your Interest rates **
To help its customers get the best interest rates on car loans Loan shopee has consolidated all the information regarding latest rate of interests at one place. Please keep visiting this section to get updated rates of interests on car loans.
ICICI Bank 11.50% - 14.75%
(From 36 - 60 months),
13.75% - 16%
(From 24 - 35 months),
15.75% - 17%
(Upto 23 months)

16.50% - 18.50% Rs.2500/- to Rs.5000/-
HDFC Bank 11.50% - 12.25%
(From 49 - 60 months),
11.50% - 12.25%
(From 36 - 48 months),
11.25% - 12.00%
(Upto 36 months)
15.25% - 17.75%
(60 months),
15.25% - 17.75%
(48 months),
15.25% - 17.75%
(36 months),
15.75% - 18.25%
(24 months),
15.75% - 18.25%
(Upto 12 months)

Corporate Rates
13.75% - 15.25%
(From 36 - 60 months),
Rs 2325/- to Rs. 4275/-
Kotak Mahindra 11.50% - 13.50% 17% - 20% Rs.3300/- to Rs.4750/-
Axis Bank 11.50% - 14.50% 16.50% - 18% Rs.3000/- to Rs.3500/-
State Bank of India (SBI) 11.25% 17.25% ( Upto 36 Months)
17.50% ( Above 36 months)
0.5% of loan Amount
Bank Of India 12.50% - 13.50% 13.50% - 14% a) Loans upto Rs.25,000/- - one time Rs.1,000/-
b) Loans above Rs.25,000/- upto Rs.25 lacs - one time 1.10% of loan amount - Min.Rs.1,500/- & Max. Rs.5,000/-
c) Loans above Rs.25 lacs - one time 0.25% of the loan amount Max.15,000/-
Federal Bank 12% - 12.50%
(upto & including 36 months)
12.50% - 13%
( Above 36 months to 60 months)
15.75% - 16.25% Rs 1655/- to Rs 2758/-

Please note that the interest rates given here are based on the market research. To enable the comparisons certain set of data has been reorganized / restructured / tabulated .Users are advised to recheck the same with the individual companies / organizations. This site does not take any responsibility for any sudden / uninformed changes in interest rates.
Banks/ Financial Institutions can contact us at customercare@loanshopee.com for inclusions or updates.

A number of factors are taken into account when assessing your repayment capacity. Your income, age, number of dependants, qualifications, assets and liabilities, stability/ continuity To qualify for a car loan, the following criteria apply

  1. Applicant can be a salaried / self-employed individuals and should be a resident Indians.
  2. Professional self-employed individuals eligible for a personal loan are Doctors, Chartered Accountants, Cost Accountants, Company Secretaries, Architects, Engineers and Management Graduates.
  3. The minimum age of the Applicant / Guarantor should be 21 years for salaried and self-employed individuals.
  4. The maximum age of the Applicant / Guarantor at loan maturity should be 58 years for salaried individuals (60 years for Central Govt. employees) and 65 years for self-employed individuals.
  5. The minimum years in continuous employment / business should be 1 year for salaried individuals and 2 years for self-employed individuals.
  6. The minimum net annual income should be Rs.75,000 p.a. (including co-applicant's or applicant's income) for salaried and self-employed individuals.(Different banks Have different income criterias).
  7. The minimum stay at current residence should be 1 year for salaried and self-employed individuals
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