Get instant car loan eligibility with upto 100% financing from leading banks at best Interest Rates, EMI for your new car and used car purchase. CarWale brings car finance at your fingertips with attractive bank offers for your dream car.
Car Loan Details
New Car Interest Rate
New Car Loan Tenure
1 to 7 years
Used Car Interest Rate
Used Car Loan Tenure
1 to 4 years
Varies with bank
Interest rates applicable on monthly reducing balance.
Kotak Mahindra Bank
Min Loan Amount
Max Loan Amount
EMI For 5 Years
Interest Rates shown are indicative and will vary as per your credit score across different lenders.
Total Interest Payable
₹ 1.72 Lakh
Principal Loan Amount
₹ 7.00 Lakh
Total Amount Payable
₹ 8.72 Lakh
This doesn’t include bank processing fee.
Why should you apply for car loan through CarWale?
CarWale brings you instant custom-fit car loans from leading banks in India to help you get a loan to purchase your dream car. Just fill the form once and get custom fit loan quotes with upto 100% financing on select vehicles, flexible repayment tenure and pocket-friendly EMIs from our finance partners. In case you have not finalized on a car, we also assist you in finding a car that suits your needs perfectly.
What is the maximum loan amount that I can avail for new car loan?
What will be the interest rate for car Loan on CarWale?
What is the tenure for which I can get a new car loan?
What is car loan EMI? How is this calculated?
What is the eligibility criteria to apply for new car loan on CarWale?