Apply for Car Loan Online in India
Get a Car Loan DSA for Salaried and Self-Employed Customers Online in India. Become a Car Loan DSA Partner with 200+ Banks & NBFCs. Car Loan DSA Registration in Pan India can be done in few minutes.
Learn what is a New Car Loan and how a New Car Loan can help you
How to Apply for a New Car Loan
A car loan in India is a type of secured or unsecured loan provided by banks, Non-Banking Financial Companies (NBFCs), and other financial institutions to help individuals purchase a new or used car. The borrower repays the loan in monthly installments (EMIs) over a fixed tenure, including interest charges.
A car loan in India helps buyers purchase a vehicle without paying the full amount upfront. Interest rates, eligibility, and loan terms vary by lender, so compare options before applying. Maintaining a good credit score and choosing the right tenure can save money in the long run.
Different type of Personal Loans you can avail for different loan needs
Up to 100% Car Loan Financing
With 100% financing on a car loan, the bank or lender funds the entire cost of the car, including taxes, registration, and insurance. Instead of paying out of pocket, you can finance the entire amount through the loan, spreading out the cost over affordable monthly installments (EMIs).
What CIBIL Score or Credit Score is required to apply for Personal Loan
Low Interest Car Loan
A low-interest car loan offers a reduced interest rate, typically based on your creditworthiness, loan amount, and term length. With a lower rate, more of each monthly payment goes toward paying down the principal loan amount instead of interest. This can be especially beneficial for larger loan amounts, saving you hundreds or even thousands of dollars over the loan’s duration.
Which documents are required to get a Car Loan Online in India
Documents Required for Car Loan
1. Identity Proof (Any One)
PAN Card (Mandatory for all lenders)
Aadhaar Card
Passport
Voter ID
Driving License
2. Address Proof (Any One)
Aadhaar Card
Passport
Voter ID
Utility Bill (Electricity/Water/Gas – not older than 3 months)
Rental Agreement + Landlord’s NOC (if rented)
3. Income Proof
For Salaried Individuals
Last 3 months’ salary slips
Last 6 months’ bank statements (showing salary credits)
Form 16 (for loans above ₹5 lakh)
Employment Certificate (if required)
For Self-Employed Professionals/Business Owners
Last 2-3 years ITR (Income Tax Returns)
Profit & Loss Statement + Balance Sheet (CA-certified if needed)
Last 6-12 months’ bank statements
Business Proof (GST Registration, Shop Act License, MSME Certificate)
When a Personal Loan can help individuals fulfill money needs
When Should One Take Personal Loan?
If you have an urgent need for funds and you can’t wait for them to be transferred from your savings or if you need short-term loan for a major expense, then a personal loan will be ideal. Because of the nature of this loan, you can use it to fund any kind of need. There are different types or kinds of personal loans depending on what the borrower intends to use it for. But usually, there is only one type of personal loan available in which the borrower can use the funds however they want.
Numbers Speak
The numbers are growing with every instant personal loan disbursal
Customer Testimonials
What Client Says
Applied for a personal loan of Rs.2 lakhs and got instantly while I was in an emergency situation at 4 a.m. in the morning but CapitalCow Instant Personal Loan saved me.
Manasi Sinha
Instant Personal Loan
Needed an instant personal loan of Rs.5 lacs at the lowest interest rates and got in 1 hour from the best lender instantly, thank you CapitalCow Personal Loan team.
Roshan Seth, Ahmedabad
Online Personal Loan