LOANZAAR

Welcome to Loanzaar

Sign in to track applications & get offers.

Sign In / Register
Showroom Ready

Drive Home Your Dream Car.

Up to 100% on-road funding. Lowest interest rates. Instant sanction.

Instant Sanction
Custom EMI

What is a New Car Loan?

A new car loan provides financial assistance to purchase a brand new vehicle from a dealership. It covers a significant portion of the car's on-road price, including ex-showroom cost, RTO charges, and insurance.

Max Funding

100%

On-road price

Ownership

Your Name

Immediate

Tenure

7 Years

Maximum

Rates From

8.50%

Fixed p.a.

Eligibility Criteria

  • Age: 21 - 65 Years
  • Income: ₹20k/mo (Min)
  • Employment: Stable History
  • Score: 650+ CIBIL
  • Salaried: 2 Yrs Exp (1 Yr Current)
  • Self-Employed: 2 Yrs Business

Fees & Charges

ParticularCharges
Processing Fees₹6200 onwards
Stamp DutyAs Per State Rates

EMI Calculator

Estimated Monthly EMI

0

Total Interest

-1,000,000

Total Amount

0

Loan Amount10.0L
Tenure60 Months
Interest Rate9%

Features & Benefits

Loan up to ₹47 Lakh

High loan amount for new cars.

3 Unique Variants

Standard, Flexi, or Secured options.

72 Months Tenure

Flexible repayment up to 6 years.

Minimal Docs

Paperless approval process.

Immediate Funds

Quick disbursal to dealer.

Flexible Tenures

Repay at your own pace.

Fixed Rates

Predictable monthly payments.

Custom Amount

Tailored to your car choice.

Easy Repay

Manageable installments.

Tax Benefits

Savings on interest (if applicable).

New & Used

Options for all car types.

Ownership

Drive your own car immediately.

Required Documents

Submit these documents for faster processing and approval.

Basic KYC
PAN, Aadhaar, Passport, Voter ID
Income Proof (Salaried)
3 Months Salary Slips
Form 16
6 Months Bank Statement
Income Proof (Self-Employed)
Last 2 Years ITR
Business Proof
6 Months Bank Statement
Other Docs
Signature Verification
Proforma Invoice from Dealer

Frequently Asked Questions

EMI Starts at

0/mo