A car loan makes it easy to buy your dream car with simple EMIs. In 2025, top Indian banks and NBFCs are offering low interest car loans, zero down payment options, and quick approvals for both new and used cars.
Car Loan with Lowest Down Payment Best Banks for Car Loan Car Loan Without CIBIL Score Car Loan EMI Calculator Car Loan for Used Cars✅ Types of Car Loans
1. New Car Loan
Banks like SBI, HDFC, ICICI, Axis Bank provide loans for new cars with interest rates starting at 8.5% per annum.
2. Used Car Loan
If you want to buy a pre-owned vehicle, banks and loan apps offer used car loans at slightly higher rates.
3. Car Loan Without CIBIL Score
Some lenders approve car loans for low CIBIL score customers, but with higher down payments or interest rates.
4. Car Loan EMI Calculator
Always check your car loan EMI using an online calculator before applying to plan your monthly budget.
✅ Documents Required
- Aadhaar & PAN Card
- Salary slips / ITR
- Bank statements
- Car quotation / RC book (for used cars)
✅ Final Thoughts
A car loan helps you drive home your dream vehicle without heavy upfront costs. Always compare car loan interest rates, processing fees, and EMI options before applying.