Car Loan
Finance a new or used car with fixed EMIs.
Key Fact Statement: MudraHub does not set loan terms. The lending partner will provide its Key Fact Statement (APR, all fees, tenure, repayment schedule, cooling-off and grievance details) before you accept any loan. Read it fully before signing. Rates and fees below are indicative and vary by lender and profile.
Who can apply
- Salaried or self-employed with stable income
- Age and income limits vary by lender
- The vehicle is hypothecated to the lender
- Down payment requirement varies
Documents usually needed
- KYC (PAN, Aadhaar)
- Income proof and bank statements
- Vehicle quotation or invoice
- Address proof
Fees and charges
Interest rate, processing fee and other charges are set by each lender and depend on your profile. MudraHub does not charge borrowers a facilitation fee. See Disclosures & Fees.
FAQs
Do I need a down payment?
Usually yes; the amount depends on the lender and vehicle.
Can I get a used car loan?
Many lenders offer it, often with different terms.
Check my offer Try the EMI calculator Compare lenders
Explore Car Loan
Approval, rate and amount are decided solely by the lender. This page is general information, not an offer.