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New Car Loan Assistance

Bring Your Next Car Within Reach of Your Budget

Planning to purchase a new car? Understanding your financing options can help you plan the down payment, monthly instalments, and total cost of ownership.

Naitri Associates LLP helps you explore car loan options and understand the general application process.

Check Your Eligibility

Get an instant quote from 50+ banking partners.

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Overview

What is a car loan?

A car loan is financing used to purchase an eligible vehicle, subject to the lender's terms. The borrower repays the loan through agreed instalments.

The loan amount and conditions may depend on the vehicle price, down payment, applicant's financial profile, and lender policies.

Pre-Application Checklist

What should you consider before applying?

  • •On-road vehicle price.
  • •Down payment.
  • •Loan amount.
  • •Interest rate.
  • •Loan tenure.
  • •EMI affordability.
  • •Processing fees.
  • •Insurance and registration costs.
  • •Applicable foreclosure conditions.
  • •Total cost of ownership.
Documentation

Documents generally required

  • ✓Identity and address proof.
  • ✓PAN and other KYC details.
  • ✓Income proof.
  • ✓Bank statements.
  • ✓Employment or business information.
  • ✓Vehicle quotation.
  • ✓Additional lender-specific documents.
Financial Planning Tool

Car Loan EMI Calculator

Estimate your monthly instalment before deciding how much to borrow.

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Got Questions?

New Car Loan FAQs

Can I finance the full vehicle price?

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The eligible amount depends on the lender's financing policy, vehicle, and applicant profile. A down payment may be required.

Can I apply if I am self-employed?

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How do I estimate my EMI?

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Does the lender finance insurance and registration?

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Planning to Purchase a New Car?

Explore the financing process before making your purchase decision.

Enquire About a Car Loan