Lowest EMI Ride

New & Used Car Loan

Drive home your choice vehicle with up to 100% on-road financing.

Compare car loan deals across leading lenders with rates starting at 8.75% p.a. Flexible 1 to 7-year repayment options and hassle-free dealer coordination.

New & Used Car Loan illustration
Lowest EMI RideFrom 7.5% p.a.
Product SpecificationREF: CAR-LOAN
Interest Rates7.5% p.a.
Maximum FinancingUp to 100% On-Road
Repayment HorizonUp to 7 Years (84 Mo)
Processing FeeFlat ₹2,500 – ₹5,000
Live Loan Simulator

New & Used Car Loan EMI Calculator

Adjust principal, anticipated rate, and loan duration to calculate your exact monthly commitment and overall payout.

₹8,00,000
₹1,00,000₹50,00,00,000
9.25%
8.75%16%
60 Mo
12 Mo84 Mo
Estimated Monthly EMI
₹16,704
Principal Amount₹8,00,000
Total Interest Payable₹2,02,235
Total Repayment Amount₹10,02,235
Key Advantages

Why choose RawaniGrow for your New & Used Car Loan

Our institutional advisory model ensures maximum approval certainty with preferential interest rates.

Up to 100% on-road price financing for select car models
Pre-approved loan sanction letters before showroom booking
Competitive fixed and floating interest rate schemes
Both new cars and certified pre-owned vehicles covered
Instant hypothecation endorsement support
Application Requirements

Eligibility & Required Documentation

Check qualification thresholds and prepare required verification paperwork beforehand for same-day processing.

Who is Eligible

  • Salaried individuals with minimum net salary of ₹25,000/month
  • Self-employed individuals with stable ITR records for 2+ years
  • Age criteria: 21 to 65 years
  • Valid driving license or co-applicant with valid license

Required Documents

  • Car Proforma Invoice from authorized dealership
  • PAN Card & Aadhaar Card / Passport
  • Last 3 months salary slips or last 2 years ITR with computation
  • Last 6 months bank statement showing regular operational balance
Questions

New & Used Car Loan FAQs

Frequently asked questions specific to New & Used Car Loan applications, interest rules, and approvals.

Yes, we arrange loans for certified pre-owned cars up to 80-85% of the vehicle valuation with tenures up to 5 years.

On-road financing covers ex-showroom price, RTO registration charges, road tax, and standard motor insurance.

Yes, the purchased car remains hypothecated to the financing bank until the loan is fully repaid and an NOC is issued.

Ready to secure your New & Used Car Loan?

Our advisory desk checks live sanction guidelines across 70+ lenders and guides your application end-to-end at zero fee.