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Vehicle & Asset

Car Loan (New)

Finance up to 100% of new car on-road price.

Interest rate
8.75% – 12.50% p.a.
Loan amount
Up to ₹3 crore
Tenure
Up to 7 years
Processing fee
0.25% – 1% (often waived)

Indicative figures only. The final amount, interest rate and tenure are subject to lender eligibility, property valuation, cash flow and credit policy. Approval is decided by the lender.

Eligibility

  • Age 21–65
  • Income ₹3L+/yr salaried, ₹4L+ self-employed

Documents required

  • KYC
  • Income proof
  • Quotation from dealer

Best for: Fixed-rate tenure, hypothecation removed at closure.

Insider tip: Compare bank rate vs dealer-finance — bank rates are usually 1–2% lower.

Why apply through Moneymax Fingrow

  • Founders with 19+ years of banking and NBFC experience; ₹1,048 Cr+ disbursed since 2017.
  • 48+ banks & NBFCs compared in a single application.
  • Doorstep document pick-up across Chennai, Bengaluru, Hyderabad and Mumbai.
  • Transparent fees, lowest negotiated rates, end-to-end handholding till disbursal.

Free 2026 rate guide

MSME Loan Interest Rates 2026: 48+ Banks & NBFCs Compared

See which lender gives your business the cheapest money — from 8.5% p.a., approval in 48 hours.

Compare rates

Comparing facilities rather than one product? Our business loan and MSME funding guide sets out working capital finance, overdraft, cash credit, term loan and loan against property side by side.