Skip to main content
All services

Vehicle & Asset

Car Loan (New)

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

Interest rate
8.7% – 11.5% p.a.
Loan amount
Up to ₹3 crore
Tenure
Up to 7 years
Processing fee
0.25% – 1% (often waived)

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

  • 19 years of lending expertise and ₹1,048 Cr+ disbursed.
  • 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.
Moneymax

Ramesh K. from Chennai got Business Loan of ₹38,00,000

Sanctioned via Moneymax • 2 minutes ago