Car Loan
Drive home your new or pre-owned car with competitive interest rates and quick digital approval.
Apply NowLoan Amount
₹1,00,000 – ₹25,00,000
Tenure
12 – 84 months
Interest Rate (APR)
9.5% p.a.
Processing Fee
Up to 1.5% of loan amount + GST
Loan-to-Value (LTV)
Up to 90% of on-road price
Disbursal Time
1–3 working days after approval
*Indicative figures. Actual interest rate, LTV and tenure depend on vehicle type and credit assessment. See our Interest Rate & Fees Policy for full details.
Eligibility Criteria
- • Indian resident aged 21–60 years
- • Salaried or self-employed with regular income
- • Minimum net monthly income of ₹20,000 (indicative)
- • Credit score of 650 or above preferred
- • Valid PAN, Aadhaar and driving licence
Documents Required
- • Identity Proof: PAN Card, Aadhaar Card or Passport
- • Address Proof: Aadhaar Card, utility bill or rent agreement
- • Income Proof: Latest 3 months' salary slips, or ITR for self-employed applicants
- • Bank Statement: Last 3–6 months
- • Vehicle Quotation/Invoice: From the dealer
- • Photograph: Recent passport-size photo
All documents are collected digitally during the application process — no physical paperwork or branch visit required.
What You Can Use Car Loan For
New Car Purchase
Finance a brand-new car with attractive interest rates.
Used Car Purchase
Get financing for a pre-owned car from a dealer or individual.
Balance Transfer
Move your existing car loan to {{site_name}} for a better rate.
Top-Up Loan
Get additional funds on top of your existing car loan.
Factors That Affect Your Loan Approval
Down Payment Amount
A higher down payment reduces the loan-to-value ratio and improves approval chances.
Credit History
A strong credit score helps secure a lower interest rate.
Income & Repayment Capacity
Stable income relative to the EMI amount is a key approval factor.
Vehicle Type & Age
For used cars, the vehicle's age and condition affect the loan amount and tenure.
Representative Example
For a loan of ₹6,00,000 at an interest rate of 11% p.a. (APR) for a tenure of 60 months, with a processing fee of 1.5% + GST:
- • Monthly EMI: approx. ₹13,045
- • Total amount payable: approx. ₹7,82,727
- • Total interest + fees: approx. ₹1,82,727
This is an illustrative example only. Your actual rate, fees and EMI will depend on your credit profile and will be shared before loan acceptance. Use our EMI Calculator for a personalised estimate.
Car Loan FAQs
Yes, car loans are available for both new and used cars, subject to the vehicle's age and valuation.
You can finance up to 90% of the on-road price, subject to credit assessment.
Yes, balance transfer is available if you wish to move your existing car loan to Adarsh Capital for better terms.
Yes, the financed vehicle is hypothecated to Uni-Com Fincorp Private Limited until the loan is fully repaid.
Yes, prepayment is allowed as per your loan agreement. Applicable charges are disclosed in our Interest Rate & Fees Policy.