CAR LOAN
Drive home your dream car with hassle-free financing and no hidden charges. Transparent offers and competitive rates designed to make owning a car easy.
Why Choose AdVision Financial Services For all Your Car Loan Needs?
Loan Up to ₹25,00,000
Get substantial loan amounts to fulfill all your personal needs
Flexible Tenure
Choose repayment period from 12 to 60 months as per your convenience
Instant Approval
Quick processing and instant approval with fast disbursal to your account
Flexible Tenure
Choose repayment period from 12 to 60 months as per your convenience
Minimal Documentation
Simple paperwork and easy verificationasy verification process process
Attractive Interest Rates
Competitive rates starting from 10.25% p.a. based on your profile
Eligibility Criteria & Required Documents
Eligibility Criteria
KYC documents (Valid Photo ID Proofs)
PAN Card
Signature Verification Proof
Registration Certificate of the Car
Last 2 years’ ITR as proof of income
Salary Slip (latest 3 months)
Car Insurance
Features of Personal Loan
Best home loan rates from multiple institutions.
Finance construction or major repairs on your plot.
Fund home expansions, annexes, or additional floors.
Upgrade furniture, fixtures, and home systems.
Enables NRIs to buy residential property in India.
Required Documents
KYC documents (Valid Photo ID Proofs)
PAN Card
Last 2 years’ ITR as proof of income
Salary Slip (latest 3 months)
Salary account statement (latest 6 months)
Proforma Invoice of the Car
Signature Verification Proof
Factors Affecting New Car Loan Eligibility
Credit Score
Income Level
Employment Stability
Debt-to-Income Ratio
Loan Amount Requested
Credit History
Existing Financial Obligations
Features of Car Loan
Quick Car Ownership : Get your dream new car without waiting to save up all the money (Avail up to 100% of On Road Cost)
Flexible Financing : We lend you the funds needed to buy the car, and you pay us back in smaller, manageable installments
Options Galore : Choose from a wide range of new car models that suit your taste and needs.
Building Credit : Making regular payments can help improve your credit score over time.
Warranty Coverage : Many new cars come with warranties that provide peace of mind.
Fees and Charges for Business Loan
Processing Fees
Starting from 6200 onwards
Stamp Duty Charges
As Per State Government Rates
Application Process
STEP 1
Fill Online Form
Provide your personal, income, and car details in the simple application form
STEP 2
Upload Documents
Digitally submit income, ID and address proofs for quick verification
STEP 3
Get Instant Approval
Formal approval decision based on your profile and submitted documents
STEP 4
Receive Funds
Loan amount disbursed directly to your car dealer or your account
Calculate Your Savings With AdVision EMI Calculator
Loan Details
EMI Breakdown
Total Amount
₹ 6,00,000
Monthly EMI
₹ 13,347
Total Interest
₹ 2,00,800
Total Payable
₹ 8,00,800
Loan Summary
Loan Amount :
₹ 6,00,000
Interest Rate (p.a.) :
12.00%
Loan Tenure :
5 Yrs
Total Interest :
₹ 2,00,800
Terms & Conditions
Interest rates are determined based on credit profile, income, and bank policy.
Processing fees range from ₹3,500 up to 2% of loan amount and will be deducted from disbursement.
Prepayment/foreclosure charges apply as per tenure and bank policy (Nil–5%).
Late EMI payments attract penal charges (commonly 2% per month on overdue amount).
The bank/NBFC reserves the right to approve or decline applications at discretion.
Disbursement and loan issuance subject to complete document verification.
Applicants must maintain good credit standing during the loan term.
For further information, please refer to the detailed loan agreement at the time of application.