Frequently Asked Questions (FAQs)
How much car loan can I get?
You can get up to 90% of the car’s on-road price, depending on your eligibility and credit profile.
How is the interest rate decided?
Your interest rate depends on factors like your credit score, loan amount, and repayment period. A higher credit score usually means a lower interest rate.
How long can I take to repay the loan?
You can choose a repayment period between 12 and 84 months, depending on what suits your budget.
Can I repay the loan early?
Yes, you can prepay or foreclose your car loan. Some small charges may apply, so check your loan terms or ask our team for details.
Do you offer loans for used cars?
Yes, we finance both new and used cars. The loan amount for a used car depends on its age, condition, and market value.
How long does loan approval take?
If you submit all required documents, approval usually takes 24 to 48 hours.
Can I get a loan with a low credit score?
A higher credit score helps you get better interest rates, but we also consider other financial factors. If your score is low, talk to us—we’ll try to help.
Can I apply with a co-applicant?
Yes! Applying with a co-applicant (like your spouse or family member) can increase your chances of approval and better loan terms.
What if I miss an EMI payment?
Missing an EMI could lead to late fees and affect your credit score. If you're facing financial issues, reach out to us—we’ll help you find a solution.
How do I check my loan status?
You can track your application online or call our customer support team with your reference number.
