+91 9871782345 loans@carspider.in Ghaziabad, Uttarpradesh
New • Used • Top-Up • Balance Transfer

Drive Your Dream Car
Starting at 7.25% p.a.
with Zero Hassle

Get car loans approved in 24 hours — new car, used car, top-up on existing loan, or balance transfer. Best rates from 15+ lenders guaranteed.

7.25%
Starting Rate
24 Hrs
Approval Time
100%
On-Road Funding
84 Mo
Max Tenure
Live Interest Rates
🚗
New Car Loan
Up to 100% on-road price
7.25% p.a.
🚘
Used Car Loan
Up to 80% car value
10.5% p.a.
🔄
Balance Transfer
Switch for lower EMI
8.75% p.a.
💰
Top-Up Loan
On existing car loan
10.0% p.a.
🏦
15+
Banks
24 Hr
Approval
🔒
100%
Secure

Choose Your Car Loan Type

We offer 4 types of car loans to suit every need.


🚗New Car LoanFrom 7.25% p.a.
🚘Used Car LoanFrom 10.5% p.a.
💰Top-Up LoanFrom 10.0% p.a.
🔄Balance TransferFrom 8.75% p.a.
New Car Loan

Finance Your Brand-New Car with Up to 100% On-Road Price

Buy any brand-new car from any authorized dealership across India. Get up to 100% of the on-road price financed — no down payment required for eligible profiles. Competitive rates starting at 7.25% p.a. with flexible repayment up to 84 months.

Up to 100% Funding
Full on-road price covered
Loan up to ₹2 Crore
Luxury cars included
Tenure: 12–84 months
Choose EMI you can afford
Disbursal in 24 Hrs
Same-day for some cases
All brands: Maruti, Hyundai, Tata, Honda, Toyota, BMW, Mercedes, Audi & more
Minimal documentation — Aadhaar, PAN, Income proof
Zero prepayment charges after 12 months (select banks)
Part-payment allowed after 6 months
Free car insurance with select loan packages
CIBIL score 700+ for best rates
Interest Rate
Starting from
7.25% p.a.
Rate varies by bank, CIBIL score & loan amount
Loan Details
Loan Amount₹1 Lakh – ₹2 Crore
LTV RatioUp to 100%
Tenure12 – 84 Months
Processing Fee0.5% – 2% of loan
Disbursal Time24 – 48 Hours
PrepaymentAllowed after 12 months
Eligibility
Age: 21–65 years at loan maturity
Salaried: Min ₹20,000/month income
Self-employed: Min ₹2 Lakh annual income
CIBIL score 700+ for best rates
Min 1 year employment continuity
Used Car Loan

Buy a Pre-Owned Car — Up to 80% Funding at Competitive Rates

Get a used car loan for vehicles up to 10 years old. We fund up to 80–85% of the vehicle's assessed value with fast approvals and minimal documentation.

Up to 80% Funding
Of assessed car value
Cars up to 10 Years Old
All certified makes accepted
Loan: ₹1L – ₹75 Lakh
Based on car value
Tenure: 12–60 Months
Flexible EMI options
Any Indian car from individual or dealer accepted
Free RC transfer & valuation assistance
Free car inspection through our partner network
Loan sanction in 48 hours
CIBIL 650+ also considered with co-applicant
Interest Rate
Starting from
10.5% p.a.
Varies by car age, CIBIL score & bank
Loan Details
Loan Amount₹1 Lakh – ₹75 Lakh
LTV RatioUp to 80–85%
Car AgeUp to 10 Years
Tenure12 – 60 Months
Processing Fee1% – 2.5% of loan
Disbursal Time48 – 72 Hours
Eligibility
Age: 21–65 years
Salaried: Min ₹15,000/month income
Self-employed: Min ₹1.5 Lakh annual income
CIBIL 650+ (700+ for best rates)
Car should not be hypothecated elsewhere
Top-Up Loan

Get Extra Cash on Your Existing Car Loan — Instantly!

Already have a car loan running? Get a top-up loan on top of your existing EMI. Borrow up to 180% of your car's current value for any purpose — home, education, medical, or business.

Up to 180% of Car Value
High top-up eligibility
No Purpose Restriction
Use funds for anything
Lower Rate than PL
10–13% vs 16–22%
No Guarantor Needed
For eligible profiles
Existing loan should be active for 12+ months
No EMI default in last 12 months
Extra amount disbursed directly to your account
Repay as separate or consolidated EMI
Disbursed in 48 hours after approval
Interest Rate
Starting from
10.0% p.a.
Much lower than personal loan (16–22%)
Loan Details
Top-Up Amount₹50,000 – ₹52 Lakh
Max LTVUp to 180% of car value
Tenure12 – 84 Months
Min Loan Age12 EMIs paid
Disbursal48 Hours
Eligibility
Active car loan running for 12+ months
No default or bounce in last 12 EMIs
Salaried: Min ₹20,000/month
Good CIBIL score (700+)
Balance Transfer

Switch Your Car Loan to Car Spider — Save Thousands on EMI!

Paying a high interest rate? Transfer your outstanding car loan balance to a partner bank and enjoy lower EMIs. Get a top-up loan too for extra funds at lower cost.

Lower Interest Rate
Save on total cost
Top-Up Available
Get extra funds too
Min 9 EMIs Paid
On existing loan
Quick Processing
7–10 working days
Applicable for both new and used car loans
Can combine BT + Top-Up in single application
Best suited when CIBIL score has improved
No guarantor required for eligible profiles
Interest Rate
Starting from
8.75% p.a.
Better terms with improved CIBIL
Loan Details
Transfer AmountOutstanding balance
Top-UpUp to 180% car value
Min EMIs Paid9 months (no default)
Processing7–10 working days
Eligibility
Min 9 EMIs paid on existing loan
No default in loan history
CIBIL 700+ recommended
Outstanding amount min ₹1 Lakh

Compare Car Loan Rates — All Banks

We compare across 15+ banks so you get the lowest rate. Updated regularly.

Bank / NBFCNew Car RateUsed Car RateMax TenureMax LoanProcessing FeeAction
State Bank of India
Government Bank
7.25% 11.00% 84 months₹1 Crore₹0 – ₹5,000
HDFC Bank
Private Bank
7.50% 11.00% 84 months₹1.5 Crore₹3,500 – ₹10,000
ICICI Bank
Private Bank
7.75% 11.25% 84 months₹1 Crore₹3,500 – ₹8,500
Axis Bank
Private Bank
8.20% 13.00% 60 months₹75 Lakh₹3,500 – ₹5,500
Kotak Mahindra Bank
Private Bank
7.50% 11.50% 84 months₹1 Crore₹5,000 – ₹10,000
Punjab National Bank
Government Bank
7.40% 11.75% 84 months₹50 Lakh₹1,000 – ₹5,000
Bajaj Finance
NBFC
9.75% 12.50% 84 months₹52 LakhUp to 2%

*Rates are indicative and subject to change. Final rate depends on your CIBIL score, income, and loan amount.

Calculate Your Car Loan EMI

Plan your finances before applying. Get an accurate estimate of monthly EMI, total interest, and complete loan breakdown.

New Car Loan

From 7.25% p.a. — up to 100% on-road price financed

Used Car Loan

From 10.5% p.a. — cars up to 10 years old accepted

Balance Transfer

From 8.75% p.a. — reduce your current EMI significantly

Top-Up Loan

From 10% p.a. — extra funds at lower cost than personal loan

Loan Amount₹5,00,000
Interest Rate (p.a.)7.25%
Loan Tenure5 Years (60 Mo)
Monthly EMI
₹9,919
₹5,00,000
Principal
₹95,136
Interest
₹5,95,136
Total Payable
Principal Amount
Interest Charged

Required Documents

Minimal paperwork. Choose your profile to see the exact documents needed.

KYC / Identity Proof
Any one from the list
Aadhaar Card (mandatory)
PAN Card (mandatory)
Passport (optional extra)
Voter ID Card (optional)
Driving Licence (optional)
Income Proof
All required
Salary slips — last 3 months
Form 16 / ITR — last 2 years
Bank statements — last 6 months
Appointment letter (if < 1 year)
Offer letter / Increment letter
Address & Vehicle Proof
Required for processing
Utility bill (electricity/gas/water)
Rental agreement (if renting)
Car proforma invoice (from dealer)
2 passport size photographs
Completed loan application form
KYC / Identity Proof
All mandatory
Aadhaar Card (mandatory)
PAN Card (mandatory)
Passport / Voter ID / DL
Business Registration Certificate
GST Registration (if applicable)
Business & Income Proof
All required
ITR with computation — last 2 years
Audited Balance Sheet & P&L
Bank statements — last 12 months
Shop / Business establishment proof
CA certified income proof
Property & Vehicle
Required for loan
Office/residence address proof
Property ownership proof (if owned)
Car proforma invoice (from dealer)
2 passport size photographs
Completed loan application form
Company Identity & KYC
For Pvt Ltd / LLP / OPC
Certificate of Incorporation (COI)
Memorandum & Articles of Association (MOA / AOA)
PAN Card of Company (mandatory)
GST Registration Certificate
Board Resolution authorizing loan & signatory
List of Directors (Form DIR-12 / MCA filing)
Registered Office Address Proof (utility bill / lease)
Financial & Tax Documents
Last 2–3 years required
ITR — Company & Directors — last 2 years
Audited Balance Sheet & Profit & Loss — last 2 years
CA Audit Report (Form 3CA-3CD if applicable)
Company Bank Statements — last 12 months
GST Returns — last 6 months (GSTR-3B)
TDS Certificate / Form 26AS
Directors' Personal KYC
For all directors/partners
Aadhaar Card of all directors
PAN Card of all directors
DIN (Director Identification Number)
Personal bank statements — 6 months (signing director)
Passport / Voter ID / DL — any one
Car proforma invoice (for cars being financed)
If fleet: list of vehicles with expected usage
Fleet Operator KYC
Individual / Firm / Company
Aadhaar Card & PAN of proprietor / partners / directors
Business Registration / Partnership Deed / COI
GST Registration Certificate
Trade Licence / Shop Establishment Certificate
Transport Operator Licence (if applicable)
Registered office address proof
Financial & Business Proof
Last 2 years required
ITR — last 2 years (individual & firm)
Audited P&L and Balance Sheet — last 2 years
Bank statements — last 12 months (all accounts)
GST Returns — GSTR-1 & GSTR-3B (last 6 months)
Existing vehicle loan statements (if any)
Contract / work order from client company (if fleet attached)
Fleet & Vehicle Documents
For all vehicles in fleet
List of existing vehicles (RC Book copies of all)
Insurance copies of all existing vehicles (valid)
Fitness certificates for commercial vehicles
Pollution Under Control (PUC) certificates
Proforma invoice for new vehicles to be purchased
Existing EMI/loan track record on current vehicles
Route permits / national permit (for commercial vehicles)
Driver licence copies (commercial vehicles)
KYC + Income
Same as new car loan
All KYC documents (Aadhaar + PAN)
Salary slips / ITR (3–12 months)
Bank statements (6–12 months)
2 passport size photos
Vehicle Documents
Mandatory for used car
RC Book (Registration Certificate) — original
Car Insurance copy (valid)
Road Tax paid receipt
Form 32 / NOC from previous owner
Form 35 — Hypothecation removal (if any)
PUC Certificate
Seller / Dealer Docs
From vehicle seller
Seller's KYC (Aadhaar + PAN)
Sale agreement / Sale deed
Valuation report from bank panel
Form 29 — Transfer of ownership
Form 30 — Report of transfer
Personal + KYC
Standard documents
Aadhaar + PAN Card
Salary slips / ITR (3 months)
Bank statements (6 months)
2 passport size photos
Existing Loan Documents
From current bank
Existing loan account statement
Sanction letter from existing bank
Outstanding principal certificate
Last 12 EMI payment receipts
Foreclosure letter / NOC (on approval)
Vehicle Documents
For lien transfer
RC Book with hypothecation details
Car Insurance policy (valid)
Chassis & Engine number verification
Form 35 to remove old hypothecation

Are You Eligible?

Simple criteria. Most profiles qualify. Check yours now.



Salaried Employees
Working in public / private sector
Age
21–65 years
Min Income
₹20,000/month
Employment
Min 1 year
CIBIL Score
700+ preferred
Self-Employed / Business
Proprietors, partners, directors
Age
21–65 years
Annual Income
Min ₹2 Lakh
Biz Vintage
Min 2 years
CIBIL Score
700+ preferred
Pvt Ltd / LLP / Company
Registered companies & firms
Annual Turnover
Min ₹10 Lakh
Company Age
Min 3 years
GST Filed
Min 2 years
Max Loan
Fleet loans OK
CIBIL Score Impact on Car Loan Rate

Instant Pre-Approval Check

Get your loan eligibility checked in 2 minutes — no documents required at this stage

No Impact on CIBIL

Our pre-eligibility check is a soft inquiry — it will NOT reduce your credit score

Multiple Bank Comparison

We apply to 3–5 banks simultaneously and get you the best approval offer

CIBIL Score → Interest Rate
750–900
7.25–8%
700–749
8–9.5%
650–699
10–12%
600–649
12–14%
Below 600
14%+

Get Your Car Loan in 6 Simple Steps

1

Submit Inquiry Form

Fill our online form with basic details and car preference.

2

Expert Callback

Our specialist calls within 30 minutes to discuss details.

3

Bank Comparison

We compare 15+ banks and get you the best rate.

4

Document Submission

Submit your documents. We help arrange and verify everything.

5

Loan Sanction

Approval within 24 hours. Sanction letter issued by bank.

6

Drive Your Car!

Loan disbursed to dealer. Collect your keys and drive away!

Why Choose Car Spider for Your Car Loan?

24-Hour Approval

We process through multiple banks simultaneously — get approved in 24 hours with same-day disbursal for select profiles.

Guaranteed Best Rate

We compare 15+ banks including SBI, HDFC, ICICI, Kotak, Axis, PNB, Bajaj Finance and more. Always lowest rate for your profile.

Dedicated Car Loan Manager

Every applicant gets a dedicated manager from application to delivery — smooth, hassle-free experience guaranteed.

Minimal Documentation

Just 4–5 documents needed. We guide you step-by-step and submit on your behalf.

100% Transparent

No hidden charges. No surprise fees. Every cost disclosed upfront — processing fee, prepayment charges, insurance.

After-Loan Support

We assist with insurance claims, RC endorsement, loan top-up, balance transfer, foreclosure throughout your journey.

Real People, Real Cars, Real Results

★★★★★
Got my new Hyundai Creta financed at just 7.5% from HDFC — Car Spider found this rate in one day. Process was completely smooth, no running around. Collected my car within 3 days!
👨
Rohit Sharma
Software Engineer, Pune
New Car Loan — ₹8.5 Lakh
★★★★★
I was paying 12.5% interest on my used car loan. Car Spider transferred it to another bank at 9% — saved ₹2,800/month on EMI. They also gave a top-up loan for home renovation!
👩
Priya Nair
Teacher, Mumbai
Balance Transfer + Top-Up
★★★★★
Bought a 4-year old Maruti Swift with Car Spider's used car loan. Even with CIBIL 680, they got me approved at 11.5%. The whole process including RC transfer took just 5 days. Excellent!
👨
Suresh Patel
Businessman, Nashik
Used Car Loan — ₹3.2 Lakh

Get Your Car Loan Approved in 24 Hours

Fill the form and our car loan expert will call within 30 minutes with the best loan offer from 15+ banks — no obligation, completely free.

30-Minute Expert Callback

Our car loan specialist calls you back within 30 minutes during working hours.

Best Rate Guaranteed

We apply to 15+ banks and get you the lowest interest rate available today.

Dedicated Loan Manager

Your personal manager handles all paperwork, bank visits, and RC transfer.

RBI Registered
15+ Banks
4.9★ Rated
24-Hr Approval
Car Loan Application
Free Consultation — No Obligation
Our expert will call within 30 minutes with the best available offer
30-Min Callback
Zero Cost
Secure
No Spam
🚗
Application Submitted!

Your car loan inquiry has been received. Our specialist will call you within 30 minutes with the best available loan offer from 15+ banks.

Reference: CL-2025-XXXX

Car Loan FAQs

What is the minimum salary required for a car loan?
For a new car loan, most banks require a minimum monthly salary of ₹15,000–₹20,000. For used car loans, ₹12,000–₹15,000 may suffice. Self-employed persons need minimum ₹2 Lakh annual income through ITR.
Can I get a 100% car loan with zero down payment?
Yes! Many banks offer up to 100% on-road price financing for new cars for customers with CIBIL 750+ and good income. For used cars, maximum funding is 80–85% of assessed value.
What CIBIL score do I need for a car loan?
Most banks approve car loans for CIBIL 700 and above. A score of 750+ gets you the lowest rates. Scores between 650–700 are considered at slightly higher rates. Below 650 may require a co-applicant or guarantor.
Can a Pvt Ltd company apply for a car loan?
Yes! Pvt Ltd companies, LLPs, OPCs, and partnership firms can apply for car loans. The company needs minimum 3 years vintage, audited financials, GST registration, and board resolution authorizing the loan. Directors must also provide personal KYC. Fleet loans are also available for companies with multiple vehicles.
What documents does a fleet operator need?
Fleet operators need: business KYC (Aadhaar, PAN, GST, Trade Licence), 2-year ITR and audited financials, 12-month bank statements, existing vehicle RC and insurance copies, fitness certificates for commercial vehicles, and proforma invoices for new vehicles. If fleet is attached to a company (Flipkart, Amazon etc.), work orders also help approval.
How long does it take for car loan approval?
With Car Spider's help, most car loans are approved within 24–48 hours. Pre-approval in 2–4 hours for good profiles. Used car and balance transfer loans take 3–7 working days. Fleet/company loans may take 5–10 working days.
Can I transfer my existing car loan to a lower rate?
Yes! Car loan balance transfer allows you to shift outstanding balance to a bank offering lower rate. You need minimum 9 EMIs paid without default. Along with transfer, you can also get a top-up loan. Our team will calculate your savings before you decide.
Is car insurance mandatory with a car loan?
Yes, comprehensive car insurance is mandatory when taking a car loan. Banks require the hypothecated car to be insured. Car Spider can bundle your loan with best-in-class insurance — zero depreciation, cashless claims at 5000+ garages, and roadside assistance.

Ready to Drive Your Dream Car?

Get a free consultation and best car loan offer from 15+ banks in 30 minutes. No obligation. Completely free advice.

🚗
Car Loan Expert
Online Now
🚗 Hello! I'm your car loan expert. Ask me anything about new car, used car, top-up, balance transfer, fleet loans or company car loans!
New Car Rate Used Car Fleet Loan Documents