Car Loan FAQs

To own a new car you have always dreamt of has become so easy with banks offering loans up to 100% of on-road cost on select models, and up to 90% of the ex-showroom price on others. Bank also give a flexibility in repayment options and tailor-make the loan to suit your needs. So a drive in your dream car is just a click away with minimal paper work and attractive interest rates.

New Car Loans to the following:

  • Salaried individuals in the age group of 21 to 60 years (at the end of the tenure)
  • Self-employed individuals in the age group of 21 to 65 years (at the end of the tenure)
  • Partnership Firms
  • Public & Private Ltd. companies
  • HUFs and Trusts

Most passenger cars and multi-utility vehicles manufactured by India's leading automobile companies.

You can borrow up to 90% of the invoice value. However, the minimum loan amount is Rs.50000.

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Hi, I am new to the Internet. I did not even know that one can apply for a loan through a third party website. Out of curiosity I applied for a home loan though and was really surprised at the good response and smooth process. I hope more and more people apply for a loan through Loanboss as it is easier and won't cause you the headache of approaching banks directly. Lesser number of Internet users in the country is a problem though.

I wish Loanboss the very best and thanks for helping me out!

- Sachin Gupta


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