Features & Benefits

• Choose any car manufactured in India within a certain age*.
• Borrow up to 80% of the value of the car.
• Flexible repayment options, ranging from 12 to 60 months.
• Borrow up to 3 times your annual salary (for salaried professionals) and 6 times your annual income (for self employed professionals)**.
• Available for almost all car models at attractive interest rates.
• Repay with easy EMIs.
• Attractive car loan plans – To Fastrack your loan, just choose the plan that is right for you.
• Additional loan on existing loan – If you are a existing HDFC Bank Auto loan customer with a clear track record of 12 months or more, then you can get an additional loan to the extent of your existing loan amount at attractive rate of interest.

Eligibility Criteria

• Minimum age of Applicant : 21 years
• Maximum age of Applicant at loan maturity : 65 years
• Minimum employment : Atleast 3 years
• Minimum Annual Income : 60000
• Telephone: Necessary at residence

Documents required:

• Age Proof: Any one of Passport copy, PAN Card, Voters ID card, Photo driving licence with birth date ( laminated, recent , legible), Photo ration card with DOB, Employer certificate/ID, School/College Leaving certificate.
• Proof of Identity: Any one of Passport copy, PAN Card, Voters ID card, Photo driving licence with birth date ( laminated, recent , legible), Photo ration card with DOB.
• Income Proof: Latest ITR / Previous ITR with Adv. Tax paid challan / latest IT asessment order.
• Address Proof: Any one of Photo Ration card with DOB, Photo Driving licence with DOB, Passport copy, Telephone bill, Electricity bill, Credit Card statement with credit card copy, Employer certificate/ID.
• Sign Verification Proof: Any one of Passport copy, Photo driving licence with birth date (laminated, recent , legible), Credit Card statement with credit card copy, Banker’s verification, Copy of margin money paid to bank.

HDFC Bank Car Loans help you realize your dream of owning a car of your own. HDFC Car Loans are available for both new cars as well as used cars.

For New Cars HDFC  Bank offers loan amount Up to 100% of the ‘on road’ cost on few selected car models and a loan of up to 95 % on the ‘ex-showroom price’ with a minimum loan amount limit of Rs. 1,00,000.

For Used Cars HDFC bank offers loan amount Up to 90% of the valuation amount of the car with a minimum loan amount limit of Rs. 75,000.

The minimum age for applying HDFC Car Loan is 21 and the maximum age at the time of maturity of the loan is 60 years for salaried individuals and 65 years for self-employed.

HDFC Bank offers various channels to apply for a car loan.You can either apply the car loan online through their official website or by calling HDFC Bank Customer Care to meet an HDFC representative or you can also visit your nearest HDFC Bank branch or SMS the car loan request to HDFC Bank.