Drive Your Dream Car Home – MortBuzz Makes It Easy
Find the best Car loan solutions tailored for you.
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🚗 Why Choose MortBuzz for Your Car Loan?
A car loan is a secured loan that helps you buy your dream car without straining your savings. Whether you’re purchasing a brand-new vehicle or a pre-owned one, MortBuzz ensures a smooth and affordable financing experience. With minimal documentation, flexible repayment options, and quick approval, your car ownership journey starts with ease. From first-time buyers to seasoned drivers upgrading their ride – MortBuzz Car Loans are designed to put you in the driver’s seat faster.
- 🚘 Attractive Interest Rates Starting at Just 8.20% p.a.*
- 💰 Finance Up to 100% of On-Road Price
- ⏱️ Quick Approvals Within 48 Hours
- 📑 Minimal Documentation Required
- 🔄 Flexible Repayment Tenure Up to 7 Years
- 🏠 Doorstep Service for Application & Documents
- 💸 Zero Hidden Charges & Transparent Process
🚗 Uses of a Car Loan
New Car Purchase
Buy your dream car with easy and affordable EMIs.
Used Car Purchase
Own a well-maintained pre-owned car with flexible financing options.
Car Loan Balance Transfer
Reduce your EMI burden by transferring your existing car loan to MortBuzz at lower interest rates.
Car Loan Eligibility Criteria
Salaried/Working Professional
Age: 21-60 Years
Min 3 Months’ Experience
Minimum ₹20,000 monthly net income
Ready to Start Your Journey?
Apply now and let MortBuzz Solutions Advisory guide you to the best Car loan options.
Apply for Home LoanDocumentation Required
Photo Identity Proof
- Voter ID
- Aadhaar Card
- Passport
- PAN Card
- Driving Licence
Proof of Residence
- Aadhaar Card
- Driving Licence
- Passport
- Registered Rent Agreement
- Latest Gas/Electricity Bill
- Bank Statement with Current Address
Income Proof
- Income Tax Returns (Last 3 Years)
- Business License Details
- Audited Balance Sheet & Profit/Loss (Last 3 Years)
- Business Address Proof
- 6-Month Bank Statements (Current & Savings)
- Copy of Form 16
- 6-Month Salary Account Statements
- Last 3 Months’ Salary Slips
Other Documents
- Allotment Letter
- Sale Deed
- No Objection Certificate (NOC)
- Allotment Letter from Society/Housing Board/Builder
- Stamped Agreement of Sale
- Possession Certificate
- Construction Cost Estimate
- Bank Payment Statement
- Occupancy Certificate
- Land Tax Receipt
Application Process
Step 1: Connect with Us
Explain your needs. We curate loan products most suitable for your profile.
Step 2: Compare Loan Products
We help you compare several home loan products so you can choose the best one.
Step 3: Apply Online
Pick a lender, apply online, and submit all necessary paperwork with our assistance.
Step 4: Application Processing
The lender verifies your documentation and processes the application.
Step 5: Receive Funds
Upon approval, the loan amount is credited directly to your account.
Car Loan Lowest Interest Rates
| Bank Name | Min. Rate of Interest (%) | Loan Amount | Loan Tenure | Processing Fees | Apply Now |
|---|---|---|---|---|---|
| GIC HFL | 8.10% | Rs. 10 LAKHS – 10CR | 5 years – 25 years | Rs. 2,500/- | Apply Now |
| Standard Chartered Bank | 8.40% | Rs. 10 LAKHS – 25CR | 5 years – 25 years | 1.00% | Apply Now |
| IDFC First Bank | 8.45% | Rs. 10 LAKHS – 25CR | 5 years – 25 years | 0.30% | Apply Now |
| Aditya Birla | 8.50% | Rs. 10 LAKHS – 10CR | 5 years – 25 years | 1.00% | Apply Now |
| Punjab National Bank | 8.55% | Rs. 10 LAKHS – 10CR | 5 years – 25 years | 0.35% (Max Rs. 15,000) | Apply Now |
| Axis Bank | 8.60% | Rs. 10 LAKHS – 25CR | 5 years – 25 years | Rs. 10,000/- | Apply Now |
| HDFC LTD | 8.60% | Rs. 10 LAKHS – 25CR | 5 years – 25 years | 0.50% or Rs. 3000 | Apply Now |
| Kotak Mahindra Bank | 8.65% | Rs. 10 LAKHS – 10CR | 5 years – 25 years | 0.50% | Apply Now |
| IDBI Bank | 8.75% | Rs. 10 LAKHS – 25CR | 5 years – 25 years | 0.50% | Apply Now |
| LIC Housing Finance | 8.90% | Rs. 10 LAKHS – 10CR | 5 years – 25 years | Rs. 10,000 – Rs. 15,000 | Apply Now |
| Tata Capital | 8.95% | Rs. 10 LAKHS – 25CR | 5 years – 25 years | 0.50% | Apply Now |
Processing Fee
Besides the 📄 Car Loan Processing Fee – What You Need to KnowIn addition to the interest rate, lenders charge a processing fee when you apply for a car loan. This fee covers administrative costs such as document verification, credit checks, and loan disbursement.
Typically, the processing fee for car loans ranges from 0.25% to 1% of the total loan amount. Some banks and NBFCs may charge a flat fee (e.g., ₹2,500 to ₹6,000), especially for used car loans. A GST of 18% is applicable on the fee.
At With MortBuzz Solutions Advisory:, We connect you with lenders offering minimal or zero processing fees Enjoy transparent charges and zero hidden costs Maximize your savings from day one
. Get Best OffersEMI Calculator
Before you apply for a home loan, it’s essential to ensure you can conveniently repay the EMIs. Manual calculations might seem easy but aren’t always accurate.
Use MortBuzz Solutions Home Loan Calculator online to get instant and accurate EMI estimations within seconds. Just input your Loan Amount, Interest Rate, and Loan Tenure to discover your monthly repayment obligation.
Try EMI Calculator
🏦 MortBuzz Mortgage Tools
EMI Calculator
Calculate your monthly payments and total interest costs.
Loan Compare
Find out best loan options using our comparison tool.
Check Eligibility
See how much loan amount you are eligible for.
Car Loan
Our New Service is Live With Low interest Rate Car Loan
🚗 MortBuzz Solutions Car Loan Balance Transfer
If you’re currently repaying a car loan at a high interest rate, it’s time to reduce your EMI burden with a Car Loan Balance Transfer. This facility allows you to shift your outstanding loan from your existing lender to a new one offering better terms — such as lower interest rates, flexible repayment options, and reduced monthly EMIs. Through MortBuzz, you can enjoy a seamless balance transfer process while unlocking additional benefits like top-up loans and zero hidden charges.
- ✅ Why Choose MortBuzz for Your Car Loan Balance Transfer?
- 🚘 Lower Interest Rates Starting from 8.25% p.a.*
- 🔄 Flexible Repayment Tenure up to 7 Years
- 💸 Reduced EMIs with Transparent Charges
- 📞 360-Degree Loan Assistance
- 🧾 Minimal Paperwork & Fast Processing
- 🏠 Doorstep Document Collection
Frequently Asked Questions
- Age
- Net Annual Income
- Type of Employment
- Resident type [Indian Citizen, PIO, NRI]
- Number of Co-applicants
- Credit Score
- Co-applicants’ Income
- Other ongoing loans (if any)