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Car Loan

Drive Home Your
Dream Car Today

Get up to 100% on-road financing for new and used cars. Lowest interest rates starting at 8.50% p.a. with same-day approval.

From 8.50% p.a.
Up to ₹1 Crore
100% Financing
Same-Day Approval
₹1 Crore
Max Amount
8.50%+
Interest Rate
84 Months
Max Tenure
100%
Max LTV

Why OwnPaisa Car Loans?

The smartest way to finance your next vehicle

Same-Day Approval

Our AI engine processes your application and delivers a loan decision in minutes — not days.

100% On-Road Financing

Cover the full on-road price including registration, insurance, and accessories in one loan.

Flexible Repayment

Choose tenures from 12 to 84 months. Foreclose anytime after 6 EMIs with zero penalty.

New & Used Cars

Finance brand-new vehicles or quality used cars (up to 5 years old) at equally competitive rates.

Transparent Pricing

Full cost breakup before you sign — no hidden charges, no surprises at the showroom.

Doorstep Service

Our loan officer comes to you. Document pickup, verification, and support at your convenience.

New Car vs Used Car Loan

New Car Loan

  • Up to 100% on-road financing
  • Rate from 8.50% p.a.
  • Tenure up to 84 months
  • All makes and models covered

Used Car Loan

  • Up to 85% of market value
  • Rate from 9.50% p.a.
  • Cars up to 5 years old
  • Quick valuation process
8.50% p.a.Trusted by 50,000+ car buyers

Eligibility Criteria

Indian citizen aged 21–65 years
Salaried with minimum ₹20,000/month or self-employed with ₹2.5L+ annual income
Minimum CIBIL score of 700
Minimum 1 year of current employment / 2 years in business
Active bank account in India

Documents Required

1
PAN Card (mandatory)
2
Aadhaar Card or Passport (identity + address proof)
3
Last 3 months salary slips or ITR
4
Last 6 months bank statement
5
Vehicle proforma invoice (for new car) / RC book (for used car)
6
Passport-size photograph

Frequently Asked Questions

Ready to hit the road?

Apply for your car loan today. Same-day approval, 100% online, zero hassle.