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New Car Loans
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New Car Loans
Fastrack your loan with our attractive car loan plans
Auto Loan Takeover Plan
If you are a salaried individual holding any of the credit cards mentioned below, your loan gets processed faster.

Requirements:
  • Facility is available to only HDFC bank account holders (CASA).
  • All terms and conditions applicable for the used car product are applicable for the Loan take over product.
  • Minimum 9 month old loan with any approved Financier with clear repayment track record


Advantage platinum Credit Card Plan
If you are a salaried individual holding any of the credit cards mentioned below, your loan gets processed faster.
HDFC Bank International Credit Card
Citibank Gold
Citibank Diners
HSBC Gold
ANZ Grindlays Gold
American Express Gold Card
American Express Charge Card
Standard Chartered Gold

Requirements:
  • Your card has to be atleast one year old.
  • You need to submit the last two billing statements.
  • Small cars, normal funding up to three years.
  • Funding on premium cars restricted to 70% under this plan.
  • The plan does not include multi-utility vehicles.
Contract copy and salary slip of NRI.
Endorsement on passport for last 3 years.
Proof of ownership of property.
Post-dated cheques must be from the resident account of the borrower.

No Income-Document Loan Plan
Now, you can get a car loan without proof of income.
Under this scheme, you get the loan amount up to 60% of the car invoice value.
The tenure of loan can be a maximum of 3 years.

100% Loan Plan with Fixed Deposit Lien
This allows you to take a loan against your deposit at HDFC Bank.
You can get a loan for 100% of the invoice value amount with the required margin placed as a fixed deposit in HDFC Bank.
Lien is marked on the specified deposit. Installments can be paid separately or out of the deposit (if deposit is large enough).

NRI Loans
NRIs can avail of new car loans from HDFC Bank for the use of the vehicles by their relatives in India. Additional documents required are as follows :
Contract copy and salary slip of NRI.
Endorsement on passport for last 3 years.
Proof of ownership of property.
Post-dated cheques must be from the resident account of the borrower.

Past re-payment history
Plan for customers who have taken a car loan and have repaid that loan fully without any outstandings.
Credit approval on the basis of past re-payment record.

Approval Plan
If you have an HDFC Bank Preferred Account or a Corporate Salary Account with HDFC Bank for more than six months, you can get fast approvals on your loans with minimal documentation

  Apply Now
    Just fill the Online Application Form and our representative will get in touch     with you shortly.

    Other Ways to apply :     *Conditions Apply

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