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Used Car Loans
FAQs
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Who can avail of HDFC Bank Used Car Loans?
Which cars can be financed?
How much finance can I avail of?
What are the tenure options?
How long will it take to process the loan?
If I don't have an account with HDFC Bank, can I still avail of loans?
Do I need a guarantor?
So how do I get an HDFC Bank Car Loan?




Who can avail of HDFC Bank Used Car Loans?
We offer Used 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
Please visit Eligibility & Documentation to know more.
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Which cars can be financed?
HDFC Bank finances most of the passenger cars manufactured by India's leading automobile co.s which includes vehicles like Maruti-800, Omni, Zen, WagonR, Esteem, Baleno, Tata Indica, Indigo, Tata Spacio, Honda City, Hyundai Santro, Getz and Accent, Ford Ikon, Toyota Corolla, Skoda Octavia etc.

So choose the car from the extensive list and apply online now.
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How much finance can I avail of?
You can borrow up to 80% of the invoice value.
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What are the tenure options?
The choice is with you. You can choose from any of the 5 well-placed repayment option of 12,24,36,48 or 60 months all specially designed to suit your requirements.
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How long will it take to process the loan?
Within 48 hours of completing documentation.
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If I don't have an account with HDFC Bank, can I still avail of loans?
Of course, you can get HDFC Bank Car Loans. You need not necessarily have an account with us.
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Do I need a guarantor?
Generally no. But if your income does not meet our credit criteria, then you may be required to have a guarantor to stand surety for your loan.
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So how do I get an HDFC Bank Car Loan?
  Applying for a Car Loan is very simple
    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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