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directions_car Car Loan

Drive Away Your
Dream Car Today

Finance your new or used car with India's most competitive rates. Up to 100% on-road price financing, all major brands covered, approval in as little as 24 hours.

100%
On-Road Financing
7.50%
Starting Rate p.a.
7 Yrs
Max Tenure
24 Hrs
Approval Time
Loan Options

New Car or Used Car — We Finance Both

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Brand New Car Financing

Get up to 100% of the on-road price financed for any new car from authorized dealerships. Zero down payment options available for select profiles.

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Financing

Up to 100% on-road

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Rate From

7.50% p.a.

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Tenure

Up to 7 years

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Approval

In 24 hours

  • check_circle All brands: Maruti, Hyundai, Tata, Honda, Toyota & more
  • check_circle No hidden charges on processing
  • check_circle Special rates for women applicants
  • check_circle Doorstep documentation service
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Pre-Owned Car Financing

Get up to 80% of the assessed value for certified pre-owned and second-hand cars. Verified vehicle history check included at no extra cost.

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Financing

Up to 80% value

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Rate From

9.00% p.a.

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Tenure

Up to 5 years

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Car Age

Up to 10 years old

  • check_circle Cars up to 10 years old eligible
  • check_circle RC transfer assistance provided
  • check_circle Free vehicle valuation service
  • check_circle Flexible down payment options

All Major Car Brands Financed

Maruti Suzuki
Hyundai
Tata Motors
Honda
Toyota
Mahindra
Kia
MG Motor
Volkswagen
Skoda
Ford
Renault
Benefits

Why Choose MoneyLelo Car Loan?

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Instant Approval

Digital KYC and instant credit decision in under 24 hours.

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Lowest Interest Rates

Car loan rates starting at just 7.50% p.a. from 30+ lenders.

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Minimal Documentation

Just Aadhaar, PAN, income proof & vehicle invoice. That's it.

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Doorstep Service

Our loan executive visits you for document collection & verification.

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Zero Foreclosure Charges

Pre-close your car loan anytime after 12 months with zero penalty.

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Flexible Tenure

Choose repayment from 12 to 84 months as per your comfort.

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Dedicated Loan Manager

A personal loan expert supports you from application to RC transfer.

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Special Offers

Exclusive deals on select car models with partner dealerships.

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Trusted by 1 Lakh+ Buyers

India's most trusted car loan platform with 98% satisfaction rate.

EMI Calculator

Calculate Your Car EMI

Enter your loan details and instantly see your monthly EMI, total interest and total payable amount.

Loan Amount ₹8,00,000
₹1L₹1 Cr
Tenure 48 months
1 yr7 yrs
Interest Rate (p.a.) 7.50%
7.50%17.99%

Your Monthly EMI

₹19,380

*Approximate. Final rate based on eligibility.

Total Interest

₹1,30,240

Total Payable

₹9,30,240

Principal vs Interest
Principal Interest
Apply for This Loan →
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Eligibility Criteria

  • check_circle Indian resident aged 21–65 years
  • check_circle Salaried: Minimum income ₹20,000/month
  • check_circle Self-employed: Min. ₹2.5 LPA (ITR filed)
  • check_circle Apply Without Any Minimum CIBIL Score Requirement
  • check_circle Minimum 1 year of employment / 2 years in business
  • check_circle Valid driving licence (preferred)
description

Documents Required

  • description Aadhaar Card & PAN Card (KYC)
  • description Last 3 months' salary slips or ITR
  • description Last 6 months' bank statement
  • description Car quotation / pro-forma invoice
  • description 2 passport-size photographs
  • description Existing loan statements (if any)
Process

Drive Home in 4 Easy Steps

From application to key handover — the entire process is fast, transparent and 100% digital.

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01

Apply Online

Fill a quick form with your basic details in under 5 minutes.

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02

Upload Documents

Submit digital copies of Aadhaar, PAN & income proof securely.

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03

Get Approved

Credit decision made in 24 hours. No branch visit needed.

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04

Drive Your Car

Loan disbursed to dealer. Collect your car from the showroom!

1L+

Cars Financed

₹500Cr+

Amount Disbursed

30+

Lending Partners

4.8★

Customer Rating

FAQs

Common Questions About Car Loans

Yes, eligible applicants with strong credit profiles (CIBIL 750+) and stable income can get up to 100% on-road price financing on select car models from our partner dealerships.

A minimum CIBIL score of 650 is required. However, a higher score (700+) helps you get lower interest rates. We also offer special schemes for first-time borrowers.

Absolutely. We finance pre-owned cars up to 10 years old at up to 80% of the assessed market value. The vehicle undergoes a free valuation by our empanelled experts.

For new cars, approval is typically completed within 4–24 hours. For used cars, it may take 2–3 working days including vehicle inspection and valuation.

After completing 12 EMIs, you can prepay your car loan partially or fully without any foreclosure charges. Within the first 12 months, a nominal charge of 2–4% applies.

Your Dream Car is One Step Away

Apply in 5 minutes. Get approved in 24 hours. Drive your new car home today. 100% digital. Zero paperwork. No branch visits.

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