Highlights

• Repayment options range from 12 to 84 months.
• Borrow up to 3 times annual salary (for salaried professionals) and 6 times annual income (for self employed professionals).
• HDFC Bank account holders will get special rates
• Corporate salary account holders of HDFC Bank can get fast approvals on car loans with minimal documentation.
• For existing HDFC Bank Car Loan customer with a clear repayment of 12 months or more, the bank offers to top-up car loan to the extent of the original loan value.
• With HDFC Bank's Overdraft Against Car, you can get an overdraft against your car and utilise the money for your personal or business needs.

Features

Eligibility

Loan Amount

Loan Amount

Can borrow up to 3 times annual salary (for salaried professionals) and 6 times annual income (for self employed professionals).

Margin

Margin

Up to 80% of the value for used cars and up to 100% on select models of new cars

Repayment Period

Documents Required

Documents Required

• Proof of Identity:- Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible)
• Income Proof: - Latest salary slip with form 16.
• Address Proof: - Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.
• Bank Statement:- Not mandatory
  

HDFC Bank Products:

• HDFC Bank Personal Loan
• HDFC Bank Credit Card