Drive Your Dream Car with a Four-Wheeler Loan

Owning a four-wheeler is not just a luxury—it’s a necessity that brings comfort, freedom, and convenience to your everyday life. Whether you’re upgrading your family vehicle, buying your first car, or investing in a utility vehicle for work, a Four-Wheeler Loan helps you turn that goal into reality without a financial burden.

With attractive interest rates, flexible EMIs, and quick disbursal, a four-wheeler loan is designed to suit every budget and lifestyle. Say goodbye to long waits and heavy down payments—drive home your dream car with simple financing.

Secure Four-Wheeler Loan up to ₹50 Lakhs

  • Minimal documentation
  • Flexible tenure up to 60 months
  • Loan amount of up to ₹ 50 lakh
  • Attractive interest rates starting @ 1%

Four-Wheeler Loan EMI Calculator

Amount must be between ₹50K and ₹50L.
9.50%
12 Months
Monthly EMI
0
Total Interest Payable
0
Principal Amount
0
Total Amount Payable
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what-is-a-four-wheeler-loan

What is a Four-Wheeler Loan?

A four-wheeler loan is a secured loan offered by banks, NBFCs, and cooperative societies to help individuals purchase new or pre-owned cars. These loans typically cover up to 90%-100% of the on-road price and come with easy repayment tenures of up to 7 years.

Designed for salaried professionals, self-employed individuals, and business owners, a four-wheeler loan provides financial flexibility while ensuring that you remain in control of your vehicle ownership journey.

Low Down Payment

Finance up to 100% of the car’s value based on eligibility and profile.

Affordable Interest Rates

Choose from competitive interest rates starting as low as 7.5% p.a.

Flexible Repayment Options

Enjoy customized EMI plans with repayment tenure from 12 to 84 months.

Quick and Easy Processing

Fast loan approvals and disbursals with minimal paperwork.

New & Pre-Owned Cars

Apply for a loan on brand-new cars or certified used vehicles.

No Income Proof Options

Loans available with alternate docs for rural or self-employed.

Who Can Apply?

  • Salaried employees with a stable income
  • Self-employed professionals and business owners
  • Farmers and rural residents (with alternative income verification)
  • First-time borrowers with co-applicants
  • Existing vehicle owners upgrading their car

Required Documents

  • Identity Proof (Aadhar, PAN, Passport, etc.)
  • Address Proof (Utility bills, Rent agreement, etc.)
  • Income Proof (Salary slip, Bank statements, ITR)
  • Vehicle Quotation from Dealer
  • Passport-sized photographs
  • Business proof (for self-employed applicants)
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Loan Features at a Glance

Do’s and Don’ts of a Four-Wheeler Loan
Do’s
  • Compare loan offers from different providers before deciding
  • Maintain a good credit score for better interest rates
  • Ensure timely EMI payments to avoid penalties
  • Understand processing fees, foreclosure charges, and other terms
  • Opt for loan protection insurance if available
Don’ts
  • Don’t skip reading the fine print in the agreement
  • Don’t default on existing loans when applying for a new one
  • Don’t borrow beyond your repayment capacity
  • Don’t rely solely on verbal promises—get everything in writing
  • Don’t delay submitting required documents for faster approval

Best Use Cases

  • Daily city commute
  • Long-distance family travel
  • Business logistics and travel
  • Safe transportation for senior citizens and children
  • Travel comfort during bad weather or emergencies

Application Submission

Application Submission

Fill out the form online or visit a branch with basic details.
document-verification

Document Verification

Document Verification

Submit your KYC and income documents along with a car quotation.
loan-processing-1

Loan Processing

Loan Processing

The lender evaluates your creditworthiness and vehicle details.

Approval & Disbursal

Approval & Disbursal

Receive loan approval and funds disbursed directly to the car dealer.

Vehicle Delivery

Vehicle Delivery

Take delivery of your brand-new or pre-owned vehicle.

Repay Monthly EMIs

Repay Monthly EMIs

Repay in easy monthly installments as per the chosen tenure.
Application Submission

Application Submission

Application Submission

Fill out the form online or visit a branch with basic details.
Document Verification

Document Verification

Document Verification

Submit your KYC and income documents along with a car quotation.
Loan Processing

Loan Processing

Loan Processing

The lender evaluates your creditworthiness and vehicle details.
Approval & Disbursal

Approval & Disbursal

Approval & Disbursal

Receive loan approval and funds disbursed directly to the car dealer.
Vehicle Delivery

Vehicle Delivery

Vehicle Delivery

Take delivery of your brand-new or pre-owned vehicle.
Repay Monthly EMIs

Repay Monthly EMIs

Repay Monthly EMIs

Repay in easy monthly installments as per the chosen tenure.
Application Submission

Application Submission

Application Submission

Fill out the form online or visit a branch with basic details.
Document Verification

Document Verification

Document Verification

Submit your KYC and income documents along with a car quotation.
Loan Processing

Loan Processing

Loan Processing

The lender evaluates your creditworthiness and vehicle details.
Approval & Disbursal

Approval & Disbursal

Approval & Disbursal

Receive loan approval and funds disbursed directly to the car dealer.
Vehicle Delivery

Vehicle Delivery

Vehicle Delivery

Take delivery of your brand-new or pre-owned vehicle.
Repay Monthly EMIs

Repay Monthly EMIs

Repay Monthly EMIs

Repay in easy monthly installments as per the chosen tenure.
Application Submission

Application Submission

Application Submission

Fill out the form online or visit a branch with basic details.
Document Verification

Document Verification

Document Verification

Submit your KYC and income documents along with a car quotation.
Loan Processing

Loan Processing

Loan Processing

The lender evaluates your creditworthiness and vehicle details.
Approval & Disbursal

Approval & Disbursal

Approval & Disbursal

Receive loan approval and funds disbursed directly to the car dealer.
Vehicle Delivery

Vehicle Delivery

Vehicle Delivery

Take delivery of your brand-new or pre-owned vehicle.
Repay Monthly EMIs

Repay Monthly EMIs

Repay Monthly EMIs

Repay in easy monthly installments as per the chosen tenure.