For More Enquiry
For More Enquiry
+91 75750 51880
AutoBillClub Finance
Finance Your
Dream Car
Today
Get competitive car loan rates, flexible repayment terms, and same-day approval - whether you're buying a new car or a used one. Drive home without the wait.
7.5%
Interest Rate
Starting At
Starting At
100%
On-Road Price
Financing
Financing
7 Yrs
Maximum Loan
Tenure
Tenure
24 Hr
Fast Loan
Approval
Approval
50,000+
Cars Financed
15+
Lending Partners
₹1 Crore
Maximum Loan Amount
98%
Customer Satisfaction
0%
Credit Score Impact on Check
Why Us
Why Choose AutoBillClub Finance?
We've designed every step of the car financing process to be fast, transparent, and stress-free.
Lowest Interest Rates
Access competitive rates starting at 7.5% p.a. across our 15+ trusted banking and NBFC partners - saving you thousands over your loan tenure.
Same-Day Approval
Get your loan approved within 24 hours. Our digital-first process means no long queues, no paperwork delays - just fast, hassle-free decisions.
100% Digital Process
Apply online, upload documents from your phone, and get approvals via email and SMS. The entire journey from application to disbursal is paperless.
Zero Foreclosure Charges
Want to pay off your loan early? With select partners, you can close your loan without paying any extra penalties - giving you total financial freedom.
Soft Credit Check
Check your loan eligibility and explore options without worrying - our initial eligibility check does not impact your CIBIL or credit score.
For Everyone
Whether you're salaried, self-employed, or a business owner - our loan solutions are tailored to match your income profile and financial goals.
Simple Process
Get Your Loan in 4 Easy Steps
From application to driving away - our streamlined process gets you on the road as fast as possible.
1
Check Eligibility
Fill in a short online form with your basic details - income, age, and employment type - to instantly see your loan eligibility and estimated amount.
2
Compare & Choose
Browse personalised offers from multiple lenders side by side. Compare interest rates, EMIs, and tenure to pick the deal that works best for you.
3
Upload Documents
Submit your KYC and income documents securely online. No branch visits needed - just clear photos of your documents are all it takes.
4
Get Funded
Once approved, the loan amount is disbursed directly to the seller. Pick up your car and hit the road - it's that straightforward!
EMI Calculator
Smart Car Loan EMI Calculator
Plan your monthly budget in seconds. Adjust loan amount, interest rate, and tenure to see your estimated EMI - the same way India's leading lenders calculate it.
Loan Amount
₹
₹1 Lakh
₹10 Crore
Interest Rate (p.a.)
%
7.5%
24%
Loan Tenure (Months)
12 Months
360 Months (30 Yrs)
Your Monthly EMI
₹21,002
per month for 5 years (60 EMIs)
Principal Amount
₹10,00,000
Total Interest Payable
₹2,60,112
Total Amount Payable
₹12,60,112
*Indicative EMI based on reducing balance method. Actual rate and EMI depend on lender, credit profile, car type (new/used), and processing fees. Checking eligibility with AutoBillClub does not impact your CIBIL score.
Eligibility
Who Can Apply & What You'll Need
Our car loans are open to a wide range of applicants. Here's a quick checklist.
Eligibility Criteria
Age Requirement
21 to 65 years of age at the time of loan application.
Employment Type
Salaried employees, self-employed individuals, business owners, and pensioners are all eligible.
Minimum Income
Minimum monthly income of ₹15,000 (or equivalent). Higher income improves your loan eligibility.
Credit Score
A credit score of 650+ is preferred. Higher scores unlock better interest rates and terms.
Work Experience
Minimum 1–2 years of employment or business operation history.
Documents Required
Identity Proof (any one)
- PAN Card (mandatory)
- Aadhaar Card / Passport
- Driver's License / Voter ID
Address Proof (any one)
- Aadhaar Card / Passport
- Utility Bill (electricity, water)
- Notarised Rent Agreement
Income Proof
- Last 6 months' bank statement
- Latest 3 months' salary slips (salaried)
- ITR / business proof (self-employed)
Vehicle Documents
- Registration Certificate (RC)
- Vehicle insurance copy
- Sale agreement / proforma invoice
At a Glance
Car Loan Quick Reference
A clear overview of the key parameters for our car loan products.
Parameter
New Car Loan
Used Car Loan
Loan Amount
₹1 Lakh – ₹1 Crore
₹1 Lakh – ₹50 Lakh
Interest Rate (p.a.)
7.5% – 12.5% Lowest
9% – 18%
Loan Tenure
1 – 7 Years
1 – 5 Years
Financing
Up to 100% on-road price
Up to 90% of car value
Processing Fee
0.5% – 2% of loan amount
1% – 2.5% of loan amount
Approval Time
Same day – 24 hours
24 – 48 hours
Prepayment
Allowed (charges may apply)
Allowed (charges may apply)
Credit Score Needed
700+ preferred
650+ preferred
Our Partners
100+ Banking & NBFC Partners
Explore our network of top banks and NBFCs - compare car loan offers from trusted lenders across India, all in one place.
And Many More...
FAQs
Frequently Asked Questions
Got questions? We've answered the most common ones below.
A car loan is a secured loan where the vehicle you're buying acts as collateral. You borrow a set amount from a lender, pay it back in fixed monthly instalments (EMIs) over an agreed tenure, along with interest. Once the loan is fully repaid, you own the car outright.
For new cars, you can get up to 100% of the on-road price financed, subject to your credit profile. For used cars, lenders typically finance up to 85–90% of the assessed value. Loan amounts generally range from ₹1 Lakh up to ₹1 Crore depending on the lender.
No. Our initial eligibility check is a soft inquiry and does not impact your credit score in any way. Only after you formally apply and a lender pulls your full credit report will a hard inquiry occur.
For new car loans, a CIBIL score of 700+ is preferred. For used car loans, 650+ is generally acceptable. A higher score helps you secure a lower interest rate. If your score is below this, you may still qualify through certain NBFCs - speak to our team for tailored options.
Yes, prepayment is allowed. Some lenders offer zero foreclosure charges after a minimum lock-in period (typically 6–12 months). Partial prepayments are also accepted and can significantly reduce your total interest outgo.
Most loan approvals happen within 24 hours of document submission. Disbursal - where the funds are transferred to the seller - is typically completed within 1–3 business days following approval.
Yes. Adding a co-applicant (spouse, parent, or sibling) can increase your loan eligibility and may help you secure a better interest rate, as both income profiles are considered by the lender.
For salaried employees, car loans generally do not offer direct tax benefits for personal use. However, self-employed individuals and business owners can claim the interest paid as a business expense if the vehicle is used for business purposes.