Car Loan
Drive Your Dream Car with a Hassle-Free Car Loan | DigitalLoanDost
What is a Car Loan?
A car loan is a financial service that helps you purchase a new or used vehicle without needing to pay the entire amount upfront. Instead, you borrow a certain amount from a lender and repay it over time with interest. Car loans in India have become more accessible and faster due to digital processing, paperless approvals, and flexible EMI options.
Why Choose DigitalLoanDost for Your Car Loan?
At DigitalLoanDost, we simplify your journey from choosing your dream car to driving it home. With minimal documentation, fast disbursals, and personalized interest rates, we offer one of the best car loan options in India today.
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Instant Online Approval
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Flexible Repayment Tenure (up to 7 years)
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Low Interest Rates starting from 7.25%*
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Loans available for salaried and self-employed
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100% On-Road Funding Available
Trending Car Loan Features in India
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Zero down payment options now available from leading lenders.
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EV Car Loans are gaining popularity with lower interest rates and green incentives.
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Digital KYC and paperless loan processing have reduced approval time to less than 24 hours.
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Used car loan financing has surged by 37% YoY, showing high demand in Tier 2 & 3 cities.
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Flexible step-up EMI plans and pre-approved offers for salaried professionals.
Types of Car Loans We Offer at DigitalLoanDost
🚗 New Car Loan
Get financing for the latest models with up to 100% on-road price funding, attractive interest rates, and flexible EMI options.
🚘 Used Car Loan (Pre-Owned Car Loan)
Planning to buy a second-hand car? Our used car loans come with quick approvals, transparent processing, and up to 90% vehicle value funding.
⚡ Electric Vehicle (EV) Car Loan
Support green mobility with our low-interest EV loans. Enjoy exclusive offers, longer repayment tenures, and special benefits for electric vehicles.
🔁 Car Loan Refinance / Balance Transfer
Already have a car loan? Transfer your existing car loan to us for a lower interest rate, better terms, or to top up your loan amount.
Types of Car Loans We Offer at DigitalLoanDost
Salaried Individuals:
- Age: 21–60 years
- Monthly Income: ₹25,000+ (metro cities)
- Stable job with 1+ year experience
- CIBIL Score: 700+
Self-Employed/Business Owners:
- Age: 21–65 years
- Business vintage: 2+ years
- Must show ITR & bank statements
- CIBIL Score: 700+
Other Basics:
- Indian Resident with valid KYC
- Good repayment history
Tip: A clean credit record & steady income boost approval chances!
Documents Required for Car Loan
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PAN Card & Aadhaar Card
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Income proof (Salary Slip / ITR)
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Address proof
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Bank Statement (Last 6 Months)
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Vehicle quotation from the dealer
How to Apply for a Car Loan
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Visit our Website – Go to www.digitalloandost.com
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Choose Car Loan – Select your preferred loan type and click "Apply Now"
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Fill the Form – Enter basic details like name, income, vehicle type, etc.
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Upload Documents – PAN, Aadhaar, salary slips/ITR, bank statements
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Get Approval – Our team verifies your profile and offers the best deal
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Disbursal – Once approved, the loan is credited directly to your account or car dealer
Frequently Asked Questions
What is the current interest rate on car loans in India?
Interest rates in 2025 start as low as 7.25% p.a. for new cars. However, it varies depending on the lender, vehicle type, and your credit profile.
How much loan can I get to buy a car?
You can get up to 100% of the on-road price of the car, based on your income and credit score.
What is the repayment period for a car loan?
Typically, repayment tenure ranges from 12 to 84 months depending on the loan amount and EMI flexibility.
Are there any special car loans for electric vehicles (EVs)?
Yes, many banks now provide green car loans with discounted interest rates and faster approvals for electric vehicles.