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The world over, the automobile industry and the auto finance sector have traditionally shared a symbiotic relationship. In India, this relationship has come into its own over the last decade and a half. In fact, the post liberalisation era has seen the Auto Finance sector in India emerge as an integral entity of this multi-million dollar industry.
Banks and Financial Institutions
1. ICICI
The Industrial Credit and Investment Corporation of India has some of the best schemes if you are thinking of buying a car. It offers loans at competitive prices, without complex procedures to follow, and gives you a variety of payment schemes to choose from.
ICICI finances a whole range of cars that include all from the Maruti stable, those from Fiat, the Santro, Contessa, Honda City, Nexia, Lancer, Opel, Ford etc.
For further information contact us.
2. HDFC BANK LTD.
The Housing Development and Finance Corporation is one of the most sought after banks as far as personal finance is concerned. It has achieved this in a large measure by simplifying the procedures associated with taking a loan. It involves easy documentation, accelerated approvals, easy EMI etc. The HDFC Bank finances a range of passenger cars manufactured by India's leading automobile companies.
HDFC Bank Dream Schemes
*Advantage Platinum, this is the express approval scheme for select credit card holders,
*100 % Fixed Deposit Lien Loan plan where you get the full loan amount with the required margin placed as a fixed deposit in HDFC Bank.
*No Documents Loan Plan which as the name suggests, removes all income document requirements
For further information contact us.
3. Citibank
Citibank is one of the world’s largest consumer banks. In India, Citibank has been the pioneer and leader in consumer banking for over 12 years. Citibank pioneered car financing in India in Aug 86 and has been the market leader since its inception.
Loan Instalments / Calculator for a Used Car
We offer you competitive and attractive interest rates with no hidden costs.
The installments given below are for a loan amount of Rs.1 lakh (valid only for a Used car loan. Not for a new car loan
Particulars Tenor=12 months Tenor=24 months Tenor=36 months
Monthly Installment - customer without Citibank relationship 9287 5114 3742
Monthly Installment - customer with Citibank relationship 9240 5065 3691

For further information contact us.
Interest rates are subject to change without prior notice.

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