Car Loan in Delhi
Looking for a car loan in Delhi? CarFinanceWala arranges fast, low-rate new and used car loans across all of Delhi — from South Delhi to West, East and North Delhi — with 10+ bank and NBFC partners.
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Free quote in Delhi
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Our services
Loans we arrange
Whatever your car financing need, we match you with the right lender.
Car Loan
New, used or refinance — compare 10+ banks for some of the lowest interest rates in the market and approval in 24-48 hours.
Learn moreNew Car Loan
New car loan in Delhi NCR at our lowest interest rates — up to near-full on-road funding, tenure up to 7 years, approval in 24-48 hours.
Learn moreUsed Car Loan
A used car loan finances the purchase of a pre-owned vehicle, typically covering most of the car's assessed valuation, at competitive interest rates.
Learn moreCar Refinance
Refinance your car loan in Delhi NCR to a noticeably lower rate — lower your EMI or unlock a top-up on your car's value.
Learn moreBalance Transfer
Shift your outstanding car loan balance to a lender offering a meaningfully lower rate and reduce your EMI.
Learn moreLoan Against Car
Unlock cash against your car's value in Delhi NCR at accessible interest rates — and keep driving it while you repay.
Learn moreCommercial Vehicle Loan
Finance trucks, vans, taxis and fleets in Delhi NCR at competitive rates with high funding.
Learn moreHow it works
From enquiry to approval in 4 steps
A simple, transparent process managed end to end by our team.
- 1
Share your requirement
Tell us the car, your budget and a few basic details — takes under a minute.
- 2
We compare lenders
We match your profile against 10+ banks and NBFCs to find the lowest EMI.
- 3
Submit documents
We guide you through KYC and income proof, then coordinate with the bank.
- 4
Get disbursed
Your loan is sanctioned and the amount is disbursed — usually in 24–48 hours.
Rates
Car loan interest rates in Delhi
Indicative starting rates from our partner lenders.
| Bank / Lender | Rate Tier | Max tenure | Funding |
|---|---|---|---|
 SBI | Lowest Rate | 7 yrs | High Funding |
 HDFC Bank | Very Competitive | 7 yrs | Maximum Funding* |
 ICICI Bank | Very Competitive | 7 yrs | Maximum Funding* |
 Axis Bank | Competitive | 7 yrs | High Funding |
 Kotak Mahindra | Competitive | 7 yrs | High Funding |
 Bajaj Finserv | Standard Rate | 7 yrs | High Funding |
- Lowest RateSBI
7 yrs • High Funding
- Very CompetitiveHDFC Bank
7 yrs • Maximum Funding*
- Very CompetitiveICICI Bank
7 yrs • Maximum Funding*
- CompetitiveAxis Bank
7 yrs • High Funding
- CompetitiveKotak Mahindra
7 yrs • High Funding
- Standard RateBajaj Finserv
7 yrs • High Funding
*Indicative rates for comparison only. Actual rate depends on your profile and lender approval.
FAQ
Car loan FAQs – Delhi
Most salaried and self-employed applicants aged 21–65 with regular income and a resident address in Delhi NCR are eligible. Exact criteria vary by lender — we match you to the one you qualify for.
Yes. We work with NBFC partners who consider low or limited credit histories. Terms may differ, but approvals are possible for first-time buyers and past rejections.
New car loans are currently priced at some of their most competitive levels, depending on the lender, your profile and the car segment. Used car loans carry noticeably higher rates. We compare 10+ lenders including SBI, HDFC, ICICI, Axis, Kotak, and Bajaj Finserv to find the lowest available rate.
Your income, credit score, employer/business profile, loan amount, tenure and the car segment all influence the rate offered.
Typically KYC (PAN & Aadhaar), address proof, income proof (salary slips or ITR), 6 months' bank statement and a photograph. Used cars also need the RC and valuation.
Ready to apply for a car loan in Delhi?
Get a free, no-obligation quote from 10+ banks in minutes.