Chidnavee Financial Services

Car Loan:

As the name suggests, a car loan can be availed to purchase a brand-new car of your preferred brand. You can avail car finance up to 80-90% (variable) of its on-road price, while the remaining amount needs to be paid as a down payment. The loan amount has to be repaid in EMIs throughout the loan tenure. Usually, a car loan comes with a repayment tenure of 7 years. However, you have the option to choose a tenure as per your convenience. Muthoot Finance gives the option to apply for a car loan online as well.

Two-Wheeler Loan:

A two-wheeler loan helps you arrange the required funds for any type of two-wheeler vehicle (including geared motorcycles and non-geared scooters). Also commonly known as a bike loan, this financing option allows you to avail a loan for up to 100% (conditions applicable) of the on-road price of the vehicle. Similar to a car loan, you can apply online to avail a two-wheeler loan as well.

Used Car Loan:

Also known as a second-hand car loan, this car finance option helps you buy a pre-owned vehicle without having to make the complete payment at the time of purchase. You can avail a loan up to 75% (again, variable) of the final value of the car.

Get the Best Car Loan that suits your lifestyle:

The Best Car Loan may not necessarily be the cheapest car loan in the market. There are several important factors that should be considered before choosing the car / vehicle / auto loan that is right for you.

Features & Benefits of the Best Car Loan:

The following are some of the criteria considered by our car loan experts to qualify for the Best Car Loan, after comparing car loan features offered by various banks and NBFCs:

1. Streamlined loan processing
2. Flexible Tenure policy- A loan tenure of Upto 7 years
3. Attractive Interest rates
4. Multiple Payment Options
5. Collateral Free Car Loan
6. Upto 100% funding available for new cars
7. Upto 85% funding available for used cars
8. Minimal Documentation