Auto Loans in Pollachi & Udumalpet
Drive home your dream vehicle — car, two-wheeler or commercial vehicle — with a hassle-free auto loan. Guhan Capitals compares financing from top banks and NBFCs to get you the best on-road funding with minimal down payment.
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New car loan
Finance up to 100% of on-road price for new vehicles
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Used car loan
Buy a pre-owned car with financing up to 90% of value
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Two-wheeler loan
Two-wheelers financed at low EMIs, minimal documentation
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Commercial vehicle
Trucks, buses & commercial vehicles for business owners
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Car loan balance transfer
Move your existing auto loan to a lender with lower rates
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Car loan top-up
Additional funds over your existing car loan
Frequently asked questions
Q: How much down payment do I need for a car loan?
For new cars, banks typically fund 80–100% of the on-road price. For used cars, the funding is 70–90% of the assessed value. Some lenders offer zero down payment schemes for eligible borrowers.
Q: Is the car loan interest rate fixed or floating?
Most auto loans have a fixed interest rate throughout the tenure, making EMIs predictable. Some lenders offer floating rates linked to the repo rate.
Q: Can I foreclose my car loan early?
Yes. Most banks allow foreclosure after 6–12 EMIs. A foreclosure charge of 2–5% on the outstanding principal may apply. Check the terms before prepaying.
Q: What is the maximum tenure for a car loan?
Most banks offer car loans for up to 7 years (84 months). Longer tenure reduces your EMI but increases total interest paid.