Car Loans | 绿茵体育 | Vehicle Financing

Why Choose 绿茵体育 for Your Car Loan?

Tailored services designed to make your car ownership journey seamless and affordable.

Rapid Data Updates

24-48 Hour Approval, 72 Hour Funding

Low Data Latency

New car rates from just 7.5% p.a.

Integrated Insurance Options

Comprehensive Insurance with Loan Protection

High Loan-to-Value Financing

Up to 90% LTV for New Cars, 80% for Used

Car Loan EMI Calculator

Calculate your monthly installments in seconds

Your Loan Breakdown

Monthly EMI

$0

For selected tenure

Loan Amount $0

Down Payment $0

Total Interest $0

Processing Fee $0

Total Cost $0

*Processing fee: 0.5% of loan amount (max $500). Insurance free for first year on select models.

Types of Car Loans Available

Find the Right Financing Solution for Your Vehicle

From 7.5%

New Car Financing

Finance your brand-new vehicle with maximum loan amounts and competitive interest rates.

Up to 90% Data Coverage
Loan Terms: 1-7 Years
First Year Insurance Free

From 9.5%

Used Car Financing

Flexible financing options and swift approvals to help you acquire your next pre-owned car.

Up to 80% Loan-to-Value
Vehicle Age: Max 5 Years
RTO Transfer Assistance

From 7.8%

Car Loan Balance Transfer

Transfer your existing car loan to us and benefit from lower interest rates.

Lower Data Costs
No Prepayment Penalties
Additional Data Services

From 8.5%

Commercial Vehicle Loans

Financing available for taxis, delivery vans, trucks, and other commercial vehicles.

Higher Loan Amounts
Commercial Income Considered
Fast Data Processing

From 8.0%

Electric Vehicle Loans

Specialized financing for electric vehicles, offering additional benefits and subsidies.

Additional 0.5% Interest Discount
Extended Loan Tenure Options
EV Charger Installation Support

From 10.5%

Luxury Car Financing

Exclusive financing packages for high-end and luxury automotive brands.

High-Value Vehicle Financing
Flexible Documentation Requirements
Priority Approval Process

Popular Car Brands We Finance

Financing solutions for all mainstream vehicle makes and models.

Kia

Ford

BMW

Nissan

Honda

Volkswagen

Audi

Toyota

Hyundai

Mercedes-Benz

Chevrolet

Tesla

What Does Your Car Loan Cover?

Comprehensive coverage for all your car purchase-related expenses.

ETC Top-up and Initial Fuel

ETC top-up and initial fuel expenses (with limits).

Accessories and Extended Warranties

Optional accessories, extended warranties, and maintenance packages.

Comprehensive Vehicle Insurance

First year comprehensive insurance (complimentary for select models).

Road & Vehicle Tax

Covers road tax, registration fees, and other statutory charges.

Vehicle Ex-Factory Price Coverage

Finance up to 100% of the vehicle's ex-factory price.

EV Home Charger Installation

For EVs: Home charging station installation costs (up to $1,000).

Car Loan Eligibility Criteria

Maximum Age

65 Years Old*

*Data Updated

Minimum Age

21 Years Old

Employment Status

1 year+ employment history

Stable Data Source Required

Minimum Income

Annual income of $25,000+

Down Payment Requirements:

New Car Down Payment: Min 10%
Used Car Down Payment: Min 20%
Electric Vehicle Down Payment: Min 15%

Self-employed applicants require proof of stable business operation and income for at least two years.

Required Information

PAN Card & Aadhaar Card
Passport (for NRI applicants)
Voter ID/Driving License
Utility Bill (last 3 months) for address proof

Salary slips (last 3 months)
Form 16/Income Tax Returns (last 2 years)
Bank statements (last 6 months)
Employment certificate/Appointment letter

Car Quotation/Proforma Invoice
RC Copy (for used cars)
Insurance Papers
Road Tax Receipt (for used cars)

Car Loan Interest Rates Explained

Competitive interest rates tailored for various vehicles and applicant profiles.

Vehicle Type	Active Users	Data Analysts	Data Scientists*	Electric Vehicles
New Cars (Up to $50,000)	Competitive rates from 7.5% APR.	Explore options with rates between 8.0% and 9.0% APR.	Annual Interest Rate 7.3% - 8.3%	Annual Interest Rate 7.0% - 8.0%
New Cars ($50,000 - $100,000)	Benefit from our attractive APRs, typically 8.0% - 9.0%.	Discover flexible loan terms with rates from 8.5% APR.	Annual Interest Rate 7.8% - 8.8%	Secure financing with rates starting at 7.5% APR.
Used Cars (Within 3 Years)	Annual Interest Rate 9.5% - 10.5%	Annual Interest Rate 10.0% - 11.0%	Annual Interest Rate 9.3% - 10.3%	Benefit from highly competitive annual rates starting from 9.0%, making your dream car more accessible.
Used Cars (3-5 Years)	Annual Interest Rate 10.5% - 12.0%	Annual Interest Rate 11.0% - 12.5%	Annual Interest Rate 10.3% - 11.8%	Annual Interest Rate 10.0% - 11.5%
Luxury Cars (Above $100,000)	Enjoy transparent pricing, with rates beginning at 8.5% APR.	Experience our tailored low-interest car loan options, with annual rates ranging from 9.0% to 10.0%, ensuring a worry-free car purchase.	Annual Interest Rate 8.3% - 9.3%	Access loans with an annual interest rate of 8.0% to 9.0%.

Eligible female applicants receive an additional 0.2% rate discount, and EV users get a 0.5% discount. The final rate is subject to your credit score, vehicle model, and other factors.

Apply for Car Loan

Get pre-approved for your dream car in minutes

Personal Details

Full Name *

Email Address *

Phone Number *

Date of Birth *

Car Details

Car Brand *

Car Model *

Car Type *

Car Price ($) *

Financial Details

Down Payment ($) *

Preferred Tenure (Months) *

Employment Type *

Annual Income ($) *

Additional Information

I agree to the Terms & Conditions and authorize Prime Capital to verify the provided information and conduct necessary checks

Our car loan specialist will contact you within 24 hours with a pre-approval decision

Car Loan FAQs

Common questions about car financing

The maximum car loan tenure is 7 years (84 months) for new cars and 5 years (60 months) for used cars. However, the actual tenure depends on factors like car age, applicant's age, and income. Electric vehicles may qualify for longer tenure up to 8 years to encourage eco-friendly transportation.

Yes, there are tax benefits available. If the car is used for business purposes, the interest paid on the car loan is deductible as a business expense. For electric vehicles, additional deductions are available under Section 80EEB. For personal cars, there are no specific tax benefits, but if used for business, appropriate deductions apply.

Yes, you can prepay your car loan. For floating rate loans, you can prepay after 6 months with no charges. For fixed rate loans, a prepayment charge of 2% may apply if prepaid within the first year. After 12 months, no prepayment charges apply. We encourage early repayment to reduce your interest burden.

For complete applications with all documents, we typically approve car loans within 24-48 hours. Pre-approval can be obtained within 4 hours. Once approved, disbursement happens within 24 hours after completing documentation and signing the agreement.

In case of default, we first try to contact you to understand the situation and offer solutions like restructuring the loan. If defaults continue, we may repossess the car as per the loan agreement. However, we always try to work with customers facing genuine financial difficulties through EMI holidays or extended tenure options.

No, car loans are typically secured against the car itself. The car serves as collateral, so no additional collateral is required. We take hypothecation of the car until the loan is fully repaid. After repayment, we issue a No Objection Certificate (NOC) to remove the hypothecation.

Get Behind the Wheel with Prime Capital Car Loans