Drive Your Dream Car in Bahadurgarh | Apply with Loanpao
Overview of Car Loan in Bahadurgarh
Car loans in Bahadurgarh enable you to finance new or used cars with ease. In 2025, these loans offer interest rates starting at 7.5% p.a., loan amounts up to ₹50 lakh (based on car value and income), and tenures up to 7 years. Lenders like SBI, HDFC Bank, and Axis Bank provide competitive car loan options through Loanpao’s platform, with disbursal within 2–5 days for Bahadurgarh applicants.
Eligibility Criteria for Car Loan in Bahadurgarh
Criteria
Details
Applicant Type
Salaried or self-employed individuals in Bahadurgarh
Income
Minimum ₹25,000/month (salaried) or ₹4 lakh annual income (self-employed)
Age
21–65 years
Credit Score
650 or above preferred
Employment
Minimum 1 year of employment (salaried) or 2 years of business (self-employed)
Documents Required for Car Loan in Bahadurgarh
Identity Proof: Aadhaar, PAN Card, or Voter ID.
Address Proof: Utility bill, Aadhaar, or rental agreement (Bahadurgarh address).
Income Proof: Salary slips (3 months), bank statements (6 months), or ITR (2 years).
Employment Proof: Employment certificate (salaried) or business registration (self-employed).
Car Documents: Proforma invoice, car quotation, or registration certificate (for used cars).
Photograph: Recent passport-size photo.
Benefits of Car Loan in Bahadurgarh
Loan amounts up to ₹50 lakh for new or used cars.
Competitive interest rates starting at 7.5% p.a. in 2025.
Flexible repayment tenures up to 7 years.
Up to 90% financing on car value.
Fast disbursal within 2–5 days in Bahadurgarh.
Factors Affecting Car Loan in Bahadurgarh
Interest Rate
Rates range from 7.5% to 12% p.a., based on credit score, income, and car type (new/used).
Loan Amount
Up to ₹50 lakh, depending on car value and applicant’s income.
Credit Score
Scores above 650 improve approval chances and secure lower rates in Bahadurgarh.
Loan-to-Value Ratio
Financing up to 90% of the car’s on-road price, with the rest as a down payment.
How to Apply for a Car Loan in Bahadurgarh
Follow these steps to apply for a car loan in Bahadurgarh through Loanpao:
Visit loanpao.in and select "Car Loan in Bahadurgarh."
Fill out the online application form with personal and income details (name, Bahadurgarh address, salary).
Upload required documents (identity, income, car quotation).
Get approval within 24–48 hours after verification.
Receive funds disbursed within 2–5 days in Bahadurgarh.
Loan Eligibility for Car Loan in Bahadurgarh
Check your eligibility for a car loan in Bahadurgarh with Loanpao’s tool:
Confirm applicant type (salaried or self-employed).
Provide income details (₹25,000/month or ₹4 lakh/year).
Enter age (21–65 years).
Submit credit score (650+ preferred).
Include employment details (1+ year for salaried, 2+ years for self-employed).
Loanpao will assess your eligibility and suggest the best car loan offers in Bahadurgarh.