Overview of Car Loan in Sector 65, Faridabad
Car Loans in Sector 65, Faridabad provide financing in 2025 for purchasing new or used cars. Loanpao partners with top lenders to offer Car Loans with interest rates starting at 8.5% p.a., loan amounts up to ₹50 lakh, and tenures up to 7 years. These loans cover both new and pre-owned vehicles.
Loanpao streamlines the process with online applications and doorstep services in Sector 65, Faridabad, with approvals within 2–5 days.
Eligibility Criteria for Car Loan in Sector 65, Faridabad
Qualify for a Car Loan in Sector 65, Faridabad with these criteria:
| Criteria | Details |
|---|---|
| Age | 21–60 years |
| Income | Minimum ₹20,000 monthly (salaried), ₹3 lakh annually (self-employed) |
| Credit Score | 650 or higher |
| Employment | 1 year (salaried), 2 years (self-employed) |
| Residence | Resident of Sector 65, Faridabad |
| Collateral | Car acts as collateral |
Check your eligibility instantly using Loanpao’s online tool for a seamless application.
Documents Required for Car Loan in Sector 65, Faridabad
Submit these documents to apply for a Car Loan:
- Identity Proof: Aadhaar Card, PAN Card, Passport.
- Address Proof: Utility bill, rental agreement, or Aadhaar for Sector 65, Faridabad.
- Income Proof: Salary slips (3 months), ITR (2 years), or profit & loss statement.
- Bank Statements: Last 6 months’ bank statements.
- Car Documents: Proforma invoice, ex-showroom price, or RC (for used cars).
- Photograph: Recent passport-size photo.
Loanpao offers doorstep document collection in Sector 65 for your convenience.
Benefits of Car Loan in Sector 65, Faridabad
Explore the advantages of choosing Loanpao for Car Loans in Sector 65:
- Competitive interest rates starting at 8.5% p.a. in 2025.
- Loan amounts up to ₹50 lakh for new or used cars.
- Flexible repayment tenures up to 7 years.
- Quick approval within 2–5 days.
- Online application with doorstep service in Sector 65, Faridabad.
- Financing for both new and pre-owned vehicles.
Drive your dream car with Loanpao’s Car Loans.
Factors Influencing Car Loan Approval in Sector 65
Credit Score
A score of 650+ ensures better rates and faster approvals.
Income Stability
Stable income of ₹20,000+ monthly (salaried) or ₹3 lakh+ annually (self-employed) is key.
Debt-to-Income Ratio
A ratio below 50% improves eligibility for higher loan amounts.
Car Value
The car’s ex-showroom price or valuation (for used cars) impacts loan amount approval.
Verify your eligibility with Loanpao’s eligibility checker today.
How to Apply for a Car Loan in Sector 65, Faridabad
Follow these steps to apply for a Car Loan with Loanpao:
- Visit loanpao.in and select “Car Loan Sector 65, Faridabad.”
- Complete the online form with personal, income, and car details.
- Upload required documents (identity, income, car invoice).
- Schedule doorstep document pickup in Sector 65, Faridabad.
- Receive approval and funds within 2–5 days after verification.
Check Car Loan Eligibility in Sector 65, Faridabad
Assess your Car Loan eligibility instantly with Loanpao:
- Enter personal, income, and car details in the online tool.
- Provide proof of residence in Sector 65, Faridabad.
- Submit income proof, credit score, and car documents for verification.
Loanpao ensures a smooth approval process in Sector 65. Start with our eligibility checker.
Check Eligibility NowTrack Your Car Loan Application in Sector 65
Monitor your Car Loan application status with Loanpao’s tracker:
- Enter your application ID on the Loanpao Tracker page.
- Receive real-time updates (e.g., under review, approved, disbursed).
- Get notifications for verification steps in Sector 65, Faridabad.
- Contact our support team for assistance.
Compare Car Loans in Sector 65, Faridabad
Explore top Car Loan options in Sector 65, Faridabad for 2025:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | Up to ₹50 lakh | Up to 7 years | Up to 1.5% |
| ICICI Bank | 9% p.a. | Up to ₹40 lakh | Up to 6 years | Up to 2% |
| Axis Bank | 9.5% p.a. | Up to ₹35 lakh | Up to 5 years | Up to 2% |
Compare and apply with Loanpao to secure the best Car Loan in Sector 65.
Frequently Asked Questions About Car Loans in Sector 65
Individuals aged 21–60, with a minimum income of ₹20,000 monthly (salaried) or ₹3 lakh annually (self-employed), a credit score of 650+, and residence in Sector 65, Faridabad are eligible.
Interest rates start at 8.5% p.a., varying by lender and credit profile.
Approval and disbursal typically take 2–5 days after document verification.
The car itself acts as collateral for the loan.
The maximum tenure is up to 7 years, depending on the lender and loan amount.
Yes, Loanpao offers an online application process with doorstep document pickup in Sector 65.
Yes, Loanpao offers Car Loans for both new and used cars in Sector 65.
Loan amounts can reach up to ₹50 lakh, depending on income, credit score, and car value.
Missing an EMI may incur penalties and negatively impact your credit score.
Yes, Loanpao partners with RBI-regulated lenders for secure and reliable Car Loans.