Auto Loan (New Car Loan, Used Car Loan, Car Refinance)
What is an Auto Loan?
An auto loan helps individuals purchase a new or used car without paying the full amount upfront. The loan is repaid in monthly instalments, making vehicle ownership more accessible. Car refinance, meanwhile, allows borrowers to replace their existing auto loan with a new one to secure better interest rates and repayment terms.
Types of Auto Loans We Offer
• New Car Loan: Financing for your new car. Interest rates and repayment options vary by lender.
• Used Car Loan: Purchase a pre-owned vehicle. Eligibility and documents depend on the lender.
• Car Refinance: Reduce your monthly EMIs by refinancing your existing car loan at a lower interest rate.
Why Choose Us for Your Auto Loan?
• Compare Interest Rates – Rates and charges are set by the lender.
• Guided Processing – We help with your application. Approval and timelines are decided by the lender.
• Flexible Repayment Tenure – Choose from short-term or long-term repayment options.
• Documentation Help – We guide you on the documents the lender requires.
• Trusted Financial Partners – We work with banks and NBFCs so you can compare loan offers.
Eligibility Criteria
• Applicant must be between 21 and 60 years old.
• Salaried or self-employed individuals with a stable income.
• Minimum monthly income as per the lender’s guidelines.
• A good CIBIL score for better loan terms.
Documents Required
• Identity Proof: Aadhaar Card / PAN Card / Passport / Voter ID.
• Address Proof: Utility bill / rental agreement / passport.
• Income Proof: Salary slips / bank statements / ITR (for self-employed).
• Vehicle Details: Proforma invoice (for new cars) / RC book (for used cars).
Apply for an Auto Loan Today
Drive home your dream car. Whether you are buying a new vehicle, a used one, or looking for better loan terms, we have you covered.
Rovian is a facilitator and does not lend money. Loan approval, interest rate, fees and timelines are decided only by the lender, after its own credit assessment. This is not an offer of credit. Please read the lender’s terms before you apply.
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