EASYCRED Auto Loan
Drive Your Dream Car - New & Used Vehicle Financing
Low Interest Rates
Get auto loans starting from 8.5% for new cars and 9.5% for used cars with flexible EMIs.
New & Used Cars
Finance both brand new vehicles and pre-owned cars up to 5-7 years old from any dealer.
100% On-Road Funding
Get funding for ex-showroom price, registration, insurance, and accessories.
Quick Processing
Approval within 4 hours and disbursal in 24-48 hours for quick car delivery.
Minimal Documentation
Simple application with basic KYC, income proof, and vehicle documents.
Flexible Tenure
Choose repayment period from 1 to 7 years with affordable monthly EMIs.
No Hidden Charges
Complete transparency in processing fees, documentation charges, and prepayment terms.
Pan India Coverage
Available across 50,000+ PINCODEs with tie-ups with major dealers nationwide.
Auto Loan For All Vehicle Types
Hatchbacks
Compact cars for city driving and fuel efficiency
Sedans
Comfortable family cars with spacious interiors
SUVs
Powerful vehicles for all terrains and family trips
MUVs
Multi-utility vehicles for larger families
Pickup Trucks
Commercial vehicles for business use
Luxury Cars
Premium vehicles from luxury brands
Electric Vehicles
EVs with special green vehicle benefits
New Car vs Used Car Loans
Brand New Vehicles
Interest Rate: Starting from 8.5% p.a.
Loan-to-Value: Up to 90% of ex-showroom price
Tenure: Up to 7 years
Processing Fee: 0.5-1% of loan amount
Vehicle Age: 0 years
Pre-Owned Vehicles
Interest Rate: Starting from 9.5% p.a.
Loan-to-Value: Up to 80% of market value
Tenure: Up to 5 years
Processing Fee: 1-1.5% of loan amount
Vehicle Age: Up to 7 years
All Major Brands Supported
4-Step Auto Loan Process
Online Application
Apply online with basic details and choose your preferred car model
Document Submission
Upload KYC, income proof, and vehicle details digitally
Quick Approval
Get loan approval within 4 hours with sanctioned amount
Disbursal & Car Delivery
Amount disbursed directly to dealer for quick car delivery
Auto Loan Features
- Interest Rates: New cars from 8.5% p.a.
- Loan Amount: Up to ₹50 Lakhs
- Processing Fee: 0.5-1.5% of loan amount
- Prepayment: Allowed after 6 months
- Repayment Tenure: 1 to 7 years
- Loan-to-Value: Up to 90% for new cars
- Approval Time: Within 4 hours
- Disbursal: 24-48 hours
Eligibility Criteria
Age
21 to 65 years (at loan maturity)
Employment
Salaried or self-employed with stable income
Income
Minimum ₹20,000 monthly income
Credit Score
Minimum 600 credit score required