Why Choose CarzBazzar Finance

Quick Approval

Get loan approval within 24 hours with minimal documentation. No lengthy waiting periods.

Low Interest Rates

Competitive interest rates starting from 10.99% per annum from leading banks and NBFCs.

Flexible EMI Options

Choose repayment tenure from 1 to 7 years with EMI options that fit your budget.

Minimal Documentation

Simple paperwork with our expert assistance. We'll guide you through every step.

EMI Calculator

Calculate your monthly installment and plan your budget

Monthly EMI
₹11,122
Principal Amount ₹5,00,000
Total Interest ₹1,67,320
Total Amount ₹6,67,320

Eligibility Criteria

Salaried Individual

Salaried Individuals

  • Age: 21 to 65 years
  • Minimum monthly income: ₹15,000
  • Employment tenure: 6 months or more
  • Good credit score (650+)
Self Employed

Self-Employed Individuals

  • Age: 21 to 65 years
  • Business vintage: 2 years or more
  • Annual income: ₹2,00,000+
  • Good credit score (650+)

Documents Required

Identity Proof

Aadhaar Card, PAN Card, Passport, or Voter ID

Address Proof

Aadhaar, Passport, Utility Bill, or Rental Agreement

Income Proof

Salary Slips (3 months), Bank Statements (6 months)

Bank Statements

Last 6 months bank statements

PAN Card

Mandatory for all loan applicants

Passport Photos

Recent passport size photographs

How to Apply

01

Submit Application

Fill out our simple online form or visit our showroom with required documents

02

Document Verification

Our team verifies your documents and processes your application

03

Loan Approval

Get approval within 24 hours with your customized loan offer

04

Drive Home

Complete the formalities and drive home your dream car

Our Partner Banks & NBFCs

We work with India's leading financial institutions

Frequently Asked Questions

What is the minimum down payment required?

Typically, down payment ranges from 10% to 20% of the car's on-road price. However, we offer financing up to 90-100% in eligible cases.

How long does loan approval take?

We process loan applications within 24 hours. Once approved, you can complete the documentation and drive home your car the same day.

Can I prepay my car loan?

Yes, most of our partner banks allow prepayment of car loans. Some banks may charge a nominal prepayment fee, which varies by lender.

What if I have a low credit score?

While a good credit score increases approval chances, we work with multiple lenders who consider applications from individuals with lower credit scores on a case-by-case basis.