From showroom shortlist to your driveway
New car, used car or refinance on the one you own — get the lowest EMI across banks and NBFCs, with funding up to 100% of on-road price.
Car Loan
Interest rate
8.75% p.a. onwards
Funding
Up to 100% on-road
Funding
Up to 100% on-road
Interest rate
8.75% p.a. onwards
Tenure
1 – 7 years
Approval
Same-day possible
Why apply through QCred
New and used, both covered
Used-car loans up to 85% of valuation with tenures to 5 years — including dealer and direct-owner purchases.
100% on-road funding
Selected lenders fund registration, insurance and accessories too, so you drive out with near-zero down payment.
Refinance & top-up
Own a car free of loan? Raise funds against it at rates far below personal loans.
Tie-ups across brands
Offers work whether you're buying Maruti, Hyundai, Tata, Mahindra, Toyota or premium marques.
Find your best car loan offers
It takes 2 minutes. This will not affect your credit score.
Eligibility
- Age
- 21 – 65 years
- Income
- ₹20,000+/month or equivalent business income
- Credit score
- 650+ recommended
Documents
- PAN and Aadhaar
- Income proof (salary slips / ITR)
- Last 3 months' bank statements
- Proforma invoice (new) or RC + valuation (used)
Rates & charges
- New car rate
- 8.75% – 12% p.a.
- Used car rate
- 11% – 16% p.a.
- Processing fee
- ₹3,000 – 1%
Indicative ranges across partner lenders; your offer depends on profile and lender policy.
Car Loan FAQs
What's the ideal tenure for a car loan?
3–5 years balances EMI comfort against total interest. A 7-year loan lowers the EMI but you often stay underwater on the car's value — avoid unless cash flow demands it.
Is a used-car loan much costlier?
Rates run 2–4% higher than new-car loans and funding caps at ~85% of valuation. On a well-priced used car the economics still usually beat a new-car EMI.
Get your car loan moving today
Apply in two minutes or talk to an advisor first — either way, it costs you nothing.