New Car / Used Car Loan

Owning a car adds comfort, convenience, and mobility to your everyday life. Whether you're purchasing your first car or upgrading to a better one, Finaura offers reliable car loan solutions with flexible options for both new and used vehicles.

What is a Car Loan?

A Car Loan is a financing option that helps individuals purchase a new or pre-owned vehicle without paying the full amount upfront. Instead, the cost is spread over affordable monthly installments, making car ownership accessible and budget-friendly.

With Finaura, you can choose from flexible repayment plans, competitive interest rates, and minimal paperwork to drive home the car you desire with ease.

Types of Car Loans

1. New Car Loan

  • Designed for customers purchasing a brand-new car from a dealership
  • Covers up to 90-100% of the on-road price
  • Attractive interest rates and longer repayment terms

2. Used Car Loan

  • Ideal for buyers looking to purchase a pre-owned vehicle
  • Loan amount based on the car's model, age, and valuation
  • Affordable EMIs and quick approval process

Features of Finaura's Car Loans

  • Flexible Loan Amounts:
    Choose a loan amount based on the price of the car and your eligibility.
  • Attractive Interest Rates:
    Enjoy competitive rates that keep your EMIs low and manageable.
  • Easy Eligibility:
    Loans available for salaried and self-employed individuals with basic documentation.
  • Fast Processing:
    Quick approvals and disbursals so you can make your purchase without delay.
  • Wide Range of Vehicles Covered:
    Applicable for hatchbacks, sedans, SUVs, or premium cars - both new and used.
  • Tenure Options Up to 7 Years:
    Flexible repayment periods to suit your income and financial plan.
  • No Hidden Charges:
    Transparent terms with no surprise fees or hidden costs.