Car loans for self-employed Gigsters
Available against an annual income of ₹2.5 lakh
Loan of up to 100% of the car’s value
An auto loan product for people with uneven income flow
Zero documentation for HDFC Bank customers, minimal for new customers
Attractive interest rates, convenient repayment terms and easy eligibility
Get your car loan approved in 30 minutes
A gigster or a self-employed professional
Minimum 2 years work experience in the business or profession
At least 21 years old
Average annual income of at least ₹2.5 Lakh per annum
A. Identity proof: Any one of the following:
B. Income proofs and other documents required:
To apply for a GIGA Auto Loan by HDFC Bank, follow these steps:
Existing HDFC Bank GIGA customers can simply log in to their HDFC Bank NetBanking account with their login credentials, apply for the loan, and it will be processed and disbursed in a flash.
Click here for the detailed terms and conditions related to GIGA Auto Loan by HDFC Bank.
You can speed up the processing time with these simple preparations:
Yes, HDFC Bank offers up to 100% of the on-road price of the vehicle. This feature is available on select models of cars.
HDFC Bank doesn’t insist on a minimum credit score for disbursing a car loan. However, your credit score does influence the loan amount sanctioned. To get the amount you want, ensure that you have a credit score of more than 750 while applying.
With the GIGA Auto Loan, you might not have to pay anything as a down payment - and still drive home in your new car! This attractive Zero Down Payment Car Loan is available on select cars and SUVs, where HDFC Bank finances 100% of the car’s on-road price.
You can check the status of your new car loan by going to HDFC Bank’s Loan status checker.