Welcome!
Commute safely in your own Car with our Used Car Loan
Only 3 minutes on this page will help you to
5 reasons why so many customers prefer HDFC Bank Used Car Loan
Loan Amount
Enjoy a higher loan amount of up to Rs 2.5 crore with an HDFC Bank Used Car Loan. Whether you bring home a sedan or a fancy MUV, the choice is yours.
Repayment Tenure
Choose to repay the amount over a period of 12 to 84 months
Special pricing
Our existing HDFC Bank customers also get the benefit of special pricing on our Used Car Loans.
Best industry interest rates
The low interest rates on our Used Car Loans help you get your dream car at a lower EMI.
Top Up Loan
You can also take advantage of a Top-up loan on your car, where you can get upto 150% of the car value for any business or personal needs.
Calculate your EMI
Use our EMI Calculator to check your EMI with varying tenure and interest rates.
Used Car Loan
calculator
Check your Eligibility
Loan Eligibility
Who can apply for a Used Car Loan?
Salaried individuals - From Private Limited Companies and Public-Sector Undertakings
Self-employed individuals - From Proprietorships, Partnerships, Private Limited Companies, Public-Sector Undertakings and Hindu Undivided Family
Know how to apply for a Used Car Loan
We offer Used Car Loan online through an end-to-end digital process. You can apply for loan anytime including weekends and public holidays, from anywhere.
Just follow these 3 steps
Click on the Apply now button
Enter your registered mobile no
Fill in your details
Once approved, money will be transferred to the dealer’s account instantly.
Documents Required
What are the documents required?
Salaried Individuals:
Any of the following documents as identity & Address Proof:
- Valid Passport
- Permanent Driving license [recent, legible, laminate]
- Voters ID Card
- Job card issued by NREGA
- Letter issued by the National Population Register containing details of name & address
- Aadhar Card
All the following documents as proof of income:
- Latest Salary Slip
- Latest Form 16/Latest ITR
- HDFC Bank corporate salary account statement for salary credits above Rs. 80,000 for the previous 3 months
Any of the following as sign verification proof:
- Passport Copy
- Photo Driving License with DOB (recent, legible, laminated)
- Credit Card Statement with Credit Card Copy
- Banker's Verification
- Copy of Margin Money Paid to the Bank
Self Employed Individuals (Sole Proprietorship):
Any of the following documents as identity & Address Proof:
- Valid Passport
- Permanent Driving license [recent, legible, laminate]
- Voters ID Card
- Job card issued by NREGA
- Letter issued by the National Population Register containing details of name & address
Any of the following as sign verification proof:
- Passport Copy
- Photo Driving License with DOB (recent, legible, laminated)
- Credit Card Statement with Credit Card Copy
- Banker's Verification
- Copy of Margin Money Paid to the Bank
Self Employed Individuals (Partnership Firms):
- Partnership deed as age proof
- Partnership deed as identity proof
- Latest ITR/Previous ITR with Adv. Tax paid Challan / latest IT assessment order as proof of income. In case the business turnover exceeds Rs. 40 Lakhs, or the professional turnover exceeds Rs. 10 Lakhs, the balance sheet needs to have been audited
Any of the following documents as address proof:
- Partnership Deed
- Telephone Bill
- Electricity Bill
Any of the following as sign verification proof:
- Passport Copy
- Photo Driving License with DOB (recent, legible, laminated)
- Credit Card Statement with Credit Card Copy
- Banker's Verification
- Copy of Margin Money Paid to the Bank
Self Employed Individuals (Private Limited Companies)
- Memorandum and Articles of Association/Certificate of Incorporation as age proof
- Memorandum and Articles of Association/Certificate of Incorporation as identity proof
- Latest ITR and audited balance sheet along with profit & loss account as proof of income
Any of the following documents as address proof:
- Memorandum and Articles of Association
- Certification of Incorporation
- Telephone Bill
- Electricity Bill
Any of the following as sign verification proof:
- Passport Copy
- Photo Driving License with DOB (recent, legible, laminated)
- Credit Card Statement with Credit Card Copy
- Banker's Verification
- Copy of Margin Money Paid to the Bank
Self Employed Individuals (Public Limited Companies):
- Memorandum and Articles of Association/Certificate of Incorporation as age proof
- Memorandum and Articles of Association/Certificate of Incorporation as identity proof
- Latest ITR and audited balance sheet along with profit & loss account as proof of income
Any of the following documents as address proof:
- Memorandum and Articles of Association
- Certification of Incorporation
- Telephone Bill
- Electricity Bill
Any of the following as sign verification proof:
- Passport Copy
- Photo Driving License with DOB (recent, legible, laminated)
- Credit Card Statement with Credit Card Copy
- Banker's Verification
- Copy of Margin Money Paid to the Bank
Frequently
Asked Questions
The car should be no older than 10 years at the time of loan maturity, subject to a maximum loan tenure of 60 months.
Yes. You can get up to 80% - 85% of the value of the car, if you do not have any proof of Income
Terms and conditions
Terms and conditions apply*.
Credit at sole discretion of HDFC Bank.
