Cardekho loan
India’s Fastest & Trusted

Used Car Loan

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    5 Minute Approval100% paperless
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    Up to 100% LoanApproved instantly
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    Hassle Free RC TransferEnd to end support
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    5000+ Active Used CarsCertified and Trusted
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Used Car Loan Interest Rate Comparison

Lending PartnerAvg. Interest RateProcessing Fees
HDFC Bank13.75% to 16%1.5% of loan amount + GST Min: ₹2,500 + GST and Max: ₹5,000 + GST
Axis Bank14.5% to 17%₹6,000 or 1% of loan amount, which is lower + GST
ICICI Bank14.25% to 18%2% of loan amount or ₹15,000, whichever is lower + GST
IDFC First BankStarts from 15%₹7,500 + GST
Kotak MahindraStarts from 16%₹5,500 or 1% of loan amount, whichever is lower + GST
Tata Capital15.50% to 17%1.5% of loan amount or ₹6,000 whichever is higher + GST
Bajaj Finserv14.25% to 18%Up to 4% of loan amount
Hero Fincorp16% to 19%₹3,500 + GST for up to 3 lakhs
₹5,000 + GST for 3 to 5 lakhs
1.25% + GST for 5 to 10 lakhs
1% + GST for above 10 lakhs
Mahindra Finance18% to 23%1% of loan amount
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