Instant Car Loans That Drive Your Dreams

Get attractive interest rates and experience fast disbursal.

Urban Money Edge: Car Loan Highlights

Get an instant overview of everything about new car loans that deliver speed, value, and convenience.

FeatureDetails
Loan Amount₹1 Lakh – ₹1 Crore
Interest Rates7.5% – 12.5% p.a.
Tenure1 – 7 Years
Processing Fee0.5% – 2%
FundingUp to 100% of the on-road price
EligibilitySalaried & Self Employed
CIBIL Score700+ preferred
PrepaymentAllowed (may include charges)
Approval Time1–3 Days

Gear Up With The Best Car Loan Features

These features, from great car loan interest rates to fast disbursal, are designed to get you on the road sooner.

Easy Repayment Terms

Flexible EMI options. Repay your car loan conveniently.

Up to 100% On-Road Value

Finance up to 100% of your car's on-road price. Drive now.

Digital Application

Apply for a car loan online in minutes. Quick, paperless, and easy process.

Fast Disbursal

Quick loan approval & disbursal. Get your car funds swiftly.

Do You Qualify? See Car Loan Eligibility Criteria Below

A quick overview of the car loan eligibility criteria.

CriterionRequirement
Age60 years
EmploymentSalaried / Self-Employed
IncomeMin. Threshold Met
Credit Score700+
Work Experience1-2 years+

Why Is Urban Money Your Ideal Car Loan Partner?

We're working to make your car ownership journey effortless and satisfying. Here’s how:

Competitive Car Finance Interest Rates

Enjoy attractive rates. Save more on your car loan EMIs.

Zero Foreclosure Charges

Pay off your loan early with no extra fees. Save on interest.

100% Digital Process

Apply for a car loan online, from start to finish. Quick, easy, paperless.

No Credit Score Impact

Check eligibility without affecting your credit score. Apply safely.

Instant Funds

Get your emergency funds in as little as a few minutes, depending on your eligibility.

Easy Instalments

Your car loan EMI customised as per your needs and affordability.

Apply For A Car Loan Online In Just 3 Simple Steps

From eligibility to disbursal — here's how to secure your car loan without stepping out.

Check Your Car Loan Eligibility

Enter basic details like your income, employment type, and city to know your eligibility in seconds.

1

Compare & Choose the Best Car Loan

Explore personalised offers with the lowest car loan interest rates from trusted banks and NBFCs.

2

Apply Online & Get Quick Disbursal

Upload documents digitally and receive quick loan approval.

3

Car Loan Application Process

Smart EMI Calculator for
Car Loan

Loan Amount

Interest Rate

Loan Term

Break-up of Total Payment

NaN Per Month EMI for -1 Years

  • Principal Amount (Total Amount for loan)

    ₹10,00,000

  • Interest Payable (Total Interest throughout the loan duration)

Total Amount payable

View EMI Payment Schedule

Trusted Lending Partners, Bespoke Car Loan Solutions

We've partnered with 50+ top banks and NBFCs to offer the best car loan interest rates and flexible financing options.

  • AXIS BANK
  • ICICI BANK
  • FEDERAL BANK
  • BAJAJ FINSERV
  • KOTAK MAHINDRA PRIME
  • YES BANK
  • INDUSIND BANK
  • HDFC BANK

Smart Strategies For Your Best Car Loan Online

A little preparation goes a long way. Here's how to ensure you're getting great car loan percentage rates.

  • Improve Your Credit Score
  • Opt for Shorter Tenure
  • Avoid Hidden Charges
  • Plan Your Down Payment
  • Pick the Right Lender
  • Check Bank Deals

Car Loan Documents You Need

A quick checklist of the necessary paperwork for your Urban Money car loan.

Common Documents (Required for All Applicants):

  • PAN Card (Copy)
  • Aadhaar Card (Copy - for ID & Address Proof)
  • Recent Passport-sized Photographs

For Salaried Applicants

  • Latest Salary Slips (e.g., last 3 to 6 months)
  • Bank Account Statements (e.g., last 6 months, showing salary credits)
  • Form 16 or Income Tax Returns (Latest)
  • Employment ID Card / Proof of Employment (e.g., Appointment Letter)

For Self-Employed Applicants / Business Owners:

  • Income Tax Returns of the last 2 to 3 years
  • Financial Statements for the previous 2-3 years
  • Bank Account Statements of the last 6 to 12 months
  • Proof of Business Existence (e.g., GST Registration, Shop Act License, Partnership Deed, etc.)
  • Office Address Proof

Get your CIBIL Credit Report worth ₹500 for FREE

5 Lac+ people have got their Credit Scores for FREE!

Have Questions? We've Got Answers!

Find quick answers to common questions about our car loan products and processes.

Who can apply for a car loan from Urban Money?

Anyone between 21 and 60 years old can easily apply through Urban Money. You can be eligible if you are salaried or self-employed and your income meets the basic limit. You are also required to hold 1–2 years of work experience.

Need help? Contact Us

How much is a CIBIL score needed for a car loan?

Most lenders consider a CIBIL score of at least 700. A higher score may help you get better car loan interest rates.

Need help? Contact Us

Are car loans accessible to students or first-time buyers?

Students may not qualify if they don't have regular income. First-time buyers can apply if they meet the income and credit score requirements. A co-applicant with a good profile can improve your chances.

Need help? Contact Us

Can self-employed people apply for a new car loan?

Yes. You can easily apply if you are self-employed or run a business. You must ensure that your income and credit score are stable.

Need help? Contact Us

Do I need to decide the car model before applying?

No, it is not necessary. You can apply and check your car loan eligibility first, then choose your car.

Need help? Contact Us

How much car loan can I get?

You may be eligible to receive 100% of your car's on-road price. The final amount may depend on your profile, the car, and the lender's policy.

Need help? Contact Us

What are the loan tenure options?

You can choose a car loan tenure from 1 year to 7 years (12 to 84 months). Pick what fits your budget.

Need help? Contact Us

Are Urban Money car loan interest rates fixed or floating?

Car loan interest rates are usually fixed. This means your EMI stays the same every month. The rate depends on your credit score, car model, and loan amount.

Need help? Contact Us

Can I get a pre-approved loan or ask for a lower rate?

Yes. If you qualify, you may get a pre-approved car loan offer. Based on your profile, you can also check if a better rate is possible.

Need help? Contact Us

How long does the approval and disbursal take?

The process is fast. You can apply with Urban Money to fast-track your application. After successfully passing the eligibility test, you can get approval and disbursal quickly.

Need help? Contact Us

What are the fees and charges for a car loan?

There's a one-time processing fee. Stamp duty may also apply, depending on your state. We don't hide charges. You'll see all costs before you apply.

Need help? Contact Us

Can I prepay or close my loan early?

Yes, you can repay your car loan before the full term ends. Some lenders may allow this without charging extra. Check the terms in your agreement.

Need help? Contact Us

What documents do I need for a car loan?

You'll need your PAN card, Aadhaar card, proof of income, and bank statements. The documents you need may change depending on whether you are salaried or self-employed.

Need help? Contact Us

Will the Registration Certificate be under my name?

The car will be in your name. However, while the loan is active, the lender's name will be shown as a lien on the Registration Certificate.

Need help? Contact Us

What if I want to sell the car before finishing the loan?

First, you'll need to pay off the remaining loan. Once that's done, we'll remove the lien. Then, you can go ahead and sell the car.

Need help? Contact Us

Urban Money