Car Loan - Key Features

Attractive car loan plans
At Tata Capital, new car loan is available for most passenger cars and multi-utility vehicles manufactured by India's automobile companies. Imported cars are financed on a case-to case basis. You can drive home your favorite car with a small down payment.

Upto 100% loan on ex-showroom car price
We offer 100% loan on ex-showroom car price for salaried individuals. The basic price at which a car dealer sells a car to the customer is called ex-showroom price. Registration charges, insurance and loadings are excluded from this price. We loan up to 90% of the cost of the car for self-employed people and companies.

Transparent interest rates
We offer attractive and transparent new car loan interest rates adhering to the best market practices. We assure you the best services and a good deal at the time of availing the loan. The lending rates are dependent on various factors including cost of funds, customer credentials, asset, tenure and discounts offered in the market.

Flexible tenure
At Tata capital, we have flexible loan tenure. The tenure of our car loans is from one year to five years. The tenure can be extended to seven years for select models.

Flexi EMIs
Flexi EMI scheme, our unique product offering, gives you the choice to customize your loan repayment according to your convenience. Flexi EMIs are repayment option which allows you to choose a repayment plan tailoring to your cash flow. The four Flexi Equated Monthly Installment (EMI) options are Step Up, Step Down, Bullet and Balloon plans.

  •   a. Step Up Flexi EMI Plan Increase your EMIs gradually, every year, and repay your loan conveniently
  •   b. Step Down Flexi EMI Plan Lowers your EMI, every year, and repay your loan faster
  •   c. Bullet Flexi EMI Plan Allows you to prepay your loan in parts at periodic intervals and lowers your EMI considerably
  •   d. Balloon Flexi EMI Plan Allows you to pay lower monthly installments as you have the option to pay a substantial amount in the last EMI


Hassle free loan disbursement
Loans are generally approved within 24-36 hours of submission of complete documentation. In addition, no collateral needs to be provided, apart from the car against which the loan is granted.


Looking for a Car Loan? Calculate your EMI in 3 Easy Steps Using our Car Loan EMI Calculator.


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Car Loans are brought to you by Tata Capital Financial Services Limited ("TCFSL") and are at its sole discretion. The indicative interest rates mentioned on the website only pertain to loans availed for cars which are for personal use. For loans for cars which are for commercial use, interest rates may differ. Interest rates may differ from time to time at the discretion of Tata Capital Financial Services Limited. Terms and conditions apply.

Important Information

Recently there have been cases of fraud being committed under the name of Tata Capital or Tata Finance. Customers are requested to read the attached advisory and be aware of misleading advertisements in the newspapers. Click here to read the advisory and be aware of misleading advertisements in the newspapers.

Click here to read the advisory