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Home » Want to Drive Your Way to Luxury in Your Dream Car? HDFC Car Loan is the Right Companion for You.

Want to Drive Your Way to Luxury in Your Dream Car? HDFC Car Loan is the Right Companion for You.

HDFC Bank Car Loan

From a decent smartphone to a sophisticated car, it is never easy to ask for huge investments. But for most of us today, these investments truly matter. We know you must be tired of waiting and saving, wondering when you will be able to get your dream car. Well, now is the time!

When you buy a car, the first thing on your mind is not “how to pay for it,” but you may be worried about various issues like max. loan amount, interest rates, EMI options, and more.

Most of us probably can’t afford any of these, but that doesn’t mean you can’t get behind the wheel of one. Step up to HDFC Bank Car Loans, the quick and easy way to grab a dream ride. HDFC Bank Custom-fit Car Loans make it possible for you to take possession of your car faster.

Loans do not come easy and sometimes, it takes months to get one. And the loan that you finally get is too expensive. Although that’s not the case when it comes to HDFC Bank. The bank offers two types of New Car Loans which are:

  1. Xpress Car Loan and,

  2. ZipDrive-Instant New Car Loan.

Let’s discuss all the information in detail to give you a better understanding.

Types of HDFC Car Loan

Xpress Car Loan: HDFC offers car loans to consumers who want to buy their dream car. Whether you’re looking for a two-wheeler or a four-wheeler, HDFC Xpress Car Loan can give you the funds you need with flexibility and ease of use.

Get 100% financing on select vehicles, flexible repayment tenure, and pocket-friendly EMI so that you get the dream car you want, in a matter of minutes!

ZipDrive-Instant New Car Loan: With HDFC ZipDrive Instant New Car Loan, you can get the car loan amount disbursed instantly to car dealers through NetBanking, anytime and anywhere in India. So all you need is some money to spend in the bank, and a few clicks to get started on your dream car’s financing.

Features of HDFC Car Loans

Interest Rate: 7.95% onwards

Loan Amount: Up to Rs. 10 crores ( 100% on-road finance** on your New Car Loan)

Loan Tenure: 12 months – 84 months

Top-Up Loans: Existing car loan customers can increase their loan with a top-up without having to provide any documents.

Foreclosure Charges: Zero Charges after 24 months of repayments

Processing Fees: 0.5% of Loan Amount*

End-to-end Car Loan process in just 30 minutes

Transparent, quick, and easy process

Entire Digital Process

HDFC Bank customers get preferred pricing

Insurance Funding

Required Documents for HDFC Car Loan

  • Valid Identity Proof (PAN Card/Aadhar Card/Passport/Voter ID)

  • Address Proof (Utility Bills/Aadhar Card/Driving Licence/Passport etc.)

  • Income Proofs (Current Salary Slips/Latest Form 16/Current ITR)

  • Current Bank Statements (Last 6 Months)


You can always track the status of your application through our HDFC Bank app, which comes with a handy auto-reload feature.

The age limit to apply for HDFC Car Loan is a minimum of 21 and a maximum of 65.

Applicants who earn a minimum of Rs. 3,00,000 per year, including the income of their spouse /co-applicant, are eligible to apply.

Yes, you can terminate your loan without being penalized.

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