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Make your car ownership journey a smooth ride with Hamra loan various options. We offer car loan that cater to your needs. Our flexible repayment and affordable EMIs make owning a car hassle free experience.
Get Car Loan at attractive rates in just 30 minutes!
Imagine the sheer excitement of driving your brand-new car home for the very first time. That exhilarating feeling of accomplishment, of turning your dream of owning a car into a reality—it’s truly special. And what if we told you that making this dream come true is now easier, quicker, and smoother than ever before?
Introducing Hamra Loan Xpress Car Loan, your trusted partner in making your car buying experience an absolute breeze. We understand the joy and anticipation that comes with purchasing a new vehicle, and we’re here to ensure that the entire process is as seamless and stress-free as possible.
With Hamra Loan Xpress Car Loan, you can enjoy a host of benefits designed to simplify your car buying journey: It provides 100% financing on select vehicles, pocket-friendly EMIs, and flexible repayments.
Apply now https://hamraloan.com/contact-us/ Click here.
100% Finance: Say goodbye to hefty down payments! We offer 100% financing on select vehicles, meaning you can drive away in your dream car without worrying about arranging a large upfront payment.
Pocket-Friendly EMIs: Our loan options come with pocket-friendly Equated Monthly Installments (EMIs) tailored to suit your budget and financial preferences. Rest assured, you can enjoy the thrill of owning a car without putting a strain on your finances.
Flexible Repayment Options: Life is unpredictable, and we understand that. That’s why we offer flexible repayment options to accommodate your changing needs and circumstances. Whether you prefer longer loan tenures or wish to pay off your loan ahead of schedule, we’ve got you covered.
Quick and Hassle-Free Process: We value your time and strive to make the loan application process as quick and hassle-free as possible. With minimal documentation requirements and swift approval processes, you can get behind the wheel of your new car in no time.
Dedicated Customer Support: Need assistance or guidance at any stage of the loan process? Our dedicated team of customer support professionals is here to assist you every step of the way. Whether you have questions about loan terms, repayment options, or anything else, we’re just a call or click away.
The following people are eligible to apply for a New Car Loan:
Salaried Individuals:
- This includes employees of private limited companies, employees from public sector undertakings, including central, state and local bodies
- Individuals who are a minimum of 21 years of age at the time of applying for the loan, and no older than 60 at the end of the loan tenure
- Individuals who have had a job for at least 2 years, with a minimum of 1 year with the current employer
- Those who earn a minimum of Rs. 3,00,000 per year, including the income of the spouse/co-applicant
- Individuals who have a telephone/post-paid mobile
Self Employed Individuals and Professionals (Sole Proprietorship):
- This includes self-employed sole proprietors in the business of manufacturing, trading or services
- Individuals who are a minimum of 21 years of age at the time of applying for the loan, and no older than 65 at the end of the loan tenure
- Those who have been in business for a minimum of 2 years
- Should earn at least Rs. Rs. 3,00,000 per annum
Self Employed Individuals and Professionals (Partnership Firms):
- This includes self-employed partners in the business of manufacturing, trading or services
- Those who have a minimum turnover of Rs. Rs. 3,00,000 per annum
Self Employed Individuals and Professionals (Private Limited Companies):
- This includes individuals who own a private company in the business of manufacturing, trading or services
- Should earn at least Rs. Rs. 3,00,000 per annum
Self Employed Individuals (Public Limited Companies):
- This includes directors in public limited companies that are in the business of manufacturing, trading or services
- Should earn at least Rs. Rs. 3,00,000 per annum
Salaried Individuals
1. 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(only if Submitted voluntarily & backed by Aadhar consent Letter.1st 8 digits of Aadhar Number on physical copy to be redacted)Aadhar Card can be Physical Aadhar or Print out of e- Aadhar (not older than 30 days from the date of application).
2. Latest salary slip and Form 16 as income proof
3. Bank statement of the previous 6 months
1. 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
2. Latest Income Tax Returns (ITR) as income proof
3. Bank statement of the previous 6 months
1. All the following documents as income proof:
Audited Balance Sheet
Profit & Loss Account of the previous 2 years
Company ITR for the previous 2 years
2. Any of the following documents as address proof:
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
SSI Registered Certificate
Sales Tax Certificate
3. Bank statement of the previous 6 months
1. All the following documents as income proof:
Audited Balance Sheet
Profit & Loss Account of the previous 2 years
Company ITR for the previous 2 years
2. Any of the following documents as address proof:
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
SSI Registered Certificate
Sales Tax Certificate
3. Bank statement of the previous 6 months
1. All the following documents as income proof:
Audited Balance Sheet
Profit & Loss Account of the previous 2 years
2. Any of the following documents as address proof:
Telephone Bill
Electricity Bill
Shop & Establishment Act Certificate
SSI Registered Certificate
Sales Tax Certificate
3. Bank statement of the previous 6 months
Frequently Asked Questions
Hamra Loan offers a seamless and convenient Auto Loan application process. You can apply for your Car Loan through Our Official Website. Also, if you are an existing customer, you may be eligible to get a pre-approved Car Loan in just Minutes. For more information, you can Mail info@hamraloan.com.
Before you apply for car finance, it is important to determine how much EMI you are comfortable paying. To know about the EMI you might have to pay, you can use the Hamra Loan Car Loan EMI Calculator.
You should check your Car Loan eligibility before applying. Both of these steps will allow you to prepare for your Car Loan application process.
Here are some tips to get your Car Loan approved faster:
- Get your Know Your Customer (KYC) details handy.
- If you apply for a Car Loan online, it can get processed and approved faster.
- Being an existing customer makes you eligible for a pre-approved Car
Loan that you can get in just minutes.
Yes. Hamra Loan offers you up to 100% on-road funding for selected models of cars.
There’s no specified minimum credit score for getting a Car Loan from HDFC Bank. But a lower credit score can reduce the loan amount you can get. A credit score above 750 is considered excellent for loans. This will allow you to get a higher loan amount at the most affordable Car Loan rates.
Hamra Loan allows you to avail of zero-down payment Car Loans. For select cars, the bank provides 100% financing of the on-road price of your car. This eliminates the burden of a down payment.
Hamra Loan offers flexible tenure for Car Loan products. While the minimum tenure is 12 months, the maximum loan tenure you can avail of is up to 8 years for EVs. View tenures for Custom-Fit and Balloon EMI Car Loans here