Covers the widest range of cars and multi-utility vehicles in India.
	Upto 100% finance on your favourite car.**
	Flexible repayment options, ranging from 12 to 84 months.
	Borrow up to 3 times your annual salary (for salaried professionals) and 6 times your annual income (for self employed professionals)*.
	Speedy processing - within 48 hours.
	Repay with easy EMIs.
	Attractive Interest rates
	Hassle-free documentation.
	Customer Privileges If you are an HDFC Bank account holder, we have special rates for you. If you have had a Preferred Account or a Corporate Salary Account with HDFC Bank for more than six months, you can get fast approvals on your loans with minimal documentation. If you are an existing HDFC Bank Car Loan customer with a clear repayment of 12 months or more we can Top-Up your car loan to the extent of the original loan value. *This would also vary with higher loan value **Offers on specific models .Terms and conditions apply.

	Choose any car manufactured in India within a certain age*.
	Borrow up to 80% of the value of the car.
	Flexible repayment options, ranging from 12 to 60 months.
	Borrow up to 3 times your annual salary (for salaried professionals) and 6 times your annual income (for self employed professionals)**.
	Available for almost all car models at attractive interest rates.
	Repay with easy EMIs.
	Additional loan on existing loan - If you are a existing HDFC Bank Auto loan customer with a clear track record of 12 months or more, then you can get an additional loan to the extent of your existing loan amount at attractive rate of interest.
	Customer Privileges Special benefits for HDFC Bank account holders. If you have had a Preferred Account or a Corporate Salary Account with HDFC Bank for more than six months, you can get fast approvals on your loans with minimal documentation.
	* Age of Car at loan maturity should not cross 10 years subject to maximum loan tenure of 60 months. **This would also vary with higher loan value

Salaried Individuals Self Employed Partnership Firms Private Limited Company Public Limited Company

Salaried Individuals Eligibility Criteria: Minimum age of Applicant: 21 years Maximum age of Applicant at loan maturity: 58 years Minimum employment: 1 year in current employment and minimum 2 years of employment Minimum Annual Income: Rs 100000 net annual income Telephone: Must at residence Documents required: Proof of Identity:- Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible) Income Proof:- Latest salary slip with form 16. Address Proof:- Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card. Bank Statement:- Not mandatory

Self Employed Eligibility Criteria: Minimum age of Applicant: 21 years Maximum age of Applicant at loan maturity: 65 years Minimum employment: Atleast 3 years in business Minimum Annual Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars Telephone: Must at residence Documents required: Proof of Identity:- Passport copy, PAN Card, Voters Id car, driving licence( Laminated, Recent, Legible) Income Proof:- Latest ITR Address Proof:- Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card Bank Statement:- Waived for small cars, for mid - sized and premium cars if income Is greater than Rs. 1.5 lacs then bank statement requirement can be waived.

Partnership Firms Eligibility Criteria: Minimum Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars Minimum turnover: Turnover Rs. 4.5 lacs Telephone: One phone at least at business and at residence of the loan executing partner Documents required: Proof of Identity:- NA Income Proof:- Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company Address Proof:- Telephone Bill/Electricity Bill/Shop & Establishment Act certificate/SSI registered certificate/Sales Tax certificate Bank Statement:- Waived for small cars, for mid - sized and premium cars if income Is greater than Rs 1.5 lacs then bank statement requirement can be waived

Private Limited Company Eligibility Criteria: Minimum Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p a for mid-sized and premium cars Minimum turnover: Turnover Rs 4.5 lacs Telephone: One phone at least at business premises Documents required: Proof of Identity:- NA Income Proof:- Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company Address Proof:- Telephone Bill/Electricity Bill/Shop & Establishment Act certificate/SSI registered certificate/Sales Tax certificate Bank Statement:- NA

Public Limited Company Eligibility Criteria: Minimum Income: Net profit Rs. 60000 p.a for standard cars and Rs.100000 p a for mid-sized and premium cars Minimum turnover: Turnover Rs 4.5 lacs Telephone: One phone at least at business premises Documents required: Proof of Identity:- NA Income Proof:- Audited balance sheet, Profit & Loss Account for latest two years Address Proof:- Telephone Bill/Electricity Bill/Shop & Establishment Act certificate/SSI registered certificate/Sales Tax certificate Bank Statement:- NA

Salaried Individuals Self Employed Partnership Firms Private Limited Company Public Limited Company HUF

Salaried Individuals Eligibility Criteria Minimum age of Applicant: 21 years Maximum age of Applicant at loan maturity: 60 years Minimum employment: 1 year in current employment and minimum 2 years of employment Gross household income i.e. including income of the spouse: Rs 100000 net annual income Telephone: Necessary at residence Documents required: Age Proof: Any one of Passport copy, PAN Card, Voters ID card, Photo driving licence with birth date ( laminated, recent , legible), Photo ration card with DOB, Employer certificate/ID, School/College Leaving certificate. Proof of Identity: Any one of Passport copy, PAN Card, Voters ID card, Photo driving licence with birth date, Photo ration card with DOB. Income Proof: Latest salary slip with latest form 16/latest ITR. HDFC Bank corporate salary account statement for salary credits of above Rs 8000 for three months. Address Proof: Any one of Photo Ration card with DOB, Photo Driving licence with DOB, Passport copy, Telephone bill, Electricity bill, Credit Card statement with credit card copy, Employer certificate/ID. Sign Verification Proof: Any one of Passport copy, Photo driving licence with birth date ( laminated, recent , legible), Credit Card statement with credit card copy, Banker's verification, Copy of margin money paid to bank.

Self Employed Eligibility Criteria Minimum age of Applicant : 21 years Maximum age of Applicant at loan maturity : 65 years Minimum employment : Atleast 3 years in business Minimum Annual Income : 60000 Telephone: Necessary at residence Documents required: Age Proof: Any one of Passport copy, PAN Card, Voters ID card, Photo driving licence with birth date ( laminated, recent , legible), Photo ration card with DOB, Employer certificate/ID, School/College Leaving certificate. Proof of Identity: Any one of Passport copy, PAN Card, Voters ID card, Photo driving licence with birth date ( laminated, recent , legible), Photo ration card with DOB. Income Proof: Latest ITR / Previous ITR with Adv. Tax paid challan / latest IT asessment order. Address Proof: Any one of Photo Ration card with DOB, Photo Driving licence with DOB, Passport copy, Telephone bill, Electricity bill, Credit Card statement with credit card copy, Employer certificate/ID. Sign Verification Proof: Any one of Passport copy, Photo driving licence with birth date (laminated, recent , legible), Credit Card statement with credit card copy, Banker's verification, Copy of margin money paid to bank.

Partnership Firms Eligibility Criteria Minimum Income : Rs. 60000 p.a Minimum turnover : Turnover Rs 4.5 lacs Telephone: Landline at office and at residence of the loan executing partner. Post-paid mobile phone of three month vintage acceptable in case of landline at only one place. Documents required: Age Proof: Partnership deed. Proof of Identity: Partnership deed. Income Proof: Latest ITR and latest Balance Sheet along with Profit and Loss Account. In case of Business turnovers exceeding 40 lacs or Professional turnovers exceeding 10 lacs, the Balance sheet needs to have been audited and in which case the latest Income Tax Return need not be taken. Address Proof: Partnership deed or any of Telephone bill, Electricity bill. Sign Verification Proof: Any one of Passport copy, Photo driving licence with birth date (laminated, recent , legible), Credit Card statement with credit card copy, Banker's verification, Copy of margin money paid to bank.

Private Limited Company Eligibility Criteria Minimum Income : Rs. 60000 p.a. Telephone: Landline at office Documents required: Age Proof: Memorandum and Articles of Association / Certificate of incorporation. Proof of Identity: Memorandum and Articles of Association / Certificate of incorporation. Income Proof: Latest ITR and latest audited Balance Sheet along with Profit and Loss Account. Address Proof: Memorandum and Articles of Association / Certificate of incorporation or any of Telephone Bill, Electricity Bill. Sign Verification Proof: Any one of Passport copy, Photo driving licence with birth date (laminated, recent , legible), Credit Card statement with credit card copy, Banker's verification, Copy of margin money paid to bank.

Public Limited Company Eligibility Criteria Minimum Income : 60000 p.a. Telephone: Landline at office Documents required: Age Proof: Memorandum and Articles of Association / Certificate of incorporation. Proof of Identity: Memorandum and Articles of Association / Certificate of incorporation. Income Proof: Latest ITR and latest audited Balance Sheet along with Profit and Loss Account. Address Proof: Memorandum and Articles of Association / Certificate of incorporation or any of Telephone Bill, Electricity Bill. Sign Verification Proof: Any one of Passport copy, Photo driving licence with birth date (laminated, recent , legible), Credit Card statement with credit card copy, Banker's verification, Copy of margin money paid to bank.

HUF Eligibility Criteria Minimum income : Rs 60000 p.a. For HUFs, Karta to be co-applicant in his individual capacity. Telephone: Landline at office and at residence of the loan executing partner. Post-paid mobile phone of three month vintage acceptable in case of landline at only one place.

Description of charges	New Car Loans
Cheque bouncing charges	Rs. 450
FC Charges	6 % of POS for preclosures within 1 year from 1st EMI 5% of POS for preclosures within 13-24 months from 1st EMI 3% of POS for preclosures post 24 months from 1st EMI No foreclosure allowed within 6 months from date of availing the car loan
Stamp Duty	At actuals
Late Payment Penalty	2% per month
Processing fees	Upto 2.5 Lacs : Rs.2000/- 2.51 to 4 lacs : Rs.3000/- > 4 Lacs :Rs. 3500/-
Agri /PSL Charges	Rs 2000
Cheque swapping charges	Rs 500/-
Loan cancellation / re-booking charges	Rs 1000/-
Bounce Cheque Charges	Rs 450/-
Statement Charges (per statement)	Rs 500/-
Duplicate Repayment Schedule charges	Rs 500/-
Legal, Repossession & Incidental charges	At actuals
Duplicate no due certificate / NOC	Rs 500/-
Transaction fees for Suraksha Kavach	Rs 500/- per case
Original RC Book Handling Charges	Rs. 500/- Per RC book

Description of charges	Used Car Loans
Cheque bouncing charges	Rs. 450
FC Charges	6% of POS for preclosures within 1 year from 1st EMI
	5% of POS for preclosures within 13-24 months from 1st EMI
	3% of POS for preclosures post 24 months from 1st EMI
	No foreclosure allowed within 6 months from date of availing the car loan.
Stamp Duty	At actuals
Late Payment Penalty	2% per month
Processing fees	Used cars -2% of loan amount or Rs.5000/-, whichever is lower
	Car-n-cash / Balance Transfer - 2% of Loan amount or Rs.4000/-, whicever is lower
Agri /PSL Charges	Rs 2000
Cheque swapping charges	Rs 500/-
Loan cancellation / re-booking charges	Rs 1000/-
Bounce Cheque Charges	Rs 450/-
Statement Charges (per statement)	Rs 500/-
Duplicate Repayment Schedule charges	Rs 500/-
Legal, Repossession & Incidental charges	At actuals
Duplicate no due certificate / NOC	Rs 500/-
Transaction fees for Suraksha Kavach	Rs 500/- per case
Original RC Book Handling Charges	Rs. 500/- Per RC book

Who can avail of HDFC Bank New Car Loans? Which cars can be financed? How much finance can I avail of? What are the tenure options? How long will it take to process the loan? Do I have the option of pre-paying the entire loan amount? If I don't have an account with HDFC Bank, can I still avail of loans? Do I need a guarantor?

Who can avail of HDFC Bank Used Car Loans? We offer New Car Loans to the following: Salaried individuals in the age group of 21 to 60 years (at the end of the tenure) Self-employed individuals in the age group of 21 to 65 years (at the end of the tenure) Partnership Firms Public & Private Ltd. companies HUFs and Trusts Please visit Eligibility & Documentation to know more.

Which cars can be financed? HDFC Bank finances most passenger cars and multi-utility vehicles manufactured by India's leading automobile companies.

How much finance can I avail of? You can borrow up to 90% of the invoice value. However, the minimum loan amount is Rs.50000.

What are the tenure options? The choice is yours. You can choose any repayment option from 12 to 84 months all specially designed to suit your requirements.

How long will it take to process the loan? Within 48 hours of completing documentation.

Do I have the option of pre-paying the entire loan amount? Yes. One can pre-pay the loan any time after 6 months of availing of the loan. One merely has to pay a small prepayment fee on the outstanding loan amount.

If I don't have an account with HDFC Bank, can I still avail of loans? Of course, you can get HDFC Bank Car Loans. You need not necessarily have an account with us.

Do I need a guarantor? Generally no. But if your income does not meet our credit criteria, then you may be required to have a guarantor to stand surety for your loan.

Who can avail of HDFC Bank Used Car Loans? Which cars can be financed? How much finance can I avail of? What are the tenure options? How long will it take to process the loan? If I don't have an account with HDFC Bank, can I still avail of loans? Do I need a guarantor?

Who can avail of HDFC Bank Used Car Loans? We offer Used Car Loans to the following: Salaried individuals in the age group of 21 to 60 years (at the end of the tenure) Self-employed individuals in the age group of 21 to 65 years (at the end of the tenure) Partnership Firms Public & Private Ltd. companies HUFs and Trusts Please visit Eligibility & Documentation to know more.

Which cars can be financed? HDFC Bank finances most of the passenger cars manufactured by India's leading automobile co.s which includes vehicles like Maruti-800, Omni, Zen, WagonR, Esteem, Baleno, Tata Indica, Indigo, Tata Spacio, Honda City, Hyundai Santro, Getz and Accent, Ford Ikon, Toyota Corolla, Skoda Octavia etc. So choose the car from the extensive list and apply online now.

How much finance can I avail of? You can borrow up to 80% of the invoice value.

What are the tenure options? The choice is with you. You can choose from any of the 5 well-placed repayment option of 12,24,36,48 or 60 months all specially designed to suit your requirements.

How long will it take to process the loan? Within 48 hours of completing documentation.

If I don't have an account with HDFC Bank, can I still avail of loans? Of course, you can get HDFC Bank Car Loans. You need not necessarily have an account with us.

Do I need a guarantor? Generally no. But if your income does not meet our credit criteria, then you may be required to have a guarantor to stand surety for your loan.