Key Loan Terms & Parameters
Interest Rates
8.75% - 12% p.a.
Max Loan Amount
Up to ₹50 Lakhs
Loan Tenure
1 to 7 Years
Processing Fee
₹3,000 flat processing fee
Eligibility Criteria
Lending partners verify these criteria during physical or telephonic authentication:
- Age: 21 to 65 years
- Employment: Salaried, Self-employed business owners, or agriculturists
- Min. Income: ₹2.5 Lakhs per annum
- Min. CIBIL Score: 680+
Required Documents Checklist
No File Uploads Needed: Perfect Lender is purely informational and referral. We will never ask you to upload PAN, Aadhaar, or statements on this website. Keep these copies ready for bank agents when they visit or contact you.
- Identity and Address Proof
- Income Proof: Salary slips (3 months) or ITR (2 years)
- Bank Statements: Last 6 months showing operations
- Car Quotation: Proforma Invoice from authorized car dealer
Lender Rates Comparison (5 Partners)
| Bank / Partner | Featured Rate (p.a.) | Processing Fee Estimate |
|---|---|---|
| HDFC Bank | Starting 8.4% | ₹3,000 flat processing fee |
| ICICI Bank | Starting 8.5% | ₹3,000 flat processing fee |
| State Bank of India (SBI) | Starting 8.35% | ₹3,000 flat processing fee |
| Axis Bank | Starting 8.6% | ₹3,000 flat processing fee |
| Tata Capital | Starting 9.25% | ₹3,000 flat processing fee |
Calculate Car Loan EMI
Loan Amount (₹)₹8,00,000
₹1,00,000₹50,00,000
Interest Rate (% p.a.)8.75%
5.0%25.0%
Tenure (Years)5 Years (60 Mos)
1 Year7 Years
Estimated Monthly EMI
₹16,510
Total Cost₹9,90,587
Principal₹8,00,000
Interest Cost₹1,90,587
Have Questions?
Speak directly to our referral desk. We coordinate with HDFC, ICICI, SBI, and other partners to resolve your queries instantly.