Get the Tata Capital App to apply for Loans & manage your account. Download Now

Blogs

SUPPORT

New Car Loan

Equipment Finance

Avail Digital Equipment Loans
up to Rs. 1 Crore

  • Attractive ROIs
  • Customizable Loan tenure

Equipment Leasing

Avail Leasing solutions
for all asset classes

  • Up to 100% financing
  • No additional collateral required

New Commercial Vehicle Financing

  • First time user
  • Retail and strategic Clients

Used Commercial Vehicle finance

  • Repurchase
  • Refinance
  • Top up
  • Balance Transfer

Documents Needed for Car Finance

General documents required for New Car Loan are as follows:

  • Voter's ID/Passport/Driving License/Aadhaar Card
  • Income Proof – Copy of last three months' bank statements, Copy of latest 2 years Income Tax Returns (ITR)/audited Balance Sheet, and Profit and Loss Statements along with last three months' Bank Statements
  • Copy of Salary Slips for the last three months
  • Proof of Residence : A copy of your Voter ID / Passport / Driving License / Aadhaar Card
  • Copy of Invoice
  • Copy of signature along with proof

Car Loan Documents for Salaried Individuals

The new car loan documents required will vary depending on your employment type.

  • Photo identity proof : Voter's ID/Passport/Driving License/Aadhaar Card
  • Salary Slips: A copy of your salary slips for the last three months
  • Proof of Residence:  A copy of your Voter ID / Passport / Driving License / Aadhaar Card

Car Loan Documents for Self Employed

  • Photo Identity Proof: Voter's ID/Passport/Driving License/Aadhaar Card 
  • Signature Proof: A copy of your signature along with signature proof
  • Proof of Residence : A copy of your Voter ID / Passport / Driving License / Aadhaar Card
  • Income Proof: A copy of your 2 years Income Tax Returns (ITR), audited Balance Sheet, and Profit and Loss statements, along with bank statements for the last three months 
     

Self-employed partnership

  • Photo Identity Proof: Voter's ID/Passport/Driving License/Aadhaar Card
  • Income Proof: A copy of your three months Bank Statement is required along with Audited Balance Sheet & Profit and Loss Statement. The Accelerated Book Build should also be 0.5 times the EMI.
  • Business Proof: A copy of your company's registered Partnership Deed/ Certificate of Incorporation for public and private limited companies, including Memorandum and Articles of Association along with a copy of the Commencement of Business certificate.
  • Proof of Residence : A copy of your Voter ID / Passport / Driving License / Aadhaar Card
     

Self employed others

  • Photo Identity Proof: Voter's ID/Passport/Driving License/Aadhaar Card
  • Proof of Residence : A copy of your Voter ID / Passport / Driving License / Aadhaar Card
  • Income Proof: A copy of your 2 years Income Tax Return documents, audited balance sheet, Profit and Loss statement, and bank statements for the last 3 months.
  • Certificate of Ownership: A copy of your Registered Partnership Deed or Certificate of Incorporation of Public and Private Limited Companies, including Memorandum and Articles of Association.

Car Loan EMI Calculator

Loan amount
₹75,000 ₹35,00,000
Loan duration
1 Years 6 Years
Loan duration
12 Months 72 Months
Rate of interest
%
10% p.a 19% p.a

Monthly EMI

  • Total Amount Payable

    0*

  • Total Interest Payable

    0*

Total Amount Payable

Total Interest Payable

Blogs on Car Loan

Vehicle Loan
Vehicle Loan
13 February, 2025
Vehicle Loan
Vehicle Loan
13 February, 2025
Vehicle Loan
Vehicle Loan
16 December, 2024
Vehicle Loan
Vehicle Loan
16 December, 2024

Beware of Frauds!

For any assistance, contact our customer support