Drive Home Your Next Car Without Dealership Markups.
Dealerships often push high flat-rate finance deals loaded with hidden commissions. Trueways compares 30+ top banks and NBFCs to secure you genuine reducing-balance interest rates, up to 100% on-road funding, and zero prepayment surprises.
- Up to 100% On-Road Funding for Eligible Salaried Profiles
- Pure Reducing Balance Rates — No Deceptive Flat-Rate Math
- Flexible Tenures from 1 to 7 Years with Quick Sanctions
Check Your Auto Loan Rate
Pre-approved quotes · No impact on CIBIL score
8.75%*
Starting Interest Rate
Up to 100%
On-Road Price Funding
Up to 7 Yrs
Repayment Tenure
48 Hrs
Turnaround to Disbursal
TAILORED VEHICLE CREDIT
Choose the Loan Built for Your Next Vehicle
Up to 100% On-Road Funding
Competitive reducing interest rates for personal passenger vehicles. Covers ex-showroom price, road tax, and comprehensive insurance.
Up to 85% of Valuation
Financing for certified pre-owned vehicles with simplified transfer of ownership, rapid vehicle technical valuation, and flexible tenures up to 5 years.
Unlock Equity from Your Paid-Off Vehicle
Use your existing car as collateral to unlock liquidity at lower interest rates than unsecured personal loans, while keeping full possession of the vehicle.
Auto Loan EMI Calculator
Factor in your on-road vehicle price, upfront down payment, interest rate, and tenure to estimate your monthly payments instantly.
HOW IT WORKS
From Quotation to Showroom Delivery in 4 Steps
Step 01: Vehicle Quotation & Eligibility:
Share your pro-forma dealer invoice and income details to identify top-match lending partners.
Step 02: Rate & EMI Benchmark:
Compare reducing APRs, processing fee waivers, and foreclosure clauses across 30+ lenders.
Step 03: Digital KYC & Sanction:
Fast-track verification with minimal physical paperwork to receive an official bank sanction letter.
Step 04: Delivery Order & Disbursal:
Bank issues the Delivery Order (DO) directly to your dealership so you can drive away your car.
Eligibility Criteria
- Age: 21 to 65 years (at loan maturity)
- Employment: Salaried (Private/MNC/Govt) or Self-Employed (Business/Professionals)
- Minimum Monthly In-Hand Salary: ₹25,000+ (or ₹3 Lakhs annual ITR for business owners)
- Credit Score: 720+ (750+ secures the lowest interest rate tiers)
- Employment Stability: Minimum 1 year total work experience (or 2+ years in business)
Required Documentation
- KYC Proofs: PAN Card (mandatory) and Aadhaar Card / Passport
- Income (Salaried): Last 3 months' salary slips + Form 16 (2 years)
- Income (Self-Employed): Last 2 years' audited ITR with computation & financial statements
- Banking Records: Last 6 months' salary bank account statements (PDF format with e-statement authentication)
- Vehicle Details: Pro-forma invoice from the authorized car dealership (or RC copy for used cars)
READY TO GET BEHIND THE WHEEL?
Lock In the Lowest Auto Loan Rate Today.
Book a 15-minute consultation with a Trueways vehicle loan advisor. No dealer markups, no spam calls, and rapid sanction letters.