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5-4-187/6/3, Ranigunj, Lane Beside Budha Bhawan, Necklace Road, Secunderabad-500 003.
Mon - sat : 09.00 AM - 09.00 PM
+91 9885169808
// Our Services //

Explore Our Premier Car Loan Services

Car Loan Overview

Comprehensive Car Loan Solutions

At VimalFinCorp, we offer expertly crafted car loan solutions designed to cater to your unique needs. Our offerings include competitive loan packages with minimal processing fees, high eligibility up to 80% of the on-road price, and the advantage of no pre-payment penalties or foreclosure charges.

Minimal Processing Fees

High Loan Eligibility

No Pre-Payment Penalties

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Interest Rates

Competitive Interest Rates

Our car loan interest rates are tailored to fit your financial profile. We consider various factors including loan amount, salary, employer category, and repayment capacity to offer the most favorable rates. Benefit from lower interest rates on higher loan amounts and optimized rates based on your income and employer status.

Optimized Rates Based on Loan Amount

Income-Based Rate Adjustments

Employer Category Considerations

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Eligibility Criteria

Eligibility Criteria

To determine your eligibility for a car loan, we assess key factors such as age, income, job stability, and loan amount. We offer loans to individuals aged 21 to 65, and evaluate your income and employment status to ensure a smooth and successful loan application process.

Age Requirements: 21-65 Years

Income-Based Eligibility

Job Stability Considerations

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Required Documents

Required Documentation

To facilitate a smooth loan application process, we require specific documentation based on your employment status. Whether you are salaried or self-employed, our list includes identity proof, income documents, and residential address proof to ensure your application is processed efficiently.

Documentation for Salaried Employees

Documentation for Self-Employed Individuals

Proof of Identity and Income

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// Documents Required //

Required Documents for Car Loans

For Salaried Employees:

  • Completed Loan Application Form
  • Two Passport-Sized Photographs
  • Guarantor
  • Proof of Address: Recent utility bills (gas, electricity) or residential address proof (Leave and License Agreement, Registered Rent Agreement, Utility Bill up to 3 months old, or Passport)
  • Income Documentation: Recent 3-month salary slip, 2 years' Form 16, and the latest 6 months' bank statements showing salary credit and any EMI debits
  • Identity Proof: Aadhaar Card, Passport, Driving License, Voter ID, or PAN Card
  • Quotation of Car: Detailed quotation from the car dealership
  • Income Tax PAN Copy: Proof of tax identification number
  • Vehicle Registration Certificate and Insurance

For Self-Employed Individuals:

  • Completed Loan Application Form
  • Two Passport-Sized Photographs
  • Guarantor
  • Proof of Address: Recent utility bills (gas, electricity) or residential address proof (Leave and License Agreement, Registered Rent Agreement, Utility Bill up to 3 months old, or Passport)
  • Income Documentation: Recent 3-month income statement, 2 years' Form 16, and the latest 6 months' bank statements showing income and any EMI debits
  • Identity Proof: Aadhaar Card, Passport, Driving License, Voter ID, or PAN Card
  • Quotation of Car: Detailed quotation from the car dealership
  • Income Tax PAN Copy: Proof of tax identification number
  • Vehicle Registration Certificate and Insurance

Why Choose Us

  • Wide range of financing options.
  • Preferred interest rates for our regular customers.
  • Loan tenures up to 3 years. (T&C)
  • Lowest EMI.
  • SUPER FAST – Processing Loan.
  • Funding available up to 80% of car value* (T&C).
  • All Loan documentation under one roof.
  • Door step documentation assistance available on request.

Key Features

  • Competitive EMI and Car loan interest rates.
  • Repayment Tenure of 3 years.
  • Provides financing on ‘Ex. Showroom Price’.
  • We take Advance EMI.

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// Types of Loan //

Explore Our Loan Options

New Car Loan
New Car Loan

Finance your new car with attractive interest rates and flexible terms. Enjoy seamless processing and get behind the wheel of your dream car faster.

  • Competitive interest rates
  • Flexible repayment tenures
  • Quick approval process
  • No prepayment charges
Used Car Loan
Used Car Loan

Get financing for your used car with competitive rates and easy approval. We offer tailored solutions to make your used car purchase smooth and affordable.

  • Flexible loan amounts
  • Quick disbursal
  • Minimal documentation
  • Affordable EMIs
Loan Against Car
Loan Against Car

Leverage your car’s value for quick financing with favorable terms. Our loan against car offers quick processing and minimal paperwork to help you get the funds you need.

  • Instant approval
  • High loan amount based on car value
  • Flexible repayment options
  • Easy documentation process