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IDBI Bank Car Loans


IDBI Bank offers car loans to help you purchase your dream car with ease. Whether you are looking to buy a new car or a used car, IDBI Bank has flexible loan options to suit your needs.

Features of IDBI Bank Car Loans:

  • Competitive interest rates
  • Flexible repayment tenure
  • No prepayment charges
  • Quick loan approval
  • Hassle-free application process

Eligibility Criteria:

To be eligible for an IDBI Bank car loan, you must meet the following criteria:

  • Age between 21 and 70 years
  • Regular source of income
  • Good credit score

Documents Required:

  • Identity proof
  • Address proof
  • Income proof
  • Vehicle documents

How to Apply:

You can apply for an IDBI Bank car loan online through the bank's official website or visit a branch near you to apply in person. Make sure to have all the required documents handy for a smooth application process.

Contact Information:

If you have any queries or need more information about IDBI Bank car loans, you can contact the bank at the following:

  • Customer Care: 1800 200 1947
  • Email: customercare@idbi.co.in

IDBI Bank Car Loans - Frequently Asked Questions


1. What are the eligibility criteria for applying for a car loan at IDBI Bank?

Applicants must be at least 21 years old and have a regular source of income to be eligible for a car loan at IDBI Bank.

2. What is the maximum loan amount I can get for a car loan at IDBI Bank?

The maximum loan amount for a car loan at IDBI Bank is up to 90% of the on-road price of the car.

3. What documents are required to apply for a car loan at IDBI Bank?

The documents required for a car loan at IDBI Bank include identity proof, address proof, income proof, and KYC documents.

4. Is it mandatory to have a co-applicant for a car loan at IDBI Bank?

No, having a co-applicant is not mandatory for a car loan at IDBI Bank, but it can increase your chances of approval.

5. What is the maximum repayment tenure for a car loan at IDBI Bank?

The maximum repayment tenure for a car loan at IDBI Bank is up to 7 years.

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