Car Loans

Average car loan size jumps 49% in 7 years as buyers shift to SUVs

TransUnion CIBIL data shows average passenger-vehicle loan sizes rose 49 per cent between H1 2019 and H1 2026, while repayment tenures increased by five months to 62 months

Average loan size for PVs rises 49% to ₹8.2 lakh in 7 years: Report

The average passenger vehicle loan amount rose 49 per cent to Rs 8.2 lakh in the first half of 2026 from the corresponding period in 2019, while the average repayment tenure rose by five months to 62 months, suggesting rising car prices and consumer aspirations, a TransUnion CIBIL report said on Tuesday. According to the report, 'Shifting Gears 2026- Credit Drives Today's Mobility', premiumisation, driven by demand for SUVs and feature-rich cars, was extending beyond metropolitan cities, with 51 per cent of borrowers taking loans for higher-value cars in the January-June period coming from semi-urban and rural areas. NBFCs continued to lead vehicle financing, accounting for 73 per cent of two-wheeler loans and 37 per cent of passenger vehicle loans. The active passenger vehicle borrower base reached 2.5 crore as of June 2026, 1.7 times the June 2019 level. Delinquency in passenger vehicle loans, measured by balances overdue for more than 90 days, declined to 0.5 per cent from the ..

Cars24 August GMV rises 37% to ₹937 crore, net revenue grows 46%

Monthly performance translates into annualised transaction GMV run-rate of around Rs 11,000 crore; adjusted net revenue run-rate crosses Rs 2,000 crore

Car loans: Best interest rates and what buyers should know

With rising car prices and growing EV push, loans are helping buyers manage costs by spreading payments over manageable tenures aligned with monthly income

What are the best car loan interest rates available today?

Check out a range of car loan interest rates available from banks for a 5 year-period as well as associated EMIs for each

BoB slashes car loan rates by 30 bps to 7.6%, effective immediately

State-owned Bank of Baroda (BoB) on Monday announced a 30-basis-point reduction in its car loan interest rates, effective immediately. The bank's floating rate now starts from 7.6 per cent per annum, BoB said in a statement. The bank also offers an attractive fixed rate of interest on Baroda car loans, starting at 8.5 per cent per annum. The new rate beginning at 7.6 per cent is available on the purchase of a new car and is linked to a borrower's credit profile, it said. In addition to a reduced rate of interest, the bank is also offering borrowers zero prepayment/part-payment charges on floating rate car loans for individual borrowers, it said. Further, the interest on Baroda Car Loans - both fixed and floating loans - is calculated on the daily reducing balance method, making it even more affordable for borrowers, it said. Customers can also benefit from an extended repayment tenure of up to 84 months, providing enhanced financial flexibility, it added.

Car loan rates in January 2026 start at 7.4%, EMIs below Rs 10,000

Check EMIs, interest rates and processing fees across top banks

Car loan rates start at 7.6%: Check latest bank deals, estimated repayments

Car loan rates range 7.6% to 14.25% in August, with lowest EMIs near Rs 10,000 and some banks offering zero processing fees

Car loans start from 7.6% in August: Check fee waivers & bank deals here

Car Loan rate in August: EMIs ease for new car buyers this month as some banks cut rates to 7.6% and waive fees; festive offers and concessions could save you thousands on upfront costs.

Buying a new car? Here are the best car loan rates and charges

Buying a new car is an exciting moment, but be careful of charges that banks may impose, and make sure to pick the best car loan available in the market

BoM, BoB reduce lending rates following RBI's recent policy action

Bank of Maharashtra cuts retail loan rates by up to 50 bps; Bank of Baroda trims MCLR on select tenors with effect from 12 June as banks align with RBI move

Considering a new car? Here are best loan rates offered by 18 companies

The information is on monthly installments, processing fees and rebates

Drive home your dream car: Find hidden deals & best loan rates by banks

Processing fees and rules of top lenders listed to help you make a decision

Managing multiple loans: Lower interest cost via debt consolidation

Borrowers with multiple loans-such as credit card, personal, and home loan-can pool them into one large loan with a lower interest rate

Car loan rates, terms and processing fees explained in single table

Processing fees and rules of top lenders listed to help you make a decision

Car loan rates, terms and processing fees put together in one table

Processing fees and rules of top lenders listed to help you make a decision

Car loan rates, terms and processing fees explained in one table

Processing fees and rules of top lenders listed to help you make a decision

Car loan rates, terms and processing fees explained in one table

Processing fees and rules of top lenders listed to help you make a decision

Car loan rates, terms and processing fees explained in one table

Processing fees and rules of top lenders listed to help you make a decision

Rates for car loans, terms and processing fees collected in one table

Offers of 18 companies put together to help you make an informed decision