Car Loan: Drive Your Dream Car Home with The Loan Mall

At The Loan Mall in Lucknow, we believe the joy of owning a car, whether brand new or pre-owned, should be accessible to everyone. As your trusted loan consultant, we streamline the process of securing a Car Loan, helping you drive away in your desired vehicle with ease and at the best possible interest rates.

Why choose The Loan Mall for your Car Loan?
  • Loans for New & Used Cars: We offer comprehensive consultancy for both new car loans and used car loans . Whether you're looking for the latest model straight from the showroom or a reliable pre-owned vehicle, we have solutions tailored for you.
  • Competitive Interest Rates: Our strong partnerships with leading banks and financial institutions allow us to secure some of the most attractive interest rates in the market. While new car loan rates generally start lower (around 7.25% - 9.15% p.a.), we also find excellent deals for used cars, understanding that rates for pre-owned vehicles can be slightly higher (starting from 9.40% - 11.25% p.a. depending on vehicle age and other factors).
  • Flexible Financing: We can help you secure financing for a significant portion of the car's value, often up to 90-100% of the ex-showroom price for new cars and a high percentage of the valuation for used cars.
  • Easy Eligibility & Documentation: We simplify the eligibility criteria and document preparation. Generally, individuals need to be between 21 and 65 years of age (with some variations for self-employed individuals), have a stable income source, and a good credit score (700-750+ is preferred).
    • Common Documents include:
      • KYC Documents: PAN Card, Aadhaar Card, Passport, Voter ID, Driving License (for identity and address proof).
      • Income Proof: Latest salary slips (3-6 months) and Form 16/ITR for salaried individuals; ITRs, audited financials, and business proof for self-employed.
      • Bank Statements: Last 6-12 months' bank statements.
      • Vehicle Documents: Proforma Invoice (for new car), Registration Certificate (RC), and valuation report (for used car).
  • Flexible Repayment Tenures: Choose a repayment period that suits your financial comfort, typically ranging from 1 to 7 years (12 to 84 months) , allowing for manageable EMIs.
  • Transparent Process: We ensure complete transparency regarding all fees, charges, and terms, so you can make informed decisions without any hidden surprises.
Don't let financing stand between you and your dream car. Contact The Loan Mall today for a personalized car loan consultation and let us help you hit the road!