Meca Finance
New Car Loan
We compare new car loan offers from banks and NBFCs so you get a fair rate and tenure — and avoid add-ons you don’t need at the dealership.
Key features
- Finance for hatchbacks, sedans, SUVs and EVs
- Tenures to suit your monthly budget
- Salaried and self-employed applicants
- Fast processing with digital documentation
Who can apply
- Stable monthly income
- Age within lender limits
- Satisfactory repayment history
Documents needed
- PAN card
- Aadhaar card or other address proof
- Passport-size photographs
- Salary slips / ITR
- Last 3–6 months’ bank statements
- Proforma invoice from the dealer
Eligibility criteria and documents vary by lender. Approval, rate and terms are decided by the lender.
FAQ
New Car Loan: common questions
How much of the car price can be financed?
Lenders finance a percentage of the ex-showroom or on-road price depending on the car and your profile. We’ll compare the options for your exact model.
Should I take the dealer’s finance offer?
Sometimes it’s good, sometimes not. We compare it against other lenders so you can decide with the full picture.
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