Best Car Loan Options in India 2025

Best Car Loan Options in India 2025 | SwipeLoan
Planning to buy a new or used car in 2025? Finding the right car loan is just as important as choosing the right vehicle. With rising vehicle prices and new financing trends, it is essential to know the best car loan options in India that offer competitive interest rates, flexible terms, and fast disbursals.

In this guide, we break down the top options and also show how SwipeLoan helps you get the best deal without any hassle.

What Makes a Car Loan the Best in 2025
Before choosing any lender, keep these points in mind

Interest rates and processing fees

Loan amount and margin money required

Tenure flexibility

Prepayment or foreclosure charges

Digital approval process and speed of disbursal

Now, let us look at the best car loan options available this year

Top Car Loan Options in India 2025
1. SwipeLoan – Fast, 100 Percent Digital Car Loans
SwipeLoan offers instant online approval with up to 100 percent on-road price funding. Ideal for salaried and self-employed individuals.

Loan amount up to 100 percent of car value

Instant digital approval

Flexible tenures from one to seven years

Low documentation and transparent terms

2. HDFC Bank Car Loan
Known for attractive interest rates and strong customer service, HDFC Bank offers loans for new and used vehicles.

Quick turnaround time

Loans for up to seven years

Funding up to 90 percent of on-road price

3. SBI Car Loan
A government-backed option with reliable service and lower interest for women borrowers.

Loan up to 90 percent of on-road price

Special rates for electric vehicles

Zero processing fee offers during festive seasons

4. ICICI Bank Car Loan
Offers pre-approved car loans for existing customers with minimal paperwork.

Quick disbursal for salaried professionals

Pre-approved loan facility

Competitive rates for premium cars

5. Axis Bank Car Loan
Good option for both new and used car loans with flexible EMI options.

Digital application process

Att