Overview

Are you looking for a new vehicle? Chickly New Car Loan provides car loans ranging from Rs. 1 lakh to 100% on-road price, as well as a slew of other advantages such as a flexible repayment schedule. If you want to purchase a new or used car, you can fund it with a car loan at a low-interest rate.

Why Should You choose Chickly for a Car Loan?

Maximum Financial Support

Chickly will assist you in obtaining a higher sanction for financing your dream vehicle.

Large Vehicle Coverage

Our car loan involves a broad range of cars, Suv’s

Collaborations with Dealers and Manufacturers

We have connections with vehicle dealers and manufacturers, and we make certain that you get the best possible deal.

Get financing for whatever you need now

Enquire Now

Loan Amount

Avail of loans up to Rs 20lakh against your car loan

Attractive Interest Rates

Our car loans offer a fixed and floating interest rate to ensure a smooth ride

Minimal Documentation

With minimal paperwork and a quick, online application process, you can quickly obtain your car loans and make your life look better

Flexible Repayment Options

A new car loan typically has a longer repayment term than a used car loan, and we offer flexible repayment terms ranging from 12 to 84 months.

Eligibility Criteria

  • Age: To obtain a car loan, you must be between the ages of 18 and 65. Many banks, however, require a minimum age of 23 years.
  • Income: To qualify for a car loan, you must have an annual income of Rs 240000
  • Profession: A car loan can be obtained by both salaried and self-employed individuals. Salaried applicants have lower interest rates.
  • Credit Score: A credit score of 700 or higher is ideal for obtaining a personal loan. However, some banks offer personal loans to people with credit scores of 650 or higher.
  • Work Experience: For salaried and self-employed professionals, the minimum work-experience eligible to obtain a car loan varies. To qualify for a car loan, salaried individuals must have a minimum of one year of experience, and self-employed professionals must have a minimum of five years of business existence.

Documents Required

For Salaried Individuals

  • Photo Identity Proof – Copy of Voter’s ID/Driving License/Aadhaar Card/PAN Card/Passport
  • Income Proof – Copy of your Salary account bank statements for the last three months
  • Copy of Salary Slips of the last three months
  • Proof of Residence – Copy of Ration Card/Passport/Electricity Bill
  • Copy of car Registration Certificate
  • Copy of telephone or invoice

For Self-Employed Individuals

  • Photo Identity Proof – Aadhaar Card/Driving License/PAN Card/Passport/Voter’s ID
  • Copy of your signature with signature proof
  • Address Proof – Copy of Utility Bill/Bank Statements/Property Registration documents/Property Tax Receipt/Voter’s ID
  • Income Proof – Copy of revenue enhancement Returns (ITR), audited record, and Profit and Loss Statements together with last