• Phone:

    +91 7860010011

  • Email:

    contact@relookcapital.com

  • Office Address: B-2 , 2/91, Vibhuti Khand.
    Gomti Nagar.Lucknow-226010. UP

  • Registered Address : 204, Prem Vihar . Sector 62. Noida. Pin -201309. UP

New Car Loan

New Car Loan

A New Car Loan is a secured loan facility that helps individuals purchase their dream car without bearing the entire financial burden upfront. With attractive interest rates, easy EMIs, and minimal paperwork, it is one of the most preferred ways to own a brand-new vehicle.

At Relook, our New Car Loan is designed to offer maximum convenience and affordability. The car itself acts as collateral, allowing you to enjoy competitive rates, flexible repayment options, and higher eligibility based on your income and credit profile.

With tenures ranging from 1 to 7 years, our New Car Loan makes it easy to buy the latest car models with modern features and technology, ensuring comfort, reliability, and enhanced lifestyle benefits.

0.25% to 2% of Loan Amount

Loan Processing Fees

Nill

Loan Cancellation

As per actual

Legal Fees

Nill to 4% (According to bank / NBFC)

Foreclosure

Features and Benefits of Our New Car Loan

  1. High Loan Amount:
    1. Finance up to 100% of the on-road price of your brand-new car.
  2. Affordable EMIs:
    1. Repay conveniently through flexible EMI options or overdraft facilities.
  3. Wide Range of Cars:
    1. Loans available for hatchbacks, sedans, SUVs, luxury cars, and electric vehicles.
  4. Quick Disbursal:
    1. Get fast approvals and drive home your new car without delays.
  5. Attractive Rates:
    1. Enjoy competitive interest rates tailored to your profile.
  6. Credit Score Boost:
    1. Timely repayments on your New Car Loan help you build a stronger credit history.

Eligibility Criteria for New Car Loan

At Relook Leasing & Finance Pvt. Ltd., we provide flexible New Car Loan solutions to help you own the car of your choice with ease.

Age:

Salaried applicants: 21 to 60 years | Self-employed: 25 to 65 years at the end of tenure.

Income:

Minimum annual income of ₹2,50,000 (individual or combined with spouse/co-applicant).

Employment Stability:

Salaried: Minimum 2 years of work experience with at least 1 year in current job.
Self-employed: Minimum 3 years in business with stable income records.

Credit Score:

A minimum score of 680+ is recommended. Higher scores improve approval chances and loan terms.

Loan Amount:

Up to 100% of the on-road price of the car, depending on income and repayment capacity.

Check Eligibility Now

Documents Required for New Car Loan

To process your New Car Loan application at Relook Leasing & Finance Pvt. Ltd., please ensure the following documents are submitted:

  • Proof of Identity
    • Aadhaar Card / PAN Card / Passport / Voter ID / Driving License
  • Proof of Residence / Address
    • Passport / Voter ID / Driving License / Aadhaar Card
    • Utility Bills (Electricity / Telephone) or Ration Card
  • Income Proof
    • Last 2 years’ ITR (for salaried and self-employed)
    • Latest 3 months’ Salary Slips (salaried applicants)
    • Latest 6 months’ Bank Statements
  • Employment / Business Proof
    • Employment Certificate / Office Address Proof
    • For Self-Employed: GST or Business Registration Documents
  • Car-related Documents
    • Proforma Invoice from Car Dealer
    • Quotation / Booking Receipt
  • Other Documents
    • PAN Card
    • Signature Verification Proof
    • Recent Passport-size Photographs

Frequently Asked Questions – New Car Loan

Relook offers up to 100% of the on-road price of the car, depending on your income and repayment capacity.

A credit score of 680+ is preferred. A higher score ensures faster approval and better interest rates.

In most cases, loans cover 90%–100% of the car’s value. A small down payment may be required depending on eligibility and bank policy.

Relook offers flexible repayment tenures ranging from 1 to 7 years, based on your budget and loan amount.

You’ll need KYC documents (ID & Address proof), PAN card, income proof (salary slips/ITR), bank statements, and dealer-issued car documents like Proforma Invoice or Booking Receipt.

Yes, you can still apply. Your eligibility depends on your debt-to-income ratio and repayment capacity.

EMI Calculator

Monthly EMI:
₹0
Principal Amount:
₹0
Interest Payable:
₹0
Total Payable:
₹0
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