Get instant car loan eligibility with upto 100% financing from leading banks at best Interest Rates, EMI for your new car and used car purchase. Nora Finance brings car finance at your fingertips with attractive bank offers for your dream car.

Key Features

Loan Starting From 3 Lakhs

Longer Repayment Tenure

Smaller EMIs

Floating & Fixed Interest Rates

Eligibility For Car Loan

  1. Age and citizenship: Both the applicant and co-applicant should be over 18 years of age and citizens of India.

  2. Academic qualifications: The student must have secured at least 50% marks during HSC (10+2) and graduation.

  3. Course of study: The student must have obtained admission to career-oriented courses such as Medicine, Engineering, Management, etc., either at the graduate or post-graduate level.

  4. Admission to recognized institution: The student must have secured admission in India or abroad from a recognized college/education institution through entrance test/merit-based selection process post completion of HSC (10+2).

  5. Regular source of income: The co-applicant, i.e. parent(s) or guardian, should have a regular source of income to support the repayment of the education loan.

  • Income statements: Salary slip, Form 16, Income-Tax Returns of the last 2 years, and Computation of income of last 2 years certified by a Chartered Accountant.

  • Bank statements: Pass Book or Bank Statement of the last 6 months.

  • Admission letter: Copy of the admission letter of the Institute along with the ‘fee schedule’.

  • Academic records: Mark sheets and/or pass certificates of SSC, HSC, Degree Courses, National level entrance test.

  • Age proof: Birth certificate, passport, Aadhaar, PAN card, driving license.

  • Address proof: Aadhaar, passport, latest electricity bill, latest telephone bill, ration card, existing house lease agreement, bank account statement.

  • Photo identification proofs: Aadhaar, voter id, PAN card, passport, driving license.

  • Photographs: Passport size photos of the applicant and co-applicants.

  • Guarantor form (optional): If required, a guarantor form may be submitted.

Car Loan Approval Process


Fill in the loan application form


Submit the required documents


Loan sanctioned by our team after verifying the documents


Loan amount disbursed

Car Loan EMI Calculator

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