Car Loan Interest Rate and Charges – Rohini Financial Services
At Rohini Financial Services, we believe in complete transparency and affordability.
Our Car Loan interest rates are designed to suit different customer profiles, ensuring that your dream car fits comfortably within your budget.
Whether you’re buying a new car or a used car, we offer competitive rates, flexible EMIs, and no hidden charges.
🚗 Car Loan Interest Rates
| Loan Type | Interest Rate (Per Annum) | Tenure | Loan Amount |
|---|---|---|---|
| New Car Loan | 8.50% – 11.50% p.a. | Up to 7 years | Up to 90% of on-road price |
| Used Car Loan | 10.50% – 14.00% p.a. | Up to 5 years | Up to 80% of car value |
Note: Interest rates may vary based on applicant profile, credit score, income, and lender policies.
💰 Other Applicable Charges
| Charge Type | Details |
|---|---|
| Processing Fee | 0.5% – 2% of loan amount (non-refundable) |
| Foreclosure / Prepayment Charges | 3% – 5% of outstanding principal (if paid before lock-in period) |
| Late Payment Fee | 2% per month on overdue EMI |
| Stamp Duty & Documentation | As per state government norms |
| Loan Cancellation Charges | ₹1,000 – ₹2,000 (if applicable) |
| Part-Payment Charges | Up to 2% of prepaid amount (may vary by lender) |
⚙️ Factors Affecting Car Loan Interest Rates
Credit Score – Higher credit score can help you secure a lower rate.
Loan Tenure – Shorter tenure usually comes with a lower overall interest cost.
Type of Car – New cars attract lower rates than pre-owned cars.
Income & Employment Stability – Steady income may lead to better loan offers.
Down Payment Amount – Larger down payments can help reduce your rate and EMI.
🌟 Why Choose Rohini Financial Services
🚘 Attractive Interest Rates starting from 8.5% p.a.
💼 No Hidden Charges or Surprises
🧾 Transparent Loan Terms with full cost disclosure
⚡ Quick Approvals and Hassle-Free Processing
💬 Personalized Assistance throughout your loan journey
✅ Apply for a Car Loan Today
Experience a smooth, affordable, and transparent car financing process with Rohini Financial Services.
Enjoy low EMIs, flexible tenures, and instant approvals — all designed to make your dream car a reality.
📞 Call Now or 💻 Apply Online to get the best Car Loan offers today!