New & Used Car Loans · 4 States

The right car loan, with cashback built in.

Whether you're buying a brand-new car or a trusted pre-owned one, SABloan compares offers from Government banks, private banks and NBFCs to get you a competitive rate — and a minimum ₹5,000 cashback on eligible loans of ₹5 lakh and above, up to ₹50,000*.

Cashback Offer
MINIMUM
₹5,000
UP TO
₹50,000*
  • Interest from 7.60%* p.a.
  • Up to 90% on-road funding
  • Tenure up to 7 years
  • Sanction in 24–72 hours
Overview

Car finance made simple across four states.

SABloan is a car loan facilitation brand (Direct Selling Agent) serving Rajasthan, Gujarat, Madhya Pradesh and Maharashtra. We work with leading Government banks, private banks and NBFCs — including Bank of Baroda, Union Bank of India, Indian Bank and Bank of India — to bring you competitive car loan offers in one place. From your first enquiry to the cashback credit, a real person guides you on WhatsApp, so you never get lost in a call-centre queue. Choose the path that fits you below.

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New Car Loan

Finance up to 90% of the on-road price on popular models like the Maruti Swift, Brezza, Tata Nexon, Hyundai Creta, Kia Seltos and Mahindra XUV700 — with attractive interest rates and long tenures.

  • Up to 90% on-road funding
  • Interest starting around 7.60%* p.a.
  • Tenure up to 7 years
  • Minimum ₹5,000 cashback on loans ₹5L+
  • Sanction in 24–72 hours for salaried profiles
Get a new car quote
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Used / Pre-Owned Car Loan

Buying second-hand doesn't mean a worse deal. We arrange used car loans priced to the vehicle's age and condition, and guide you through valuation, documentation and approval end to end.

  • Funding based on vehicle valuation
  • Competitive rates for pre-owned cars
  • Tenure aligned to the car's age
  • Help with RC transfer & valuation
  • Works for dealer & private purchases
Get a used car quote
New Car Loan

Drive home your brand-new car.

A new car loan from SABloan covers most of your on-road cost, so you keep more cash in hand. We match your profile to the lender most likely to approve you at the best rate, pre-verify your documents before the bank sees them to reduce rejections, and stay with you until the loan is disbursed to the dealer. Eligible disbursed loans of ₹5 lakh and above earn a minimum ₹5,000 cashback, credited straight to your bank account — going up to ₹50,000* on higher amounts.

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Up to 90% Funding

Finance most of the on-road price — down payment stays low.

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Rates from 7.60%*

We negotiate across banks so you get a competitive interest rate.

🎁

Min ₹5,000 Cashback

Guaranteed on eligible disbursed loans of ₹5 lakh and above.

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24–72h Sanction

Fast approvals for salaried applicants with complete documents.

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Tenure up to 7 Years

Longer tenure means a comfortable monthly EMI.

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WhatsApp Journey

Share documents and track your file entirely on WhatsApp.

Used / Pre-Owned Car Loan

A smarter loan for a smarter buy.

Pre-owned cars offer great value, and the right used car loan makes them even more affordable. SABloan arranges financing based on the vehicle's valuation, age and condition, whether you're buying from a dealer or a private seller. We help you with the vehicle valuation, ownership and RC transfer paperwork, and the lender's approval process — so you can focus on the car, not the formalities. Because the loan amount depends on the vehicle's assessed value, sharing accurate details early gets you a faster, more accurate quote.

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Valuation-Based

Loan amount set by the car's assessed market value.

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Competitive Rates

Attractive pricing for well-maintained pre-owned cars.

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Paperwork Help

Guidance on RC transfer, valuation and ownership documents.

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Dealer or Private

Works whether you buy from a dealer or an individual seller.

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Flexible Tenure

Tenure aligned to the vehicle's age and remaining life.

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End-to-End Support

One point of contact from quote to disbursal.

Who Can Apply

Eligibility criteria

A quick look at what most partner banks look for. Not sure if you qualify? We check for free on WhatsApp — no impact on your credit score at this stage.

  • Age21 to 60 years at loan maturity
  • EmploymentSalaried or self-employed / business owner
  • Min incomeTypically ₹25,000 per month
  • Experience1–2 yrs salaried · 2–3 yrs business
  • Credit score700+ preferred; lower still considered
  • LocationRajasthan, Gujarat, MP, Maharashtra
What You'll Need

Documents required

Send everything on WhatsApp — we pre-verify before the bank sees your file.

For everyone

  • PAN Card
  • Aadhaar
  • Address proof
  • Photos
  • Dealer quotation

If salaried

  • 3 salary slips
  • 6-month bank statement
  • Form 16 / ITR

If self-employed

  • ITR (2–3 yrs)
  • Business / GST proof
  • Bank statement
  • P&L, balance sheet

For used cars, also

  • Car RC
  • Insurance copy
  • Valuation report
  • Seller details
How It Works

Four steps from enquiry to keys.

1

Apply

Message us on WhatsApp or apply online in 3 minutes. Get an instant eligibility estimate.

2

Compare

We share matched offers from banks and NBFCs within 24 hours.

3

Documents

Upload docs on WhatsApp. We pre-verify before the bank sees them.

4

Disbursal + Cashback

Loan is disbursed to the dealer. Eligible cases get cashback in-account.

Full Transparency

Indicative interest rates.

Your exact rate depends on your credit profile, income and the lender — we negotiate the best one for you. Ranges below are indicative and subject to change by lenders.

LenderTypeInterest Rate*Max TenureSanction Time
Uco BankGovt.7.60% – 9.60%7 yrs24–72 hrs
Canara BankGovt.7.60% – 9.60%7 yrs24–72 hrs
Bank of BarodaGovt.7.60% – 9.60%7 yrs24–72 hrs
Union Bank of IndiaGovt.7.60% – 9.70%7 yrs24–72 hrs
Indian BankGovt.7.60% – 9.75%7 yrs24–72 hrs
Indian Overseas BankGovt.7.65% – 9.80%7 yrs24–72 hrs
Punjab & Sind BankGovt.7.85% – 9.85%7 yrs24–72 hrs
Bank of IndiaGovt.7.65% – 9.75%7 yrs24–72 hrs
Axis BankGovt.8.10% – 14.75%7 yrs24–72 hrs
HDFC BankGovt.8.10% – 13.75%7 yrs24–72 hrs
HDB FinanceGovt.11.00% – 16.00%7 yrs24–72 hrs
Private Banks & NBFCsPvt/NBFC8.25% – 12.50%7 yrsSame day possible

*Indicative ranges, subject to change by lenders. Exact rate quoted after profile evaluation. SABloan acts as a DSA facilitator, not a lender.

Frequently Asked

Car loan questions, answered.

What's the difference between applying through SABloan and going to a bank directly?

SABloan compares multiple lenders for you at once, pre-verifies your documents to reduce rejection risk, and handles the follow-ups — plus eligible loans earn cashback. A single bank only offers its own product, with no comparison and no cashback.

How much cashback will I get?

Eligible disbursed loans of ₹5 lakh and above receive a minimum of ₹5,000, credited to your bank account after disbursal. The amount rises with loan size, up to ₹50,000*, and depends on the lender and case profile. Full T&C are shared with your quote.

Can I get a loan for a used or second-hand car?

Yes. We arrange used car loans based on the vehicle's valuation, age and condition, for both dealer and private purchases, and help with RC transfer and valuation paperwork.

How much of the car price can be financed?

For new cars, typically up to 90% of the on-road price. For used cars, the amount is based on the assessed market value of the vehicle.

How long does approval take?

For salaried profiles with complete documents, sanction is usually within 24–72 working hours. Disbursal to the dealer typically follows within 2–5 working days.

What if my credit score is low?

A 700+ score is preferred, but we work with lenders who evaluate the full profile, not just the number. Share your details on WhatsApp and we'll tell you honestly where you stand.

Ready to drive home your car?

Free eligibility & CIBIL check on WhatsApp. New or used — we'll find you the right loan.