{"id":16201,"date":"2026-10-08T19:19:43","date_gmt":"2026-10-08T13:49:43","guid":{"rendered":"https:\/\/www.ruloans.com\/blog\/?p=16201"},"modified":"2026-10-08T19:25:30","modified_gmt":"2026-10-08T13:55:30","slug":"personal-loan-for-car","status":"publish","type":"post","link":"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/","title":{"rendered":"Personal Loan for Car: Buying a Used Car or Paying the Down Payment? Apply Online Today"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Yes, you can take a personal loan for car purchase in India.<\/strong> It works best for a used car that banks won&#8217;t finance (older than 5\u20137 years, private seller, low value) or for paying the down payment on a new car. Personal loan rates start around 9.99%\u201310.90% p.a. in 2026, versus about 8.15%\u20139.85% for a new car loan and 10.50%\u201317% for a used car loan. You get \u20b950,000 to \u20b940 lakh with no hypothecation on the RC, so you own the car outright from day one.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Introduction\" >Introduction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#What_Is_a_Personal_Loan_for_Car\" >What Is a Personal Loan for Car?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Money_in_Minutes\" >Money in Minutes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Personal_Loan_for_Car_vs_Car_Loan_Which_Is_Better\" >Personal Loan for Car vs Car Loan: Which Is Better?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Can_I_Take_a_Personal_Loan_for_Used_Car_Purchase\" >Can I Take a Personal Loan for Used Car Purchase?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Money_in_Minutes-2\" >Money in Minutes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Can_I_Use_a_Personal_Loan_for_Car_Down_Payment\" >Can I Use a Personal Loan for Car Down Payment?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Money_in_Minutes-3\" >Money in Minutes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Personal_Loan_for_Car_Interest_Rates_in_2026\" >Personal Loan for Car Interest Rates in 2026<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Personal_Loan_for_Car_EMI_%E2%82%B91_Lakh_to_%E2%82%B910_Lakh\" >Personal Loan for Car EMI: \u20b91 Lakh to \u20b910 Lakh<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Money_in_Minutes-4\" >Money in Minutes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Personal_Loan_for_Car_Eligibility\" >Personal Loan for Car Eligibility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Documents_Required_for_a_Personal_Loan_for_Car_Purchase\" >Documents Required for a Personal Loan for Car Purchase<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Money_in_Minutes-5\" >Money in Minutes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#How_to_Apply_for_a_Personal_Loan_for_Car_Online\" >How to Apply for a Personal Loan for Car Online<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Hidden_Costs_of_a_Personal_Loan_for_Car\" >Hidden Costs of a Personal Loan for Car<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#5_Mistakes_to_Avoid_With_a_Personal_Loan_for_Car\" >5 Mistakes to Avoid With a Personal Loan for Car<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Money_in_Minutes-6\" >Money in Minutes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#Pros_and_Cons_of_a_Personal_Loan_for_Car\" >Pros and Cons of a Personal Loan for Car<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-car\/#FAQ\" >FAQ<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Introduction\"><\/span><strong>Introduction<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You&#8217;ve found the car. Maybe it&#8217;s a 7-year-old hatchback from a neighbour, or the new SUV you&#8217;ve been saving for. Either way, there&#8217;s a gap between what you have and what the car costs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That&#8217;s where a <a href=\"https:\/\/www.ruloans.com\/blog\/what-is-personal-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">personal loan<\/a> for car comes in. It isn&#8217;t the right tool for every buyer, but in two situations it&#8217;s often the smartest one: buying a used car that lenders won&#8217;t touch, and covering the down payment on a car loan. This guide shows you exactly when it makes sense, what it costs in 2026, and how to apply online through <a href=\"https:\/\/www.ruloans.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ruloans<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Is_a_Personal_Loan_for_Car\"><\/span><strong>What Is a Personal Loan for Car?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A personal loan for car is an <a href=\"https:\/\/www.ruloans.com\/blog\/know-difference-secured-loan-vs-unsecured-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">unsecured loan<\/a> you use to pay for a vehicle, fully or partly. The lender doesn&#8217;t hold the car as security, so there&#8217;s no hypothecation on the RC and no valuation of the car.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A regular car loan is secured against the vehicle. The bank&#8217;s name goes on the registration certificate until you repay. A personal loan for car purchase is different: the money lands in your bank account, and you pay the dealer or seller like a cash buyer.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here&#8217;s how it works in practice:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>You apply based on your income, CIBIL score and existing EMIs.<\/li>\n\n\n\n<li>The lender approves an amount, typically \u20b950,000 to \u20b940 lakh.<\/li>\n\n\n\n<li>Funds are disbursed to your account, often within 24\u201372 hours.<\/li>\n\n\n\n<li>You buy the car and register it in your name, with no lender lien.<\/li>\n\n\n\n<li>You repay through fixed EMIs over 1\u20135 years (some NBFCs go to 7).<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Because there&#8217;s no collateral, interest is higher than on a secured car loan. You&#8217;re paying extra for speed, flexibility and clean ownership.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-bike\/\" target=\"_blank\" rel=\"noreferrer noopener\">Personal Loan for Bike: Get \u20b920,000 to \u20b95 Lakh for New or Used Bikes<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"rl-cta\">\n  <div class=\"rl-cta__glow\" aria-hidden=\"true\"><\/div>\n  <span class=\"rl-cta__mark\" aria-hidden=\"true\">\u20b9<\/span>\n  <div class=\"rl-cta__inner\">\n    <p class=\"rl-cta__eyebrow\"><\/p>\n    <h2 class=\"rl-cta__title\"><span class=\"ez-toc-section\" id=\"Money_in_Minutes\"><\/span>Money in Minutes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n    <ul class=\"rl-cta__usps\">\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Cash from \u20b95000\u20135 Lakh<sup>*<\/sup><\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Instant approval<\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Rates from 10.49% p.a.<sup>*<\/sup><\/li>\n    <\/ul>\n    <a class=\"rl-cta__btn\" href=\"https:\/\/loanwalle.com\/personal-loan?utm_source=Ruloans_SENP&#038;utm_medium=Blog&#038;utm_campaign=plfc-shivam\" target=\"_blank\" rel=\"noopener\">Apply Now <span aria-hidden=\"true\">\u2192<\/span><\/a>\n    <p class=\"rl-cta__proof\">No hidden charges \u2022 Trusted by 1M+ borrowers across 4,000+ cities<\/p>\n    <p class=\"rl-cta__tnc\">*Interest rate subject to eligibility &amp; credit profile. T&amp;C apply.<\/p>\n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Personal_Loan_for_Car_vs_Car_Loan_Which_Is_Better\"><\/span><strong>Personal Loan for Car vs Car Loan: Which Is Better?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A car loan is cheaper for a new car because it&#8217;s secured, with rates from about 8.15% p.a. A personal loan for car is better when the car doesn&#8217;t qualify for a car loan, when you want no lien on the RC, or when you need cash for the down payment.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Feature<\/strong><\/td><td><strong>Personal Loan for Car<\/strong><\/td><td><strong>New Car Loan<\/strong><\/td><td><strong>Used Car Loan<\/strong><\/td><\/tr><tr><td>Interest rate (2026)<\/td><td>~9.99%\u201324% p.a. (banks); up to ~31% at some NBFCs<\/td><td>~8.15%\u201311% p.a.<\/td><td>~10.50%\u201317% p.a.<\/td><\/tr><tr><td>Collateral<\/td><td>None<\/td><td>Car hypothecated<\/td><td>Car hypothecated<\/td><\/tr><tr><td>Funding<\/td><td>Up to your eligibility, \u20b950,000\u2013\u20b940 lakh<\/td><td>Up to 90\u2013100% of on-road price<\/td><td>Usually 70\u201385% of valuation<\/td><\/tr><tr><td>Car age limit<\/td><td>None<\/td><td>New only<\/td><td>Car age + tenure often capped at 8\u201310 years<\/td><\/tr><tr><td>Down payment<\/td><td>Not required<\/td><td>0\u201320%<\/td><td>15\u201330%<\/td><\/tr><tr><td>Tenure<\/td><td>1\u20135 years (up to 7 at some NBFCs)<\/td><td>Up to 7 years<\/td><td>Up to 5 years<\/td><\/tr><tr><td>RC ownership<\/td><td>Clean from day one<\/td><td>Lender lien until closure<\/td><td>Lender lien until closure<\/td><\/tr><tr><td>Valuation\/inspection<\/td><td>Not needed<\/td><td>Not needed<\/td><td>Mandatory<\/td><\/tr><tr><td>Disbursal speed<\/td><td>24\u201372 hours<\/td><td>2\u20135 days<\/td><td>3\u20137 days<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Sources: lender rate pages and aggregators compiled in Sources below; your actual rate depends on CIBIL score, income and employer.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/used-car-loan-or-personal-loan-whats-your-choice\/\" target=\"_blank\" rel=\"noreferrer noopener\">Used Car Loan or Personal Loan\u2026 What&#8217;s your choice?<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_I_Take_a_Personal_Loan_for_Used_Car_Purchase\"><\/span><strong>Can I Take a Personal Loan for Used Car Purchase?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. A personal loan for used car purchase is often easier than a used car loan because the lender doesn&#8217;t care about the car&#8217;s age, model, seller or valuation. It only checks your income and credit profile.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.ruloans.com\/blog\/features-of-used-car-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">Used car loans<\/a> come with rules. SBI caps used car loan tenure at 5 years, banks typically fund only 70\u201385% of the assessed value, and many lenders won&#8217;t finance cars older than 5\u20137 years. A personal loan for used car skips all of that.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Do You Know?<\/strong><br>The Maruti Suzuki Swift, Wagon R 1.0, Honda City, Hyundai i10, Grand i10 and Swift Dzire make up 20.3% of used cars sold on one of India&#8217;s largest resale platforms. The Swift alone accounts for 4.8%. Maruti Suzuki has about 33% of all used car sales on the platform, and Hyundai is second at 22%. Many of these are older, lower-value hatchbacks, which is exactly the kind of car where a personal loan for used car works better than a used car loan. <br>Source: <a href=\"https:\/\/www.business-standard.com\/content\/press-releases-ani\/best-selling-used-cars-in-india-in-2026-why-these-six-keep-topping-the-list-126091800463_1.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Business Standard (ANI), September 18, 2026, citing Cars24 transaction data up to July 2026<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/which-bank-is-best-for-used-car-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">Which bank is best for used car loan?<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>When Is a Personal Loan for Used Car Better Than a Used Car Loan?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Pick a personal loan for used car when the car is old, cheap, bought from a private seller, or when you need money within a day or two.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>The car is 7+ years old.<\/strong> Most used car loan schemes reject it or offer a very short tenure.<\/li>\n\n\n\n<li><strong>You&#8217;re buying from a private seller.<\/strong> Lenders prefer certified dealers; private sales mean extra paperwork and inspections.<\/li>\n\n\n\n<li><strong>The car costs under \u20b93 lakh.<\/strong> Processing a small used car loan isn&#8217;t worth it for many banks, so you&#8217;ll see higher rates anyway.<\/li>\n\n\n\n<li><strong>The deal is time-sensitive.<\/strong> A good used car sells fast. Pre-approved personal loans can disburse within hours.<\/li>\n\n\n\n<li><strong>You want a clean RC.<\/strong> No hypothecation means no NOC hunt when you sell later.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>When Should You Choose a Used Car Loan Instead?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Choose a used car loan when the car is under 5 years old, comes from a certified dealer, and your rate offer is at least 1\u20132% lower than your personal loan quote.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here&#8217;s a real comparison for a \u20b95 lakh used car over 5 years:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Option<\/strong><\/td><td><strong>Loan Amount<\/strong><\/td><td><strong>Rate<\/strong><\/td><td><strong>EMI<\/strong><\/td><td><strong>Total Interest<\/strong><\/td><td><strong>Your Cash Needed<\/strong><\/td><\/tr><tr><td>Used car loan (80% funding)<\/td><td>\u20b94,00,000<\/td><td>12.5%<\/td><td>\u20b98,999<\/td><td>\u20b91,39,951<\/td><td>\u20b91,00,000<\/td><\/tr><tr><td>Personal loan for used car (full)<\/td><td>\u20b95,00,000<\/td><td>13%<\/td><td>\u20b911,377<\/td><td>\u20b91,82,592<\/td><td>\u20b90<\/td><\/tr><tr><td>Personal loan for used car (same \u20b94 lakh)<\/td><td>\u20b94,00,000<\/td><td>13%<\/td><td>\u20b99,101<\/td><td>\u20b91,46,074<\/td><td>\u20b91,00,000<\/td><\/tr><tr><td>Personal loan, 750+ CIBIL<\/td><td>\u20b95,00,000<\/td><td>11%<\/td><td>\u20b910,871<\/td><td>\u20b91,52,273<\/td><td>\u20b90<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">EMIs are calculated on a reducing balance; processing fees and insurance are excluded.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/4-reasons-which-may-be-the-reason-of-your-used-car-loan-rejection\/\" target=\"_blank\" rel=\"noreferrer noopener\">4 Reasons Which May Be The Reason Of Your Used Car Loan Rejection<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"rl-cta\">\n  <div class=\"rl-cta__glow\" aria-hidden=\"true\"><\/div>\n  <span class=\"rl-cta__mark\" aria-hidden=\"true\">\u20b9<\/span>\n  <div class=\"rl-cta__inner\">\n    <p class=\"rl-cta__eyebrow\"><\/p>\n    <h2 class=\"rl-cta__title\"><span class=\"ez-toc-section\" id=\"Money_in_Minutes-2\"><\/span>Money in Minutes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n    <ul class=\"rl-cta__usps\">\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Cash from \u20b95000\u20135 Lakh<sup>*<\/sup><\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Instant approval<\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Rates from 10.49% p.a.<sup>*<\/sup><\/li>\n    <\/ul>\n    <a class=\"rl-cta__btn\" href=\"https:\/\/loanwalle.com\/personal-loan?utm_source=Ruloans_SENP&#038;utm_medium=Blog&#038;utm_campaign=plfc-shivam\" target=\"_blank\" rel=\"noopener\">Apply Now <span aria-hidden=\"true\">\u2192<\/span><\/a>\n    <p class=\"rl-cta__proof\">No hidden charges \u2022 Trusted by 1M+ borrowers across 4,000+ cities<\/p>\n    <p class=\"rl-cta__tnc\">*Interest rate subject to eligibility &amp; credit profile. T&amp;C apply.<\/p>\n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_I_Use_a_Personal_Loan_for_Car_Down_Payment\"><\/span><strong>Can I Use a Personal Loan for Car Down Payment?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Yes. A car down payment loan is simply a personal loan used to pay the 10\u201320% upfront amount that your car loan doesn&#8217;t cover. It&#8217;s legal and common, but you&#8217;ll carry two EMIs at once, so lenders check that both fit within roughly 50\u201360% of your monthly income.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Most banks fund 80\u201390% of the on-road price on a new car loan. On a \u20b910 lakh car, that leaves \u20b91\u20132 lakh to pay yourself. If your savings are locked in an FD or you&#8217;d rather keep an emergency fund, a car down payment loan bridges that gap.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Do You Know?<\/strong>\u00a0<br>September 2026 was the best September ever for car retail in India. FADA reported 4,27,213 passenger vehicles sold, up 32.10% year on year. Urban and rural sales grew at almost the same pace. Part of the jump is because buyers in September 2025 delayed purchases until GST 2.0 took effect. With festive demand building, many buyers are using a car down payment loan so they can book now without emptying their savings.<br>Source: <a href=\"https:\/\/www.autocarpro.in\/news\/passenger-vehicle-retail-hits-record-september-fada-135068\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Autocar Professional, FADA September 2026 retail data<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>How Much Does a Car Down Payment Loan Cost?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">On a \u20b910 lakh new car, a \u20b92 lakh car down payment loan at 13% for 3 years adds about \u20b942,600 in interest and raises your total EMI to \u20b923,346 for the first 3 years.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Plan for a \u20b910 lakh on-road car<\/strong><\/td><td><strong>EMI (Years 1\u20133)<\/strong><\/td><td><strong>EMI (Years 4\u20135)<\/strong><\/td><td><strong>Total Interest<\/strong><\/td><td><strong>Cash From You<\/strong><\/td><\/tr><tr><td>Car loan \u20b99L at 9% (5 yrs) + \u20b91L own savings<\/td><td>\u20b918,683<\/td><td>\u20b918,683<\/td><td>\u20b92,20,951<\/td><td>\u20b91,00,000<\/td><\/tr><tr><td>Car loan \u20b98L at 9% (5 yrs) + car down payment loan \u20b92L at 13% (3 yrs)<\/td><td>\u20b923,346<\/td><td>\u20b916,607<\/td><td>\u20b92,38,997<\/td><td>\u20b90<\/td><\/tr><tr><td>Full personal loan for car \u20b910L at 12% (5 yrs)<\/td><td>\u20b922,244<\/td><td>\u20b922,244<\/td><td>\u20b93,34,667<\/td><td>\u20b90<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">All figures use reducing-balance EMI; fees, insurance and GST on fees are excluded.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Is a Car Down Payment Loan a Good Idea?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">It&#8217;s a good idea if your combined EMIs stay under 40% of take-home pay and you can close the personal loan within 2\u20133 years. It&#8217;s a bad idea if it stretches your budget just to buy a pricier variant.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Use a car down payment loan when:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your salary is stable and the combined EMI is comfortable.<\/li>\n\n\n\n<li>You want to keep savings liquid for emergencies.<\/li>\n\n\n\n<li>A festive or year-end discount makes waiting costly.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Avoid it when:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You&#8217;d need to skip other savings to manage both EMIs.<\/li>\n\n\n\n<li>Your CIBIL score is below 700; you&#8217;ll pay 16%+ on the personal loan.<\/li>\n\n\n\n<li>You&#8217;re borrowing to upgrade beyond what you&#8217;d planned.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">One honest tip: keep the car down payment loan tenure short. A 2\u20133 year tenure keeps interest low, and the extra EMI drops off well before the car loan ends.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/7-most-common-car-loan-mistakes-to-avoid\/\" target=\"_blank\" rel=\"noreferrer noopener\">7 Most Common Car Loan Mistakes to Avoid<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"rl-cta\">\n  <div class=\"rl-cta__glow\" aria-hidden=\"true\"><\/div>\n  <span class=\"rl-cta__mark\" aria-hidden=\"true\">\u20b9<\/span>\n  <div class=\"rl-cta__inner\">\n    <p class=\"rl-cta__eyebrow\"><\/p>\n    <h2 class=\"rl-cta__title\"><span class=\"ez-toc-section\" id=\"Money_in_Minutes-3\"><\/span>Money in Minutes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n    <ul class=\"rl-cta__usps\">\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Cash from \u20b95000\u20135 Lakh<sup>*<\/sup><\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Instant approval<\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Rates from 10.49% p.a.<sup>*<\/sup><\/li>\n    <\/ul>\n    <a class=\"rl-cta__btn\" href=\"https:\/\/loanwalle.com\/personal-loan?utm_source=Ruloans_SENP&#038;utm_medium=Blog&#038;utm_campaign=plfc-shivam\" target=\"_blank\" rel=\"noopener\">Apply Now <span aria-hidden=\"true\">\u2192<\/span><\/a>\n    <p class=\"rl-cta__proof\">No hidden charges \u2022 Trusted by 1M+ borrowers across 4,000+ cities<\/p>\n    <p class=\"rl-cta__tnc\">*Interest rate subject to eligibility &amp; credit profile. T&amp;C apply.<\/p>\n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Personal_Loan_for_Car_Interest_Rates_in_2026\"><\/span><strong>Personal Loan for Car Interest Rates in 2026<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">In October 2026, a personal loan for car starts at around 9.99%\u201310.90% p.a. at major banks and can go above 24% for weaker profiles. New car loan rates start near 8.15%, and used car loan rates start near 10.50%.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Lender<\/strong><\/td><td><strong>Personal Loan (p.a.)<\/strong><\/td><td><strong>New Car Loan (p.a.)<\/strong><\/td><td><strong>Used Car Loan (p.a.)<\/strong><\/td><\/tr><tr><td>SBI<\/td><td>10.00%\u201315.00%<\/td><td>8.70%\u20139.85%<\/td><td>From 10.50%<\/td><\/tr><tr><td>HDFC Bank<\/td><td>10.90%\u201324.00%<\/td><td>From 8.15%<\/td><td>From 11.25% (rack rate)<\/td><\/tr><tr><td>ICICI Bank<\/td><td>10.80%\u201316.65%<\/td><td>From 8.50%<\/td><td>From 11.00%<\/td><\/tr><tr><td>Axis Bank<\/td><td>From 11.49%<\/td><td>\u2014<\/td><td>12.95%\u201314.55%<\/td><\/tr><tr><td>Kotak Mahindra Bank<\/td><td>\u2014<\/td><td>From ~8.75%<\/td><td>12.00%\u201317.00%<\/td><\/tr><tr><td>Bajaj Finance (NBFC)<\/td><td>10.00%\u201331.00%<\/td><td>\u2014<\/td><td>\u2014<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Rates are indicative, compiled from lender and aggregator pages listed in Sources; your final rate depends on CIBIL score, income, employer and loan amount.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/sbi-vs-hdfc-vs-icici-personal-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">SBI vs HDFC vs ICICI Personal Loan \u2013 Interest Rate &amp; Eligibility Comparison 2026<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>How Does the October 2026 Repo Rate Hike Affect Your Car Loan?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The RBI raised the repo rate by 25 bps to 5.50% on 7 October 2026, its first hike since February 2023. Floating-rate car loans linked to the repo rate may cost more within a quarter; most personal loans for car are fixed-rate, so your EMI stays locked once you borrow.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Two practical points:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Lock in a fixed rate early.<\/strong> Several economists expect another hike in December, so today&#8217;s personal loan quote may be lower than next quarter&#8217;s.<\/li>\n\n\n\n<li><strong>Prepayment rules differ.<\/strong> Since 1 January 2026, RBI bars prepayment charges on floating-rate loans to individuals for non-business use. Fixed-rate personal loans can still carry foreclosure fees, so check the Key Facts Statement.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/interest-rates-hiked-be-prepared-in-advance-with-these-steps\/\" target=\"_blank\" rel=\"noreferrer noopener\">Interest Rates Hiked? Be prepared in Advance with these steps!<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Personal_Loan_for_Car_EMI_%E2%82%B91_Lakh_to_%E2%82%B910_Lakh\"><\/span><strong>Personal Loan for Car EMI: \u20b91 Lakh to \u20b910 Lakh<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A \u20b95 lakh personal loan for car costs \u20b910,871 a month at 11% for 5 years, or \u20b912,159 at 16%. Every \u20b91 lakh borrowed adds roughly \u20b92,170\u2013\u20b92,430 to a 5-year EMI, depending on your rate.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Loan Amount<\/strong><\/td><td><strong>11% \/ 3 yrs<\/strong><\/td><td><strong>11% \/ 5 yrs<\/strong><\/td><td><strong>13% \/ 5 yrs<\/strong><\/td><td><strong>16% \/ 5 yrs<\/strong><\/td><td><strong>Total Interest (13%, 5 yrs)<\/strong><\/td><\/tr><tr><td>\u20b91,00,000<\/td><td>\u20b93,274<\/td><td>\u20b92,174<\/td><td>\u20b92,275<\/td><td>\u20b92,432<\/td><td>\u20b936,518<\/td><\/tr><tr><td>\u20b92,00,000<\/td><td>\u20b96,548<\/td><td>\u20b94,348<\/td><td>\u20b94,551<\/td><td>\u20b94,864<\/td><td>\u20b973,037<\/td><\/tr><tr><td>\u20b93,00,000<\/td><td>\u20b99,822<\/td><td>\u20b96,523<\/td><td>\u20b96,826<\/td><td>\u20b97,295<\/td><td>\u20b91,09,555<\/td><\/tr><tr><td>\u20b95,00,000<\/td><td>\u20b916,369<\/td><td>\u20b910,871<\/td><td>\u20b911,377<\/td><td>\u20b912,159<\/td><td>\u20b91,82,592<\/td><\/tr><tr><td>\u20b97,00,000<\/td><td>\u20b922,917<\/td><td>\u20b915,220<\/td><td>\u20b915,927<\/td><td>\u20b917,023<\/td><td>\u20b92,55,629<\/td><\/tr><tr><td>\u20b910,00,000<\/td><td>\u20b932,739<\/td><td>\u20b921,742<\/td><td>\u20b922,753<\/td><td>\u20b924,318<\/td><td>\u20b93,65,184<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">EMI formula used: EMI = P \u00d7 r \u00d7 (1 + r)^n \u00f7 [(1 + r)^n \u2212 1], where r is the monthly rate and n is the number of months.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/lowest-emi-personal-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">Lowest EMI Personal Loan for \u20b95 Lakh \u2013 Compare &amp; Apply<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>How Much Personal Loan for Car Can I Get on My Salary?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Most lenders let your total EMIs reach about 50% of net monthly income. With no existing EMIs, a <a href=\"https:\/\/www.ruloans.com\/blog\/50000-salary-personal-loan\/\">\u20b950,000 salary<\/a> supports a personal loan for car of roughly \u20b911.2 lakh at 12% over 5 years.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Net Monthly Salary<\/strong><\/td><td><strong>Max EMI (50% FOIR)<\/strong><\/td><td><strong>Approx. Loan at 12%, 5 yrs<\/strong><\/td><\/tr><tr><td>\u20b925,000<\/td><td>\u20b912,500<\/td><td>\u20b95.6 lakh<\/td><\/tr><tr><td>\u20b940,000<\/td><td>\u20b920,000<\/td><td>\u20b99.0 lakh<\/td><\/tr><tr><td>\u20b950,000<\/td><td>\u20b925,000<\/td><td>\u20b911.2 lakh<\/td><\/tr><tr><td>\u20b975,000<\/td><td>\u20b937,500<\/td><td>\u20b916.9 lakh<\/td><\/tr><tr><td>\u20b91,00,000<\/td><td>\u20b950,000<\/td><td>\u20b922.5 lakh<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">These are illustrative ceilings. Subtract any existing EMIs first, and expect banks to apply 40\u201360% FOIR depending on your income band and employer category.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/10-lakh-personal-loan-salary-eligibility\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u20b910 Lakh Personal Loan: Salary Needed &amp; Eligibility 2026<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Personal Loan for Car Tenure: 3 Years or 5 Years?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A shorter tenure saves interest; a longer one lowers EMI. On \u20b95 lakh at 11%, a 3-year term costs \u20b989,297 in interest versus \u20b91,52,273 over 5 years, a saving of \u20b962,976.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Cars lose value every year, so try not to be paying for a car long after it&#8217;s lost most of its worth. For a personal loan for used car, 3 years is often the sweet spot.<\/p>\n\n\n\n<div class=\"rl-cta\">\n  <div class=\"rl-cta__glow\" aria-hidden=\"true\"><\/div>\n  <span class=\"rl-cta__mark\" aria-hidden=\"true\">\u20b9<\/span>\n  <div class=\"rl-cta__inner\">\n    <p class=\"rl-cta__eyebrow\"><\/p>\n    <h2 class=\"rl-cta__title\"><span class=\"ez-toc-section\" id=\"Money_in_Minutes-4\"><\/span>Money in Minutes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n    <ul class=\"rl-cta__usps\">\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Cash from \u20b95000\u20135 Lakh<sup>*<\/sup><\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Instant approval<\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Rates from 10.49% p.a.<sup>*<\/sup><\/li>\n    <\/ul>\n    <a class=\"rl-cta__btn\" href=\"https:\/\/loanwalle.com\/personal-loan?utm_source=Ruloans_SENP&#038;utm_medium=Blog&#038;utm_campaign=plfc-shivam\" target=\"_blank\" rel=\"noopener\">Apply Now <span aria-hidden=\"true\">\u2192<\/span><\/a>\n    <p class=\"rl-cta__proof\">No hidden charges \u2022 Trusted by 1M+ borrowers across 4,000+ cities<\/p>\n    <p class=\"rl-cta__tnc\">*Interest rate subject to eligibility &amp; credit profile. T&amp;C apply.<\/p>\n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Personal_Loan_for_Car_Eligibility\"><\/span><strong>Personal Loan for Car Eligibility<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You&#8217;re generally eligible for a personal loan for car if you&#8217;re 21\u201360 years old, earn a steady income (often \u20b915,000\u2013\u20b925,000 a month minimum), have a CIBIL score of 700 or above, and your total EMIs stay within about 50% of income.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Criteria<\/strong><\/td><td><strong>Salaried<\/strong><\/td><td><strong>Self-Employed<\/strong><\/td><\/tr><tr><td>Age<\/td><td>21\u201360 years<\/td><td>21\u201365 years<\/td><\/tr><tr><td>Minimum income<\/td><td>\u20b915,000\u2013\u20b925,000\/month (varies by lender and city)<\/td><td>Stable ITR-declared income; often \u20b93\u20135 lakh p.a.+<\/td><\/tr><tr><td>Work\/business vintage<\/td><td>1\u20132 years total; 6 months+ with current employer<\/td><td>2\u20133 years in business<\/td><\/tr><tr><td>CIBIL score<\/td><td>700+ to qualify; 750+ for the lowest rates<\/td><td>700+ to qualify; 750+ for the lowest rates<\/td><\/tr><tr><td>FOIR<\/td><td>Usually 40\u201360% of net income<\/td><td>Usually 40\u201360% of net income<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Criteria vary by lender; these ranges reflect common bank and NBFC policies.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-rejected-good-cibil-score\/\" target=\"_blank\" rel=\"noreferrer noopener\">Why Was My Personal Loan Rejected Even with a Good CIBIL Score?<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What CIBIL Score Do You Need for a Personal Loan for Car?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A 750+ CIBIL score typically gets you sub-12% offers from large banks. Between 700 and 749 you&#8217;ll still qualify, usually at 12\u201316%. Below 700, expect NBFC offers at 16%+ or a request for a co-applicant.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/improve-cibil-score-from-500-to-750\/\" target=\"_blank\" rel=\"noreferrer noopener\">How to Improve Your Low CIBIL Score From 500 to 750<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_Required_for_a_Personal_Loan_for_Car_Purchase\"><\/span><strong>Documents Required for a Personal Loan for Car Purchase<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You need PAN, Aadhaar, 3 months&#8217; salary slips and 6 months&#8217; bank statements if salaried. Self-employed applicants add 2 years&#8217; ITR and business proof. No car documents are needed for a personal loan for car purchase.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Salaried applicants<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>PAN card and Aadhaar card (KYC)<\/li>\n\n\n\n<li>Last 3 months&#8217; salary slips<\/li>\n\n\n\n<li>Last 6 months&#8217; bank statements (salary account)<\/li>\n\n\n\n<li>Form 16 or employment ID, if asked<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Self-employed applicants<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>PAN card and Aadhaar card<\/li>\n\n\n\n<li>Last 2 years&#8217; ITR with computation of income<\/li>\n\n\n\n<li>Last 6\u201312 months&#8217; bank statements<\/li>\n\n\n\n<li>Business proof: GST registration, Udyam certificate or shop licence<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Compare that with a used car loan, which also needs the RC copy, insurance, a valuation report and the seller&#8217;s documents.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/personal-loan-for-salaried-employees\/\" target=\"_blank\" rel=\"noreferrer noopener\">Personal Loan for Salaried Employees: Apply Now with Documents Checklist by Employer Type<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"rl-cta\">\n  <div class=\"rl-cta__glow\" aria-hidden=\"true\"><\/div>\n  <span class=\"rl-cta__mark\" aria-hidden=\"true\">\u20b9<\/span>\n  <div class=\"rl-cta__inner\">\n    <p class=\"rl-cta__eyebrow\"><\/p>\n    <h2 class=\"rl-cta__title\"><span class=\"ez-toc-section\" id=\"Money_in_Minutes-5\"><\/span>Money in Minutes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n    <ul class=\"rl-cta__usps\">\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Cash from \u20b95000\u20135 Lakh<sup>*<\/sup><\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Instant approval<\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Rates from 10.49% p.a.<sup>*<\/sup><\/li>\n    <\/ul>\n    <a class=\"rl-cta__btn\" href=\"https:\/\/loanwalle.com\/personal-loan?utm_source=Ruloans_SENP&#038;utm_medium=Blog&#038;utm_campaign=plfc-shivam\" target=\"_blank\" rel=\"noopener\">Apply Now <span aria-hidden=\"true\">\u2192<\/span><\/a>\n    <p class=\"rl-cta__proof\">No hidden charges \u2022 Trusted by 1M+ borrowers across 4,000+ cities<\/p>\n    <p class=\"rl-cta__tnc\">*Interest rate subject to eligibility &amp; credit profile. T&amp;C apply.<\/p>\n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Apply_for_a_Personal_Loan_for_Car_Online\"><\/span><strong>How to Apply for a Personal Loan for Car Online<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Share your basic details on <a href=\"https:\/\/www.ruloans.com\/personal-loan\" target=\"_blank\" rel=\"noreferrer noopener\">Ruloans Personal Loan<\/a>, compare matched offers from 275+ banks and NBFCs, pick the lowest-cost one, complete KYC with that lender, e-sign after reading the KFS, and receive funds in your bank account, often within 24\u201372 hours.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Check your eligibility.<\/strong> Enter your income, employer, city and the amount you need for your personal loan for car.<\/li>\n\n\n\n<li><strong>Get matched.<\/strong> <a href=\"https:\/\/www.ruloans.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ruloans<\/a> shortlists banks and NBFCs from its 275+ partners whose criteria fit your profile.<\/li>\n\n\n\n<li><strong>Compare offers.<\/strong> Look at the interest rate, processing fee, tenure and APR side by side.<\/li>\n\n\n\n<li><strong>Complete KYC.<\/strong> Upload PAN, Aadhaar, salary slips or ITR, and bank statements to the chosen lender.<\/li>\n\n\n\n<li><strong>Review and e-sign.<\/strong> Read the Key Facts Statement, check foreclosure terms, then sign digitally.<\/li>\n\n\n\n<li><strong>Receive funds.<\/strong> The partner lender disburses to your bank account; you pay the dealer or seller directly.<\/li>\n<\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">The partner bank or NBFC sanctions and disburses the loan. Ruloans supports you from application to disbursement, so you&#8217;re never chasing paperwork on your own.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.ruloans.com\/personal-loan\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Check your personal loan eligibility today<\/strong><\/a><strong>:<\/strong> Compare offers from 275+ banks and NBFCs on Ruloans<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/best-instant-personal-loan-in-india\/\" target=\"_blank\" rel=\"noreferrer noopener\">Best Instant Personal Loans in India 2026: Interest Rates Compared<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Hidden_Costs_of_a_Personal_Loan_for_Car\"><\/span><strong>Hidden Costs of a Personal Loan for Car<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Beyond interest, budget for a processing fee of about 0.5%\u20134% plus 18% GST, possible foreclosure charges on fixed-rate loans, and late-payment penalties. On a \u20b95 lakh loan, a 2% fee alone is \u20b910,000 plus \u20b91,800 GST.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Processing fee:<\/strong> Banks often charge 0.5%\u20132.5%; some NBFCs go up to ~4%.<\/li>\n\n\n\n<li><strong>Foreclosure\/part-prepayment fee:<\/strong> Common on fixed-rate personal loans (often 2%\u20135% of the outstanding amount). Floating-rate loans to individuals can&#8217;t carry this fee for loans sanctioned on or after 1 January 2026.<\/li>\n\n\n\n<li><strong>Insurance add-ons:<\/strong> Credit-life cover is optional; you can decline it.<\/li>\n\n\n\n<li><strong>Car-side costs:<\/strong> Registration, RTO transfer for used cars, and comprehensive insurance aren&#8217;t covered by the lender unless you borrow extra.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Always read the Key Facts Statement (KFS). It shows the Annual Percentage Rate (APR), which includes fees, so you can compare offers fairly.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/is-prepaying-your-personal-loan-a-good-idea\/\" target=\"_blank\" rel=\"noreferrer noopener\">Is prepaying your Personal loan a good idea?<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"5_Mistakes_to_Avoid_With_a_Personal_Loan_for_Car\"><\/span><strong>5 Mistakes to Avoid With a Personal Loan for Car<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Don&#8217;t skip comparing offers, don&#8217;t stretch the tenure on an old car, don&#8217;t ignore the APR, don&#8217;t apply to many lenders at once, and don&#8217;t borrow more than the car plus transfer costs.<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Taking the first offer.<\/strong> A 2% rate gap on \u20b95 lakh over 5 years is roughly \u20b930,000 in extra interest.<\/li>\n\n\n\n<li><strong>Matching a long tenure to an old car.<\/strong> A 5-year loan on a 9-year-old car means paying EMIs on a vehicle that may need major repairs.<\/li>\n\n\n\n<li><strong>Looking only at the interest rate.<\/strong> A low rate with a 4% processing fee can cost more than a slightly higher rate with a 1% fee.<\/li>\n\n\n\n<li><strong>Multiple applications in a week.<\/strong> Each hard enquiry can dent your CIBIL score; compare through one platform instead.<\/li>\n\n\n\n<li><strong>Forgetting the paperwork for a used car.<\/strong> Verify the RC, insurance, challans and any existing loan on the car before paying the seller.<\/li>\n<\/ol>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/beware-of-these-4-mistakes-while-taking-a-used-car-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">Beware of these 4 mistakes while taking a Used Car Loan<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>How to Get the Lowest Rate on a Personal Loan for Car<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Raise your CIBIL score above 750 and keep credit-card usage under 30% of the limit.<\/li>\n\n\n\n<li>Check pre-approved offers from your salary-account bank first.<\/li>\n\n\n\n<li>Borrow only what you need; a smaller car down payment loan keeps total EMIs low.<\/li>\n\n\n\n<li>Choose the shortest tenure you can comfortably afford to cut total interest.<\/li>\n\n\n\n<li>Negotiate the processing fee and check foreclosure charges before signing.<\/li>\n\n\n\n<li>Apply around festive offers, but compare the final APR, not the headline rate.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Also Read:<\/strong> <a href=\"https:\/\/www.ruloans.com\/blog\/how-do-you-ensure-low-interest-rates-for-a-personal-loan\/\" target=\"_blank\" rel=\"noreferrer noopener\">How do you Ensure Low Interest Rates for a Personal Loan<\/a><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<div class=\"rl-cta\">\n  <div class=\"rl-cta__glow\" aria-hidden=\"true\"><\/div>\n  <span class=\"rl-cta__mark\" aria-hidden=\"true\">\u20b9<\/span>\n  <div class=\"rl-cta__inner\">\n    <p class=\"rl-cta__eyebrow\"><\/p>\n    <h2 class=\"rl-cta__title\"><span class=\"ez-toc-section\" id=\"Money_in_Minutes-6\"><\/span>Money in Minutes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n    <ul class=\"rl-cta__usps\">\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Cash from \u20b95000\u20135 Lakh<sup>*<\/sup><\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Instant approval<\/li>\n      <li><span class=\"rl-cta__tick\" aria-hidden=\"true\">\u2713<\/span> Rates from 10.49% p.a.<sup>*<\/sup><\/li>\n    <\/ul>\n    <a class=\"rl-cta__btn\" href=\"https:\/\/loanwalle.com\/personal-loan?utm_source=Ruloans_SENP&#038;utm_medium=Blog&#038;utm_campaign=plfc-shivam\" target=\"_blank\" rel=\"noopener\">Apply Now <span aria-hidden=\"true\">\u2192<\/span><\/a>\n    <p class=\"rl-cta__proof\">No hidden charges \u2022 Trusted by 1M+ borrowers across 4,000+ cities<\/p>\n    <p class=\"rl-cta__tnc\">*Interest rate subject to eligibility &amp; credit profile. T&amp;C apply.<\/p>\n  <\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Pros_and_Cons_of_a_Personal_Loan_for_Car\"><\/span><strong>Pros and Cons of a Personal Loan for Car<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The main benefits are 100% funding, no collateral, fast disbursal and a lien-free car. The main drawbacks are a higher interest rate, a shorter tenure (higher EMI) and a lower maximum amount than a car loan.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>Pros<\/strong><\/td><td><strong>Cons<\/strong><\/td><\/tr><tr><td>No hypothecation; RC is fully in your name<\/td><td>Rate 2\u20135 percentage points higher than a car loan<\/td><\/tr><tr><td>Works for any car age and any seller<\/td><td>Tenure capped at about 5 years, so EMIs are higher<\/td><\/tr><tr><td>Funds in 24\u201348 hours; useful for quick private deals<\/td><td>Processing fee can reach 2%\u20133% + GST<\/td><\/tr><tr><td>Can cover down payment, insurance, RTO and accessories<\/td><td>Adds to unsecured debt on your credit report<\/td><\/tr><tr><td>No NOC or lien removal after closure<\/td><td>Over-borrowing risk if you stretch beyond your budget<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Conclusion<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">A personal loan for car gives you the freedom to buy the car you want, new or used, from a dealer or a private seller, with full ownership from day one. It&#8217;s flexible enough to cover the entire price, just the down payment, or extras like insurance and registration. The key is getting the right rate for your profile.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.ruloans.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ruloans<\/a> is a financial distribution company working with 275+ banks and NBFCs. With Ruloans, you compare offers in one place, choose the lender with the lowest interest rate for you, and get complete support from application to disbursement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Check your personal loan eligibility today.<\/strong> <a href=\"https:\/\/www.ruloans.com\/personal-loan\" target=\"_blank\" rel=\"noreferrer noopener\">Apply for a personal loan for car on Ruloans<\/a> and drive home your car sooner.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQ\"><\/span>FAQ<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1791466067630\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can I sell my car before I finish repaying a personal loan for car?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. A personal loan for car doesn&#8217;t put a lien on your RC, so you can sell the car anytime without a bank NOC. The loan continues as a normal personal loan, and you keep paying EMIs as scheduled. You can also use the sale money to prepay it.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1791466077446\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can I buy a car in my spouse&#8217;s or parent&#8217;s name with my personal loan?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. The personal loan is in your name, but the car can be registered in a family member&#8217;s name because the lender has no claim on the vehicle. This is useful if your spouse or parent wants to own the car while you handle the EMIs.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1791466086596\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can I use a personal loan to buy an electric car?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. A personal loan for car purchase works for petrol, diesel, CNG, hybrid and electric cars. It also covers costs that an EV loan may not, such as a home charger installation. That makes it a good option for used EVs, which few lenders finance.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1791466097582\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can a first-time borrower with no credit history get a personal loan for car?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. Many banks and NBFCs lend to new-to-credit applicants with a stable salary, a good employer and regular bank statements. You may start with a smaller amount or a slightly higher rate. Paying every EMI on time builds a strong CIBIL score for future loans.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1791466109962\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can I get a personal loan for car if I already have a home loan or other EMIs?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, as long as your total EMIs, including the new one, stay within your lender&#8217;s FOIR limit, usually 40\u201360% of net income. A home loan often strengthens your profile because it shows a disciplined repayment history. Comparing lenders helps you find one with a higher FOIR allowance.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1791466125211\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can I take a personal loan for car without salary slips?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. Self-employed professionals, freelancers and business owners can apply with ITRs, bank statements and business proof instead of salary slips. Lenders mainly want to see steady income credits. A 2-year ITR history and clean banking usually make approval straightforward.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1791466135537\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can I use a personal loan to buy a car from another state?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. Since there&#8217;s no lender lien, buying a used car from another state is simpler with a personal loan for used car purchase. Get an NOC from the original RTO. If the car will stay in your state for more than 12 months, re-register it there and pay the local road tax.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1791466147049\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can I replace my existing car loan with a personal loan to remove hypothecation?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. You can use a personal loan to close your car loan, collect the bank&#8217;s NOC and submit Form 35 at the RTO to remove hypothecation from the RC. This is worth doing when you plan to sell the car soon or when your personal loan rate is competitive.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1791466158208\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can I take a top-up on my existing personal loan to buy a car?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes. Many lenders offer a top-up loan to borrowers with 6\u201312 months of on-time EMIs. Top-ups usually come with minimal paperwork and quick disbursal, which makes them a fast way to fund a used car or a car down payment.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1791466168685\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><strong>Can self-employed borrowers claim tax benefits on a personal loan for car?<\/strong><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, if the car is used for business or professional work. Interest on the loan and depreciation on the car can generally be claimed as business expenses for the business-use portion. Keep loan statements and usage records, and confirm the exact claim with your CA.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n<div class=\"sabox-plus-item\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Yes, you can take a personal loan for car purchase  [&#8230;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[95,67],"tags":[1831,1832],"class_list":["post-16201","post","type-post","status-publish","format-standard","hentry","category-personal-loan","category-car-loan","tag-personal-loan-for-car","tag-personal-loan-for-used-car"],"rttpg_featured_image_url":null,"rttpg_author":{"display_name":"admin","author_link":"https:\/\/www.ruloans.com\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.ruloans.com\/blog\/personal-loan\/\" rel=\"category tag\">Personal Loan<\/a> <a href=\"https:\/\/www.ruloans.com\/blog\/car-loan\/\" rel=\"category tag\">Car Loan<\/a>","rttpg_excerpt":"Yes, you can take a personal loan for car purchase [...]","_links":{"self":[{"href":"https:\/\/www.ruloans.com\/blog\/wp-json\/wp\/v2\/posts\/16201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ruloans.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ruloans.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ruloans.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ruloans.com\/blog\/wp-json\/wp\/v2\/comments?post=16201"}],"version-history":[{"count":3,"href":"https:\/\/www.ruloans.com\/blog\/wp-json\/wp\/v2\/posts\/16201\/revisions"}],"predecessor-version":[{"id":16231,"href":"https:\/\/www.ruloans.com\/blog\/wp-json\/wp\/v2\/posts\/16201\/revisions\/16231"}],"wp:attachment":[{"href":"https:\/\/www.ruloans.com\/blog\/wp-json\/wp\/v2\/media?parent=16201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ruloans.com\/blog\/wp-json\/wp\/v2\/categories?post=16201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ruloans.com\/blog\/wp-json\/wp\/v2\/tags?post=16201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}