CarDekho launches online auto finance marketplace

CarDekho launches online auto finance marketplace

Submitted by alvin on Wed, 2016-04-13 11:11 Bengaluru: CarDekho.com, a leading online automobile portal, announced the launch of its online car finance marketplace - finance.cardekho.com. It has partnered with financial institutions such as HDFC Bank, ICICI Bank, IndusInd Bank and Au Financiers for providing pre-approved loans to car buyers. With this move the company enables its customers to obtain a pre-approved loan before buying a car via leading lenders at the click of a button. The marketplace covers all segments of car buyers and also enables finance for passenger vehicles for commercial use. CarDekho says that their marketplace offering comes with a number of differentiated consumer friendly features. These include up to 100�inancing, approval process faster than banks, plus doorstep document collection. CarDekho will provide this service for no charge to customers. A CarDekho user can compare and customise various loan offers online besides availing special interest rates, processing fees waivers and up to Rs. 5,000 shopping vouchers during the process of auto loan disbursal. The beta version for CarDekho’s integrated marketplace was launched with HDFC Bank in August 2015 and received an overwhelming response, with loan applications of over Rs.350 crores from across the country.