About Car Loan

A car loan is a great way to drive your dream car without making the complete payment upfront. You don’t need to wait for some more months or years to buy your dream car as you can take a car loan to meet your fund requirement.

Flexible Loan Amounts – Finance up to a large percentage of the car’s value.

Competitive Interest Rates – Enjoy affordable monthly repayments.

Convenient Tenure – Choose repayment periods that fit your budget.

Apply for loan

Get financing for whatever you need now

Achieve all your goals and aspirations; with the right kind of help, exactly when you need it.

New Car Loan

Sterling Union-Loan Company offers new car loan at fair interest rates and adjustable repayment terms.Fast sanction, personalised service, and absolute transparency in new car loans.

New Car Loan

Sterling Union-Loan Company offers new car loan at fair interest rates and adjustable repayment terms. Fast sanction, personalised service, and absolute transparency in new car loans.

Loan Against Car

With no income documents required, getting a loan couldn’t get any easier. Sterling Union-Loan Company offers you a car loan at basic interest rates and flexible EMI for repayment.

Other Loan

Sterling Union-Loan Company also grant different loans like Home loan, Personal loan and Educate loan at fair rate of interest and flexible EMI. For more details, you can check our loan products.

Get financing for whatever you need now

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Features of Car Loan

All loans are not created equal, personal loan has become a great option for people to use.

Cash Loan Facility

Finance up to a large percentage of the car’s value.

Special Preapproved Loan

Enjoy affordable monthly repayments.

No Varifactions

Our loan rates and charges are very attractive, Transparent terms with no hidden charges..

150% Funding on Loan

Choose repayment periods that fit your budget

Car Loan - Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.

Age

Maximum age of applicant at loan maturity: 60 years

Income

Minimum Net Monthly Income: Rs 15,000

Credit Rating

Applicant should have the bank specified credit score.

Frequently Ask Questions

If you have a question that deals with clients, customers or the public in general, there is bound to be a need for the FAQ page.

Yes, you can repay your loan before the agreed tenure. Early repayment terms will be explained during your application.

At Sterling Union Bank, we offer Loan Refinancing options designed to help you manage debt more conveniently and affordably.

What is Loan Refinancing?

Loan refinancing allows you to replace your existing loan with a new loan at better terms — such as lower interest rates, longer repayment periods, or reduced monthly payments.

Benefits of Refinancing with Us

  • Lower Interest Rates – Reduce the overall cost of borrowing.

  • Flexible Repayment – Extend or restructure your loan to fit your budget.

  • Debt Consolidation – Combine multiple loans into one manageable repayment plan.

  • Quick Approval – Simple process with minimal paperwork.

Who Can Apply?

  • Existing Sterling Union Bank loan customers

  • Customers transferring loans from other banks to Sterling Union Bank

  • Individuals or businesses with a good repayment history and steady income

Sterling Union Bank – Helping You Save More While You Pay Less.

Get a Quote

Now apply for a Car Loan online. All you need to do is provide your details in the application form.